Bank of New York Mellon (BK) to Release Earnings on Tuesday

Bank of New York Mellon (NYSE:BK - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 15th. Analysts expect Bank of New York Mellon to post earnings of $1.73 per share and revenue of $4.80 billion for the quarter.

Bank of New York Mellon (NYSE:BK - Get Free Report) last posted its quarterly earnings data on Friday, April 11th. The bank reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates of $1.50 by $0.08. Bank of New York Mellon had a net margin of 11.78% and a return on equity of 12.96%. The business had revenue of $4.79 billion for the quarter, compared to analysts' expectations of $4.76 billion. During the same quarter in the previous year, the business posted $1.29 earnings per share. The business's revenue was up 5.9% compared to the same quarter last year. On average, analysts expect Bank of New York Mellon to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Bank of New York Mellon Trading Up 0.9%

BK stock opened at $93.23 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.81. Bank of New York Mellon has a twelve month low of $59.19 and a twelve month high of $93.79. The stock has a market capitalization of $66.70 billion, a price-to-earnings ratio of 15.18, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The firm's fifty day simple moving average is $88.61 and its two-hundred day simple moving average is $84.23.

Bank of New York Mellon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Monday, April 21st were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Monday, April 21st. Bank of New York Mellon's dividend payout ratio is currently 30.62%.

Wall Street Analyst Weigh In

BK has been the subject of several analyst reports. Citigroup increased their price target on shares of 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. Evercore ISI increased their price target on shares of Bank of New York Mellon from $88.00 to $90.00 and gave the company an "in-line" rating in a research report on Wednesday, July 2nd. Truist Financial downgraded shares of Bank of New York Mellon from a "buy" rating to a "hold" rating and upped their price objective for the company from $87.00 to $97.00 in a report on Wednesday, May 28th. Royal Bank Of Canada restated a "sector perform" rating and set a $90.00 price objective on shares of Bank of New York Mellon in a report on Monday, March 17th. Finally, Morgan Stanley upped their price objective on shares of Bank of New York Mellon from $94.00 to $95.00 and gave the company an "overweight" rating in a report on Tuesday, June 3rd. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Bank of New York Mellon has a consensus rating of "Moderate Buy" and a consensus target price of $92.08.

Insiders Place Their Bets

In related news, insider Kurtis R. Kurimsky sold 5,641 shares of the company's stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $77.50, for a total transaction of $437,177.50. Following the sale, the insider directly owned 21,679 shares in the company, valued at approximately $1,680,122.50. This represents a 20.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Catherine Keating sold 65,473 shares of the company's stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $77.31, for a total transaction of $5,061,717.63. Following the sale, the vice president owned 87,542 shares in the company, valued at $6,767,872.02. The trade was a 42.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,114 shares of company stock worth $7,869,795 over the last three months. Company insiders own 0.14% of the company's stock.

Hedge Funds Weigh In On Bank of New York Mellon

An institutional investor recently bought a new position in Bank of New York Mellon stock. Revolve Wealth Partners LLC bought a new position in shares of The Bank of New York Mellon Corporation (NYSE:BK - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,858 shares of the bank's stock, valued at approximately $220,000. Institutional investors own 85.31% of the company's stock.

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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