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