The Bank of New York Mellon Corporation achieved its 14th consecutive quarter of year-over-year revenue growth in Q2, reporting a 27% increase in non-GAAP earnings per share and a strong 39.8% pre-tax margin. The company’s valuation is considered fair at a 16x price-to-earnings ratio, supported by robust earnings growth, strong operating leverage, dividend increases, and positive technical momentum. Risks include market volatility, mergers and acquisitions softness, federal ties, interest rate curve shifts, and crypto adoption. A price pullback to $140 is seen as a buying opportunity, with the analyst maintaining a Buy rating and raising the price target.
The Bank of New York Mellon Corporation announced quarterly dividends for its common stock at $0.63 per share, payable August 7, 2026, to shareholders recorded by July 27, 2026. It also declared dividends for several series of its noncumulative perpe...
Bank of New York Mellon Corporation (BNY) announced its financial results for the second quarter of 2026. The company is hosting a conference call and live webcast at 11:00 a.m. ET today to discuss the earnings and provide forward-looking statements....
