Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Bank of New York Mellon Corporation ( (BK) ) has provided an announcement.
On July 1, 2025, The Bank of New York Mellon Corporation announced its intention to increase its quarterly common stock cash dividend by 13%, from $0.47 to $0.53 per share, starting in the third quarter of 2025, pending Board approval. Additionally, the Federal Reserve confirmed that the company’s Stress Capital Buffer requirement will remain at 2.5%, effective from October 1, 2025, to September 30, 2026. The company is also authorized to continue its share repurchase program, with repurchases subject to factors like capital position and market conditions. The Federal Reserve’s proposed revisions to the capital plan rule are not expected to impact the company’s SCB requirement.
The most recent analyst rating on (BK) stock is a Hold with a $85.00 price target. To see the full list of analyst forecasts on Bank of New York Mellon Corporation stock, see the BK Stock Forecast page.
Spark’s Take on BK Stock
According to Spark, TipRanks’ AI Analyst, BK is a Outperform.
BNY Mellon scores well due to robust financial performance and strategic initiatives that enhance operational efficiency and client engagement. The stock’s fair valuation and attractive dividend yield add to its appeal, though technical indicators suggest caution for potential short-term fluctuations. Overall, BNY Mellon is well-positioned for continued growth, but careful liquidity management remains essential.
To see Spark’s full report on BK stock, click here.
More about Bank of New York Mellon Corporation
The Bank of New York Mellon Corporation operates in the financial services industry, primarily offering investment management and investment services. It focuses on providing financial services for institutions, corporations, and high-net-worth individuals globally.
Average Trading Volume: 4,274,248
Technical Sentiment Signal: Buy
Current Market Cap: $65.23B
For a thorough assessment of BK stock, go to TipRanks’ Stock Analysis page.