
Bank of New York Mellon Corporation (NYSE:BNY – Free Report) – Equities research analysts at Erste Group Bank issued their FY2026 EPS estimates for shares of Bank of New York Mellon in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel forecasts that the bank will post earnings per share of $8.96 for the year. 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 $9.14 per share. Erste Group Bank also issued estimates for Bank of New York Mellon’s FY2027 earnings at $9.75 EPS.
Bank of New York Mellon (NYSE:BNY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 EPS for the quarter, beating the consensus estimate of $2.16 by $0.30. The business had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.35 billion. Bank of New York Mellon had a net margin of 15.52% and a return on equity of 16.00%. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.93 EPS.
Check Out Our Latest Stock Report on BNY
Bank of New York Mellon Stock Up 0.4%
NYSE:BNY opened at $157.69 on Monday. The firm has a market capitalization of $108.24 billion, a P/E ratio of 18.36, a PEG ratio of 1.13 and a beta of 1.07. Bank of New York Mellon has a 1-year low of $97.70 and a 1-year high of $163.77. The company’s fifty day moving average price is $143.95 and its 200-day moving average price is $129.85. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.72 and a quick ratio of 0.75.
Hedge Funds Weigh In On Bank of New York Mellon
Several large investors have recently made changes to their positions in BNY. Linscomb Wealth Inc. grew its stake in shares of Bank of New York Mellon by 2.5% in the fourth quarter. Linscomb Wealth Inc. now owns 3,240 shares of the bank’s stock worth $376,000 after acquiring an additional 80 shares in the last quarter. Mather Group LLC. raised its stake in shares of Bank of New York Mellon by 0.9% in the fourth quarter. Mather Group LLC. now owns 9,232 shares of the bank’s stock valued at $1,072,000 after acquiring an additional 86 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Bank of New York Mellon by 3.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,805 shares of the bank’s stock valued at $326,000 after acquiring an additional 88 shares in the last quarter. Essex Financial Services Inc. boosted its holdings in Bank of New York Mellon by 0.5% in the fourth quarter. Essex Financial Services Inc. now owns 17,584 shares of the bank’s stock valued at $2,041,000 after purchasing an additional 89 shares during the period. Finally, Maia Wealth LLC boosted its holdings in Bank of New York Mellon by 3.0% in the fourth quarter. Maia Wealth LLC now owns 3,049 shares of the bank’s stock valued at $350,000 after purchasing an additional 90 shares during the period. 85.31% of the stock is currently owned by institutional investors and hedge funds.
Bank of New York Mellon News Summary
Here are the key news stories impacting Bank of New York Mellon this week:
- Positive Sentiment: BNY posted stronger-than-expected Q2 results, with revenue hitting a record and profit topping estimates, reinforcing the view that its custody, asset servicing, and foreign exchange businesses are benefiting from elevated client activity. Article Title
- Positive Sentiment: The company raised its 2026 outlook and boosted payouts, which investors generally see as a sign of confidence in future earnings and capital strength. Article Title
- Positive Sentiment: Multiple firms raised price targets after the earnings report, including Truist to $178, Barclays to $178, KBW to $177, RBC to $168, and Wells Fargo to $162, signaling broad analyst confidence that the stock can move higher from current levels. Article Title
- Positive Sentiment: Coverage was also initiated by Erste Group Bank, adding to the overall constructive analyst backdrop for the shares. Article Title
- Neutral Sentiment: BNY priced a $500 million offering of depositary shares tied to preferred stock, a move that may support balance-sheet flexibility but can also dilute existing holders, making the stock reaction less clear-cut. Article Title
- Neutral Sentiment: Commentary around BNY’s AI investments and “measurable” client impact supports the long-term growth story, but it is more of a strategic narrative than an immediate catalyst. Article Title
- Negative Sentiment: Despite the strong quarter, some reports noted the shares traded lower because investors may have expected an even stronger 2026 guidance update, suggesting the outlook was good but not enough to fully satisfy expectations. Article Title
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.
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