Here’s How Much You Would Have Made Owning Bank of New York Mellon Stock In The Last 15 Years

Bank of New York Mellon (NYSE:BNY) has outperformed the market over the past 15 years by 1.4% on an annualized basis producing an average annual return of 14.46%. Currently, Bank of New York Mellon has a market capitalization of $96.84 billion.

Buying $1000 In BNY: If an investor had bought $1000 of BNY stock 15 years ago, it would be worth $7,639.33 today based on a price of $143.66 for BNY at the time of writing.

Bank of New York Mellon’s Performance Over Last 15 Years

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.