Bank of New York Mellon (NYSE:BNY) Announces Quarterly Earnings Results

Bank of New York Mellon (NYSE:BNY) announced its quarterly earnings results on Thursday. The bank reported $2.37 EPS for the quarter, FiscalAI reports. Bank of New York Mellon had a net margin of 15.52% and a return on equity of 16.00%. The firm had revenue of $5.68 billion for the quarter.

Bank of New York Mellon Stock Down 2.4%

Bank of New York Mellon stock opened at $137.67 on Thursday. Bank of New York Mellon has a twelve month low of $103.11 and a twelve month high of $165.84. The stock has a 50 day moving average of $155.31 and a two-hundred day moving average of $146.19. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $93.41 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 1.10 and a beta of 1.06.

Analysts Set New Price Targets

Several equities analysts have issued reports on BNY shares. TD Cowen began coverage on shares of Bank of New York Mellon in a research note on Thursday, October 8th. They issued a “hold” rating and a $160.00 price objective for the company. Truist Financial cut their target price on Bank of New York Mellon from $178.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, September 25th. JPMorgan Chase & Co. lifted 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. Keefe, Bruyette & Woods boosted their target price on Bank of New York Mellon from $166.00 to $177.00 and gave the company an “outperform” rating in a report on Thursday, July 16th. Finally, 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 research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $162.38.

Insider Activity at Bank of New York Mellon

In related news, VP Jose Minaya sold 3,520 shares of the stock in a transaction on Monday, September 28th. The stock was sold at an average price of $148.79, for a total transaction of $523,740.80. Following the completion of the sale, the vice president directly owned 176,824 shares of the company’s stock, valued at $26,309,642.96. This trade 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 available through this link. Also, CFO Dermot Mcdonogh sold 31,800 shares of Bank of New York Mellon stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total transaction of $4,937,268.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 38,840 shares of company stock worth $6,033,502 over the last quarter. Company insiders own 0.17% of the company’s stock.

Institutional Trading of Bank of New York Mellon

Several hedge funds and other institutional investors have recently made changes to their positions in BNY. Luken Investment Analytics LLC purchased a new position in Bank of New York Mellon during the 2nd quarter valued at about $27,000. Burnham & Co LLC purchased a new position in shares of Bank of New York Mellon during the 2nd quarter worth approximately $29,000. EFG International AG purchased a new position in shares of Bank of New York Mellon during the 2nd quarter worth approximately $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of Bank of New York Mellon during the 2nd quarter worth approximately $32,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of Bank of New York Mellon during the 2nd quarter worth approximately $35,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.

More Bank of New York Mellon News

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

• Positive Sentiment: Quarterly earnings beat expectations: BNY reported third-quarter net income attributable to shareholders of $1.61 billion, or $2.34 per share, compared with $1.34 billion, or $1.88 per share, a year earlier. Another reported figure showed adjusted EPS of $2.37 and revenue of $5.68 billion, supporting the view that profitability and operating performance remain strong. Bank of New York Mellon Logs Higher Profit, Sales BNY Q3 earnings beat, driven by fee revenue growth, solid NII
• Positive Sentiment: Fee revenue was a key growth driver: Fee revenue increased approximately 12%, while net interest income remained solid. The result marked BNY’s fourth consecutive quarterly earnings beat, reinforcing the investment case for its asset-servicing and financial-services businesses. BNY Mellon Q3 2026: Four Straight Beats as Fee Revenue Jumps 12%
• Positive Sentiment: Dividend maintained: BNY declared a quarterly common-stock dividend of $0.63 per share, payable November 9 to eligible shareholders. The announcement supports income appeal and signals continued capital-return capacity. BNY Declares Dividends
• Positive Sentiment: Tokenization initiative advances: BNY completed a tokenized U.S. Treasury triparty-repo workflow with Citadel Securities in minutes, potentially strengthening its role in digital collateral and institutional market infrastructure. BNY Completes Tokenized U.S. Treasury Triparty Repo Workflow with Citadel Securities
• Neutral Sentiment: BNY’s chief executive said current 10-year Treasury yield levels are not unprecedented, offering context for interest-rate-sensitive investors but no clear near-term earnings catalyst. US 10-year Treasury yield levels not unprecedented, BNY CEO says
• Neutral Sentiment: Analyst sentiment remains constructive, with Wall Street carrying a “Moderate Buy” view and TD Cowen setting a $160 price target, although the stock’s reaction suggests results may already have been largely anticipated. BNY Stock Rated Moderate Buy

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.