BNY Mellon (BK) EPS Growth Expected to Improve Amid Strategic Execution, Says RBC Capital

Group 1 - The Bank of New York Mellon Corporation (NYSE:BK) is one of the largest publicly traded asset managers, with a recent price target increase from RBC Capital to $130 from $124 while maintaining a Sector Perform rating [1] - CEO Robin Vince is implementing a business strategy focused on three pillars: "Be More for Our Clients, Run Our Company Better, and Power Our Culture" [1] - The execution of this strategy has led to a breakdown of business unit silos and a reduction in expenditure inflation, which is expected to enhance earnings per share growth [1] Group 2 - The Bank of New York Mellon operates through four segments: Securities Services, Market & Wealth Services, Investment & Wealth Management, and Other [2]