BNY Mellon's Strong Performance: Outperforming Market

Bank of New York Mellons stock soars, outperforming the market by a significant margin, with a forty-four percent gain over the past year. Despite a slight dip following third-quarter results, the banks revenue and earnings per share surpassed expectations. However, flat assets under management and a decline in deposits raise concerns. Analysts predict a twenty-two point one percent increase in adjusted earnings per share for the full fiscal year 2025, with a Moderate Buy consensus rating and a modest price target premium.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.