
The Bank of New York Mellon Corporation (NYSE:BK – Free Report) – Analysts at Zacks Research upped their FY2026 earnings estimates for shares of Bank of New York Mellon in a report issued on Thursday, December 11th. Zacks Research analyst Team now expects that the bank will post earnings per share of $7.90 for the year, up from their previous forecast of $7.89. 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 2026 earnings at $2.14 EPS, Q2 2027 earnings at $2.14 EPS and FY2027 earnings at $8.67 EPS.
A number of other analysts have also recently issued reports on BK. Morgan Stanley boosted their price objective on Bank of New York Mellon from $101.00 to $116.00 and gave the company an “overweight” rating in a research report on Monday, September 29th. Keefe, Bruyette & Woods lifted their target price on shares of Bank of New York Mellon from $120.00 to $124.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Evercore ISI upped their target price on shares of Bank of New York Mellon from $91.00 to $110.00 and gave the company an “in-line” rating in a research note on Tuesday, September 30th. TD Cowen raised their price target on shares of Bank of New York Mellon from $130.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bank of New York Mellon in a report on Monday. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Bank of New York Mellon currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.29.
Bank of New York Mellon Trading Down 2.2%
Bank of New York Mellon stock opened at $114.42 on Monday. The business has a 50 day moving average price of $109.90 and a two-hundred day moving average price of $103.12. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.83. Bank of New York Mellon has a 12 month low of $70.46 and a 12 month high of $119.40. The stock has a market cap of $79.79 billion, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 1.06 and a beta of 1.12.
Bank of New York Mellon (NYSE:BK – Get Free Report) last announced its quarterly earnings data on Tuesday, March 26th. The bank reported $1.30 EPS for the quarter. Bank of New York Mellon had a net margin of 12.86% and a return on equity of 14.03%. The business had revenue of $4.38 billion during the quarter.
Bank of New York Mellon Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Monday, October 27th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Monday, October 27th. Bank of New York Mellon’s dividend payout ratio (DPR) is currently 30.59%.
Institutional Trading of Bank of New York Mellon
Several large investors have recently added to or reduced their stakes in BK. Valeo Financial Advisors LLC grew its holdings in Bank of New York Mellon by 1.3% during the 3rd quarter. Valeo Financial Advisors LLC now owns 7,539 shares of the bank’s stock valued at $821,000 after purchasing an additional 94 shares during the last quarter. Ferguson Wellman Capital Management Inc. boosted its position in shares of Bank of New York Mellon by 0.4% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 24,752 shares of the bank’s stock valued at $2,697,000 after buying an additional 96 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. grew its stake in shares of Bank of New York Mellon by 1.9% during the third quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 5,192 shares of the bank’s stock valued at $566,000 after buying an additional 98 shares during the last quarter. Angeles Wealth Management LLC grew its stake in shares of Bank of New York Mellon by 2.6% during the third quarter. Angeles Wealth Management LLC now owns 3,798 shares of the bank’s stock valued at $414,000 after buying an additional 98 shares during the last quarter. Finally, Tiemann Investment Advisors LLC raised its holdings in shares of Bank of New York Mellon by 2.9% in the second quarter. Tiemann Investment Advisors LLC now owns 3,492 shares of the bank’s stock worth $318,000 after buying an additional 100 shares during the period. 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.
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