Goldman Sachs Reiterates Buy Rating on Bank of New York Mellon (BK)

Bank of New York Mellon (BK) PT Raised to $75 at Citi

Citi analyst Keith Horowitz raised the price target on Bank of New York Mellon (NYSE: BK) to $75.00 (from $70.00) while maintaining a Neutral rating.

The analyst comments "BK reported a strong 3Q, and the stock underperformed on the day (-40bps vs BKX +3%), but... More

Bank of New York Mellon (BK) PT Raised to $82 at Deutsche Bank

Deutsche Bank analyst Brian Bedell raised the price target on Bank of New York Mellon (NYSE: BK) to $82.00 (from $80.00) while maintaining a Buy rating.

The analyst comments "Overall, we viewed BK's 3Q results to be solid, with adjusted EPS of $1.52 above our $1.41 estimate & Consensus of $1.42. We view core EPS at $1.49 excluding a 3c benefit from a lower tax rate. 3Q results were supported by top-line beats to Consensus, including higher NII than... More

Bank of New York Mellon (BK) PT Raised to $86 at Barclays

Barclays analyst Jason Goldberg raised the price target on Bank of New York Mellon (NYSE: BK) to $86.00 (from $75.00) while maintaining a Overweight rating.

The analyst comments "Bottom line: EPS was ahead as fee income (aided by investment & other), net interest income (higher sponsored member cleared... More

Bank of New York Mellon (BK) PT Raised to $77 at Evercore ISI

Evercore ISI analyst Glenn Schorr raised the price target on Bank of New York Mellon (NYSE: BK) to $77.00 (from $66.00) while maintaining a In Line rating.

The analyst comments "Shares of BK underperformed the broader group by ~350bps as the stock has... More

JPMorgan Reiterates Overweight Rating on Bank of New York Mellon (BK)

JPMorgan analyst Vivek Juneja reiterated an Overweight rating and $77.00 price target on Bank of New York Mellon (NYSE: BK).

The analyst comments "BNY Mellon posted good core 3Q EPS of $1.54, reported EPS was $1.50. BNY Mellon continues to deliver good results and had strong positive operating leverage qoq... More

BNY Mellon (BK) Declares $0.47 Quarterly Dividend; 2.5% Yield

BNY Mellon (NYSE: BK) declared a quarterly dividend of $0.47 per share, or $1.88 annualized.

The dividend will be payable on November 1, 2024, to stockholders of record on October 21, 2024, with an ex-dividend date of October 18, 2024.

The annual yield on the dividend is 2.5... More

Bank of New York (BK) Tops Q3 EPS by 14c

Bank of New York (NYSE: BK) reported Q3 EPS of $1.52, $0.14 better than the analyst estimate of $1.38. Revenue for the quarter came in at $4.65 billion versus the consensus estimate of $4.5 billion.

For earnings history and earnings-related data on Bank of New York (BK) click here.

BNY Mellon (BK) call put ratio 6 calls to 1 put with focus on October 75 and 77.50 calls into quarter results

BNY Mellon (NYSE: BK) October call option implied volatility is at 35, November is at 26; compared to its 52-week range of 15 to 63 into the expected release of quarter results before the bell on October 11. Call put ratio 6 calls to 1 put with focus on October 75 and 77.50 calls.

BNY Mellon (BK) call put ratio 2.2 calls to 1 put into quarter results

BNY Mellon (NYSE: BK) October 75 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 11. Call put ratio 2.2 calls to 1 put.

BNY Mellon (BK) call put ratio 21 calls to 1 put with focus on October calls

BNY Mellon (NYSE: BK) October call option implied volatility is at 37, November is at 28; compared to its 52-week range of 15 to 63 into the expected release of quarter results before the bell on October 11. Call put ratio 21 calls to 1 put with focus on October calls.