The Bank of New York Mellon Corporation
NYSE: BK · FINANCIAL SERVICES · BANKS - DIVERSIFIED
Updated 2026-06-10
The Bank of New York Mellon Corporation (BK) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Management guidance
BNY Mellon management has not provided explicit multi-year revenue targets through 2030 in recent guidance. However, Q1 2026 earnings showed record revenue of $5.41B (12.88% YoY growth), with management emphasizing technology-led operating efficiency, AI adoption, and fee-based revenue resilience as core growth drivers through the decade. The company targets sustained mid-to-high single-digit revenue growth via asset servicing scale, digital asset expansion, and operating leverage.
BK · The Bank of New York Mellon Corporation · Revenue & price projection · 2023–2030E
BK financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $40.4B | $22.3B | $23.8B | $25.4B | $27.1B | $28.9B |
| Revenue growth | 2.2% | 10.9% | 6.7% | 6.7% | 6.7% | 6.6% |
| Net margin | — | 28.2% | 29.1% | 29.8% | 30.3% | 30.6% |
| EPS | $7.45 | $9.15 | $10.05 | $10.95 | $11.85 | $12.75 |
| Diluted shares | — | 688M | 689M | 691M | 692M | 693M |
| Net debt | — | $-159.65B | $-162.68B | $-165.91B | $-169.36B | $-173.04B |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $296.98 | $305.14 | $313.84 | $323.12 | $332.97 |
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $28.9B | $28.9B | $28.9B |
| P/S multiple | 1.0x | 2.0x | 5.0x |
| Diluted shares | 693M | 693M | 693M |
| Net debt | $-173.04B | $-173.04B | $-173.04B |
| Implied P/E † | 23x | 26x | 36x |
| 2030 Price | $291.28 | $332.97 | $458.03 |
| NPV @ 10% | $184.60 | $211.02 | $290.27 |
EV to per-share bridge · How we get to $332.97 base case
BK catalysts and risks
Methodology · The Bank of New York Mellon Corporation 2030 stock forecast model
The Bank of New York Mellon Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for BK by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-173.04B by 2030) |
| 3. Time value | NPV calculated using 10% WACC (CAPM: beta 1.068) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 5.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.