Bank of New York Mellon Issues New Senior Notes

An announcement from Bank of New York Mellon ( (BK) ) is now available.

On April 23, 2026, Bank of New York Mellon raised $1.5 billion through the issuance of two tranches of callable senior medium-term notes under its Series J program, consisting of $750 million of 4.540% fixed-to-floating notes due 2032 and $750 million of 5.085% fixed-to-floating notes due 2037. The transaction, issued off an existing shelf registration, enhances the bank’s funding profile and provides additional capital markets flexibility to support its ongoing operations and long-term financing strategy.

The most recent analyst rating on (BK) stock is a Buy with a $147.00 price target. To see the full list of analyst forecasts on Bank of New York Mellon stock, see the BK Stock Forecast page.

Spark’s Take on BK Stock

According to Spark, TipRanks’ AI Analyst, BK is a Outperform.

The score is driven primarily by improved underlying financial performance and a constructive earnings update with raised 2026 outlook and a sizable buyback authorization. Technicals also support the stock with strong trend momentum, though overbought indicators add near-term risk. Valuation is reasonable on P/E but the low dividend yield and mixed implications of recent capital/financing actions temper the overall score.

To see Spark’s full report on BK stock, click here.

More about Bank of New York Mellon

The Bank of New York Mellon Corporation is a global financial services company that operates as a custodian bank and investment services provider, offering asset servicing, treasury services, and related financing to institutional and corporate clients worldwide. It focuses on supporting capital markets activity and balance sheet management for a broad base of financial and corporate stakeholders.

Average Trading Volume: 3,758,704

Technical Sentiment Signal: Buy

Current Market Cap: $94.67B

Find detailed analytics on BK stock on TipRanks’ Stock Analysis page.