The company raised its 2026 operating leverage target to 500 basis points. Third-quarter earnings per share grew 24% year over year to $2.34.
BNY raises 2026 revenue growth and operating leverage outlook as solid Q3 momentum, AI adoption and expanding securities services backs its growth strategy.
BNY's Q3'26 earnings beat estimates as higher fee revenues, NII growth and expanding asset balances boost the results despite rising expenses.
Bank of New York Mellon (BNY) is upgraded to a 'buy' after a recent pullback, offering ~10% upside, including its secure 1.8% dividend yield. BNY's Q3 results showed 12% revenue growth, 38.5% pre-tax margin, and strong cost discipline, with fee businesses demonstrating significant operating leverage. AI-driven cash sorting risk is minimal for BNY, as noninterest-bearing deposits are already at functional floors among sophisticated institutional clients.
While the top- and bottom-line numbers for BNY (BNY) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
BNY (BNY) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $1.91 per share a year ago.
The bank posted third-quarter net income applicable to shareholders of $1.61 billion, or $2.34 a share, up from $1.34 billion, or $1.88 a share, in the same quarter a year earlier.
BNY's Q3 earnings are expected to have risen on higher fee income and NII, supported by asset growth and client activity, despite mounting expense pressures.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for BNY (BNY), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2026.
BNY (BNY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BNY (BNY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors need to pay close attention to BNY stock based on the movements in the options market lately.