Bank of New York Mellon

BNY · NYSE

$144.25+$1.81 (+1.27%)TodayMarket closed · Oct 20, 7:51 PM ET

Prev close $142.44

BNY analyst rating

BuyConsensus of 12 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy6
Hold6
Underperform0
Sell0

12-month price target · 15 analysts

Average $174.16 (+20.7% upside)

Low: $152.51
Now: $144.25
High: $193.20

Upgrades and downgrades

The latest rating actions, newest first

BNY analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citigroup	Oct 19, 2026	Maintains	Neutral	$160.00 → $157.00	40%
Truist Securities	Oct 16, 2026	Maintains	Buy	$172.00 → $165.00	57%
TD Cowen	Oct 8, 2026	Initiates	Hold	$160.00	50%
Citigroup	Oct 5, 2026	Maintains	Neutral	$172.00 → $160.00	40%
JP Morgan	Oct 2, 2026	Maintains	Overweight	$159.00 → $161.00	46%
Evercore ISI Group	Oct 1, 2026	Maintains	In-Line	$158.00 → $150.00	62%
Truist Securities	Sep 25, 2026	Maintains	Buy	$178.00 → $172.00	57%
JP Morgan	Aug 4, 2026	Maintains	Overweight	$149.00 → $159.00	46%
Argus Research	Jul 22, 2026	Maintains	Buy	$153.00 → $180.00	66%
Citigroup	Jul 20, 2026	Maintains	Neutral	$167.00 → $172.00	40%

The case for and against

Updated Oct 17, 2026

Bull case

Bank of New York Mellon is attractive fundamentally because its transformation into a more integrated enterprise has translated into durable organic growth, stronger client penetration, and sustained positive operating leverage, with 2Q26 revenue of $5.7 billion up 13% year over year and pre-tax margin expanding to 39.8%. The firm’s scale in global custody and servicing, with $62.6 trillion in AUC/A and $2.2 trillion in AUM, provides a capital-light, fee-rich earnings base that benefited from broad-based growth across Securities Services, Market and Wealth Services, and Investment and Wealth Management. Continued NII expansion to $1.4 billion, disciplined expenses, and high capital returns reinforce improving profitability, while ROACE of 17.2% and ROATCE of 31.1% signal a best-in-class earnings profile.

Bear case

Bank of New York Mellon is exposed to macroeconomic dislocation, Middle East hostilities, and policy uncertainty that could weaken asset values and hurt asset servicing and wealth management activity. Its earnings are also vulnerable to credit losses, interest-rate swings, and tighter regulation, while the flat 11.0% CET1 ratio and 6.3% SLR show limited cushion versus prior periods. A downturn in fixed income markets or operating leverage, combined with already richer relative valuation, could further pressure profitability and sentiment.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.