Analysts Set Expectations for BNY FY2026 Earnings

Bank of New York Mellon Corporation (NYSE:BNY) – Equities research analysts at Erste Group Bank issued their FY2026 earnings per share estimates for shares of Bank of New York Mellon in a report released on Wednesday, July 15th. Erste Group Bank analyst H. Engel anticipates that the bank will earn $8.96 per share 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 $9.19 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) last issued its earnings results on Wednesday, July 15th. The bank reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.30. The firm had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.35 billion. Bank of New York Mellon had a return on equity of 16.00% and a net margin of 15.52%.The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the company earned $1.93 earnings per share.

Other analysts have also recently issued research reports about the stock. Weiss Ratings raised shares of Bank of New York Mellon from a “buy (a-)” rating to a “buy (a)” rating in a report on Monday, May 4th. Evercore set a $136.00 target price on shares of Bank of New York Mellon in a research note on Friday, April 17th. Truist Financial upped their target price on shares of Bank of New York Mellon from $160.00 to $178.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. raised their price target on shares of Bank of New York Mellon from $140.00 to $149.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Morgan Stanley lifted their price target on Bank of New York Mellon from $135.00 to $139.00 and gave the company an “equal weight” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Bank of New York Mellon presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.79.

Bank of New York Mellon Stock Performance

Shares of BNY opened at $158.58 on Monday. The firm has a fifty day moving average of $144.95 and a 200-day moving average of $130.43. The company has a market cap of $108.85 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 1.12 and a beta of 1.07. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.75 and a current ratio of 0.72. Bank of New York Mellon has a 1 year low of $98.03 and a 1 year high of $163.77.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BNY. Whittier Trust Co. of Nevada Inc. raised its position in shares of Bank of New York Mellon by 9.4% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 12,045 shares of the bank’s stock worth $1,489,000 after buying an additional 1,031 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Bank of New York Mellon by 7.3% in the first quarter. Janney Montgomery Scott LLC now owns 148,115 shares of the bank’s stock valued at $17,571,000 after acquiring an additional 10,107 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Bank of New York Mellon by 17.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 141,899 shares of the bank’s stock valued at $16,473,000 after acquiring an additional 21,506 shares during the period. World Investment Advisors increased its stake in shares of Bank of New York Mellon by 14.4% during the fourth quarter. World Investment Advisors now owns 72,285 shares of the bank’s stock valued at $8,391,000 after acquiring an additional 9,105 shares during the period. Finally, Advisortrust Partners LLC bought a new stake in Bank of New York Mellon during the fourth quarter worth approximately $207,000. 85.31% of the stock is owned by institutional investors and hedge funds.

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.