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 $52.1 trillion in under custody or administration (as of December 2024), 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: 51,800
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
286% more first-time investments, than exits
New positions opened: 224 | 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
11% more funds holding
Funds holding: 1,270 [Q3] → 1,405 (+135) [Q4]
10% more capital invested
Capital invested by funds: $43.3B [Q3] → $47.6B (+$4.32B) [Q4]
2.31% more ownership
Funds ownership: 81.66% [Q3] → 83.97% (+2.31%) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 460 | Existing positions reduced: 481
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$85
11%
upside
Avg. target
$93
21%
upside
High target
$104
36%
upside
10 analyst ratings
6 positive
60%
4 neutral
40%
0 negative
0%
Truist Securities David Smith 33% 1-year accuracy 4 / 12 met price target | 13%upside $87 | Buy Maintained | 14 Apr 2025 |
Morgan Stanley Betsy Graseck 42% 1-year accuracy 22 / 53 met price target | 23%upside $94 | Overweight Maintained | 7 Apr 2025 |
Evercore ISI Group Glenn Schorr 20% 1-year accuracy 7 / 35 met price target | 13%upside $87 | In-Line Maintained | 1 Apr 2025 |
Citigroup Keith Horowitz 7% 1-year accuracy 2 / 27 met price target | 11%upside $85 | Neutral Maintained | 24 Mar 2025 |
RBC Capital Gerard Cassidy 18% 1-year accuracy 6 / 33 met price target | 17%upside $90 | Sector Perform Reiterated | 17 Mar 2025 |
Financial journalist opinion
Based on 26 articles about BK published over the past 30 days
Negative
WSJ
22 hours ago
Big Banks Alarmed After Their Regulator Gets Hacked
JPMorgan and others have paused some electronic information-sharing with the OCC.
Positive
Seeking Alpha
1 day ago
BNY Mellon: A Stagflation Winner At A Fair Valuation
BNY Mellon has shown strong performance with shares up 41% over the past year, driven by elevated interest rates and robust cost controls. The bank's Q1 results were solid, with earnings of $1.58 per share and total revenue up 6%, highlighting its strong asset quality and liquidity. Despite economic uncertainty, BNY Mellon's low credit exposure and high-quality balance sheet make it a low-risk investment, offering a 6.5% capital return yield.
Positive
Market Watch
1 day ago
Fresh debt from JPMorgan, Morgan Stanley draws warm reception from investors
JPMorgan Chase & Co., Morgan Stanley and Bank of New York Mellon Corp. drew a warm reception to billions of new corporate bond issuance on Monday, as yield spreads against U.S. Treasurys fell in a sign of healthy demand.
Neutral
Seeking Alpha
4 days ago
The Bank of New York Mellon Corporation (BK) Q1 2025 Earnings Call Transcript
The Bank of New York Mellon Corporation (NYSE:BK ) Q1 2025 Earnings Conference Call April 11, 2025 11:00 AM ET Company Participants Marius Merz - Head of IR Robin Vince - President and CEO Dermot McDonogh - CFO Conference Call Participants Ken Usdin - Autonomous Research Alex Blostein - Goldman Sachs Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America David Smith - Truist Securities Brian Bedell - Deutsche Bank Steven Chubak - Wolfe Research Betsy Graseck - Morgan Stanley Gerard Cassidy - RBC Jim Mitchell - Seaport Global Securities Operator Good morning, and welcome to the 2025 First Quarter Earnings Conference Call hosted by BNY. At this time, all participants are in a listen-only mode.
Positive
CNBC Television
4 days ago
BNY Mellon CEO on earnings beat, the treasury market and more
Robin Vince, Bank of New York Mellon CEO, joins 'The Exchange' to discuss financial earnings, the state of the economy and bank regulation.
Positive
Zacks Investment Research
4 days ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
Neutral
Zacks Investment Research
4 days ago
BK Stock Up on Q1 Earnings & Revenue Beat, Provisions Fall Y/Y
BNY Mellon first-quarter 2025 earnings top estimates on higher revenues and lower provisions. Yet, high costs and lower AUM remain woes.
Positive
Zacks Investment Research
4 days ago
The Bank of New York Mellon (BK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for The Bank of New York Mellon (BK) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
5 days ago
The Bank of New York Mellon Corporation (BK) Surpasses Q1 Earnings and Revenue Estimates
The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.29 per share a year ago.
Neutral
PRNewsWire
5 days ago
BNY Declares Dividends
NEW YORK , April 11, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common – a quarterly common stock dividend of $0.47 per share, payable on May 2, 2025 to shareholders of record as of the close of business on April 21, 2025. Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in June 2025, in each case payable on June 20, 2025 to holders of record as of the close of business on June 5, 2025: $1,311.33 per share on the Series A Preferred Stock (equivalent to $13.113322 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock); $925.00 per share on the Series H Preferred Stock (equivalent to $9.250000 per depositary share, each representing a 1/100th interest in a share of the Series H Preferred Stock); $937.50 per share on the Series I Preferred Stock (equivalent to $9.375000 per depositary share, each representing a 1/100th interest in a share of the Series I Preferred Stock); and $1,640.00 per share on the Series K Preferred Stock (equivalent to $0.410000 per depositary share, each representing a 1/4,000th interest in a share of the Series K Preferred Stock).
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