BK Stock Recent News

NEW YORK , Jan. 15, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common – a quarterly common stock dividend of $0.47 per share, payable on February 7, 2025 to shareholders of record as of the close of business on January 27, 2025. Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in March 2025, in each case payable on March 20, 2025 to holders of record as of the close of business on March 5, 2025: $1,295.17 per share on the Series A Preferred Stock (equivalent to $12.951675 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock); $2,312.50 per share on the Series F Preferred Stock (equivalent to $23.125000 per

NEW YORK , Jan. 15, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the fourth quarter 2024. The company's earnings release along with the quarterly update presentation and other earnings-related documents are available at www.bny.com/investorrelations.

BK's fee income is likely to support fourth-quarter 2024 results. Relatively lower rates are likely to have negatively impacted net interest income.

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced that the Fund's Board of Directors has approved the Fund's quarterly tender offer (the "Tender Offer") with the following terms: Number of Shares 2.5% of the Fund's outstanding shares as of December 31, 2024 Commencement Date January 17, 2025 Expiration Date and Time February 18, 2025 at 5:00 p.m. Eastern Time, unless otherwise extended Price Net asset value per share determined a.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for The Bank of New York Mellon (BK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.

The Bank of New York Mellon (BK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Bank of New York Mellon Corporation BK will release earnings results for its fourth quarter, before the opening bell on Wednesday, Jan. 15, 2025.

High funding costs and poor asset quality will hurt the Zacks Major Regional Banks. Yet, interest rate cuts, decent loan demand, solid economic growth and business restructuring will likely aid industry players like USB, TFC, BK and NTRS.

The Bank of New York Mellon (BK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The Bank Of New York Mellon Corporation BK posted better-than-expected third-quarter results on Friday.