The Bank of New York Mellon Corporation

New York Stock Exchange
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Bullish +65

Bank of New York Mellon (BNY) to Post Earnings on Wednesday

AI-generated analysis

📅 Bank of New York Mellon is set to release Q2 2026 earnings before market open on Wednesday, July 15th.

💰 Analysts project Q2 EPS of $2.16 and revenue of $5.3465 billion for the upcoming quarter.

📈 The company previously beat Q1 estimates with $2.25 EPS and $5.41 billion in revenue.

📊 Q1 financials showed a 15.29% return on equity and a 14.60% net margin.

🚀 Revenue grew 12.9% year-over-year compared to the same quarter last year.

🎯 Analyst consensus forecasts $9 EPS for the current fiscal year and $10 for next.

🏦 JPMorgan Chase raised its price target from $140 to $149 with an overweight rating.

📉 Truist Financial increased its target price to $148 and maintained a buy rating.

🔼 Barclays boosted its price objective to $149 alongside an overweight rating.

📉 Morgan Stanley raised its target to $139 but kept an equal weight stance.

📉 Insider Kurtis R. Kurimsky sold 5,290 shares for approximately $719,546.

📉 EVP J Kevin Mccarthy sold 30,000 shares totaling about $4.09 million.

🏛️ Corporate insiders collectively sold 48,091 shares valued at $6.57 million in the last quarter.

📈 Van Diest Capital LLC initiated a new stake worth roughly $207,000 in Q4.

📈 Invesco Ltd increased its position by 8.2% to own over 7.68 million shares.

📈 Corient Private Wealth LLC significantly raised its stake by 32.3% in Q4.

🏢 Institutional investors and hedge funds hold 85.31% of the company's outstanding stock.

💵 The stock trades at a PE ratio of 18.95 with a market cap of $104.94 billion.

📉 Shares recently opened at $152.89, trading above its 50-day moving average.

🏛️ BNY was formed in 2007 and traces roots back to 1784 as an NYSE pioneer.

Bullish Signals
  • The company beat Q1 earnings estimates with EPS of $2.25 versus a consensus of $1.94, demonstrating strong operational performance.
  • Revenue of $5.41 billion in Q1 exceeded analyst expectations of $5.14 billion, indicating robust business growth.
  • Year-over-year revenue increased by 12.9%, reflecting sustained demand for the bank's financial services.
  • JPMorgan Chase upgraded its price target to $149 and assigned an overweight rating, signaling strong institutional confidence.
  • Truist Financial raised its price target to $148 with a buy rating, further validating positive market sentiment.
  • Barclays increased its price objective to $149 and maintained an overweight rating, reinforcing bullish analyst consensus.
  • Invesco Ltd significantly expanded its holdings by 8.2% in Q4, accumulating over 7.68 million shares valued at $891 million.
  • Corient Private Wealth LLC increased its stake by 32.3%, adding 76,758 shares to a total holding of 314,465 shares.
  • The stock trades above both its 50-day and 200-day moving averages, suggesting positive technical momentum.
  • High institutional ownership at 85.31% indicates strong confidence from major investors and hedge funds.
Risk Factors
  • Corporate insiders sold a total of 48,091 shares valued at $6.57 million in the last quarter, representing a reduction in insider holdings.
  • EVP J Kevin Mccarthy reduced his personal stake by 37.39% following the sale of 30,000 shares.
  • Insider Kurtis R. Kurimsky decreased his ownership by 23.46% after selling 5,290 shares.
Full Analysis
Bank of New York Mellon (NYSE: BNY) is scheduled to report its Q2 2026 earnings before the market opens on Wednesday, July 15th. Analysts project earnings per share of $2.16 and revenue of $5.3465 billion for the quarter. The company previously reported Q1 results on April 16th, where it beat consensus estimates with EPS of $2.25 versus an expected $1.94, driven by revenue of $5.41 billion that exceeded analyst expectations. The bank demonstrated strong financial performance in the first quarter, achieving a return on equity of 15.29% and a net margin of 14.60%. Year-over-year revenue growth was significant at 12.9%, while earnings per share increased substantially from $1.58 in the same period last year. Current analyst consensus for the full fiscal year expects EPS to reach $9, with projections for the following fiscal year set at $10. Market sentiment remains positive ahead of the upcoming report, supported by recent upgrades from major investment banks including JPMorgan Chase, Truist Financial, and Barclays, which have all raised their price targets. The stock currently trades at a PE ratio of 18.95 with a market capitalization of approximately $104.94 billion. While some corporate insiders sold shares recently, institutional ownership remains high at 85.31%, indicating continued confidence from large investors. BNY operates as a global financial services firm headquartered in New York City, formed through the 2007 merger of the Bank of New York and Mellon Financial Corporation. The company positions itself at the center of world capital markets to help clients operate more efficiently and accelerate growth. With a history tracing back to 1784, it holds the distinction of being one of the oldest banking institutions in the United States and the first listed on the NYSE.