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.
BK, TKOMY and MASS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 13, 2025.
Bank Of New York Mellon Upgraded To Buy As Further Upside Expected In 2025
Does The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out.
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?