Truist Expects Core Revenue Growth to Drive BNY Mellon (BK) Profitability Despite Expense, Buyback Headwinds
The Bank of New York Mellon Corporation (NYSE:BK) is one of the best large cap value stocks to buy in 2026. On January 14, Truist raised its price target on BNY Mellon to 134 and maintained a Buy rating after its Q4 2025 earnings results. The firm also raised its 2027 EPS forecast by 9.55, a sentiment driven by a stronger outlook for fees and net interest income. While the firm noted a slight headwind from higher expenses and a slower pace of share buybacks, the overall growth in core ...