5 Reasons to Add BNY Mellon (BK) Stock to Your Portfolio Now
BKThe Bank of New York Mellon(BK) ZACKS·2024-08-10 02:57

The Bank of New York Mellon Corporation (BK) stock looks like an attractive investment option now. The company’s global expansion efforts, robust assets under management (AUM) balance and a solid balance sheet are expected to aid revenues.Analysts seem optimistic regarding the company’s earnings growth prospects. Over the past 60 days, the Zacks Consensus Estimate for BK’s 2024 earnings has been revised 2.9% upward. Thus, BNY Mellon currently carries a Zacks Rank #2 (Buy).Looking at its price performance, B ...