Seaport Res Ptn Has Negative Estimate for BK Q2 Earnings

The Bank of New York Mellon Co. (NYSE:BK) – Seaport Res Ptn lowered their Q2 2025 earnings per share (EPS) estimates for Bank of New York Mellon in a research report issued on Sunday, April 13th. Seaport Res Ptn analyst J. Mitchell now anticipates that the bank will post earnings of $1.79 per share for the quarter, down from their previous forecast of $1.82. 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 Q3 2025 earnings at $1.73 EPS, FY2025 earnings at $6.90 EPS, Q1 2026 earnings at $1.65 EPS, Q2 2026 earnings at $2.02 EPS, Q3 2026 earnings at $1.97 EPS and FY2026 earnings at $7.70 EPS.

BK has been the topic of a number of other reports. Wolfe Research cut Bank of New York Mellon from an “outperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. Barclays boosted their price objective on Bank of New York Mellon from $102.00 to $104.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Truist Financial decreased their price objective on shares of Bank of New York Mellon from $90.00 to $87.00 and set a “buy” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft boosted their target price on Bank of New York Mellon from $94.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $90.00 price objective on shares of Bank of New York Mellon in a report on Monday, March 17th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, Bank of New York Mellon presently has a consensus rating of “Moderate Buy” and an average price target of $89.64.

Bank of New York Mellon Price Performance

Shares of Bank of New York Mellon stock opened at $77.53 on Tuesday. The stock has a market capitalization of $55.66 billion, a price-to-earnings ratio of 13.34, a price-to-earnings-growth ratio of 0.97 and a beta of 1.03. The company has a fifty day moving average of $83.46 and a 200-day moving average of $80.28. Bank of New York Mellon has a 52-week low of $52.64 and a 52-week high of $90.34. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.69.

Bank of New York Mellon (NYSE:BK) last released its earnings results on Friday, April 11th. The bank reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.08. The company had revenue of $4.79 billion during the quarter, compared to the consensus estimate of $4.76 billion. Bank of New York Mellon had a return on equity of 12.68% and a net margin of 11.35%. Bank of New York Mellon’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.29 EPS.

Hedge Funds Weigh In On Bank of New York Mellon

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital Analysts LLC increased its holdings in Bank of New York Mellon by 3.7% during the 4th quarter. Capital Analysts LLC now owns 3,317 shares of the bank’s stock worth $255,000 after purchasing an additional 119 shares during the last quarter. Cape Investment Advisory Inc. lifted its stake in shares of Bank of New York Mellon by 12.6% in the 4th quarter. Cape Investment Advisory Inc. now owns 1,172 shares of the bank’s stock worth $90,000 after acquiring an additional 131 shares during the period. Syon Capital LLC increased its position in shares of Bank of New York Mellon by 2.5% during the 4th quarter. Syon Capital LLC now owns 5,432 shares of the bank’s stock valued at $417,000 after purchasing an additional 132 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in Bank of New York Mellon by 0.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 34,536 shares of the bank’s stock valued at $2,653,000 after acquiring an additional 133 shares during the last quarter. Finally, Grove Bank & Trust grew its position in Bank of New York Mellon by 21.0% in the fourth quarter. Grove Bank & Trust now owns 779 shares of the bank’s stock worth $60,000 after buying an additional 135 shares during the last quarter. Institutional investors own 85.31% of the company’s stock.

Bank of New York Mellon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, April 21st will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.42%. The ex-dividend date is Monday, April 21st. Bank of New York Mellon’s dividend payout ratio is presently 30.62%.

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.