The Bank of New York Mellon Corporation (BK) is gearing up to report fourth-quarter earnings before the market opens on Tuesday, January 13, 2025, and Wall Street is anticipating solid growth.
Analysts are forecasting quarterly earnings of $1.98 per share for the New York-based banking giant, marking a 15% increase from the $1.72 per share reported in the same period last year. Revenue expectations are equally optimistic, with the consensus estimate sitting at $5.14 billion compared to $4.85 billion a year earlier, according to data from Benzinga Pro.
The earnings anticipation comes as Bank of New York Mellon continues to invest in technology infrastructure. On December 8, the bank announced a collaboration with Google Cloud to advance its Eliza AI platform using Gemini Enterprise, signaling its commitment to modernizing its financial services offerings.
Shares of BK closed at $120.45 on Wednesday, down 0.7% for the session.
What the Most Accurate Analysts Are Saying
Leading up to the earnings release, several highly-rated analysts have adjusted their outlooks on the stock, with most expressing increased confidence:
TD Cowen analyst Steven Alexopoulos maintained a Buy rating while raising his price target from $133 to $145 on January 7, 2026. Alexopoulos has demonstrated a 69% accuracy rate in his predictions.
Truist Securities analyst David Smith upgraded Bank of New York Mellon from Hold to Buy and lifted his price target from $119 to $134 on January 7, 2026. Smith boasts a 79% accuracy rate, making him one of the more reliable voices covering the stock.
Barclays analyst Jason Goldberg maintained an Overweight rating and increased his price target from $120 to $143 on January 5, 2026. Goldberg's accuracy rate stands at 61%.
Morgan Stanley analyst Betsy Graseck kept her Overweight rating while boosting the price target from $118 to $124 on December 17, 2025. Graseck has achieved a 62% accuracy rate.
Wells Fargo analyst Mike Mayo maintained an Equal-Weight rating and raised his price target from $100 to $109 on October 17, 2025. Mayo's track record shows a 73% accuracy rate.
The clustering of upgrades and raised price targets suggests growing analyst confidence in Bank of New York Mellon's performance heading into the earnings announcement, with price targets now spanning from $109 to $145 per share.