Are Wall Street Analysts Bullish on Bank of New York Mellon Stock?

Core Insights - Bank of New York Mellon Corporation (BK) is valued at $89 billion and is a leading American financial services and investment company, established in 2007 through a merger [1] Performance Overview - BNY stock has increased by 48.1% over the past 52 weeks and 9.9% year-to-date (YTD), significantly outperforming the S&P 500 Index, which gained 15.6% over the past year and 1.7% YTD [2] - The company has also outperformed the SPDR S&P Bank ETF (KBE), which rose by 13.5% over the past year [3] Financial Results - For fiscal 2025 fourth-quarter earnings, BNY reported total revenue of approximately $5.18 billion, reflecting a year-over-year increase of about 7%, driven by higher net interest income and fee revenue [5] - Adjusted earnings per share (EPS) were approximately $2.08, exceeding consensus expectations [5] - BNY Mellon oversees about $59.3 trillion in assets under custody and administration and $2.2 trillion in assets under management, reinforcing its status as the world's largest custodian bank [5] Future Expectations - Analysts project an adjusted EPS of $8.32 for the current year ending in December, representing a year-over-year increase of 10.9% [6] - The company has a strong earnings surprise history, having surpassed bottom-line estimates in each of the past four quarters [6] Analyst Ratings - Among 19 analysts covering the stock, the consensus rating is a "Moderate Buy," consisting of ten "Strong Buys," two "Moderate Buys," and seven "Holds" [6] - Recent analyst updates indicate improved confidence in the company's earnings outlook, with Citigroup raising its price target for BNY from $120 to $136 [7]