Seaport Res Ptn Issues Optimistic Outlook for BK Earnings

The Bank of New York Mellon Co. (NYSE:BK) – Equities research analysts at Seaport Res Ptn increased their Q1 2025 earnings per share estimates for shares of Bank of New York Mellon in a research report issued to clients and investors on Thursday, January 16th. Seaport Res Ptn analyst J. Mitchell now forecasts that the bank will earn $1.54 per share for the quarter, up from their prior estimate of $1.41. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $6.86 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 released its earnings results on Wednesday, January 15th. The bank reported $1.72 earnings per share (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 return on equity of 12.68% and a net margin of 11.35%. The company’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.28 EPS.

Other equities analysts have also recently issued research reports about the company. Truist Financial raised their price objective on Bank of New York Mellon from $91.00 to $93.00 and gave the company a “buy” rating in a report on Thursday, January 16th. JPMorgan Chase & Co. raised their price objective on Bank of New York Mellon from $69.00 to $77.00 and gave the company an “overweight” rating in a report on Monday, October 7th. Keefe, Bruyette & Woods raised their price objective on Bank of New York Mellon from $87.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Barclays raised their price objective on Bank of New York Mellon from $102.00 to $104.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Finally, StockNews.com cut Bank of New York Mellon from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $88.00.

Bank of New York Mellon Price Performance

BK stock opened at $84.92 on Monday. The stock has a 50-day moving average price of $78.96 and a two-hundred day moving average price of $72.57. The stock has a market cap of $61.74 billion, a PE ratio of 14.62, a price-to-earnings-growth ratio of 0.95 and a beta of 1.08. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 0.83. Bank of New York Mellon has a 1 year low of $52.64 and a 1 year high of $85.00.

Institutional Investors Weigh In On Bank of New York Mellon

A number of institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its holdings in shares of Bank of New York Mellon by 4.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 9,589 shares of the bank’s stock worth $737,000 after acquiring an additional 400 shares during the period. Fifth Third Bancorp boosted its stake in shares of Bank of New York Mellon by 9.2% in the fourth quarter. Fifth Third Bancorp now owns 94,046 shares of the bank’s stock valued at $7,226,000 after buying an additional 7,935 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Bank of New York Mellon in the fourth quarter valued at approximately $342,000. Exchange Traded Concepts LLC boosted its stake in shares of Bank of New York Mellon by 3.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 167,092 shares of the bank’s stock valued at $12,838,000 after buying an additional 5,977 shares during the period. Finally, CX Institutional boosted its stake in shares of Bank of New York Mellon by 1.8% in the fourth quarter. CX Institutional now owns 8,588 shares of the bank’s stock valued at $660,000 after buying an additional 153 shares during the period. Institutional investors own 85.31% of the company’s stock.

Bank of New York Mellon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Monday, January 27th will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Monday, January 27th. Bank of New York Mellon’s dividend payout ratio is presently 32.36%.

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.