Curious about The Bank of New York Mellon (BK) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts project that The Bank of New York Mellon Corporation (BK) will report quarterly earnings of $1.96 per share, reflecting a 14% year-over-year increase, with revenues expected to reach $5.1 billion, a 5.2% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 1% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts forecast 'Revenue- Market and Wealth Services- Total revenue' to reach $1.77 billion, indicating a 6.1% increase from the prior-year quarter [5]. - The estimate for 'Revenue- Securities Services- Total fee and other revenue' is projected at $1.76 billion, reflecting a 7.4% increase from the prior-year quarter [5]. - The consensus for 'Revenue- Securities Services- Net interest income' stands at $693.25 million, showing a year-over-year change of 1.8% [6]. - 'Revenue- Securities Services- Total revenue' is expected to reach $2.46 billion, indicating a 5.8% increase from the year-ago quarter [6]. - 'Revenue- Market and Wealth Services- Net interest income' is projected at $525.13 million, reflecting a year-over-year change of 10.8% [6]. Key Financial Metrics - The 'Tier 1 Leverage Ratio' is estimated to be 6.0%, up from 5.7% a year ago [7]. - 'Total interest-earning assets - Average balance' is projected to be $380.01 billion, compared to $357.77 billion in the same quarter last year [7]. - The consensus estimate for 'Book value per common share' is $56.52, up from $51.52 in the same quarter of the previous year [8]. - The estimated 'Tier 1 Capital Ratio (Standardized Approach)' is 14.3%, compared to 13.7% a year ago [8]. - 'Assets under management - Total' is expected to reach $2155.08 billion, up from $2030.00 billion a year ago [9]. - 'Nonperforming Assets' are projected to reach $247.61 million, compared to $179.00 million in the same quarter last year [9]. - The 'Total Capital Ratio (Standardized Approach)' is likely to reach 15.3%, up from 14.8% a year ago [10]. Stock Performance - Shares of The Bank of New York Mellon have returned +1.8% over the past month, outperforming the Zacks S&P 500 composite's +0.9% change, with a Zacks Rank 2 (Buy) indicating expected outperformance in the near future [11].