Seaport Res Ptn Has Bullish Forecast for BK FY2025 Earnings

The Bank of New York Mellon Corporation (NYSE:BK) – Equities research analysts at Seaport Res Ptn raised their FY2025 earnings per share estimates for Bank of New York Mellon in a note issued to investors on Thursday, October 16th. Seaport Res Ptn analyst J. Mitchell now expects that the bank will post earnings per share of $7.38 for the year, up from their previous estimate of $7.13. 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 2025 earnings at $1.96 EPS, Q1 2026 earnings at $1.83 EPS, Q3 2026 earnings at $2.10 EPS and FY2026 earnings at $8.20 EPS.

Several other equities research analysts have also issued reports on BK. BMO Capital Markets started coverage on Bank of New York Mellon in a research note on Friday, October 3rd. They set an “outperform” rating and a $125.00 price target for the company. The Goldman Sachs Group lifted their price target on Bank of New York Mellon from $106.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Truist Financial lifted their price target on Bank of New York Mellon from $118.00 to $119.00 and gave the stock a “hold” rating in a research note on Friday, October 17th. Keefe, Bruyette & Woods lifted their price target on Bank of New York Mellon from $120.00 to $124.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Citigroup lifted their price target on Bank of New York Mellon from $92.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, September 5th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $111.29.

Bank of New York Mellon Price Performance

NYSE:BK opened at $107.05 on Monday. The firm has a market capitalization of $75.50 billion, a price-to-earnings ratio of 15.45, a P/E/G ratio of 1.00 and a beta of 1.13. Bank of New York Mellon has a 52-week low of $70.46 and a 52-week high of $110.87. The stock has a fifty day moving average of $105.77 and a 200 day moving average of $94.98. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.72 and a current ratio of 0.70.

Bank of New York Mellon (NYSE:BK) last posted its quarterly earnings data on Tuesday, March 26th. The bank reported $1.30 earnings per share (EPS) for the quarter. The company had revenue of $4.38 billion during the quarter. Bank of New York Mellon had a return on equity of 14.03% and a net margin of 12.86%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Bank of New York Mellon by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 71,092,148 shares of the bank’s stock valued at $6,477,206,000 after purchasing an additional 517,081 shares during the period. Geode Capital Management LLC increased its holdings in Bank of New York Mellon by 4.3% during the 2nd quarter. Geode Capital Management LLC now owns 18,898,373 shares of the bank’s stock valued at $1,717,074,000 after purchasing an additional 785,478 shares during the period. Artisan Partners Limited Partnership increased its holdings in Bank of New York Mellon by 0.9% during the 2nd quarter. Artisan Partners Limited Partnership now owns 15,803,214 shares of the bank’s stock valued at $1,439,831,000 after purchasing an additional 139,544 shares during the period. Ameriprise Financial Inc. increased its holdings 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 purchasing an additional 221,613 shares during the period. Finally, Norges Bank purchased a new position in Bank of New York Mellon during the 2nd quarter valued at about $1,081,847,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Bank of New York Mellon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Monday, October 27th will be issued a $0.53 dividend. The ex-dividend date is Monday, October 27th. This represents a $2.12 annualized dividend and a dividend yield of 2.0%. Bank of New York Mellon’s payout ratio is currently 30.59%.

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.