BK

The Bank of New York Mellon Corporation delivered its 14th consecutive quarter of YoY revenue growth, with Q2 non-GAAP EPS up 27% and a 39.8% pre-tax margin. I maintain a Buy rating and raise my price target, citing pristine technical momentum, robust earnings growth, and positive Wall Street revisions. BNY's valuation is now fair at a 16x P/E multiple, but strong operating leverage, dividend growth, and bullish technicals support further upside.

The bank posted second-quarte net income of $1.7 billion, or $2.45 a share, up from $1.39 billion, or $1.93 a share, in the same quarter a year earlier.

US banks could deliver broad earnings beats as strong capital markets activity, resilient economic conditions and improving wealth management flows support second-half 2026 and fiscal 2027 earnings revisions, Bank of America analysts wrote in a note ahead of the sector's upcoming earnings reports. The firm wrote that it expects all eight major banks it covers, including JPMorgan Chase & Co (NYSE:JPM, XETRA:CMC), Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC, XETRA:NWT), Goldman Sachs Group Inc (NYSE:GS, XETRA:GOS), Morgan Stanley (NYSE:MS), Bank of New York Mellon Corp (NYSE:BK, XETRA:BN9), State Street Corp (NYSE:STT) and Northern Trust Corp (NASDAQ:NTRS), to exceed both Bank of America and consensus earnings-per-share estimates.

TORONTO, June 04, 2026 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company”) is pleased to announce it has completed the overnight offering of Preferred Shares (TSX: BK.PR.A) of the Company. Total gross proceeds of the offering were $103.3 million.

A new Trump Accounts app built by Bank of New York Mellon and Robinhood will help parents manage investment accounts for eligible children.

SAN FRANCISCO--(BUSINESS WIRE)--Snapdocs, the leading digital closing platform for the U.S. mortgage industry, today announced an initiative with BNY (NYSE: BK), a global financial services platforms company, to deliver automated, end-to-end digital mortgage collateral infrastructure. The joint initiative addresses one of the mortgage industry's most persistent operational gaps: collateral delivery that still relies on numerous manual handoffs between settlement, lenders, warehouse banks, and c.

NEW YORK, May 11, 2026 /PRNewswire/ -- BNY, a global financial services company, today announced that it will change the ticker symbol for the common stock of The Bank of New York Mellon Corporation from "BK" to "BNY". The company expects its common stock to begin trading under the new ticker symbol, BNY, on the New York Stock Exchange ("NYSE") effective May 21, 2026.

Investors interested in stocks from the Banks - Major Regional sector have probably already heard of State Street Corporation (STT) and The Bank of New York Mellon Corporation (BK). But which of these two companies is the best option for those looking for undervalued stocks?

Bank of New York Mellon remains a top conviction buy, outperforming since May 2023 with a +230% return since then. BK's investment case is anchored by consistent earnings beats, robust dividend growth, and proven resilience across market cycles. Recent analyst upgrades and price target increases reinforce confidence in BK's competitive positioning and organic growth drivers.

The Bank of New York Mellon Corporation (BK) Q1 2026 Earnings Call Transcript