Zacks Research Issues Optimistic Estimate for BK Earnings

The Bank of New York Mellon Co. (NYSE:BK - Free Report) - Analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for Bank of New York Mellon in a report released on Thursday, April 10th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $1.75 for the quarter, up from their prior estimate of $1.74. The consensus estimate for Bank of New York Mellon's current full-year earnings is $6.96 per share. Zacks Research also issued estimates for Bank of New York Mellon's Q4 2025 earnings at $1.84 EPS, FY2025 earnings at $6.74 EPS, Q3 2026 earnings at $1.86 EPS, Q4 2026 earnings at $2.05 EPS and FY2026 earnings at $7.53 EPS.

Several other equities research analysts have also recently weighed in on BK. Morgan Stanley cut their target price on Bank of New York Mellon from $99.00 to $98.00 and set an "overweight" rating for the company in a research note on Wednesday, April 2nd. UBS Group boosted their target price on Bank of New York Mellon from $88.00 to $94.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. Barclays upped their price objective on shares of Bank of New York Mellon from $102.00 to $104.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. StockNews.com cut Bank of New York Mellon from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Finally, Citigroup upped their price target on Bank of New York Mellon from $82.00 to $85.00 and gave the company a "neutral" rating in a research report on Monday, March 24th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $89.64.

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Bank of New York Mellon Price Performance

BK stock traded down $0.14 during mid-day trading on Friday, hitting $77.53. The stock had a trading volume of 4,435,327 shares, compared to its average volume of 3,981,848. 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 market capitalization of $55.66 billion, a P/E ratio of 13.34, a P/E/G ratio of 0.97 and a beta of 1.03. The firm has a fifty day simple moving average of $83.63 and a 200 day simple moving average of $80.24. Bank of New York Mellon has a 52 week low of $52.64 and a 52 week high of $90.34.

Bank of New York Mellon (NYSE:BK - Get Free Report) last announced its earnings results on Friday, April 11th. The bank reported $1.58 EPS for the quarter, topping the consensus estimate of $1.50 by $0.08. The company had revenue of $4.79 billion for the quarter, compared to analysts' expectations of $4.76 billion. Bank of New York Mellon had a net margin of 11.35% and a return on equity of 12.68%. The business's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the firm earned $1.29 earnings per share.

Institutional Investors Weigh In On Bank of New York Mellon

Several institutional investors and hedge funds have recently added to or reduced their stakes in BK. Capital Analysts LLC raised its holdings in shares of Bank of New York Mellon by 3.7% in the 4th 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 holdings in 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 worth $90,000 after acquiring an additional 131 shares during the last quarter. Syon Capital LLC boosted its position in Bank of New York Mellon by 2.5% during the fourth quarter. Syon Capital LLC now owns 5,432 shares of the bank's stock worth $417,000 after purchasing an additional 132 shares during the period. Oppenheimer & Co. Inc. increased its stake in shares of Bank of New York Mellon by 0.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 34,536 shares of the bank's stock worth $2,653,000 after purchasing an additional 133 shares in the last quarter. Finally, Grove Bank & Trust boosted its holdings in Bank of New York Mellon by 21.0% in the 4th quarter. Grove Bank & Trust now owns 779 shares of the bank's stock worth $60,000 after buying an additional 135 shares during the period. Hedge funds and other institutional investors own 85.31% of the company's stock.

Bank of New York Mellon Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, April 21st will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Monday, April 21st. Bank of New York Mellon's payout ratio is currently 30.62%.

About Bank of New York Mellon

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.