BNY shares went from flat to up more than 3% on the day after the bank beat expectations for third-quarter revenue and adjusted earnings. Revenue rose 12% year over year to $5.7 billion, above the $5.5 billion consensus per LSEG, marking the 15th straight quarter of revenue growth. Adjusted EPS climbed 24% to $2.37, versus $2.27 expected, excluding a 3-cent severance expense. Fee revenue grew 12%, net interest income rose 15%, and assets under custody and administration increased 10%, while the CET1 ratio was 10.9% against the Federal Reserve's 8.5% minimum. Management raised its full-year guidance, and the analyst team reiterated a buy-equivalent 1 rating with a $180 price target.
Summary written by Upside AI from the original article. Read the source for full details.
Related tickers and likely impact
JPM
▲ Likely positiveJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/14/2026 | 335.28 |
| Change that session | +1.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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