The Bank of New York Mellon Corporation (BK) Q3 Earnings and Revenues Surpass Estimates

Core Insights - The Bank of New York Mellon Corporation reported quarterly earnings of $1.91 per share, exceeding the Zacks Consensus Estimate of $1.76 per share, and showing an increase from $1.52 per share a year ago, resulting in an earnings surprise of +8.52% [1] - The company achieved revenues of $5.08 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.41% and up from $4.65 billion year-over-year [2] - The stock has increased approximately 41.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 13.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.87 on revenues of $5.04 billion, while for the current fiscal year, the estimate is $7.14 on revenues of $19.8 billion [7] - The estimate revisions trend for The Bank of New York Mellon was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Banks - Major Regional industry, to which The Bank of New York Mellon belongs, is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]