Bank of New York Mellon (BNY) has been upgraded to a 'buy' rating following a recent stock pullback, offering about 10% upside potential including a secure 1.8% dividend yield. The bank reported strong Q3 results with 12% revenue growth, a 38.5% pre-tax margin, and effective cost control. Its fee-based businesses show significant operating leverage, and AI-driven risks are minimal due to stable noninterest-bearing deposits from institutional clients. BNY's valuation remains premium, supported by low credit risk and recurring fee revenue, with a price target of $155 based on a 15x multiple.
Following Bank of New York Mellon's recent upgrade to a 'buy' rating, the stock trades at USD 136.80 on Pluang as of Oct 15, 2026 21:41 WIB, down 0.62% for the day. The platform shows a strong buying interest with 100% buy orders and a dividend yield close to the reported 1.8%, at 1.61%. The stock remains below its 52-week high of USD 164.84, reflecting ongoing market caution despite positive analyst sentiment.
Bank of New York Mellon reported Q3 2026 earnings per share of $2.37, surpassing estimates of $2.27, and revenue of $5.68 billion, exceeding the $5.55 billion forecast. Net income rose to $1.61 billion from $1.34 billion a year earlier, reflecting so...
The Bank of New York Mellon Corporation announced quarterly dividends of $0.63 per share for common stock, payable November 9, 2026. It also declared dividends for various series of its noncumulative perpetual preferred stock, payable December 21, 20...
The Bank of New York Mellon Corporation (BNY) announced its financial results for the third quarter of 2026. The company, which manages $63.4 trillion in assets under custody and $2.2 trillion in assets under management, serves a vast range of client...
Bank of New York Mellon is set to report its Q3 2026 earnings, with analysts expecting earnings per share of $2.27 and revenue of $5.55 billion. This represents an 18.3% increase in earnings and a 9.5% rise in revenue compared to the previous year, d...
US stock markets closed higher with the Dow Jones up 0.93%, Nasdaq up 0.64%, and S&P 500 up 1.15%. Investors are focused on inflation and interest rates after the Fed's recent rate hike. The upcoming September CPI report, expected Wednesday, could in...
