Bank of New York Mellon (NYSE:BNY) has outperformed the market over the past 15 years by 1.52% on an annualized basis producing an average annual return of 14.09%. Currently, Bank of New York Mellon has a market capitalization of $99.25 billion.
Buying $100 In BNY: If an investor had bought $100 of BNY stock 15 years ago, it would be worth $689.80 today based on a price of $149.05 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.
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