Research Analysts Offer Predictions for BNY FY2026 Earnings

Bank of New York Mellon Corporation (NYSE:BNY) – Stock analysts at Erste Group Bank issued their FY2026 earnings per share (EPS) estimates for Bank of New York Mellon in a report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel expects that the bank will earn $8.96 per share for the year. Erste Group Bank currently 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) last released its quarterly earnings results on Wednesday, July 15th. The bank reported $2.46 EPS 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%.Bank of New York Mellon’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.93 EPS.

A number of other research firms have also weighed in on BNY. Citigroup raised their price target on shares of Bank of New York Mellon from $167.00 to $172.00 and gave the company a “neutral” rating in a report on Monday. Royal Bank Of Canada boosted their price objective on shares of Bank of New York Mellon from $142.00 to $168.00 and gave the stock a “sector perform” rating in a report on Thursday, July 16th. Truist Financial upped their price objective on shares of Bank of New York Mellon from $160.00 to $178.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. raised their target price on 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, Wells Fargo & Company boosted their price target on Bank of New York Mellon from $152.00 to $162.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $154.79.

Bank of New York Mellon Trading Up 0.0%

BNY opened at $157.17 on Monday. The firm’s 50 day moving average is $144.45 and its 200-day moving average is $130.13. Bank of New York Mellon has a 52-week low of $98.01 and a 52-week high of $163.77. The company has a quick ratio of 0.75, a current ratio of 0.72 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $107.88 billion, a P/E ratio of 18.30, a P/E/G ratio of 1.13 and a beta of 1.07.

Hedge Funds Weigh In On Bank of New York Mellon

Several institutional investors have recently made changes to their positions in BNY. Abound Financial LLC bought a new position in Bank of New York Mellon during the 4th quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Bank of New York Mellon in the fourth quarter worth $27,000. MCF Advisors LLC lifted its stake in Bank of New York Mellon by 74.8% in the fourth quarter. MCF Advisors LLC now owns 236 shares of the bank’s stock valued at $27,000 after buying an additional 101 shares during the last quarter. Marquette Asset Management LLC lifted its stake in Bank of New York Mellon by 174.7% in the fourth quarter. Marquette Asset Management LLC now owns 261 shares of the bank’s stock valued at $30,000 after buying an additional 166 shares during the last quarter. Finally, Heritage Wealth Advisors acquired a new position in shares of Bank of New York Mellon during the fourth quarter valued at $31,000. 85.31% of the stock is owned by institutional investors.

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.