Bank of New York Mellon Q1 EPS $2.25, $5.41B Revenue and $149 Price Target
Barclays raised its price target for The Bank of New York Mellon to $149, implying 10.5% upside from a $134.84 share price. In Q1 2026, the bank delivered EPS of $2.25 (vs. $1.94 est) and record revenue of $5.41B (+13% yoy), integrated 200 AI solutions and returned $1.40B to shareholders.
1. Analyst Raises Price Target
Barclays increased its price target for The Bank of New York Mellon to $149, reflecting a 10.5% potential gain based on a $134.84 share price at the time of the upgrade.
2. Q1 Financial Outperformance
In the first quarter of 2026, the bank reported earnings per share of $2.25, surpassing estimates of $1.94, alongside record revenue of $5.41 billion driven by an 11% rise in fee revenue and an 18% increase in net interest income.
3. Operational Enhancements and Capital Return
The bank integrated over 200 AI solutions to boost productivity, recorded a 5% increase in operating expenses from investments and merit raises, and returned $1.40 billion to shareholders through dividends and buybacks.