Jan. 13 at 6:33 PM
Bank of New York Mellon shares rose after the bank beat fourth-quarter earnings and revenue expectations, though it forecast slower growth in 2026. Adjusted EPS came in at
$2.08 versus
$1.99 expected, while revenue rose 7% to
$5.18 billion, also topping estimates, with fee income slightly ahead of consensus.
The bank guided for 5% revenue growth in 2026, down from 7.6% in 2025, and expects expenses to rise 3%–4%. Despite the slower outlook, BNY Mellon raised its medium-term pretax margin target to 38% from above 33%, following a 35% margin in 2025.
Some analysts noted the guidance may appear conservative, but Truist reiterated a Buy rating and said any near-term weakness could present a buying opportunity.
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