Zacks Research Analysts Boost Earnings Estimates for BK

The Bank of New York Mellon Co. (NYSE:BK) – Stock analysts at Zacks Research lifted their Q1 2025 earnings per share estimates for shares of Bank of New York Mellon in a research report issued to clients and investors on Thursday, February 20th. Zacks Research analyst R. Department now expects that the bank will post earnings of $1.44 per share for the quarter, up from their previous estimate of $1.42. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $6.94 per share. Zacks Research also issued estimates for Bank of New York Mellon’s Q2 2025 earnings at $1.74 EPS, Q3 2025 earnings at $1.70 EPS, Q4 2025 earnings at $1.82 EPS, FY2025 earnings at $6.70 EPS, Q1 2026 earnings at $1.73 EPS, Q2 2026 earnings at $1.88 EPS, Q3 2026 earnings at $1.84 EPS, Q4 2026 earnings at $2.03 EPS, FY2026 earnings at $7.48 EPS and FY2027 earnings at $8.73 EPS.

BK has been the subject of a number of other research reports. Truist Financial raised their price target on shares of Bank of New York Mellon from $91.00 to $93.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Wells Fargo & Company increased their price objective on Bank of New York Mellon from $82.00 to $86.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Morgan Stanley boosted their target price on Bank of New York Mellon from $90.00 to $97.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Wolfe Research cut Bank of New York Mellon from an “outperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Finally, StockNews.com cut Bank of New York Mellon from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $88.00.

Bank of New York Mellon Trading Up 0.1 %

BK opened at $87.29 on Monday. Bank of New York Mellon has a 1-year low of $52.64 and a 1-year high of $89.44. The stock has a market capitalization of $63.46 billion, a PE ratio of 15.02, a PEG ratio of 0.98 and a beta of 1.08. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 0.83. The firm has a 50-day moving average price of $82.04 and a two-hundred day moving average price of $76.46.

Bank of New York Mellon (NYSE:BK) last released its quarterly earnings results on Wednesday, January 15th. The bank reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.18. The business had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $4.66 billion. Bank of New York Mellon had a return on equity of 12.68% and a net margin of 11.35%. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.28 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BK. Capital Analysts LLC raised its holdings in Bank of New York Mellon by 3.7% in the fourth quarter. Capital Analysts LLC now owns 3,317 shares of the bank’s stock worth $255,000 after purchasing an additional 119 shares during the period. Cape Investment Advisory Inc. increased its position in shares of Bank of New York Mellon by 12.6% in the 4th quarter. Cape Investment Advisory Inc. now owns 1,172 shares of the bank’s stock valued at $90,000 after buying an additional 131 shares in the last quarter. Syon Capital LLC raised its stake in Bank of New York Mellon by 2.5% during the 4th quarter. Syon Capital LLC now owns 5,432 shares of the bank’s stock worth $417,000 after buying an additional 132 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in Bank of New York Mellon by 0.4% during the fourth quarter. Oppenheimer & Co. Inc. now owns 34,536 shares of the bank’s stock worth $2,653,000 after acquiring an additional 133 shares in the last quarter. Finally, Studio Investment Management LLC grew its stake in Bank of New York Mellon by 2.1% in the third quarter. Studio Investment Management LLC now owns 6,636 shares of the bank’s stock valued at $477,000 after acquiring an additional 134 shares during the period. Institutional investors and hedge funds own 85.31% of the company’s stock.

Bank of New York Mellon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were given a $0.47 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.15%. Bank of New York Mellon’s dividend payout ratio is 32.36%.

Bank of New York Mellon Company Profile

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.