Wells Fargo analyst Mike Mayo raised the firm’s price target on BNY Mellon (BK) to $86 from $82 and keeps an Equal Weight rating on the shares.

Shares of Bank of New York Mellon Corp (BNY) rose 4.7% on Wednesday after the bank beat Wall Street estimates for fourth-quarter earnings, driven by higher fee revenue. The lender reported adjusted earnings of $1.

Bank of New York Mellon Corp. provided additional strength to financial stocks as the firm posted record 2024 revenue of $18.6 billion and delivered better-than-expected fourth-quarter results. "We enter 2025 with strong momentum,

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Morgan Stanley (MS) and Bank of America (BAC) are scheduled to announce quarterly results on July 16. What to watch for:Stay Ahead of the

JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall appeared to exude “animal spirits.”

U.S. stocks were higher, with the Dow Jones index gaining over 650 points on Wednesday. Shares of Citigroup Inc. C rose sharply during Wednesday's session after the company reported better-than-expected fourth-quarter financial results and announced a $20 billion buyback.

Investors in bank stocks keep getting rewarded. For now. Big banks reported strong fourth-quarter and full-year financial results on Wednesday. The KBW Nasdaq Bank Index saw its largest gain since the day after the presidential election.

Here are some of the biggest premarket US stock movers today: Goldman Sachs (NYSE: GS) stock rose 2.2% after the investment bank’s profit more than doubled in the fourth quarter, driven by strong reading results.

Bank of New York Mellon (NYSE:BK – Get Free Report) had its target price increased by research analysts at Wells Fargo & Company from $82.00 to $86.00 in a research report issued to clients and ...

Our opinions are our own. Wells Fargo launched the Attune card in June 2024 to encourage the health and wellness of the self, one’s pets and the planet. For a $0 annual fee, the card earns an ...

BNY Mellon Core Plus Fund earns an Average Process Pillar rating. The most significant contributor to the rating is the fund's strong long-term risk-adjusted performance. This can be seen in its ...