BNY Mellon stock prices USD 1.25 billion offer pre-market
Published on 10/20/2026 at 08:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPreferred offering and trading setup
- BNY announced a USD 1.25 billion preferred-stock offering on October 19, 2026.
- The offering is expected to close on October 28, 2026.
- BNY Mellon stock trades pre-market at EUR 128.00 at 8:42 a.m. CEST at Lang & Schwarz on October 20, 2026.
On October 19, 2026, The Bank of New York Mellon Corporation announced the pricing of a USD 1.25 billion public offering of depositary shares representing interests in Series O noncumulative perpetual preferred stock, according to FT.com. At 8:42 a.m. CEST on October 20, 2026, BNY Mellon stock traded pre-market at EUR 128.00 at Lang & Schwarz.
Preferred-stock offering
The offering covers 1,250,000 depositary shares priced at USD 1,000 each. The depositary shares represent interests in Series O preferred stock with a 7.125 percent annual dividend rate through December 20, 2031, after which the rate resets to the five-year Treasury rate plus 2.192 percent. The offering is expected to close on October 28, 2026, and BNY said proceeds are intended for general corporate purposes. The details were published by FT.com.
Ahead of the Xetra open
The Lang & Schwarz bid was EUR 127.00 and the ask was EUR 129.00, a spread of 1.56 percent. The further course from the Xetra open at 9:00 a.m. CET/CEST is shown by the continuously updated real-time quote of BNY Mellon stock.
How BNY Mellon makes money
BNY Mellon earns fees from services including custody, payments, investment management, clearing, financing and wealth management, as described on the company's website. The preferred-stock offering is expected to close on October 28, 2026. Market context: Market report S&P 500.
