Equities Analysts Set Expectations for BK Q1 Earnings

The Bank of New York Mellon Co. (NYSE:BKFree Report) – Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for shares of Bank of New York Mellon in a note issued to investors on Wednesday, February 5th. Zacks Research analyst R. Department now expects that the bank will post earnings per share of $1.42 for the quarter, up from their prior forecast of $1.41. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $6.86 per share. Zacks Research also issued estimates for Bank of New York Mellon’s Q2 2025 earnings at $1.71 EPS, Q3 2025 earnings at $1.67 EPS, Q4 2025 earnings at $1.77 EPS, FY2025 earnings at $6.57 EPS, Q1 2026 earnings at $1.69 EPS, Q2 2026 earnings at $1.84 EPS, FY2026 earnings at $7.31 EPS and FY2027 earnings at $8.75 EPS.

Bank of New York Mellon (NYSE:BKGet Free Report) last announced its quarterly earnings data on Wednesday, January 15th. The bank reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.18. The company had revenue of $4.85 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $1.28 EPS.

A number of other analysts also recently issued reports on BK. Truist Financial raised their target price on Bank of New York Mellon from $91.00 to $93.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. Barclays lifted their target price on Bank of New York Mellon from $102.00 to $104.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $79.00 target price on shares of Bank of New York Mellon in a research report on Monday, October 14th. Deutsche Bank Aktiengesellschaft lifted their price objective on Bank of New York Mellon from $94.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Finally, Citigroup lifted their price objective on Bank of New York Mellon from $75.00 to $82.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $88.00.

Check Out Our Latest Analysis on Bank of New York Mellon

Bank of New York Mellon Trading Down 0.3 %

Shares of BK stock opened at $86.15 on Friday. Bank of New York Mellon has a fifty-two week low of $52.64 and a fifty-two week high of $87.70. The firm has a market capitalization of $62.64 billion, a P/E ratio of 14.83, a PEG ratio of 0.98 and a beta of 1.08. The stock’s fifty day moving average is $80.61 and its two-hundred day moving average is $74.51. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.69.

Bank of New York Mellon Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were paid a dividend of $0.47 per share. The ex-dividend date was Monday, January 27th. This represents a $1.88 annualized dividend and a yield of 2.18%. Bank of New York Mellon’s dividend payout ratio is presently 32.36%.

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. United Advisor Group LLC purchased a new position in Bank of New York Mellon in the third quarter valued at about $595,000. Czech National Bank lifted its holdings in shares of Bank of New York Mellon by 4.9% in the 4th quarter. Czech National Bank now owns 157,645 shares of the bank’s stock worth $12,112,000 after purchasing an additional 7,316 shares during the last quarter. Principal Financial Group Inc. increased its position in Bank of New York Mellon by 1.7% in the 3rd quarter. Principal Financial Group Inc. now owns 883,853 shares of the bank’s stock valued at $63,514,000 after acquiring an additional 14,916 shares during the period. Chase Investment Counsel Corp increased its position in Bank of New York Mellon by 67.2% in the 3rd quarter. Chase Investment Counsel Corp now owns 83,530 shares of the bank’s stock valued at $6,002,000 after acquiring an additional 33,558 shares during the period. Finally, HighTower Advisors LLC increased its position in Bank of New York Mellon by 130.1% in the 3rd quarter. HighTower Advisors LLC now owns 326,372 shares of the bank’s stock valued at $23,449,000 after acquiring an additional 184,560 shares during the period. 85.31% of the stock is currently owned by institutional investors and hedge funds.

About Bank of New York Mellon

(Get Free Report)

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.

See Also

Earnings History and Estimates for Bank of New York Mellon (NYSE:BK)

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