WallStSmart
BK

The Bank of New York Mellon Corporation

NYSE: BK · FINANCIAL SERVICES · BANKS - DIVERSIFIED

$15.01
+0.33% today

Updated 2026-06-10

Market cap
$92.65B
P/E ratio
16.75
P/S ratio
4.46x
EPS (TTM)
$8.06
Dividend yield
1.54%
52W range
$86 – $139
Volume
3.8M

The Bank of New York Mellon Corporation (BK) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Research-backed BK price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$15.01
Today
Analyst consensus
$142.64
+850.30% · 12M
2030 Base
$332.97
+2118.32% future
NPV today
$211.02
@ 10% WACC
19 analysts:
8 Buy6 Hold1 Sell

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.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

BK · The Bank of New York Mellon Corporation · Revenue & price projection · 2023–2030E

Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$291.28
NPV today: $184.60
Base case (2030)
$332.97
NPV today: $211.02
Bull case (2030)
$458.03
NPV today: $290.27
WallStSmart.com

BK financial forecast · Research-backed projections

Metric20252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$40.4B$22.3B$23.8B$25.4B$27.1B$28.9B
Revenue growth2.2%10.9%6.7%6.7%6.7%6.6%
Net margin28.2%29.1%29.8%30.3%30.6%
EPS$7.45$9.15$10.05$10.95$11.85$12.75
Diluted shares688M689M691M692M693M
Net debt$-159.65B$-162.68B$-165.91B$-169.36B$-173.04B
P/S multiple2.0x2.0x2.0x2.0x2.0x
Implied price (base)$296.98$305.14$313.84$323.12$332.97
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.

Scenario detail · Three drivers, three outcomes

2030E driverBearBaseBull
Revenue$28.9B$28.9B$28.9B
P/S multiple1.0x2.0x5.0x
Diluted shares693M693M693M
Net debt$-173.04B$-173.04B$-173.04B
Implied P/E 23x26x36x
2030 Price$291.28$332.97$458.03
NPV @ 10%$184.60$211.02$290.27
† Implied P/E: Multiples remain elevated across all three scenarios because BK is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.

EV to per-share bridge · How we get to $332.97 base case

Bridge from revenue to per-share price$28.9B revenue times 2.0x P/S equals $58B EV, minus $-173.04B net debt equals $231B equity, divided by 693M shares equals $332.97 per shareREVENUE$28.9B2030 base case× 2.0xP/S multipleENTERPRISE VALUE$58BTotal firm value$-173.04BNet debtEQUITY VALUE$231BOwners' claim÷ 693MDiluted shares2030 PRICE TARGET$332.97Base case · per shareRevenue × P/S − Net debt ÷ Diluted shares = Per-share priceBear case: $291.28 · Bull case: $458.03 · NPV @ 10% WACC: $211.02

BK catalysts and risks

Growth catalysts
+ Digital asset custody expansion (Bitcoin/Ethereum launches in UAE; crypto ETF ecosystem growth)
+ Snapdocs partnership for automated mortgage collateral infrastructure (operational efficiency & fee growth)
+ $10B share repurchase authorization (EPS accretion & capital return)
+ AI-driven operating efficiency gains in asset servicing and wealth management
+ Ticker symbol change from BK to BNY (brand alignment and investor recognition)
+ Global AUM and assets under administration growth from institutional client flows
Key risks
- Interest rate cuts reducing net interest margin and deposit beta advantage
- Competitive pressure from fintech and alternative asset servicing platforms
- Execution risk on AI and digital transformation initiatives
- Regulatory changes impacting custody, compliance, and capital requirements
- Macroeconomic slowdown reducing institutional trading and AUM growth
- Geopolitical risks affecting global custody and settlement operations

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 dilutionProjected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for BK by 2030)
2. Net debtEV minus net debt yields equity value; debt projected from capex cycle trajectory ($-173.04B by 2030)
3. Time valueNPV calculated using 10% WACC (CAPM: beta 1.068)
4. Multiple frameworkP/S compresses with scale: bear 1.0x / base 2.0x / bull 5.0x
5. Scenario designBull/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.

BK price target FAQ

What is the BK price target for 2030?

WallStSmart's The Bank of New York Mellon Corporation 2030 base case is $332.97 per share, with a bull case of $458.03 and bear case of $291.28. The NPV of the base case discounted to today at 10% WACC is $211.02.

How is the The Bank of New York Mellon Corporation 2030 stock forecast calculated?

The BK 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.

Why does the BK price target account for dilution?

The Bank of New York Mellon Corporation is projected to grow diluted share count from 686M to 693M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.

What is the analyst consensus on BK stock?

19 analysts cover BK with an average 12-month price target of $142.64. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.