BNY

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.

US 10-year Treasury yield levels not unprecedented, BNY CEO says

In Q3 2026, 149 dividend-paying stocks announced increases, with an average hike of 7.93% and a median yield of 2.79%. Financials led sector increases, while Health Care posted the highest average increase; larger increases correlated with lower yields. Three companies cut dividends, all flagged as low quality or with weak safety scores prior to the reduction. Six companies declared special dividends.

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.

NEW YORK, Oct. 15, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BNY), a global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common – a quarterly common stock dividend of $0.63 per share, payable on November 9, 2026 to shareholders of record as of the close of business on October 26, 2026. Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in December 2026, in each case payable on December 21, 2026 to holders of record on December 5, 2026: $1,219.05 per share on the Series A Preferred Stock (equivalent to $12.190512 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock); $937.50 per share on the Series I Preferred Stock (equivalent to $9.375000 per depositary share, each representing a 1/100th interest in a share of the Series I Preferred Stock); $1,537.50 per share on the Series K Preferred Stock (equivalent to $0.384375 per depositary share, each representing a 1/4,000th interest in a share of the Series K Preferred Stock); $2,975.00 per share on the Series L Preferred Stock (equivalent to $29.750000 per depositary share, each representing a 1/100th interest in a share of the Series L Preferred Stock); $1,406.25 per share on the Series M Preferred Stock (equivalent to $14.062500 per depositary share, each representing a 1/100th interest in a share of the Series M Preferred Stock); and $2,511.25 per share on the Series N Preferred Stock (equivalent to $25.112500 per depositary share, each representing a 1/100th interest in a share of the Series N Preferred Stock).

NEW YORK, Oct. 15, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BNY), a global financial services company, has reported financial results for the third quarter 2026. The company's earnings release along with the quarterly update presentation and other earnings-related documents are available at www.bny.com/investorrelations.