Seaport Res Ptn Issues Pessimistic Forecast for BK Earnings

The Bank of New York Mellon Co. (NYSE:BK - Free Report) - Equities researchers at Seaport Res Ptn cut their Q4 2025 earnings per share (EPS) estimates for shares of Bank of New York Mellon in a report released on Sunday, April 13th. Seaport Res Ptn analyst J. Mitchell now anticipates that the bank will post earnings of $1.81 per share for the quarter, down from their previous forecast of $1.85. The consensus estimate for Bank of New York Mellon's current full-year earnings is $6.96 per share. Seaport Res Ptn also issued estimates for Bank of New York Mellon's Q4 2026 earnings at $2.06 EPS.

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 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.08. The firm had revenue of $4.79 billion during the quarter, compared to analysts' expectations of $4.76 billion. Bank of New York Mellon had a return on equity of 12.68% and a net margin of 11.35%. The firm's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 EPS.

Several other equities analysts have also commented on the company. UBS Group upped their target price on Bank of New York Mellon from $88.00 to $94.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. Royal Bank of Canada restated a "sector perform" rating and issued a $90.00 target price on shares of Bank of New York Mellon in a report on Monday, March 17th. StockNews.com cut shares of Bank of New York Mellon from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Citigroup boosted 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. Finally, Bank of America lifted their price objective on Bank of New York Mellon from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Thursday, January 16th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Bank of New York Mellon presently has an average rating of "Moderate Buy" and a consensus target price of $91.31.

Bank of New York Mellon Trading Down 2.1 %

BK stock traded down $1.57 during midday trading on Wednesday, hitting $74.30. The stock had a trading volume of 869,124 shares, compared to its average volume of 3,947,486. Bank of New York Mellon has a 12-month low of $56.08 and a 12-month high of $90.34. The firm has a market cap of $53.35 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 0.97 and a beta of 1.03. The company's 50-day moving average price is $82.72 and its 200 day moving average price is $80.43. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.69 and a quick ratio of 0.70.

Bank of New York Mellon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, April 21st will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, April 21st. This represents a $1.88 annualized dividend and a dividend yield of 2.53%. Bank of New York Mellon's dividend payout ratio is presently 30.62%.

Insider Transactions at Bank of New York Mellon

In other Bank of New York Mellon news, insider Kurtis R. Kurimsky sold 5,641 shares of the firm's stock in a transaction 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 completion of the transaction, the insider now directly owns 21,679 shares of the company's stock, valued at $1,680,122.50. This trade represents a 20.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Catherine Keating sold 65,473 shares of the stock in a transaction dated 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 transaction, the vice president now directly owns 87,542 shares in the company, valued at $6,767,872.02. The trade was a 42.79 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.14% of the company's stock.

Institutional Trading of Bank of New York Mellon

Several institutional investors have recently added to or reduced their stakes in BK. Parvin Asset Management LLC bought a new position in Bank of New York Mellon in the fourth quarter worth about $25,000. Opal Wealth Advisors LLC bought a new stake in shares of Bank of New York Mellon in the 1st quarter worth approximately $25,000. Bellwether Advisors LLC acquired a new position in Bank of New York Mellon during the 4th quarter valued at approximately $28,000. REAP Financial Group LLC grew its stake in Bank of New York Mellon by 123.2% during the 4th quarter. REAP Financial Group LLC now owns 395 shares of the bank's stock worth $30,000 after buying an additional 218 shares during the last quarter. Finally, Transce3nd LLC bought a new position in Bank of New York Mellon during the 4th quarter worth $33,000. Institutional investors own 85.31% of the company's stock.

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.