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An announcement from BNY ( (BK) ) is now available.
On September 10, 2025, The Bank of New York Mellon Corporation issued Series L Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share. The issuance imposes restrictions on the company’s ability to declare or pay dividends on its common stock if dividends on the Series L Preferred Stock are not declared and paid. The company also entered into an underwriting agreement on September 3, 2025, with several financial institutions for a public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of the Series L Preferred Stock. This move is part of their strategic financial operations, potentially impacting their market positioning and stakeholder relations.
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
The Bank of New York Mellon Corporation operates in the financial services industry, offering a range of banking and investment services. It focuses on providing asset management, wealth management, and investment services to a global clientele.
Average Trading Volume: 3,928,199
Technical Sentiment Signal: Buy
Current Market Cap: $73.36B
See more data about BK stock on TipRanks’ Stock Analysis page.