Truist cuts BNY Mellon target from USD 178 to USD 172 for BNY Mellon stock
Published on 10/01/2026 at 12:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Truist Financial cut its price target for The Bank of New York Mellon Corporation from USD 178.00 to USD 172.00 while maintaining a Buy rating, according to MarketBeat on September 25, 2026. BNY Mellon stock was at EUR 128.50 at Lang & Schwarz on October 1, 2026, giving investors a live euro reference alongside the lower dollar target.
Target cut follows strong results
The target change came after BNY Mellon reported second-quarter 2026 earnings per share of USD 2.46, compared with a USD 2.16 consensus estimate, according to MarketBeat. The USD 0.30 earnings-per-share gap shows that the target cut was not tied to a reported quarterly miss.
Revenue reached USD 5.70 billion in the second quarter of 2026 against USD 5.35 billion expected, while revenue increased 13.30 percent from the same quarter a year earlier, MarketBeat reported. That combination points to a valuation and expectations debate rather than a deterioration visible in the latest revenue comparison.
October results set the next test
The next report is scheduled for October 15, 2026, for the third quarter of 2026, with consensus revenue of USD 5.54 billion and earnings per share of USD 2.27, according to TradingView. That forecast is below the second-quarter revenue figure of USD 5.70 billion, making the October release a clear test of whether the recent earnings level is sustained.
BNY describes its platform as serving clients across payments, custody, liquidity, execution, data and analytics, and wealth services. The company says it had USD 62.60 trillion in assets under custody or administration and USD 2.20 trillion in assets under management as of June 30, 2026, according to BNY.
BNY Mellon stock stays within yearly range
MarketBeat listed a USD 103.11 to USD 165.84 52-week range and a USD 101.49 billion market capitalization on September 25, 2026, for the NYSE-listed stock. The euro quotation stood at EUR 128.50 at Lang & Schwarz on October 1, 2026 at 12:00 p.m. CEST, versus a prior close of EUR 127.50 and a daily change of plus 0.78 percent. 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 1, 2026, 12:00 p.m. CEST): EUR 128.50
- Change versus prior close: plus 0.78 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 127.50
- Market capitalization: USD 101.5 billion (as of September 25, 2026)
- 52-week range: USD 103.11-165.84 (as of September 25, 2026)
- Sector / Industry: Financial Services / Investment Banks and Brokers
- Index membership: S&P 500
- Next earnings date: October 15, 2026
