BNY raises 2026 outlook as BNY Mellon stock costs EUR 129.00
Published on 10/23/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOutlook and earnings context
- BNY raised its 2026 operating leverage outlook above 400 basis points on October 15, 2026.
- Third-quarter revenue reached USD 5.70 billion, up 12 percent year over year.
- BNY Mellon stock trades at EUR 129.00 at 10:43 a.m. CEST at Lang & Schwarz on October 23, 2026.
- Citigroup cut its price target from USD 160.00 to USD 157.00 on October 19, 2026.
- The next dividend record date is October 26, 2026.
BNY raised its 2026 operating leverage outlook above 400 basis points after reporting third-quarter revenue of USD 5.70 billion, up 12 percent year over year. The Bank of New York Mellon Corporation said on October 15, 2026, that earnings per share rose 24 percent to USD 2.34, while its pre-tax margin reached 39 percent, according to Benzinga.
Guidance moves above 400 basis points
The revised outlook is the clearest fresh operating signal from the October results. Management said positive operating leverage for 2026 should rise from the previous 400-basis-point expectation, while full-year revenue growth should land near the middle of a 12 percent to 13 percent range and net interest income should increase 15 percent.
The underlying quarter showed broad-based expansion. Fee revenue increased 12 percent to USD 4.08 billion, net interest income rose 15 percent to USD 1.42 billion, and expenses grew 8 percent to USD 3.49 billion. That spread supports the focus on operating leverage, although higher revenue-related costs remain part of the outlook.
What changed across three dated events
On September 30, 2026, BNY agreed to expand digital payment services with KB Kookmin Bank, while its stock was quoted at USD 146.98 in the cited market context, according to Simply Wall St. On October 15, BNY reported third-quarter revenue of USD 5.70 billion and earnings per share of USD 2.34. On October 19, Citigroup cut its price target from USD 160.00 to USD 157.00 while maintaining a neutral rating, as reported by MarketBeat.
Which dates matter next?
BNY's next shareholder record date is October 26, 2026, for a quarterly dividend of USD 0.63 per share payable on November 9, 2026. The next reporting date is January 15, 2027, according to Simply Wall St.
Stock price and investor context
BNY Mellon combines custody, payments, asset servicing and investment management businesses. Its third-quarter data show revenue growth exceeding expense growth, while the Citigroup target cut provides a counterpoint to the improved operating outlook.
At Lang & Schwarz, BNY Mellon stock was trading at EUR 129.00 on October 23, 2026 at 10:43 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of BNY Mellon stock.
BNY Mellon at a glance
- Company: The Bank of New York Mellon Corporation
- ISIN: US0640581007
- Ticker: BNY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 10:43 a.m. CEST): EUR 129.00
- Sector / Industry: Financial Services / Investment Banking and Investment Services
Market context: Market report S&P 500.
