TD Cowen resumed coverage of BNY Mellon stock at USD 160.00
Published on 10/12/2026 at 11:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- TD Cowen resumed coverage with a Hold rating and a USD 160.00 price target on October 8, 2026.
- BNY reported second-quarter 2026 revenue of USD 5.70 billion, up 13.00 percent year on year.
- BNY Mellon stock was trading at EUR 128.50 at Lang & Schwarz on October 12, 2026 at 11:48 a.m. CEST.
- The next earnings date is October 15, 2026, with market capitalization at USD 98.0 billion as of October 9, 2026.
BNY Mellon (ISIN US0640581007) was trading at EUR 128.50 at Lang & Schwarz on October 12, 2026 at 11:48 a.m. CEST. On October 8, 2026, Markets Insider reported that TD Cowen resumed coverage with a Hold rating and a USD 160.00 price target.
Second-quarter earnings set the baseline
According to Eulerpool, BNY said on July 15, 2026 that second-quarter revenue rose 13.00 percent year on year to USD 5.70 billion, while earnings per share increased 27.00 percent to USD 2.45. The company also reported 600 basis points of positive operating leverage and raised its 2026 revenue outlook to growth of 10.00 percent to 11.00 percent.
The same earnings-call account put second-quarter net interest income at USD 1.40 billion, up 20.00 percent year on year. That mix matters because fee revenue remains the larger earnings engine, while higher yields and balance-sheet growth supported net interest income.
Three dates frame BNY's earnings path
On July 15, 2026, BNY reported USD 5.70 billion of second-quarter revenue; on October 2, 2026, Markets Insider reported that JPMorgan raised its target from USD 159.00 to USD 161.00; and on October 8, 2026, TD Cowen resumed coverage with its USD 160.00 target. The sequence shows a split assessment: earnings momentum improved, but target levels remain below the recent USD 165.84 52-week high.
What does USD 160 mean?
TD Cowen's USD 160.00 target was USD 17.27 above the USD 142.73 last quote on October 9, 2026. The comparison places the new Hold view below the USD 161.00 JPMorgan target and USD 178.00 Barclays target reported in October coverage, keeping valuation and execution central to the upcoming results.
October 15 is the next date
Simply Wall St lists October 15, 2026 as the next earnings date. The report will test whether the 10.00 percent to 11.00 percent full-year revenue outlook and the 12.00 percent to 13.00 percent net interest income outlook remain supported by client activity and balance-sheet trends.
BNY Mellon stock stays in a wide range
BNY Mellon stock was trading at EUR 128.50 at Lang & Schwarz on October 12, 2026 at 11:48 a.m. CEST. The primary NYSE quote was USD 142.73 on October 9, 2026, while the 52-week range stood at USD 103.11 to USD 165.84 and market capitalization was USD 98.0 billion on that date.
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 12, 2026, 11:48 a.m. CEST): EUR 128.50
- Market capitalization: USD 98.0 billion (as of October 9, 2026)
- 52-week range: USD 103.11-165.84 (as of October 9, 2026)
- Sector / Industry: Financial Services / Investment Banking and Investment Services
- Next earnings date: October 15, 2026
Market context: Market report S&P 500.
