FY2026 Earnings Estimate for BNY Issued By Erste Group Bank

Bank of New York Mellon Corporation (NYSE:BNY) – Erste Group Bank lifted their FY2026 EPS estimates for Bank of New York Mellon in a research report issued to clients and investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now anticipates that the bank will earn $9.26 per share for the year, up from their previous estimate of $9.24. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $9.28 per share.

Several other equities analysts have also recently issued reports on BNY. Weiss Ratings cut Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a report on Thursday, August 13th. JPMorgan Chase & Co. boosted their target price on Bank of New York Mellon from $159.00 to $161.00 and gave the stock an “overweight” rating in a research report on Friday, October 2nd. Zacks Research lowered Bank of New York Mellon from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Wells Fargo & Company upped their target price on Bank of New York Mellon from $152.00 to $162.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Finally, Bank of America raised their price target on Bank of New York Mellon from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.38.

Bank of New York Mellon Price Performance

Shares of NYSE:BNY opened at $137.67 on Tuesday. The business’s 50 day simple moving average is $155.31 and its 200-day simple moving average is $146.19. The firm has a market capitalization of $93.41 billion, a price-to-earnings ratio of 16.03, a price-to-earnings-growth ratio of 1.10 and a beta of 1.06. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.72 and a quick ratio of 0.72. Bank of New York Mellon has a 12 month low of $103.11 and a 12 month high of $165.84.

Bank of New York Mellon (NYSE:BNY) last issued its earnings results on Wednesday, July 15th. The bank reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.30. Bank of New York Mellon had a net margin of 15.52% and a return on equity of 16.00%. The company had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same period last year, the company posted $1.93 earnings per share. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year.

Institutional Investors Weigh In On Bank of New York Mellon

A number of institutional investors and hedge funds have recently bought and sold shares of BNY. Focus Partners Advisor Solutions LLC acquired a new position in Bank of New York Mellon in the 2nd quarter valued at about $1,128,000. Northwestern Mutual Wealth Management Co. purchased a new position in Bank of New York Mellon in the 2nd quarter valued at about $13,234,000. Engineers Gate Manager LP acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter worth about $1,264,000. Corient Private Wealth LP acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter worth about $48,434,000. Finally, HB Wealth Management LLC acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter worth about $6,238,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Insider Transactions at Bank of New York Mellon

In other Bank of New York Mellon news, VP Jose Minaya sold 3,520 shares of the company’s stock in a transaction dated Monday, September 28th. The shares were sold at an average price of $148.79, for a total value of $523,740.80. Following the sale, the vice president owned 176,824 shares of the company’s stock, valued at $26,309,642.96. This represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Dermot Mcdonogh sold 31,800 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total transaction of $4,937,268.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 38,840 shares of company stock valued at $6,033,502. 0.17% of the stock is currently owned by company insiders.

More Bank of New York Mellon News

Here are the key news stories impacting Bank of New York Mellon this week:

• Positive Sentiment: BNY completed its first tokenized U.S. Treasury triparty repo workflow with Citadel Securities in minutes. The transaction highlights BNY’s ability to provide faster, blockchain-enabled collateral and financing infrastructure, potentially strengthening its position in digital asset servicing and institutional markets. BNY Completes First Tokenized Treasury Repo with Citadel Securities in Minutes
• Positive Sentiment: Analysts now rate BNY “Moderate Buy”, indicating that Wall Street’s overall view remains favorable. Bank of New York Mellon Corporation Stock Now Rated Moderate Buy
• Positive Sentiment: TD Cowen set a $160 price target, implying analysts see potential upside from recent trading levels. Erste Group Bank also raised its FY2026 EPS forecast slightly to $9.26 and maintained a “Buy” rating; the estimate is close to the $9.28 consensus. TD Cowen Sets $160 Target Erste Group Bank EPS Estimate Update
• Neutral Sentiment: Reports highlighted that BNY faces an upcoming earnings test. The bank’s prior quarter was strong, with revenue up 13.3% year over year and EPS exceeding estimates, but investors will look for continued growth to support the valuation. BNY Mellon Faces Earnings Test
• Neutral Sentiment: Separate reports noted BNY Mellon’s after-hours trading level and its tokenized Treasury initiatives with Citadel Securities, but provided limited new information on near-term earnings or revenue. Citadel Securities and BNY Tokenized Treasury Initiatives

Bank of New York Mellon Company Profile

BNY, formerly known as BNY Mellon, is a global financial services company headquartered in New York City. Formed in 2007 through the merger of the Bank of New York and Mellon Financial Corporation, BNY traces its roots back to 1784, making it one of the oldest banking institutions in the United States. It was also the first company listed on the New York Stock Exchange.

BNY operates at the center of the world’s capital markets, partnering with clients to help them operate more efficiently and accelerate growth.