Core Viewpoint - The Bank of New York Mellon Corporation (BK) is expected to report increased revenues and earnings for the second quarter of 2025, with a year-over-year growth anticipated in both metrics [1][10]. Financial Performance - In the last reported quarter, BK's earnings exceeded the Zacks Consensus Estimate, driven by higher fee revenues and net interest income (NII), along with lower provisions [2]. - The consensus estimate for BK's second-quarter earnings is $1.73 per share, reflecting a 14.6% increase from the previous year [3]. - The projected sales for the second quarter are $4.85 billion, indicating a 5.6% year-over-year growth [3]. Revenue Breakdown - Total investment services fees are estimated at $2.49 billion, a 5.5% increase from the previous year [4]. - Financing-related fees are expected to be $55 million, representing a 3.8% year-over-year rise [4]. - Distribution and servicing fees are projected at $38.08 million, indicating a 7.1% decline compared to the previous year [5]. - Foreign exchange revenues are estimated at $185 million, suggesting a slight increase from the year-ago quarter [6]. - Total fees and other revenues are expected to reach $3.71 billion, reflecting a 4% year-over-year rise [7]. Net Interest Income (NII) and Expenses - NII is projected to be $1.14 billion, marking a 10.9% year-over-year increase, supported by loan growth and higher interest rates [9]. - Non-interest expenses are expected to rise to $3.23 billion, indicating a 5.3% increase from the previous year, driven by inflationary pressures and technology upgrades [11]. Earnings Surprise and Estimates - BK has a history of earnings surprises, having exceeded the Zacks Consensus Estimate in the last four quarters with an average beat of 7.4% [3]. - The Earnings ESP for BK is -0.14%, suggesting a lower likelihood of beating the consensus estimate this time [12]. - BK currently holds a Zacks Rank 2 (Buy) [13].