BNY Mellon stock: Citigroup cuts target from USD 160 to USD 157 for BNY Mellon stock
Published on 10/20/2026 at 17:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCitigroup target cut
- Citigroup cut its BNY Mellon target from USD 160.00 to USD 157.00 on October 19, 2026.
- Third-quarter revenue rose 11.70 percent to USD 5.68 billion on October 15, 2026.
- BNY Mellon stock costs EUR 128.50 at Lang & Schwarz on October 20, 2026 at 5:08 p.m. CEST, 1.18 percent above the Tradegate close of EUR 127.00 on October 19, 2026.
- The next ex-dividend date is October 26, 2026, with a USD 0.63 dividend.
Citigroup cut its price target for BNY Mellon from USD 160.00 to USD 157.00 on October 19, 2026, while keeping a Buy rating, according to MarketScreener. The target lies 9.65 percent above the USD 143.18 home-market price cited for October 19. At Lang & Schwarz, the stock was trading at EUR 128.50 on October 20, 2026 at 5:08 p.m. CEST, up 1.18 percent versus the Tradegate close of October 19, 2026 at EUR 127.00.
Third-quarter growth sets the backdrop
BNY Mellon reported third-quarter 2026 revenue of USD 5.676 billion, up 11.70 percent from USD 5.081 billion a year earlier. Net income attributable to common shareholders reached USD 1.608 billion, compared with USD 1.339 billion in the prior-year quarter, while diluted earnings per share rose to USD 2.34 from USD 1.88, according to FinanzNachrichten.de.
What does the target change mean?
The reduction from USD 160.00 to USD 157.00 trims Citigroup's target by 1.88 percent. The same report identified a USD 143.18 market price on October 19, leaving the revised target 9.65 percent above that level. The target change is therefore a valuation reference rather than a new company forecast.
Price position and valuation
The euro quotation is 1.18 percent above the dated Tradegate close, placing the German-market indication at EUR 128.50. BNY Mellon's primary listing is on the NYSE under ticker BNY, as identified in the company's third-quarter release dated October 15, 2026, which also reported USD 63.4 trillion in assets under custody and administration and USD 2.2 trillion in assets under management as of September 30, 2026, according to BNY.
Next date is October 26
The next dated shareholder event is the October 26, 2026 ex-dividend date for a USD 0.63 distribution, listed in the company calendar on MarketScreener.
BNY Mellon stock holds its euro gain
The latest euro indication is EUR 128.50 at Lang & Schwarz on October 20, 2026 at 5:08 p.m. CEST, up 1.18 percent versus the Tradegate close of October 19, 2026 at EUR 127.00. The company enters the next dated event with third-quarter revenue growth of 11.70 percent and a revised Citigroup target of USD 157.00.
The further course of trading is shown by the continuously updated real-time quote of BNY Mellon stock.
BNY Mellon stock facts
- Company: The Bank of New York Mellon Corporation
- ISIN: US0640581007
- Ticker: BNY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 5:08 p.m. CEST): EUR 128.50
- Change versus Tradegate close: plus 1.18 percent
- Tradegate close (October 19, 2026): EUR 127.00
- Sector / Industry: Financial Services / Investment Banking and Investment Services
Market context: Market report S&P 500.
