Bank of New York Mellon (BNY) announced a public offering of 1,250,000 depositary shares representing Series O Noncumulative Perpetual Preferred Stock, priced at $1,000 per share, raising $1.25 billion. The preferred shares carry a 7.125% annual dividend rate until December 20, 2031, after which the rate resets based on the five-year treasury rate plus 2.192%. Dividends are paid only if declared by BNY's board and the shares may be redeemed by BNY starting December 20, 2031. The offering is expected to close on October 28, 2026, with proceeds intended for general corporate purposes.
Following BNY's announcement of its $1.25 billion preferred stock offering, the company's common shares are trading at USD 142.40 on Pluang as of Oct 20, 2026 05:02 WIB, down 0.59% for the day. The stock holds a dividend yield of 1.62% and a market cap of $97.23 billion. Investor interest remains strong with 100% buy orders on the platform, reflecting ongoing engagement with BNY's financial instruments.
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...
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-...
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...
