Bank of New York Mellon (NYSE:BNY) Posts Earnings Results, Beats Estimates By $0.30 EPS

Bank of New York Mellon (NYSE:BNY) issued its earnings results on Wednesday. The bank reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.30, FiscalAI reports. Bank of New York Mellon had a net margin of 14.60% and a return on equity of 15.29%. The business had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter last year, the firm posted $1.93 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year.

Here are the key takeaways from Bank of New York Mellon’s conference call:

• BNY delivered strong second-quarter results, with EPS up 27% year over year to $2.45 and revenue up 13% to a record $5.7 billion. The company also reported 40% pre-tax margin, 31% ROTCE, and roughly 600 basis points of positive operating leverage.
• Management raised full-year 2026 guidance, now expecting revenue ex-notables to grow 10%-11% and net interest income to rise 12%-13%. BNY also boosted its expected expense growth to 6%-7%, while still calling for about 400 basis points of positive operating leverage.
• Commercial momentum remains strong, with 14 consecutive quarters of year-over-year sales growth, two straight record sales quarters this year, and average deal size up more than 20%. About 10% of deals came from clients entirely new to BNY, indicating continued franchise expansion.
• Several businesses showed broad-based growth, including Securities Services revenue up 15% and Market and Wealth Services revenue up 12%, with especially strong performance in issuer services, clearance and collateral management, and wealth solutions. BNY said integrated offerings and cross-selling across platforms are helping win larger mandates.
• BNY is investing heavily in AI and digital assets as part of its long-term strategy, but management framed these as multi-year opportunities rather than near-term profit drivers. The company said AI is already creating capacity and improving workflows, while its expanded Circle relationship and the Trump Accounts mandate highlight its push into “always-on” financial infrastructure.

Bank of New York Mellon Stock Performance

Shares of BNY opened at $162.58 on Thursday. The firm has a market cap of $111.59 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.14 and a beta of 1.07. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.82. The business’s 50 day moving average is $142.80 and its two-hundred day moving average is $129.26. Bank of New York Mellon has a 52-week low of $93.37 and a 52-week high of $162.73.

Key Headlines Impacting Bank of New York Mellon

Here are the key news stories impacting Bank of New York Mellon this week:

• Positive Sentiment: BNY Mellon posted stronger-than-expected Q2 results, with record revenue, earnings ahead of estimates, and solid growth in fee income and net interest income. BNY Reports Second Quarter 2026 Results
• Positive Sentiment: The company lifted its 2026 revenue outlook and boosted its quarterly dividend, which signals management confidence and improves the stock’s income appeal. BNY Declares Dividends
• Positive Sentiment: Analyst sentiment appears supportive, with Erste Group Bank initiating coverage on the stock with a buy rating. Bank of New York Mellon (NYSE:BNY) Coverage Initiated by Analysts at Erste Group Bank
• Neutral Sentiment: Reports highlighted BNY’s AI and blockchain-related initiatives as part of its long-term strategy, but these are not likely the main near-term driver of the stock move. BNY: AI bet is paying off, client impact is ‘measurable’
• Neutral Sentiment: There was also unusual put-option activity, which may reflect hedging or caution, but it does not outweigh the strong earnings and guidance update.

Insider Activity at Bank of New York Mellon

In other Bank of New York Mellon news, VP Shannon Marie Hobbs sold 297 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $137.05, for a total transaction of $40,703.85. Following the completion of the transaction, the vice president directly owned 15,206 shares of the company’s stock, valued at $2,083,982.30. This trade represents a 1.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Alejandro Perez sold 12,504 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $137.01, for a total transaction of $1,713,173.04. Following the completion of the sale, the executive vice president directly owned 62,613 shares of the company’s stock, valued at $8,578,607.13. The trade was a 16.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 48,091 shares of company stock worth $6,568,423 over the last three months. 0.17% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Bank of New York Mellon

A number of hedge funds have recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Bank of New York Mellon by 639.5% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,076,729 shares of the bank’s stock valued at $771,080,000 after acquiring an additional 6,119,749 shares during the last quarter. Federated Hermes Inc. lifted its stake in Bank of New York Mellon by 101.9% during the fourth quarter. Federated Hermes Inc. now owns 3,420,804 shares of the bank’s stock worth $397,121,000 after purchasing an additional 1,726,556 shares during the last quarter. Primecap Management Co. CA boosted its holdings in Bank of New York Mellon by 214.6% in the fourth quarter. Primecap Management Co. CA now owns 2,521,678 shares of the bank’s stock worth $292,742,000 after purchasing an additional 1,720,238 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in Bank of New York Mellon by 87.4% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 2,190,467 shares of the bank’s stock worth $254,291,000 after purchasing an additional 1,021,533 shares during the period. Finally, AQR Capital Management LLC increased its stake in Bank of New York Mellon by 29.1% during the third quarter. AQR Capital Management LLC now owns 4,023,663 shares of the bank’s stock valued at $438,418,000 after purchasing an additional 906,218 shares during the last quarter. 85.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Bank of New York Mellon to a “hold” rating in a research report on Saturday, May 23rd. 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 report on Monday, July 6th. Royal Bank Of Canada boosted their price target on Bank of New York Mellon from $130.00 to $142.00 and gave the stock a “sector perform” rating in a research report on Friday, April 17th. Keefe, Bruyette & Woods upped their price target on Bank of New York Mellon from $143.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Finally, Citigroup increased their price objective on shares of Bank of New York Mellon from $136.00 to $167.00 and gave the company a “neutral” rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $143.46.

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.