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Stock impact report

This is Why The Bank of New York Mellon Corporation (BK) is one of Goldman Sachs Top Bank Stocks [Yahoo! Finance]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Buy rating on Bank of New York Mellon Corp (NYSE: BK) and raised the price target to $148 from $140. The price target hike comes on the heels of the bank delivering strong first-quarter 2026 results, impacted by broad-based growth across Securities Services and the Market and Wealth Services businesses. This is Why The Bank of New York Mellon Corporation (BK) is one of Goldman Sachs Top Bank Stocks lOvE lOvE/Shutterstock.com Total revenue in the first quarter was up 13% year over year to $5.41 billion, driven by an 11% increase in fee revenue and an 18% increase in net interest income. Net income applicable to shareholders was up 36% year over year to $1.56 billion as diluted earnings per share increased 42% to $2.24. Following the impressive first-quarter results, Truist Securities expects Bank of New York Mellon Corp's overall revenue to grow by 7% for the year, above the company's guidance of 6%. The research firm also projects fee growth of 5%, which is better than the 4% Show less Read more
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