Seaport Res Ptn Analysts Lift Earnings Estimates for BK

The Bank of New York Mellon Co. (NYSE:BK) – Research analysts at Seaport Res Ptn lifted their Q1 2025 earnings estimates for Bank of New York Mellon in a report issued on Thursday, January 16th. Seaport Res Ptn analyst J. Mitchell now expects that the bank will post earnings per share of $1.54 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 $5.87 per share. Seaport Res Ptn also issued estimates for Bank of New York Mellon’s Q2 2025 earnings at $1.84 EPS, Q3 2025 earnings at $1.78 EPS, Q4 2025 earnings at $1.84 EPS, FY2025 earnings at $7.00 EPS, Q1 2026 earnings at $1.69 EPS, Q2 2026 earnings at $2.06 EPS, Q3 2026 earnings at $1.99 EPS, Q4 2026 earnings at $2.07 EPS and FY2026 earnings at $7.80 EPS.

Bank of New York Mellon (NYSE:BK) last announced its quarterly earnings results on Wednesday, January 15th. The bank reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.18. The firm had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $4.66 billion. Bank of New York Mellon had a net margin of 9.44% and a return on equity of 12.06%. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.28 earnings per share.

Other analysts have also issued research reports about the stock. StockNews.com lowered shares of Bank of New York Mellon from a “buy” rating to a “hold” rating in a report on Thursday. Barclays raised 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 report on Thursday. Truist Financial raised their price objective on shares of Bank of New York Mellon from $91.00 to $93.00 and gave the stock a “buy” rating in a report on Thursday. Keefe, Bruyette & Woods raised their price objective on shares of Bank of New York Mellon from $87.00 to $96.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Finally, Wolfe Research lowered shares of Bank of New York Mellon from an “outperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Bank of New York Mellon presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.14.

Bank of New York Mellon Stock Up 1.3 %

Shares of BK opened at $83.31 on Monday. The stock has a market cap of $60.57 billion, a price-to-earnings ratio of 18.11, a P/E/G ratio of 0.76 and a beta of 1.08. The company has a 50-day moving average price of $78.87 and a two-hundred day moving average price of $72.32. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.89. Bank of New York Mellon has a 12 month low of $52.64 and a 12 month high of $83.67.

Bank of New York Mellon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Monday, January 27th will be given a $0.47 dividend. The ex-dividend date is Monday, January 27th. This represents a $1.88 annualized dividend and a yield of 2.26%. Bank of New York Mellon’s dividend payout ratio is currently 40.87%.

Institutional Investors Weigh In On Bank of New York Mellon

Several institutional investors have recently added to or reduced their stakes in the stock. McClarren Financial Advisors Inc. lifted its position in Bank of New York Mellon by 586.4% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 405 shares of the bank’s stock worth $29,000 after buying an additional 346 shares in the last quarter. Fortitude Family Office LLC lifted its position in Bank of New York Mellon by 130.6% during the 3rd quarter. Fortitude Family Office LLC now owns 611 shares of the bank’s stock worth $44,000 after buying an additional 346 shares in the last quarter. Modus Advisors LLC bought a new stake in Bank of New York Mellon during the 4th quarter worth about $49,000. Ashton Thomas Securities LLC bought a new stake in Bank of New York Mellon during the 3rd quarter worth about $46,000. Finally, Grove Bank & Trust lifted its position in Bank of New York Mellon by 28.8% during the 3rd quarter. Grove Bank & Trust now owns 644 shares of the bank’s stock worth $46,000 after buying an additional 144 shares in the last quarter. 85.31% of the stock is owned by institutional investors.

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.