The Bank of New York Mellon Corporation (NYSE:BK ) Q1 2025 Earnings Conference Call April 11, 2025 11:00 AM ET Company Participants Marius Merz - Head of IR Robin Vince - President and CEO Dermot McDonogh - CFO Conference Call Participants Ken Usdin - Autonomous Research Alex Blostein - Goldman Sachs Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America David Smith - Truist Securities Brian Bedell - Deutsche Bank Steven Chubak - Wolfe Research Betsy Graseck - Morgan Stanley Gerard Cassidy - RBC Jim Mitchell - Seaport Global Securities Operator Good morning, and welcome to the 2025 First Quarter Earnings Conference Call hosted by BNY. At this time, all participants are in a listen-only mode.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
BNY Mellon first-quarter 2025 earnings top estimates on higher revenues and lower provisions. Yet, high costs and lower AUM remain woes.
The headline numbers for The Bank of New York Mellon (BK) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.29 per share a year ago.
The Bank of New York Mellon (BK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Get a deeper insight into the potential performance of The Bank of New York Mellon (BK) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
The Bank of New York Mellon (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Bank of New York Mellon Corporation's new preferred stock, BK-K, offers a 6.15% annual dividend, resetting every five years post-2030 based on the U.S. five-year Treasury rate plus 2.161%. BK-K is rated BBB by S&P, Baa1 by Moody's, and BBB+ by Fitch, trading at $25.67 with a current yield of 5.99% and a yield to call of 5.67%. BK has a strong history of dividend payments, with 25 years of uninterrupted distributions and a solid cushion to cover preferred dividends.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
High funding costs, tariff-related uncertainty and poor asset quality will hurt the Zacks Major Regional Banks. Yet, interest rate cuts, decent loan demand and business restructuring will likely aid industry players like USB, BK, TFC & NTRS.
Goldman Sachs is an acknowledged leader in the investment landscape on Wall Street and worldwide.