Top Analysts Raise Forecasts Before Bank of New York Mellon’s Jan. 13 Q4 Earnings Release

BKBK

Bank of New York Mellon will report Q4 2024 results before market open on January 13, 2025. Top-ranked analysts have raised their earnings estimates in anticipation of stronger-than-expected results.

1. Bank of New York Mellon Poised for Q4 Earnings Upside

The Bank of New York Mellon Corporation is scheduled to report its Q4 2024 results before markets open on January 13, 2025. Based on consensus estimates compiled by leading research firms, analysts project adjusted earnings per share of $1.22, representing a 10% year-over-year increase, driven by higher net interest revenue and a 4% rise in fee income. Revenue is expected to total $4.7 billion, up 3% from the prior year, supported by growth in asset servicing and wealth management divisions. Investors will focus on the firm’s efficiency ratio, forecast to improve by 150 basis points to 58%, reflecting disciplined cost management and technology investments.

2. Analysts Revise Forecasts and Highlight Key Operational Metrics

A review of the five most accurate analysts covering BK over the past 12 months shows average upward revisions to Q4 EPS estimates of 5 cents since mid-December. These analysts also raised their full-year 2025 EPS outlook to $4.90, up from $4.75 previously. On the balance sheet front, estimates for assets under custody and administration (AUC/A) were nudged higher to $43.2 trillion, reflecting a 2% sequential increase, while projected net interest margin expanded by 4 basis points to 1.15%. Equity analysts note that treasury services volumes remain robust, with average daily ACH transactions rising 7% year over year, underscoring stable client activity through the period.

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