High Rates to Support BNY Mellon's (BK) Top Line Amid Cost Woes
BKThe Bank of New York Mellon(BK) ZACKS·2024-06-21 00:15

The Bank of New York Mellon Corporation’s (BK) global expansion efforts, robust assets under management balance and solid balance sheet are expected to keep aiding the top line. The company’s business transformation plan will likely bolster market share.Analysts seem optimistic regarding BK’s earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for BNY Mellon’s current-year earnings has been revised marginally higher.In the past three months, BK shares have gained 2.4% compared wit ...