News · Bank of New York Mellon Corp (BNY) · Financial Services

Bank of New York Mellon rises 3.2% after third-quarter earnings beat

Session of October 15, 2026 · Published October 16, 2026 · 3 min read

What happened

Bank of New York Mellon (BNY) rose 3.2% on October 15, 2026, after its third-quarter results beat estimates and the board declared a quarterly dividend of $0.63. The stock closed at $142.09, trading on volume that was 1.6 times its 20-day average. Reuters, Seeking Alpha and other outlets reported the results and management commentary.

Closing price over the last 30 trading sessions. On October 15, 2026, BNY closed at $142.09, up 3.2% on the day and 13.5% lower than 30 sessions earlier.

How big was the move

The session was larger than typical: the move was 2.7 times a typical daily move for this stock. The stock outperformed the Financial Services sector median by 2.2 percentage points while the Financial Services sector median on the day rose 1.1%. The S&P 500 on the day rose 0.3%.

Each bar is one day's price change; the outlined bar is October 15, 2026. A typical daily move over the past year was 1.4%, so the latest move equals 2.4 times that. Moves outside the dashed lines (about 2.7%) are unusual.

Trading activity was notable across short and medium horizons. The stock opened 1.6% above the previous close and finished the day 3.2% higher. Over the last five sessions the stock fell 1.1%, versus the S&P 500’s five-session change of fell 0.3%. In the past five years the stock had 25 sessions with a gain of at least 3.2%; twenty trading days later the median result was a gain of 2.1%, and 19 of 25 were higher.

The technical picture

The stock sat 2.6% below its 20-day moving average and 8.2% below its 50-day moving average, while it was 3.0% above its 200-day moving average. The 50-day average is above the 200-day average, a sign of an established uptrend. The Relative Strength Index (14 days) was 36, in a neutral range.

Closing price over the past year. BNY ends the period 13.8% below its 52-week high, below its 50-day average ($154.83) and above its 200-day average ($137.94).

Shares traded 14.3% below the 52-week high and had fallen 7.4% over one month and 9.6% over three months. One-year performance rose 32.7%, which is 16.1 percentage points ahead of the S&P 500, and volatility was 19% annualized over 60 days, lower than 67% of its own readings over five years.

Fundamentals and valuation

For the four quarters through September 30, 2026, the company reported revenue of $30.98 billion, a decline of 23.3% from a year earlier. Gross margin improved to 52.5% from 48.0% a year earlier, and operating margin rose to 19.8% from 16.5%.

Quarterly revenue by period end. The latest quarter brought $857M, 91.7% less than the same quarter a year earlier.

Return on invested capital was 2.9% and the balance sheet shows net cash of $62.12 billion. On valuation, the stock trades at 15.4 times expected earnings on a price to forward earnings basis. PromtFinance scores rank the company highly for Value at 98 (Exceptional) and show Growth at 11 (Very weak) and Quality at 50 (Neutral), underlining a financially solid business with limited near-term growth baked into consensus models.

Earnings and analyst expectations

BNY reported on October 15, 2026, earnings per share of $2.37 against $2.27 expected, 4.4% above estimates. The company has beaten estimates for 14 consecutive quarters, and the average surprise over the last four reports was 8.8% above estimates. The typical two-day reaction after recent reports was that the stock rose 2.5%.

Diluted earnings per share by quarter. The latest quarter shows $2.43, against $1.93 in the same quarter a year earlier.

Quarterly operational details reported by Seeking Alpha and Zacks Investment Research showed net income attributable to shareholders of $1.61 billion, or $2.34 per share, up from $1.34 billion and $1.88 a share a year ago. Revenue in the quarter grew about 12% to $5.68 billion, and the company cited higher fee income, NII growth and expanding asset balances as drivers. Management discussed interest-rate dynamics on the earnings call, with the CEO saying current US 10-year Treasury yield levels are not unprecedented.

Analysts covering the stock number 22, with a consensus price target of $166.00, which is 16.8% above the closing price. Forty-five percent of those analysts rate the stock Buy, while the consensus rating is Hold. The next report is scheduled for January 12, 2027.

What to watch

November 9, 2026: quarterly common dividend of $0.63 per share payable to shareholders of record as of the specified record date.
January 12, 2027: next earnings report date.
Consensus price target of $166.00, 16.8% above the closing price of $142.09.
PromtFinance Value score of 98 and Growth score of 11, highlighting valuation strength versus growth weakness.
Balance sheet showing net cash of $62.12 billion and revenue for the four quarters through September 30, 2026, of $30.98 billion.

Full BNY analysis: scores, chart and financials →