BNY

Bank of New York Mellon (BNY) raised its 2026 operating leverage outlook to nearly 500 basis points with projected revenue growth of 12-13%, driven by strong Securities Services growth (up 15%), net interest income growth (up 15%), and deployment of over 400 AI solutions. The company beat earnings estimates with $5.68B in revenue and $2.37 EPS, while expanding digital asset capabilities and maintaining disciplined capital allocation.

Several companies reported third-quarter 2026 earnings with mixed results. Ericsson beat earnings expectations and saw shares jump 11.2%, while Marsh & McLennan exceeded revenue estimates with a 4.6% gain.

Bank of New York Mellon also beat earnings forecasts, gaining 3.2%. However, Rocket Lab postponed its Neutron rocket's maiden flight to 2027, causing shares to fall 6.6%.

Bank of New York Mellon (BNY) reported Q3 2026 adjusted EPS of $2.37, beating consensus estimates of $2.26, with a 24.1% year-over-year increase. Total revenues rose 11.7% to $5.68B, driven by higher fee revenues and net interest income.

However, the company faces headwinds from rising expenses, deposit margin compression, and net outflows in assets under management. Capital ratios declined compared to the prior year.