Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
BNY ( (BK) ) has shared an update.
On September 23, 2025, BNY Mellon filed a Certificate of Elimination with the Delaware Secretary of State, effectively removing all matters related to its Series G Noncumulative Perpetual Preferred Stock from its Restated Certificate of Incorporation. This follows the redemption of all outstanding shares of the Series G Preferred Stock on September 20, 2025, indicating a strategic move in the company’s capital management.
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 investment management and investment services globally.
Average Trading Volume: 3,766,080
Technical Sentiment Signal: Buy
Current Market Cap: $77.2B
Learn more about BK stock on TipRanks’ Stock Analysis page.