US Bancorp Takes Over #130 Spot from Bank of New York Mellon in Market Capitalization Ranking.

US Bancorp has surpassed Bank of New York Mellon Corp in market capitalization, ranking #130 in the S&P 500. US Bancorp's market cap is now $79.55 billion, while Bank of New York Mellon Corp's is $79.10 billion. Market capitalization is an important data point for investors, as it provides a true comparison of a company's value and helps determine its size tier in relation to peers. US Bancorp's market cap has a direct impact on mutual funds and ETFs willing to own the stock.