These Analysts Increase Their Forecasts On Bank of New York Mellon Following Upbeat Q1 Earnings

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The Bank of New York Mellon Corporation (NYSE:BK) reported better-than-expected first-quarter 2026 results Thursday.

Diluted EPS rose 42% year over year to $2.24 from $1.58, while adjusted EPS of $2.25 topped estimates of $1.93. Total revenue increased 13% to a record $5.409 billion, exceeding estimates of $5.180 billion.

CEO Robin Vince said, “BNY had a strong start to 2026 with record revenue of $5.4 billion in the first quarter, up 13% year-over-year, reflecting broad-based growth across our Securities Services and Market and Wealth Services businesses.”

Bank of New York Mellon shares rose 0.1% to close at $134.84 on Thursday.

These analysts made changes …

Full story available on Benzinga.com

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