The Bank of New York Mellon Corporation (NYSE:BK) on Tuesday reported better-than-expected fourth-quarter earnings.
The company posted diluted earnings per common share of $2.02 and adjusted diluted EPS of $2.08, beating the analyst estimate of $1.98. Total revenue rose 7% year over year to $5.179 billion, also exceeding the consensus estimate of $5.136 billion, driven by fee revenue of $3.698 billion, up 5%, and net interest income of $1.346 billion, up 13%.
For 2026, BNY projected total revenue of $19.027 billion to $21.029 billion, compared with an analyst estimate of $20.023 billion, implying approximately 5% year-over-year growth, plus or minus.
“2025 was another successful year for BNY,” Chief Executive Officer Robin Vince said. “We delivered record net income of $5.3 billion on record revenue of $20.1 billion and generated an ROTCE of 26%.” He added, “We are entering 2026 with positive momentum and excited for the work ahead of us to deliver increased value for our clients and shareholders.”
Bank of New York Mellon shares rose 1.1% to trade $124.23 on Wednesday.
These analysts made changes to their price targets on Bank of New York Mellon following earnings announcement.
- Keefe, Bruyette & Woods analyst David Konrad maintained Bank of New York Mellon with an Outperform rating and raised the price target from $132 to $143.
- RBC Capital analyst Gerard Cassidy maintained the stock with a Sector Perform and raised the price target from $124 to $130.
- Wells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight rating and raised the price target from $119 to $122.
- Morgan Stanley analyst Betsy Graseck maintained Bank of New York Mellon with an Overweight rating and raised the price target from $124 to $132.
Considering buying BK stock? Here’s what analysts think:
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