What is Seaport Res Ptn’s Estimate for BK Q1 Earnings?

The Bank of New York Mellon Co. (NYSE:BK) – Seaport Res Ptn boosted their Q1 2025 EPS estimates for shares of Bank of New York Mellon in a research report issued on Thursday, April 3rd. Seaport Res Ptn analyst J. Mitchell now forecasts that the bank will post earnings per share of $1.55 for the quarter, up from their previous estimate of $1.54. 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 $1.85 EPS, Q2 2026 earnings at $2.05 EPS and Q4 2026 earnings at $2.08 EPS.

Bank of New York Mellon (NYSE:BK) last announced its quarterly earnings data on Wednesday, January 15th. The bank reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.18. The business had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $4.66 billion. Bank of New York Mellon had a net margin of 11.35% and a return on equity of 12.68%. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.28 earnings per share.

A number of other analysts have also issued reports on BK. UBS Group boosted their target price on shares of Bank of New York Mellon from $88.00 to $94.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Wells Fargo & Company boosted their price objective on shares of Bank of New York Mellon from $86.00 to $96.00 and gave the company an “equal weight” rating in a research report on Monday, March 3rd. Truist Financial reduced their target price on shares of Bank of New York Mellon from $93.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday. Evercore ISI increased their price objective on Bank of New York Mellon from $83.00 to $87.00 and gave the stock an “in-line” rating in a research note on Tuesday, April 1st. Finally, Citigroup lifted their target price on Bank of New York Mellon from $82.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, March 24th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $89.86.

Bank of New York Mellon Price Performance

Shares of BK stock opened at $73.17 on Friday. The stock has a 50 day moving average price of $84.98 and a 200 day moving average price of $80.02. 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. The firm has a market capitalization of $52.53 billion, a P/E ratio of 12.59, a P/E/G ratio of 0.97 and a beta of 1.03.

Hedge Funds Weigh In On Bank of New York Mellon

Several institutional investors and hedge funds have recently bought and sold shares of the company. Parvin Asset Management LLC acquired a new position in shares of Bank of New York Mellon during the fourth quarter valued at about $25,000. Bellwether Advisors LLC acquired a new position in Bank of New York Mellon during the 4th quarter valued at approximately $28,000. REAP Financial Group LLC grew its holdings in shares of Bank of New York Mellon by 123.2% during the fourth quarter. REAP Financial Group LLC now owns 395 shares of the bank’s stock valued at $30,000 after buying an additional 218 shares during the last quarter. Transce3nd LLC acquired a new position in shares of Bank of New York Mellon in the 4th quarter valued at $33,000. Finally, South Plains Financial Inc. purchased a new position in Bank of New York Mellon in the 4th quarter worth $34,000. 85.31% of the stock is owned by hedge funds and other institutional investors.

Bank of New York Mellon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.88 dividend on an annualized basis and a yield of 2.57%. Bank of New York Mellon’s payout ratio is 32.36%.

About Bank of New York Mellon

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.