BNY Raises 2026 Revenue Outlook as Third-Quarter Revenue Rises 12%
Photo: TokenPost
Shares of The Bank of New York Mellon Corporation (BNY) advanced about 3% on Oct. 15 as the bank raised its 2026 revenue outlook, with annual growth projected near the midpoint of a 12% to 13% range, depending on market conditions. The revenue projection excludes notable items. BNY also expects net interest income to increase 15% for the full year and nearly 500 basis points of positive operating leverage, meaning revenue growth is expected to outpace expense growth. Chief Executive Robin Vince described the operating environment as “overall constructive but uneven.” For the quarter ended Sept.
Source: TokenPost
