Bank of New York Mellon
About: BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with $47.8 trillion in under custody or administration (as of Dec. 31, 2023), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.0 trillion in assets.
Employees: 52,000
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
279% more first-time investments, than exits
New positions opened: 220 | Existing positions closed: 58
45% more funds holding in top 10
Funds holding in top 10: 20 [Q3] → 29 (+9) [Q4]
43% more call options, than puts
Call options by funds: $399M | Put options by funds: $279M
10% more funds holding
Funds holding: 1,271 [Q3] → 1,401 (+130) [Q4]
10% more capital invested
Capital invested by funds: $43.4B [Q3] → $47.6B (+$4.21B) [Q4]
2.1% more ownership
Funds ownership: 81.92% [Q3] → 84.02% (+2.1%) [Q4]
5% less repeat investments, than reductions
Existing positions increased: 458 | Existing positions reduced: 483
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$83
4%
upside
Avg. target
$95
20%
upside
High target
$104
31%
upside
8 analyst ratings
6 positive
75%
2 neutral
25%
0 negative
0%
Wells Fargo Whit Mayo 47% 1-year accuracy 7 / 15 met price target | 21%upside $96 | Equal-Weight Maintained | 3 Mar 2025 |
UBS Brennan Hawken 40% 1-year accuracy 14 / 35 met price target | 18%upside $94 | Buy Maintained | 21 Jan 2025 |
B of A Securities Ebrahim Poonawala 50% 1-year accuracy 11 / 22 met price target | 20%upside $95 | Buy Maintained | 16 Jan 2025 |
Barclays Jason Goldberg 48% 1-year accuracy 27 / 56 met price target | 31%upside $104 | Overweight Maintained | 16 Jan 2025 |
Morgan Stanley Betsy Graseck 65% 1-year accuracy 30 / 46 met price target | 22%upside $97 | Overweight Maintained | 16 Jan 2025 |
Financial journalist opinion
Based on 22 articles about BK published over the past 30 days
Positive
Zacks Investment Research
2 hours ago
Best Momentum Stocks to Buy for March 13th
BK, TKOMY and MASS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 13, 2025.
Positive
Reuters
4 hours ago
Wall Street powerhouse BNY takes minority stake in EquiLend
EquiLend, a fintech at the heart of securities lending on Wall Street, said on Thursday it has secured a minority investment from an affiliate of U.S. banking giant BNY.
Neutral
PRNewsWire
5 hours ago
EquiLend Secures Minority Investment from BNY
Strategic investment builds on long-standing collaboration between the two organizations NEW YORK , March 13, 2025 /PRNewswire/ -- EquiLend, the global leader in technology, data and analytics solutions for the securities finance industry, today announced a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY) (NYSE: BK). BNY's investment represents a significant commitment to EquiLend and its suite of technology solutions.
Positive
Market Watch
1 day ago
9 quality bank stocks most likely to rise as much as 45% after recent market declines
Recent action shows investors can never really predict how interest rates will move.
Positive
Zacks Investment Research
2 days ago
Best Momentum Stocks to Buy for March 11th
HSAI, ESE and BK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 11, 2025.
Neutral
PRNewsWire
5 days ago
BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock
NEW YORK , March 7, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten public offering of 20,000,000 depositary shares, each representing a 1/4,000th interest in a share of its Series K Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $25 per depositary share), at a public offering price of $25 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series K preferred stock (equivalent to $25 per depositary share) at a rate per annum equal to 6.150% from the original issue date to, but excluding, March 20, 2030; and from, and including, March 20, 2030, at the "five-year treasury rate" (as defined in the preliminary prospectus supplement) as of the most recent reset dividend determination date plus 2.161%.
Neutral
Business Wire
5 days ago
BNY Mellon Municipal Closed-End Fund Announces Proposed Reorganization With and Into a BNY Mellon Municipal Open-End Fund
NEW YORK--(BUSINESS WIRE)--The Board of Directors of BNY Mellon Municipal Income, Inc. (the "Fund"), a registered closed-end fund, approved the reorganization of the Fund with and into BNY Mellon AMT-Free Municipal Bond Fund (the "Acquiring Fund"), a series of BNY Mellon Municipal Funds, Inc., a registered open-end fund. The proposed reorganization of the Fund is subject to certain conditions, including approval by the Fund's stockholders at a special meeting of stockholders scheduled to be hel.
Neutral
PRNewsWire
1 week ago
BNY Announces Redemption of Floating Rate Callable Senior Bank Notes Due 2026
NEW YORK , March 5, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that The Bank of New York Mellon, its wholly-owned subsidiary, will redeem all of its issued and outstanding Floating Rate Callable Senior Bank Notes due March 13, 2026 (CUSIP: 06405LAE1) (the "Notes"). The Notes have an aggregate principal amount of $500,000,000.
Neutral
PRNewsWire
1 week ago
BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock
NEW YORK , March 3, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of its Series J Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series J preferred stock (equivalent to $1,000 per depositary share) at a rate per annum equal to 6.300% from the original issue date to, but excluding, March 20, 2030; and from, and including, March 20, 2030, at the "five-year treasury rate" (as defined in the preliminary prospectus supplement) as of the most recent reset dividend determination date plus 2.297%.
Positive
Investors Business Daily
1 week ago
As Financial Stocks Hold Up, This Bank Forms Add-On Buy Point
Financial stocks are showing relative strength. And leading money center Bank Of New York Mellon could be actionable soon as the stock nears a buy point.
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