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BNY ( (BK) ) just unveiled an announcement.
On September 3, 2025, The Bank of New York Mellon Corporation announced a proposed public offering of depositary shares, each representing a 1/100th interest in a share of its new Series L Noncumulative Perpetual Preferred Stock. The proceeds from this offering are intended for general corporate purposes, including the potential redemption of its Series H and Series G Noncumulative Perpetual Preferred Stock, subject to market conditions. The offering’s pricing and the decision to redeem these stocks are not guaranteed and will depend on future market conditions.
The most recent analyst rating on (BK) stock is a Buy with a $116.00 price target. To see the full list of analyst forecasts on BNY stock, see the BK Stock Forecast page.
Spark’s Take on BK Stock
According to Spark, TipRanks’ AI Analyst, BK is a Outperform.
The Bank of New York Mellon Corporation’s stock score is driven by its strong financial performance and positive earnings call, showcasing robust revenue growth and strategic advancements. The technical analysis supports a bullish outlook, while the valuation indicates fair pricing. Challenges in the Investment Management segment are noted but do not significantly detract from the overall positive assessment.
To see Spark’s full report on BK stock, click here.
More about BNY
The Bank of New York Mellon Corporation operates in the financial services industry, offering a range of investment management and investment services. The company focuses on providing financial products and services to institutions, corporations, and individual investors worldwide.
Average Trading Volume: 3,935,697
Technical Sentiment Signal: Buy
Current Market Cap: $74.47B
See more insights into BK stock on TipRanks’ Stock Analysis page.