BNY (BNY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Does BNY (BNY) have what it takes to be a top stock pick for momentum investors? Let's find out.
BNY Mellon (NYSE:BK | BK Price Prediction) and State Street (NYSE:STT) both posted record Q1 2026 results as the two custody giants ride a wave of client activity and foreign exchange volumes.
The Bank of New York Mellon Corporation (BNY) Q2 2026 Earnings Call Transcript
Bank of New York Mellon's (BNY) record second-quarter results announced Wednesday (July 15) were built on some of the oldest activities in finance: safeguarding assets, processing transactions, managing collateral and earning interest on client balances. The bank reported record revenue of $5.
Bank of New York Mellon NYSE: BNY reported sharply higher second-quarter earnings and raised its full-year outlook, citing broad-based revenue growth, stronger client activity and momentum from its revamped commercial and operating models.
While the top- and bottom-line numbers for BNY (BNY) give a sense of how the business performed in the quarter ended June 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 $2.46 per share, beating the Zacks Consensus Estimate of $2.2 per share. This compares to earnings of $1.94 per share a year ago.
BNY's investment services fee and net interest income are expected to have risen year over year in second-quarter 2026.
Beyond analysts' top-and-bottom-line estimates for BNY (BNY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 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.