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BNY Mellon Posts Record First-Quarter 2026 Revenue, Earnings

Tipranks - Fri Apr 17, 6:14AM CDT

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The latest announcement is out from Bank of New York Mellon ( (BK) ).

On April 16, 2026, BNY reported first-quarter 2026 results showing record revenue of $5.4 billion, up 13% year over year, driven by broad-based growth in Securities Services and Market and Wealth Services. Earnings per share rose 42% to $2.24, net income applicable to common shareholders reached $1.56 billion, and assets under custody/administration climbed to $59.4 trillion, while assets under management were $2.1 trillion.

The bank delivered a pre-tax operating margin of 37%, ROE of 16.1%, and ROTCE of 29.3%, reflecting more than 800 basis points of positive operating leverage amid a dynamic environment. Management highlighted record quarterly sales, strategic business wins, and continued investment in new products, AI, and culture, reinforcing BNY’s positioning as a diversified, balance-sheet-strong pillar for global clients and markets.

The most recent analyst rating on (BK) stock is a Buy with a $130.50 price target. To see the full list of analyst forecasts on Bank of New York Mellon stock, see the BK Stock Forecast page.

Spark’s Take on BK Stock

According to Spark, TipRanks’ AI Analyst, BK is a Neutral.

The score is supported mainly by improving profitability/leverage and a constructive earnings outlook with raised medium-term targets and expected positive operating leverage. This is tempered by uneven top-line/cash-flow consistency and softer near-term technical momentum, while valuation appears reasonable but not deeply discounted.

To see Spark’s full report on BK stock, click here.

More about Bank of New York Mellon

Bank of New York Mellon Corporation (BNY) is a global financial services company specializing in securities services, market and wealth services, and asset management. The firm focuses on custody, fund administration, and related capital markets activities, overseeing trillions of dollars in assets under custody/administration and assets under management for institutional and wealth clients worldwide.

Average Trading Volume: 3,669,228

Technical Sentiment Signal: Buy

Current Market Cap: $90.64B

For detailed information about BK stock, go to TipRanks’ Stock Analysis page.

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