Overview * BNY Q3 revenue rises 9% yr/yr to $5.1 bln * Diluted EPS for Q3 up 25% yr/yr to $1.88 * Company returns $1.2 bln to shareholders via dividends and buybacks Outlook * Company did not provide specific guidance for future quarters or full year Result Drivers * SEGMENT GROWTH - Revenue growth driven by broad-based growth in Securities Services and Market and Wealth Services segments * TRANSFORMATION PROGRAMS - Core transformation programs are enhancing sales momentum and multi-product solutions Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 $5.08 Revenue bln Q3 EPS $1.88 Q3 Net $1.33 Income bln Q3 Net $1.23 Interest bln Income Q3 CET1 11.70% Capital Ratio Q3 Fee $3.63 Revenue bln Analyst Coverage * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell" * The average consensus recommendation for the investment management & fund operators peer group is "buy" * Wall Street's median 12-month price target for Bank of New York Mellon Corp is $118.00, about 7.7% above its October 15 closing price of $108.93 * The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
