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BNY ( (BK) ) just unveiled an announcement.
On September 11, 2025, The Bank of New York Mellon Corporation announced its plan to redeem 10,000 shares of its Series G Noncumulative Perpetual Preferred Stock and all corresponding depositary shares on September 20, 2025. This redemption will result in the shares no longer being outstanding and dividends will cease to accrue after the redemption date. The redemption price is set at $1,000 per depositary share, and the payment will be made on September 22, 2025. This move reflects BNY‘s ongoing financial management strategy and may impact stakeholders holding these shares.
The most recent analyst rating on (BK) stock is a Buy with a $104.00 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
BNY is a global financial services company that manages, moves, and safeguards money for clients worldwide. With over 240 years of experience, BNY partners with clients, including over 90% of Fortune 100 companies and nearly all top 100 banks globally, to help them achieve their financial goals. As of June 30, 2025, BNY oversees $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management. Headquartered in New York City, BNY is recognized among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators.
Average Trading Volume: 3,922,877
Technical Sentiment Signal: Buy
Current Market Cap: $73.35B
Learn more about BK stock on TipRanks’ Stock Analysis page.