Truist cuts target for BNY Mellon stock to USD 165.00
Published on 10/16/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and earnings snapshot
- Truist Financial lowered its target from USD 172.00 to USD 165.00 on October 16, 2026.
- BNY's third-quarter operating margin was 39.00 percent on September 30, 2026.
- BNY Mellon stock costs EUR 127.50 at Lang & Schwarz on October 16, 2026 at 4:01 p.m. CEST.
- BNY Mellon had a USD 97.7 billion market capitalization and a P/E ratio of 21.53 on October 16, 2026.
Truist Financial lowered its price target for BNY Mellon from USD 172.00 to USD 165.00 on October 16, 2026, while retaining a Buy rating, according to The Stock Observer. The new target is 14.60 percent above the USD 143.98 primary-exchange price cited for BNY in the finance market snapshot on October 16, 2026. BNY Mellon stock was trading at EUR 127.50 at Lang & Schwarz on October 16, 2026 at 4:01 p.m. CEST.
Operating margin reaches 39.00 percent
BNY's operating margin was 39.00 percent in the third quarter ended September 30, 2026, compared with 40.00 percent in the second quarter. Operating profit came to USD 2.19 billion in the third quarter, versus USD 2.27 billion in the second quarter.
The latest quarterly results were reported on October 15, 2026. BNY said the company had reported its third-quarter financial results and scheduled an earnings call for that date.
Price position and valuation
The euro quote stood at EUR 127.50 at Lang & Schwarz on October 16, 2026 at 4:01 p.m. CEST. The bid was EUR 127.00 and the ask was EUR 128.00. The primary-exchange quote was USD 143.98 on the NYSE on October 16, 2026 at 10:04 a.m. EDT.
BNY Mellon had a market capitalization of USD 97.7 billion and a P/E ratio of 21.53 on October 16, 2026. Its 52-week range was USD 103.11 to USD 165.84, while the annual dividend yield was 0.02 percent.
Comparison with peers
BNY Mellon: P/E 21.53, market capitalization USD 97.7 billion
State Street (NYSE, USD): minus 0.12 percent, P/E 13.69, market capitalization USD 46.0 billion
Northern Trust (NYSE, USD): plus 1.13 percent, P/E 14.36, market capitalization USD 30.6 billion
What the target says
Truist's revised USD 165.00 target remains above the primary-exchange quote of USD 143.98, but it is lower than the firm's previous USD 172.00 objective. The change places the analyst view between BNY's current market level and its 52-week high of USD 165.84.
Trading perspective
For investors in Germany, the Lang & Schwarz quote provides the euro perspective on BNY Mellon after the latest quarterly report. The valuation figures keep the analyst revision in context: the stock's P/E is higher than the ratios shown for State Street and Northern Trust, while its market capitalization is larger than either peer.
The further course of trading is shown by the continuously updated real-time quote of BNY Mellon stock.
BNY Mellon stock facts
- Company: The Bank of New York Mellon Corporation
- ISIN: US0640581007
- Ticker: BNY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 4:01 p.m. CEST): EUR 127.50
- Market capitalization: USD 97.7 billion (as of October 16, 2026)
- Sector / Industry: Financials / Capital Markets
Market context: Market report S&P 500.
