These Analysts Increase Their Forecasts On Bank of New York Mellon Following Upbeat Q1 Earnings

Benzinga04-17

The Bank of New York Mellon Corporation (NYSE:BK) reported better-than-expected first-quarter 2026 results Thursday.

Diluted EPS rose 42% year over year to $2.24 from $1.58, while adjusted EPS of $2.25 topped estimates of $1.93. Total revenue increased 13% to a record $5.409 billion, exceeding estimates of $5.180 billion.

CEO Robin Vince said, “BNY had a strong start to 2026 with record revenue of $5.4 billion in the first quarter, up 13% year-over-year, reflecting broad-based growth across our Securities Services and Market and Wealth Services businesses.”

Bank of New York Mellon shares rose 0.1% to close at $134.84 on Thursday.

These analysts made changes to their price targets on Bank of New York Mellon following earnings announcement.

Keefe, Bruyette & Woods analyst David Konrad maintained Bank of New York Mellon with an Outperform rating and raised the price target from $143 to $150.
Evercore ISI Group analyst Glenn Schorr maintained the stock with an In-Line rating and raised the price target from $119 to $136.
Truist Securities analyst David Smith maintained the stock with a Buy and raised the price target from $140 to $148.

Considering buying BK stock? Here’s what analysts think:

Photo via Shutterstock

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Total revenue increased 13% to a record $5.409 billion, exceeding estimates of $5.180 billion.</p>\n<p>CEO Robin Vince said, “BNY had a strong start to 2026 with record revenue of $5.4 billion in the first quarter, up 13% year-over-year, reflecting broad-based growth across our Securities Services and Market and Wealth Services businesses.”</p>\n<p>Bank of New York Mellon shares rose 0.1% to close at $134.84 on Thursday.</p>\n<p>These analysts made changes to their price targets on Bank of New York Mellon following earnings announcement.</p>\n<ul>\n<li>Keefe, Bruyette &amp; Woods analyst David Konrad maintained Bank of New York Mellon with an Outperform rating and raised the price target from $143 to $150.</li>\n<li><a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI Group analyst Glenn Schorr maintained the stock with an In-Line rating and raised the price target from $119 to $136.</li>\n<li>Truist Securities analyst David Smith maintained the stock with a Buy and raised the price target from $140 to $148.</li>\n</ul>\n<p><strong>Considering buying BK stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"504\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/17090405/image-365-1024x504.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/17090405/image-365-1024x504.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/17090405/image-365-300x148.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/17090405/image-365-768x378.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/17090405/image-365.png 1241w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK","symbol_name":"纽约梅隆银行","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/51881773/these-analysts-increase-their-forecasts-on-bank-of-new-york-mellon-following-upbeat-q1-earnings","article_id":"2628016392","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2628016392","pubTimestamp":1776431627,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Better-than-expected Q1 2026 results for Bank of NY Mellon (BK) with 42% increase in EPS and record revenue of $5.4B. 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