Core Viewpoint - The Bank of New York Mellon Corporation (BK) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of surpassing expectations [1]. Earnings Performance - The company has consistently exceeded earnings estimates, averaging a beat of 8.15% over the last two quarters [2]. - In the most recent quarter, BK was expected to report earnings of $1.58 per share but reported $1.49 per share, resulting in a surprise of 6.04%. In the previous quarter, it exceeded the estimate of $1.56 per share by reporting $1.72 per share, a surprise of 10.26% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for BK, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. Current Earnings ESP - BK currently has an Earnings ESP of +1.03%, suggesting that analysts are optimistic about the company's earnings prospects. This positive ESP, combined with a Zacks Rank of 2 (Buy), indicates a potential for another earnings beat [8]. - The next earnings report for BK is expected to be released on July 15, 2025 [8].

Core Viewpoint - The Bank of New York Mellon Corporation (BK) is expected to report increased revenues and earnings for the second quarter of 2025, with a year-over-year growth anticipated in both metrics [1][10]. Financial Performance - In the last reported quarter, BK's earnings exceeded the Zacks Consensus Estimate, driven by higher fee revenues and net interest income (NII), along with lower provisions [2]. - The consensus estimate for BK's second-quarter earnings is $1.73 per share, reflecting a 14.6% increase from the previous year [3]. - The projected sales for the second quarter are $4.85 billion, indicating a 5.6% year-over-year growth [3]. Revenue Breakdown - Total investment services fees are estimated at $2.49 billion, a 5.5% increase from the previous year [4]. - Financing-related fees are expected to be $55 million, representing a 3.8% year-over-year rise [4]. - Distribution and servicing fees are projected at $38.08 million, indicating a 7.1% decline compared to the previous year [5]. - Foreign exchange revenues are estimated at $185 million, suggesting a slight increase from the year-ago quarter [6]. - Total fees and other revenues are expected to reach $3.71 billion, reflecting a 4% year-over-year rise [7]. Net Interest Income (NII) and Expenses - NII is projected to be $1.14 billion, marking a 10.9% year-over-year increase, supported by loan growth and higher interest rates [9]. - Non-interest expenses are expected to rise to $3.23 billion, indicating a 5.3% increase from the previous year, driven by inflationary pressures and technology upgrades [11]. Earnings Surprise and Estimates - BK has a history of earnings surprises, having exceeded the Zacks Consensus Estimate in the last four quarters with an average beat of 7.4% [3]. - The Earnings ESP for BK is -0.14%, suggesting a lower likelihood of beating the consensus estimate this time [12]. - BK currently holds a Zacks Rank 2 (Buy) [13].

In its upcoming report, The Bank of New York Mellon Corporation (BK) is predicted by Wall Street analysts to post quarterly earnings of $1.74 per share, reflecting an increase of 15.2% compared to the same period last year. Revenues are forecasted to be $4.86 billion, representing a year-over-year increase of 5.6%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their i ...

Stablecoin & Custody - BNY Mellon will serve as the primary custodian for Ripple Labs' RLUSD, an XRP-linked stablecoin [1] - BNY Mellon will safeguard funds backing Ripple Labs' RLUSD [1]

RT BNY (@BNYglobal)ANNOUNCEMENT: BNY selected to serve as the primary reserve custodian of @Ripple’s enterprise-grade stablecoin, Ripple USD (#RLUSD).#BNY and Ripple are jointly committed to paving the way for digital asset adoption at institutional scale and together are helping to bridge the gap between the traditional finance and cryptocurrency ecosystems.Learn more here 👉 https://t.co/vFaxETcJBD ...

Partnerships & Transparency - Ripple 选择 BNY Mellon 托管 $RLUSD 的美元储备 [1] - 此举旨在实现强大的风险管理和透明度 [1] Stablecoin & Reserves - $RLUSD 是一种由美元储备支持的稳定币 [1]

Partnership and Custody - Ripple partners with BNY Mellon as the primary custodian for its stablecoin [1] - The partnership with BNY Mellon aims to build trust in the crypto system by working with a well-regulated and capitalized partner [2][3] Stablecoin and Market Position - Ripple's stablecoin, RLUSD, has surpassed $500 million in market cap within six months of launch [5] - The stablecoin industry is currently valued at approximately $250 billion and is projected to grow to between $1 trillion and $2 trillion in the coming years [6] - Ripple entered the stablecoin market later than some competitors, initially using stablecoins in its payment flows for institutional customers [6][7] Regulatory Compliance and Licensing - Ripple has over 60 global licenses to participate in various markets [8] - Ripple has applied for an OC license and a Fed master account [8] - Ripple advocates for industry regulation and emphasizes its commitment to compliance [10][11] Strategy and Vision - Ripple aims to bridge the gap between traditional finance and decentralized finance by integrating the benefits of crypto into traditional systems [9] - Ripple focuses on facilitating faster and cheaper transactions [9]

Ripple has selected @BNYglobal as the primary reserves custodian for $RLUSD, an enterprise-grade stablecoin built for real-world utility, supported by one of the largest and most trusted financial services companies in the world. https://t.co/vMJKqQnWLsLearn more about our shared vision for compliant, scalable digital asset infrastructure and a foundational step in bridging traditional finance and crypto. ...

Group 1 - The Bank of New York Mellon Corporation (BK) is set to release its second-quarter earnings results on July 15, with analysts expecting earnings of $1.75 per share, an increase from $1.51 per share in the same period last year [1] - The projected quarterly revenue for BNY Mellon is $4.81 billion, compared to $4.6 billion a year earlier [1] - On July 1, BNY Mellon announced a 13% increase in its quarterly common stock dividend to 53 cents per share [2] Group 2 - Evercore ISI Group analyst Glenn Schorr maintained an In-Line rating and raised the price target from $88 to $90 [4] - Morgan Stanley analyst Betsy Graseck maintained an Overweight rating and increased the price target from $94 to $95 [4] - Truist Securities analyst David Smith downgraded the stock from Buy to Hold while raising the price target from $87 to $97 [4] - Citigroup analyst Keith Horowitz maintained a Neutral rating and increased the price target from $82 to $85 [4] - RBC Capital analyst Gerard Cassidy reiterated a Sector Perform rating with a price target of $90 [4]

Group 1: AI Integration in Banking - New York Mellon Bank has deployed dozens of AI-driven "digital employees" to work alongside human staff, marking a significant advancement in AI application within the banking sector [1] - The AI Hub at New York Mellon developed two types of digital employee roles within three months: one for identifying and fixing code vulnerabilities, and another for verifying payment instructions [1] - Goldman Sachs has introduced an internal AI assistant to approximately 10,000 bankers and traders, focusing on basic tasks like document proofreading and language refinement, with plans for more advanced capabilities in the future [2] Group 2: Future of AI in Financial Services - The integration of digital employees with human teams is a pressing issue for financial institutions, with questions surrounding coordination, management, and operational models [3] - JPMorgan envisions a future where every employee has an AI assistant and every client receives AI concierge services, aiming for more autonomous and intelligent versions tailored to specific roles [2] - The concept of digital employees is seen as a model to help business personnel understand AI tools, requiring unique system connections and access management [2]