Goldman upgraded BNY Mellon from Neutral to Buy and set a new price target of $59.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/3/2025 | Outperform → Peer Perform | Wolfe Research | |
| 12/9/2024 | $82.00 → $94.00 | Equal-Weight → Overweight | Morgan Stanley |
| 9/23/2024 | $66.00 → $80.00 | Hold → Buy | Deutsche Bank |
| 7/15/2024 | $65.00 | Buy → Neutral | Citigroup |
| 6/27/2024 | $60.00 → $70.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 1/30/2024 | $52.00 → $62.00 | Underweight → Equal-Weight | Morgan Stanley |
| 12/18/2023 | $54.50 | Neutral → Overweight | JP Morgan |
| 1/12/2023 | $56.00 | Buy | BofA Securities |
NEW YORK, March 17, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced that it will redeem all of the issued and outstanding Floating Rate Senior Notes due April 25, 2025 (CUSIP 06406RBE6) (the "Notes"). The Notes have an aggregate principal amount of $400,000,000. The redemption date for the Notes is March 25, 2025 (the "Redemption Date"). The redemption price for the Notes will equal 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Price"). On and after the Redemption Date, the Notes will no longer be deemed outstan
Strategic investment builds on long-standing collaboration between the two organizations NEW YORK, March 13, 2025 /PRNewswire/ -- EquiLend, the global leader in technology, data and analytics solutions for the securities finance industry, today announced a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY) (NYSE:BK). BNY's investment represents a significant commitment to EquiLend and its suite of technology solutions. BNY, alongside eight additional major financial institutions with strategic investments in EquiLend, will advise the company
NEW YORK, March 7, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced that it priced an underwritten public offering of 20,000,000 depositary shares, each representing a 1/4,000th interest in a share of its Series K Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $25 per depositary share), at a public offering price of $25 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series K preferred stock (equivalent to $25 per depositary share) at a rate per annum e
The Board of Directors of BNY Mellon Municipal Income, Inc. (the "Fund"), a registered closed-end fund, approved the reorganization of the Fund with and into BNY Mellon AMT-Free Municipal Bond Fund (the "Acquiring Fund"), a series of BNY Mellon Municipal Funds, Inc., a registered open-end fund. The proposed reorganization of the Fund is subject to certain conditions, including approval by the Fund's stockholders at a special meeting of stockholders scheduled to be held on or about June 2, 2025. Stockholders of record as of the close of business on April 9, 2025 will be entitled to receive notice of and to vote at the special meeting of stockholders. At the June 2024 Annual Stockholders Mee
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) today announced a distribution of $0.0300 per share of common stock, payable on April 1, 2025 to shareholders of record at the close of business on March 18, 2025. The ex-dividend date is March 18, 2025. The previous distribution announced in February was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain a stable level of distributions, the Fund may pay out less than all of its net investment income or, in addition to paying out current net investment income, the Fund may pay out accumulat
On February 27, 2025, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on April 1, 2025, to shareholders of record at the close of business on March 13, 2025. The ex-dividend date is March 13, 2025. The previous distributions declared in December were a quarterly distribution of $2.00 per share of common stock and a special year-end distribution of $5.85 per share of common stock. The Fund intends to distribute all or a portion of its net investment income to common shareholders on a quarterly basis. To permit the Fund to maintain a more stable quarterly distribution, the Fund may from time to t
4 - Bank of New York Mellon Corp (0001390777) (Issuer)
4 - Bank of New York Mellon Corp (0001390777) (Issuer)
4 - Bank of New York Mellon Corp (0001390777) (Issuer)
Cantilever Group, an independent investment firm focused on middle-market GP stakes, is pleased to announce the appointment of Liz Robinson to its Advisory Board. Ms. Robinson brings a wealth of experience from her distinguished 26-year career at Goldman Sachs. During her tenure, she held a number of roles, including Global Treasurer and Partner, where she was responsible for managing the firm's liquidity risk, balance sheet and capital. Ms. Robinson also co-chaired the Finance Committee and the Firmwide Capital Committee. Beyond her achievements at Goldman Sachs, Ms. Robinson has a strong record of board leadership. She currently serves on the boards of The Bank of New York Mellon Corpor
NEW YORK, Jan. 30, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced the appointment of Carolyn Weinberg as its Chief Solutions Innovation Officer. Ms. Weinberg will join the company on February 3 and be a member of the BNY Executive Committee. "I am delighted to welcome Carolyn to BNY," said Robin Vince, Chief Executive Officer. "Fostering BNY's culture of innovation and curiosity is essential, and Carolyn's breadth of experience in product innovation, development and commercialization will enhance our ability to quickly grasp and cater to the biggest trends in capital markets." "Finding new ways to lever
NEW YORK, Dec. 5, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced the appointment of Rajashree Datta as Deputy Chief Risk Officer. Ms. Datta will join the company on December 15 and be a member of BNY's Executive Committee. She will succeed Senthil Kumar as BNY's Chief Risk Officer in 2025 following a transition. "I am delighted to welcome Rajashree to BNY," said Robin Vince, President and Chief Executive Officer. "Risk Management is an imperative for any company, especially BNY − which sits at the center of the financial system − and Rajashree's expertise in developing strong risk frameworks will help us c
CERT - Bank of New York Mellon Corp (0001390777) (Filer)
8-A12B - Bank of New York Mellon Corp (0001390777) (Filer)
8-K - Bank of New York Mellon Corp (0001390777) (Filer)
Wolfe Research downgraded BNY Mellon from Outperform to Peer Perform
Morgan Stanley upgraded BNY Mellon from Equal-Weight to Overweight and set a new price target of $94.00 from $82.00 previously
Deutsche Bank upgraded BNY Mellon from Hold to Buy and set a new price target of $80.00 from $66.00 previously
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Subject)
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)