BNY Mellon Awaits Q1 2025 Earnings Amid Strong Growth

With a market capitalization of $60.1 billion, The Bank of New York Mellon Corporation (BK) operates as a key player in financial services. The company supports institutions, corporations, government agencies, endowments, foundations, and high-net-worth individuals. As a comprehensive service provider, BNY Mellon acts as a single point of contact for clients around the globe. Scheduled for release on Friday, April 11, the New York-based firm is set to report its fiscal Q1 2025 earnings results before the market opens.

Analysts Predict Positive Earnings Growth

In anticipation of the upcoming earnings report, analysts estimate BNY Mellon will post an adjusted EPS of $1.50, marking a 16.3% increase from $1.29 in the same quarter last year. Historically, BNY Mellon has maintained a strong performance by consistently exceeding Wall Street’s expectations, surpassing the consensus adjusted EPS estimate by 10.3% in Q4 2024.

Fiscal 2025 Adjusted Earnings Forecast

For the entire fiscal 2025, analysts are predicting BNY Mellon will achieve an adjusted EPS of $6.96, reflecting a 15.4% increase compared to $6.03 in fiscal 2024.

Stock Performance and Market Comparison

In the last year, BNY Mellon shares have surged 47.6%, outperforming the broader S&P 500 Index, which gained 8.9%, and the Financial Select Sector SPDR Fund’s 20.4% return during the same period.

Recent Earnings Report and Market Response

After reporting impressive Q4 2024 results on January 15, BNY Mellon’s shares jumped over 8%. The adjusted EPS rose 33.3% year-over-year to $1.72, and total revenue increased 11.2% to $4.8 billion, exceeding consensus estimates. Fee revenue climbed 9.3% to $3.5 billion, driven by increased assets under management (AUM) and assets under custody (AUC). Moreover, net interest income grew 8.4% to $1.2 billion, while non-interest expenses declined by 16%, enhancing overall profitability.

Analysts’ Perspectives on BNY Mellon Stock

The consensus among analysts regarding Bank of New York Mellon Stock is cautiously optimistic, with a “Moderate Buy” rating overall. Out of 17 analysts covering the Stock, 10 recommend a “Strong Buy,” two advise a “Moderate Buy,” and five suggest a “Hold.” Currently, BK is trading below the average analyst price target of $93.81.

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.

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