BNY Mellon Earnings Top Expectations. Why the Stock Is Falling. -- Barrons.com

Dow Jones
01/13

By Nate Wolf

Bank of New York Mellon declined Tuesday after the company beat quarterly earnings expectations but projected a slowdown in growth in 2026.

The bank reported adjusted earnings of $2.08 a share for the fourth quarter, surpassing analysts' consensus estimate of $1.99, according to FactSet. Revenue totaled $5.18 billion, up 7% from last year and above Wall Street's call for $5.14 billion.

BNY Mellon shares fell 2.7% in premarket trading Tuesday. The stock is coming off an excellent year, having climbed 54% in 2025.

The bank guided for 5% revenue growth in 2026 -- in line with analysts' expectations but a deceleration from 7.6% growth in 2025. It expects expenses to rise 3% to 4%, which would eat into earnings growth.

BNY boosted its medium-term target for pretax profit margin, however, to 38% from above 33%. The company's pretax margin was 35% in 2025, up from 31% in 2024.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

January 13, 2026 07:30 ET (12:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10