Core Insights - The Bank of New York Mellon Corporation reported better-than-expected fourth-quarter earnings with diluted earnings per share of $2.02 and adjusted diluted EPS of $2.08, surpassing the analyst estimate of $1.98 [1] - Total revenue increased by 7% year-over-year to $5.179 billion, exceeding the consensus estimate of $5.136 billion, driven by fee revenue of $3.698 billion (up 5%) and net interest income of $1.346 billion (up 13%) [1] Financial Projections - For 2026, BNY projects total revenue between $19.027 billion and $21.029 billion, compared to an analyst estimate of $20.023 billion, indicating approximately 5% year-over-year growth [2] Company Performance - In 2025, BNY achieved record net income of $5.3 billion on record revenue of $20.1 billion, with a return on tangible common equity (ROTCE) of 26% [3] - The company is entering 2026 with positive momentum and aims to deliver increased value for clients and shareholders [3] Analyst Ratings and Price Targets - Following the earnings announcement, analysts adjusted their price targets for Bank of New York Mellon, with Keefe, Bruyette & Woods raising the target from $132 to $143, RBC Capital from $124 to $130, Wells Fargo from $119 to $122, and Morgan Stanley from $124 to $132 [6] - The consensus price target for Bank of New York Mellon is $111, with a high of $145 and a low of $46 based on ratings from 18 analysts [7] - Recent analyst ratings suggest an average price target of $128, indicating an implied upside of 3.09% from the current levels [7]
These Analysts Boost Their Forecasts On Bank of New York Mellon After Upbeat Q4 Earnings