The Bank of New York Mellon (BK) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Analysts forecast that The Bank of New York Mellon Corporation (BK) will report quarterly earnings of $1.75 per share, reflecting a year-over-year increase of 15.1%, with anticipated revenues of $4.95 billion, up 6.5% from the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised upward by 0.3% in the past 30 days, indicating a reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts project 'Revenue- Market and Wealth Services- Total revenue' to reach $1.70 billion, a 10.3% increase year-over-year [5]. - The estimate for 'Revenue- Securities Services- Total fee and other revenue' is $1.71 billion, suggesting a 6.3% year-over-year change [5]. - 'Revenue- Securities Services- Net interest income' is expected to be $652.08 million, reflecting a 7.1% increase year-over-year [6]. - The total revenue for 'Securities Services' is projected at $2.36 billion, indicating a 6.5% increase from the prior year [6]. Key Financial Metrics - The 'Tier 1 Leverage Ratio' is expected to remain at 6.0%, consistent with the same quarter last year [7]. - The estimated 'Total interest-earning assets - Average balance' is $369.21 billion, up from $356.93 billion in the same quarter last year [7]. - Analysts predict 'Book value per common share' will reach $54.88, compared to $51.78 in the same quarter last year [8]. - The consensus for 'Tier 1 Capital Ratio (Standardized Approach)' is 13.3%, down from 14.5% in the same quarter last year [8]. Nonperforming Loans and Assets - 'Total Nonperforming Loans' are expected to reach $242.13 million, up from $211.00 million in the same quarter last year [9]. - 'Assets under management - Total' is projected at $2152.86 billion, slightly up from $2144.00 billion year-over-year [9]. - 'Nonperforming Assets' are anticipated to be $243.13 million, compared to $211.00 million in the previous year [9]. Capital Ratios - The 'Total Capital Ratio (Standardized Approach)' is expected to be 15.1%, down from 15.6% in the same quarter last year [10]. Stock Performance - Over the past month, The Bank of New York Mellon shares have recorded a return of -1.8%, while the Zacks S&P 500 composite has changed by +0.4% [11].