The Bank of New York Mellon Corporation (BK), headquartered in New York, provides a range of financial products and services. Valued at $79.7 billion by market cap, the company provides investment and wealth management, securities, and market services, and manages and services assets for financial institutions, corporations, and individual investors. The world's largest custodian bank and securities services company is expected to announce its fiscal fourth-quarter earnings for 2025 before the market opens ...

Core Viewpoint - The Bank of New York Mellon Corporation (BK) is identified as a promising momentum stock, currently holding a Momentum Style Score of A and a Zacks Rank of 2 (Buy) [3][4][12]. Momentum Style Score Analysis - The Zacks Momentum Style Score helps investors identify stocks with strong price trends and earnings estimate revisions, which are crucial for assessing future performance [2][9]. - BK's recent price changes and earnings estimate revisions are key drivers of its Momentum Style Score [3][10]. Price Performance - Over the past week, BK shares increased by 2.64%, while the Zacks Banks - Major Regional industry rose by 4.34% [6]. - In a longer timeframe, BK's monthly price change is 5.93%, compared to the industry's 12.16% [6]. - Over the last quarter, BK shares have risen by 7.65%, and over the past year, they have gained 48.46%, significantly outperforming the S&P 500, which moved 4% and 14.09% respectively [7]. Trading Volume - BK's average 20-day trading volume is 3,239,192 shares, indicating a bullish sign as it establishes a price-to-volume baseline [8]. Earnings Outlook - In the past two months, 8 earnings estimates for BK have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $7.14 to $7.38 [10]. - For the next fiscal year, 8 estimates have also moved higher without any downward revisions [10]. Conclusion - Considering the strong momentum indicators and positive earnings outlook, BK is positioned as a solid buy candidate for investors seeking short-term gains [12].

Group 1 - BNY has announced its participation in the U.S. government's investment initiative for children, matching a $1,000 contribution for eligible newborns of its employees, effectively doubling the investment in each child's future [1] - The initiative is part of BNY's broader efforts to enhance financial opportunities for employees, which includes equity grants, student loan matching, and improved 401(k) features [1] - The children's savings account program, established by the One Big Beautiful Bill Act, will provide a $1,000 pilot contribution from the U.S. Treasury for eligible children born in the U.S. between 2025 and 2028 [1] Group 2 - BNY's matching contribution will provide an additional $1,000 per eligible child once the account is opened and verified, facilitating early savings for families [1] - BNY is a global financial services company managing $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management as of September 30, 2025 [1] - The company supports over 90% of Fortune 100 companies and nearly all top 100 banks globally, assisting them in accessing necessary funds [1] Group 3 - BNY is focused on remaining competitive in a rapidly evolving financial services sector, which is increasingly influenced by agile Fintech startups [2]

The company will match federal contributions for eligible U.S. employees' children, strengthening financial access for families BNY's participation builds on its broader efforts to strengthen employees' financial opportunity, including BK Shares equity grants, new student loan matching, enhanced 401(k) features and expanded support for saving and investing at every career stage. Media Contact Ryan Wells [email protected] "For more than two centuries, BNY has supported our nation's financial ecosystem and th ...

Anneliese Diedrichs +1 646 468 6026 [email protected] Investors Marius Merz +1 212 298 1480 [email protected] BNY Mr. Lowrey has served as Executive Chairman of global financial services leader, Prudential Financial, Inc. since April 2025. Mr. Lowrey was previously the company's Chief Executive Officer from December 2018 until March 2025 and Chairman from April 2019 until March 2025. Prior to these roles, he held leadership positions including head of Prudential's International and U.S. businesses, as presi ...

Core Viewpoint - BNY will reduce the Prime Lending Rate by 0.25%, from 7.00% to 6.75%, effective December 11, 2025 [1] Group 1: Company Overview - BNY is a global financial services company with over 240 years of experience, helping clients manage, move, and safeguard their money [2] - The company serves over 90% of Fortune 100 companies and nearly all of the top 100 banks globally, facilitating access to necessary funds [2] - As of September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management [2] Group 2: Corporate Recognition - BNY has been recognized among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators [3]

Core Viewpoint - BNY is experiencing solid momentum in its business, characterized by accelerating organic growth and better-than-expected net interest income (NII), which is positively impacting operating leverage and shareholder returns [2]. Group 1 - BNY is expected to continue its strong performance throughout 2025, with a focus on organic growth and capital returns to shareholders [2]. - The company's stock has increased over 40% year-to-date, reflecting positive market sentiment and performance [2].

Summary of The Bank of New York Mellon Conference Call Company Overview - **Company**: The Bank of New York Mellon (NYSE: BK) - **Date**: December 10, 2025 - **Speaker**: Dermot McDonogh, CFO Key Points 1. Business Performance and Momentum - BNY Mellon experienced solid momentum in 2025, with accelerating organic growth and better-than-expected net interest income (NII) [1][2] - The stock price increased over 40% year-to-date, reflecting positive performance and shareholder returns [1] 2. Strategic Focus for 2026 - The company is focused on maintaining strong momentum and executing its strategic pillars laid out over the past three years [2][3] - Key areas of focus include enhancing the commercial model and operationalizing the "1BNY" strategy to improve client engagement and retention [3][4] 3. Commercial Model and Client Engagement - The commercial model has been a significant driver of growth, with efforts to do more with the existing client base [4][5] - The Platform Operating Model is being implemented, with 75% of the firm already integrated, leading to improved growth and productivity [5] 4. Organic Revenue Growth - Organic revenue growth was approximately 4% in the first half of the year, with expectations for continued improvement [6][7] - BNY Mellon has a diversified business model, with some segments performing exceptionally well while others are in transformation phases [8][9] 5. Digital Assets and Innovation - BNY Mellon is positioning itself as a bridge between traditional finance and digital ecosystems, with ongoing investments in digital asset custody and product innovation [20][21] - The firm anticipates that digital assets will become increasingly material to its revenue in the medium term [22][23] 6. Inorganic Growth and M&A - The company does not prioritize inorganic growth for its strategic ambitions, focusing instead on internal execution and transformation [12][13] - BNY Mellon remains open to evaluating M&A opportunities but maintains a high cultural and financial bar for any potential deals [14] 7. Asset Servicing Business - The asset servicing business is the largest fee pool and is expected to deliver the fastest growth in nearly a decade, driven by macro factors and improved client service [15][16] - Leadership and cultural changes have positively impacted the asset servicing business, leading to increased market share [17][18] 8. Investment and Wealth Management (IWM) - The IWM segment has faced organic growth challenges, but recent strategic hires and a focus on efficiency are expected to improve performance [30][31] - BNY Mellon aims to return this segment to mid-20s growth in the medium term [31] 9. Financial Dynamics and Expense Management - The firm is on track to deliver over 35% pre-tax margins, with a focus on positive operating leverage and disciplined expense management [32][33] - The company has achieved approximately $500 million in efficiencies annually and plans to continue investing in growth opportunities [32][33] 10. Capital Returns - BNY Mellon has maintained a capital-like business model, with a capital return strategy of around 100% payout expected to continue into 2026 [42][43] - The firm generated a 28% return on tangible common equity (ROTCE) in recent quarters, reflecting strong financial health [42] 11. Outlook for 2026 - The company is optimistic about its ability to grow NII and maintain strong deposit performance, with expectations for mid-single-digit growth in Q4 [37][41] - BNY Mellon is preparing for potential changes in the economic environment, including Fed policy impacts on deposits [41] Additional Insights - The firm is focused on enhancing its technological capabilities and client service offerings, particularly in the digital asset space [20][21] - There is a strong emphasis on collaboration across different business units to leverage the full capabilities of BNY Mellon for client benefit [28][29]

Core Viewpoint - The Zacks Major Regional Banks industry is expected to face weak asset quality due to higher inflation from tariffs, but will benefit from lower interest rates, improving net interest income (NII) and margins, and modest economic growth, which should lift loan demand [1][4][5]. Industry Overview - The Zacks Major Regional Banks industry consists of the largest banks in the U.S. by assets, operating globally and heavily influenced by the nation's economic health. These banks provide a wide range of financial services, including traditional banking, credit and debit cards, mortgage banking, wealth management, and investment banking, generating significant revenue from fees and commissions [3]. Key Trends - **Lower Interest Rates**: The Federal Reserve has begun cutting interest rates, which is expected to stabilize and eventually lower deposit costs, benefiting major regional banks despite initial lower NII and margins [4]. - **Modest Rise in Loan Demand**: As borrowing costs decline, loan demand is anticipated to improve, with NII and net interest margins expected to rise slightly [5]. - **Restructuring Initiatives**: Major regional banks are restructuring to reduce dependence on spread income, investing in technology and expanding both domestically and internationally to enhance profitability [6]. Asset Quality Concerns - Economic health concerns and trade policies have raised prices, impacting borrowers' repayment abilities. Banks are building reserves to mitigate potential defaults, although conservative lending strategies have helped maintain manageable asset quality [7]. Industry Ranking and Performance - The Zacks Major Regional Banks industry ranks 52, placing it in the top 22% of over 250 Zacks industries, indicating improving prospects and an encouraging earnings outlook [8][10]. - The industry has underperformed the S&P 500, gaining 9.6% over the past year compared to the S&P 500's 14.6% increase [11]. Valuation Metrics - The industry has a trailing 12-month price-to-tangible book ratio (P/TBV) of 2.50X, significantly lower than the S&P 500's 12.87X, indicating an attractive valuation compared to the broader market [14][16]. Company Highlights - **BNY Mellon**: Operates in 35 countries, focusing on various financial services. The company has a market cap of $79.8 billion, with a projected earnings growth of 22.1% for 2025. It has been expanding its digital capabilities and launching new services, including a Stablecoin reserves fund [18][22]. - **U.S. Bancorp**: Headquartered in Minneapolis, it has a market cap of $79.5 billion and is expected to see earnings growth of 14.1% for 2025. The company has been expanding through acquisitions and partnerships, enhancing its fee-based businesses and maintaining a strong capital distribution strategy [24][28].

Core Viewpoint - Canadian Banc Corp. plans to execute a share split of its Class A shares due to strong performance, with shareholders receiving additional shares [1] Share Split Details - Class A shareholders will receive 10 additional shares for every 100 shares held, effective for those on record by December 16, 2025 [1] - The share split is subject to approval by the Toronto Stock Exchange [1] - The Class A shares will begin trading on an ex-split basis on December 16, 2025, with no fractional shares issued [3] Cash Distributions - Class A shareholders will continue to receive monthly cash distributions targeted at an annualized rate of 15%, based on the volume weighted average market price for the last three trading days of the preceding month [2] - Since inception, cash distributions have totaled $24.60 per share [2] Investment Portfolio - The Company invests in a portfolio of six publicly traded Canadian banks, including Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia, and Toronto-Dominion Bank [4] - The weight of shares in the portfolio is expected to range between 5-20% but may vary [4] - The Company also engages in a selective covered call writing program to generate additional returns [4]