Barclays analyst Jason Goldberg raised the firm’s price target on BNY Mellon (BK) to $104 from $102 and keeps an Overweight rating on the
Key Takeaways Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.Bank of New York Mellon,
Fee revenue grew 9% to $3.51 billion on higher market values and client activity, net new business, and higher foreign exchange revenue. Net interest income rose 8% to $1.19 billion, primarily because of higher investment securities portfolio yields and balance sheet expansion.
The AI-agent cybersecurity startup Alterya has been bought by the blockchain giant Chainalysis for over $100 million, Business Insider has learned.
Bank of New York Mellon (NYSE:BK – Free Report) had its target price hoisted by Barclays from $86.00 to $102.00 in a research report report published on Monday morning,Benzinga reports.
BNY posts strong Q4 earnings, analysts boost EPS estimates, highlight solid NII, fee growth potential, and strategic investments.
Bank of New York Mellon Corp. provided additional strength to financial stocks as the firm posted record 2024 revenue of $18.6 billion and delivered better-than-expected fourth-quarter results. "We enter 2025 with strong momentum,
Barclays raised the firm’s price target on BNY Mellon (BK) to $102 from $86 and keeps an Overweight rating on the shares. The firm is “constructive” on bank stocks for 2025, saying earnings ...
Shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN – Get Free Report) saw an uptick in trading volume on Friday . 3,665,545 shares traded hands during mid-day trading, a decline of 34% from the previous session’s volume of 5,
Good afternoon, and welcome to the 2024 Fourth Quarter Earnings Conference Call hosted by BNY. At this time, all participants are […]
The Bank of New York Mellon Corporation (NYSE:BK), a leading financial services institution, has been garnering increased attention from analysts and investors alike. Recent upgrades and positive outlooks from multiple firms suggest that BK is well-positioned for growth in the coming years,