The Bank of New York Mellon Corp. (BK) reported fourth quarter earnings $1.43 billion, or $2.02 per share. This compares with $1.13 billion, or $1.54 per share, last year. Adjusted earnings per common share was $2.08 compared to $1.72. Adjusted total revenue increased to $5.18 billion from $4.85 billion, last year.
For fiscal 2026, the company projects total revenue excluding items to rise 5%. For the medium-term, the company expects pre-tax margin excluding notable items of 38%. The company noted that, execution to date and transformation programs underway position BNY for continued operating leverage over the medium-term.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.