Bank of New York Mellon (NYSE:BK) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Bank of New York Mellon (NYSE:BK) announced its quarterly earnings data on Tuesday. The bank reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.11, FiscalAI reports. Bank of New York Mellon had a net margin of 12.86% and a return on equity of 14.03%. The company had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.11 billion.

Bank of New York Mellon Stock Up 1.4%

Shares of NYSE:BK opened at $120.66 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.70. Bank of New York Mellon has a 52-week low of $70.46 and a 52-week high of $122.36. The business’s 50 day simple moving average is $113.92 and its two-hundred day simple moving average is $106.84. The firm has a market cap of $84.14 billion, a P/E ratio of 17.41, a PEG ratio of 0.92 and a beta of 1.11.

Bank of New York Mellon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Monday, October 27th were given a $0.53 dividend. The ex-dividend date was Monday, October 27th. This represents a $2.12 dividend on an annualized basis and a yield of 1.8%. Bank of New York Mellon’s dividend payout ratio (DPR) is currently 30.59%.

Institutional Trading of Bank of New York Mellon

Several institutional investors and hedge funds have recently made changes to their positions in BK. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Bank of New York Mellon by 639.5% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,076,729 shares of the bank’s stock valued at $771,080,000 after acquiring an additional 6,119,749 shares during the period. AQR Capital Management LLC lifted its stake in Bank of New York Mellon by 29.1% in the third quarter. AQR Capital Management LLC now owns 4,023,663 shares of the bank’s stock valued at $438,418,000 after purchasing an additional 906,218 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in Bank of New York Mellon by 0.8% during the third quarter. CANADA LIFE ASSURANCE Co now owns 1,536,659 shares of the bank’s stock valued at $168,596,000 after purchasing an additional 12,933 shares during the period. Raymond James Financial Inc. grew its holdings in Bank of New York Mellon by 4.4% during the third quarter. Raymond James Financial Inc. now owns 1,336,022 shares of the bank’s stock valued at $145,573,000 after purchasing an additional 56,473 shares during the period. Finally, California State Teachers Retirement System increased its position in Bank of New York Mellon by 1.0% in the third quarter. California State Teachers Retirement System now owns 1,224,904 shares of the bank’s stock worth $133,466,000 after buying an additional 11,555 shares during the last quarter. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Barclays increased their price target on Bank of New York Mellon from $120.00 to $143.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. BMO Capital Markets began coverage on Bank of New York Mellon in a research report on Friday, October 3rd. They set an “outperform” rating and a $125.00 target price for the company. Morgan Stanley increased their target price on Bank of New York Mellon from $118.00 to $124.00 and gave the stock an “overweight” rating in a report on Wednesday, December 17th. Keefe, Bruyette & Woods raised 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 report on Friday, October 17th. Finally, The Goldman Sachs Group upped their price objective on shares of Bank of New York Mellon from $106.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Bank of New York Mellon presently has a consensus rating of “Moderate Buy” and an average price target of $115.43.

Bank of New York Mellon News Summary

Here are the key news stories impacting Bank of New York Mellon this week:

• Positive Sentiment: Q4 earnings beat — BK reported $2.08 EPS vs. consensus $1.96 and revenue of $5.18B vs. $5.11B expected; return on equity of 14.03% and a healthy net margin support profitability, a direct catalyst for upward price pressure.
• Positive Sentiment: Business drivers look constructive — Analysts expect rising fee income and higher net interest income (NII) to lift Q4 results, reinforcing the earnings beat and suggesting sustained revenue strength. Rise in Fee Income, NII Likely to Aid BK’s Q4 Earnings (Revised)
• Positive Sentiment: Short interest fell materially in December (down ~16.9% to ~8.78M shares), reducing a potential short-covering pressure risk and signaling less bearish positioning among traders — a supportive technical factor.
• Positive Sentiment: Analyst sentiment skews favorable — Consensus from covering analysts is a “Moderate Buy” (11 buys, 4 holds), which can underpin buying after a beat. The Bank of New York Mellon Corporation (NYSE:BK) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Sector tailwinds cited — Coverage notes that banks’ Q4 results should benefit from M&A and trading activity, which may lift BK indirectly but is not company-specific. Banks’ Q4 earnings seen rising on M&A, trading activity
• Neutral Sentiment: Forward estimates and previews — Market previews (Benzinga/Zacks) reiterate expected revenue/earnings drivers; useful for modeling but largely confirmatory rather than new information. A Look Ahead: Bank of New York Mellon’s Earnings Forecast
• Negative Sentiment: Regulatory/policy risk — Broader bank commentary notes potential headwinds from proposals to cap credit-card interest rates, which would pressure margins for some lenders and inject regulatory uncertainty into bank stocks generally. These Two Top Banks Chart Bullish Patterns Ahead Of Q4 Launch

About Bank of New York Mellon

Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company headquartered in New York City that provides a wide range of asset servicing, custody, and related financial infrastructure solutions to institutional clients. Its core businesses include custody and asset servicing, clearing and collateral management, treasury services, securities lending, corporate trust services, and depositary receipt administration. The company also offers investment management and advisory services through its asset management arm and provides technology-enabled solutions for trade processing, foreign exchange, and liquidity management.

BNY Mellon serves a broad client base that includes asset managers, pension funds, corporations, banks, broker-dealers and sovereign entities.