Zacks Research Analysts Increase Earnings Estimates for BK

Key Points

• Zacks Research has revised its earnings estimates for Bank of New York Mellon, anticipating Q3 2025 EPS to increase to $1.60 from $1.55.
• The bank recently declared a quarterly dividend of $0.53 per share, reflecting an increase from the previous dividend of $0.47.
• Several analysts have raised their price targets for the stock, with current consensus rating listed as "Moderate Buy" and an average price target of $94.38.

The Bank of New York Mellon Corporation (NYSE:BK - Free Report) - Investment analysts at Zacks Research boosted their Q3 2025 earnings per share estimates for Bank of New York Mellon in a research note issued on Monday, August 4th. Zacks Research analyst R. Department now anticipates that the bank will earn $1.60 per share for the quarter, up from their previous estimate of $1.55. 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 2025 earnings at $1.76 EPS, FY2025 earnings at $6.88 EPS, Q1 2026 earnings at $1.64 EPS, Q2 2026 earnings at $1.94 EPS, Q4 2026 earnings at $2.07 EPS, FY2026 earnings at $7.55 EPS, Q1 2027 earnings at $1.93 EPS and FY2027 earnings at $8.44 EPS.

Other equities analysts also recently issued reports about the company. Wells Fargo & Company raised their price objective on Bank of New York Mellon from $96.00 to $100.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Truist Financial raised their price target on shares of Bank of New York Mellon from $97.00 to $100.00 and gave the company a "hold" rating in a report on Wednesday, July 16th. Morgan Stanley boosted their price objective on shares of Bank of New York Mellon from $95.00 to $101.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Evercore ISI raised their target price 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 note on Wednesday, July 2nd. Finally, Keefe, Bruyette & Woods upped their price target on shares of Bank of New York Mellon from $105.00 to $113.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 16th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $94.38.

Bank of New York Mellon Trading Up 1.0%

Bank of New York Mellon stock traded up $1.01 during midday trading on Wednesday, reaching $103.22. The stock had a trading volume of 3,083,288 shares, compared to its average volume of 4,312,141. The stock's 50-day simple moving average is $94.41 and its 200 day simple moving average is $87.48. Bank of New York Mellon has a twelve month low of $62.83 and a twelve month high of $103.98. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.69 and a current ratio of 0.72. The stock has a market capitalization of $72.79 billion, a PE ratio of 15.76, a price-to-earnings-growth ratio of 0.99 and a beta of 1.12.

Bank of New York Mellon (NYSE:BK - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The bank reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.21. Bank of New York Mellon had a net margin of 12.27% and a return on equity of 13.46%. The business had revenue of $4.77 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period in the prior year, the firm posted $1.51 EPS. The company's revenue was up 9.4% on a year-over-year basis.

Institutional Investors Weigh In On Bank of New York Mellon

Several large investors have recently added to or reduced their stakes in BK. Geode Capital Management LLC boosted its holdings in shares of Bank of New York Mellon by 4.3% in the second quarter. Geode Capital Management LLC now owns 18,898,373 shares of the bank's stock valued at $1,717,074,000 after acquiring an additional 785,478 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Bank of New York Mellon by 1.9% during the 1st quarter. Ameriprise Financial Inc. now owns 12,043,601 shares of the bank's stock valued at $1,010,093,000 after acquiring an additional 221,613 shares in the last quarter. Northern Trust Corp increased its stake in Bank of New York Mellon by 19.1% in the 4th quarter. Northern Trust Corp now owns 9,533,615 shares of the bank's stock valued at $732,468,000 after buying an additional 1,526,686 shares during the period. Nuveen LLC acquired a new position in shares of Bank of New York Mellon in the first quarter worth $773,627,000. Finally, Invesco Ltd. raised its stake in shares of Bank of New York Mellon by 8.8% during the 1st quarter. Invesco Ltd. now owns 8,264,176 shares of the bank's stock worth $693,116,000 after purchasing an additional 667,966 shares in the last quarter. 85.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Bank of New York Mellon

In other Bank of New York Mellon news, EVP J Kevin Mccarthy sold 20,000 shares of the firm's stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $98.45, for a total value of $1,969,000.00. Following the transaction, the executive vice president owned 35,115 shares of the company's stock, valued at $3,457,071.75. This trade represents a 36.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.14% of the company's stock.

Bank of New York Mellon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Shareholders of record on Friday, July 25th were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.1%. This is a positive change from Bank of New York Mellon's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, July 25th. Bank of New York Mellon's dividend payout ratio is currently 32.37%.

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.