Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
Barclays analyst Jason Goldberg raised the firm’s price target on BNY Mellon (BK) to $104 from $102 and keeps an Overweight rating on the shares. The bank’s Q4 earnings were ahead as net ...
BofA raised the firm’s price target on BNY Mellon (BK) to $95 from $90 and keeps a Buy rating on the shares. Following earnings, the firm raised its FY25 and FY26 EPS estimates by about 5% and ...
BNY Mellon Mid Cap Multi-Strategy Fund earns an Average Process Pillar rating. The leading factor in the rating is its parent firm's superior long-term risk-adjusted performance, as shown by the ...
BNY Mellon reported better-than-expected earnings for the fourth quarter of 2024, with earnings per share (EPS) surpassing analyst forecasts. The financial institution's stock saw a positive ...
He consults with the fundamental equity group that was created in 2021 through a combination of the teams from two BNY Mellon affiliates, Mellon Capital and Newton. This team of fundamental ...
Higher fee revenues, net interest income, reduction in provisions and non-interest expenses propelled BNY Mellon's strong results and buybacks also help the bank to deliver higher EPS. Together ...
NEW YORK, Jan. 15, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared ...
Concerns were growing in Wexford on Monday over the future of 300 jobs at financial firm BNY Mellon’s local operation. There were widespread reports from employees that the company was planning ...
Further, total non-interest expenses (GAAP basis) were $3.36 billion for BNY Mellon, down 16%. The decline was due to a fall in costs related to staff charges, net occupancy charges, distribution ...
BNY Mellon posted 33% YoY EPS growth and an 11% revenue increase, surpassing analyst expectations for Q4 2024. Noninterest expenses dropped 16% YoY due to FDIC adjustments, savings, and lower ...
Buoyed by its strong Q4 results, BNY aims for 80% of employees to transition ... The Bank of New York Mellon Corp. (NYSE:BK), created from the 2007 merger of the Bank of New York and Mellon ...