The Bank of New York Mellon CorNYSE: BK

No material news in the last 48 hours.

No material news in the last 48 hours.

No material news in the last 48 hours.

Effective May 21, 2026, BNY's common stock begins trading on the NYSE under the new ticker symbol BNY, transitioning from the legacy BK ticker. The change aligns the company's market identity with its brand and strategic direction. Shareholder rights, holdings, and existing stock certificates remain valid with no action required. The change comes after strong Q1 results with $5.41B revenue and EPS of $2.25 that beat expectations. JPMorgan recently raised its price target from $130.50 to $140 with an Overweight rating. The company is also enhancing digital efficiency through a partnership with Snapdocs for automated mortgage solutions.

BNY to change NYSE ticker symbol from BK to BNYstocktitan.netBNY Changes Ticker Symbol from BK to BNYgurufocus.comBNY Announces Ticker Change from BK to BNY Effective May 21, 2026gurufocus.com

Bank of New York Mellon will officially change its NYSE ticker symbol from BK to BNY on May 21, 2026 to align with its rebrand and strategic direction. The stock is trading near 52-week highs around $132-$137 on May 18, with the ex-dividend date hit the same day. JPMorgan raised its price target from $130.50 to $140 and kept an Overweight rating, citing strong Q1 momentum (EPS $2.25 vs. $1.94 expected; revenue $5.41B). The company is also pushing into digital efficiency via a Snapdocs partnership for mortgage automation and expanding into crypto custody. Shares have gained roughly 52.6% over the past 12 months.

BNY to change NYSE ticker symbol from BK to BNYstocktitan.netBNY Changes Ticker Symbol from BK to BNYgurufocus.comThe Bank of New York Mellon Corporation (BK) Latest Press Releases & Corporate Newsfinance.yahoo.com

BNY confirmed it will transition its NYSE ticker symbol from BK to BNY effective May 21, 2026, aligning its market identity with its rebranded corporate name and strategic focus on platform-driven custody, crypto custody and AI investments. JPMorgan lifted its price target on the bank from $130.50 to $140 with an Overweight rating on May 11, reflecting confidence in continued fee growth after a Q1 print that delivered 14% adjusted revenue growth and a 29% return on tangible common equity. The bank is also expanding its digital footprint via a partnership with Snapdocs to automate mortgage collateral delivery. Why it matters: a higher Street price target, the symbolic rebrand and strong ROTCE underscore BNY's pivot from a sleepy custodian to a higher-growth platform business, and the consensus Street price now skews bullish. The bear case: the ticker change is cosmetic and underlying custody fees remain rate-sensitive; if the Fed begins cutting, NII tailwinds reverse, and crypto-custody growth remains small relative to the core book.

BNY Announces Ticker Change from BK to BNY Effective May 21, 2026gurufocus.comBNY Announces Planned Change of Stock Ticker Symbol to BNYbarchart.comBank of New York Mellon Corp - Form 8-K Q1 Earnings Releasesec.gov

On May 11, 2026, Bank of New York Mellon announced it will change its NYSE ticker symbol from BK to BNY effective May 21, 2026 — only the symbol changes; legal name, capital structure, and listing remain unchanged. The rebrand aligns market identity with the BNY brand and strategic direction. Separately, BK agreed to partner with Finstreet Limited and ADI Foundation to offer Bitcoin and Ethereum custody services in the UAE, deepening its digital-asset franchise. Q1 2026 results showed 14% adjusted revenue growth and 29% return on tangible common equity ($5.41B revenue, $2.25 EPS vs $1.94 est). JP Morgan kept Overweight and raised PT to $140 from $130.50 on May 11. Shares traded $131.93-$137.61 mid-May (~$135.02) and are up 52.6% over 12 months. Bear case: ticker change creates short-term tracking friction for passive funds; crypto custody adds regulatory tail risk.

BNY to change NYSE ticker symbol from BK to BNYstocktitan.netBK Maintained by JP Morgan -- Price Target Raised to $140gurufocus.comA Look At Bank of New York Mellon Corporation's Valuation After New UAE Crypto Custody Partnershipsimplywall.st

Bank of New York Mellon announced on May 11, 2026 that its common stock will begin trading under the new ticker BNY (from BK) on the NYSE effective May 21, 2026, aligning market identity with brand and strategy. The company is expanding into the UAE through a partnership with Finstreet Limited and the ADI Foundation to offer Bitcoin and Ethereum custody, with plans to broaden into stablecoins and tokenized real-world assets. BNY oversees $59.4 trillion in AUC/A and $2.1T AUM as of March 31. Q1 2026 EPS of $2.25 beat the $1.93 forecast on revenue of $5.41B versus $5.17B est. Shares have returned ~55% over the past year.

BNY Announces Planned Change of Stock Ticker Symbol to BNYprnewswire.comHow BNY's UAE Crypto Custody Expansion Has Changed Its Investment Storysimplywall.stBNY to change stock ticker symbol from BK to BNY on May 21investing.com

BNY announced on May 11 that its NYSE ticker will change from BK to BNY effective May 21, 2026, aligning market identity with its rebranding strategy. The legal name and capital structure are unchanged. JP Morgan maintained an Overweight rating on the same day and raised its price target from $130.50 to $140.00, a 7.28% increase. BNY oversees $59.4 trillion in assets under custody and administration plus $2.1 trillion under management as of Q1, and the stock has gained 52.6% over the past 12 months after Q1 EPS of $2.25 beat the $1.93 consensus on $5.41B revenue. The bear case is limited near-term but watch for execution risk on the symbol transition and any disruption to index/ETF holdings during the change.

BNY Announces Planned Change of Stock Ticker Symbol to BNYstocktitan.netBK Maintained by JP Morgan -- Price Target Raised to $140gurufocus.comBNY to change stock ticker symbol from BK to BNYinvesting.com

BNY announced its common stock will move from ticker BK to BNY on the NYSE effective May 21, 2026. The US Treasury designated BNY as a financial agent of the US government to support implementation of the new Trump Accounts program, with BNY managing initial accounts and developing the Trump Accounts app in partnership with Robinhood, which will serve as brokerage and initial trustee. BNY also agreed to work with Finstreet and ADI Foundation to offer Bitcoin and Ethereum custody services in the UAE. Stock trades at $134.52 with a $91.59B market cap; Truist raised its target to $148 (Buy) after the Q1 earnings beat on stronger investment services fees, and Barclays kept Buy as of May 4. Average analyst target is $135.55.

BNY Announces Planned Change of Stock Ticker Symbol to BNYprnewswire.comTreasury Department Designates BNY as Financial Agent for Trump Accounts Programhome.treasury.govBNY Mellon Stock: Is BK Outperforming the Financial Sector?finance.yahoo.com

On May 11, 2026 BNY announced its NYSE ticker for common stock will change from "BK" to "BNY" effective May 21, with Series A and K preferred symbols also rebranding (BK/P to BNY/P; BK PRK to BNY PRK). The change aligns the market identity with the BNY brand and strategic direction. Same day, JP Morgan maintained Overweight and raised the price target from $130.50 to $140. Q1 2026 results posted EPS of $2.25 (vs $1.93 estimate) and revenue of $5.41B (vs $5.17B). Shares are up 55.7% over the past year. The company has been increasing its stake in MicroStrategy and plans to launch crypto custody services in the UAE. Risk: rate-sensitivity on net interest revenue and crypto custody execution.

BNY Announces Planned Change of Stock Ticker Symbol to BNYprnewswire.comBK Maintained by JP Morgan -- Price Target Raised to $140gurufocus.comBNY Changes Ticker Symbol from BK to BNYgurufocus.com

In early May 2026, Bank of New York Mellon partnered with Finstreet Limited and ADI Foundation to offer Bitcoin and Ethereum custody services in the UAE, with plans to expand into regulated stablecoins and tokenized real-world assets over time. The move broadens BNY's institutional digital asset platform into a major Middle East financial hub. Shares are up roughly 55.7% over the past year and 11.7% YTD, supported by 14% Q1 adjusted revenue growth and a 29% return on tangible common equity. Barclays reaffirmed a Buy rating. Risk: Crypto custody expansion brings regulatory complexity and the rally has stretched valuations after the strong run.

How BNY's UAE Crypto Custody Expansion At Bank of New York Mellon (BK) Has Changed Its Investment Storysimplywall.stIs It Too Late To Consider Bank of New York Mellon Corporation (BK) After Its Strong Rallyfinance.yahoo.comBNY $BK Shares Bought by International Assets Investment Management LLCmarketbeat.com

BNY Mellon announced redemption of callable senior bank notes due 2027 in April 2026. Company expanded crypto services in UAE and reported strong Q1 earnings with 13% revenue growth. U.S. Treasury selected BNY as financial agent for Trump Accounts, government's investment savings initiative for children. Stock at $130.69 with 52-week range $82.91-$139.15. Multiple analysts raised price targets. Barclays maintains Buy; Robinhood partnership on Trump Accounts app development noted.

The Bank of New York Mellon Corporation (BK) Stock Price, News, Quote & Historyfinance.yahoo.comBNY Announces Redemption of Callable Senior Bank Notes Due 2027prnewswire.comBank of New York Mellon Corp/The - Company Profile and Newsbloomberg.com