BNY Mellon (BK) Q3 Earnings: What To Expect

Global financial services company BNY Mellon (NYSE:BK) will be reporting results this Thursday before market hours. Here’s what investors should know.

BNY Mellon beat analysts’ revenue expectations by 3.9% last quarter, reporting revenues of $5.03 billion, up 9.4% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ revenue estimates and a beat of analysts’ EPS estimates.

Is BNY Mellon a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting BNY Mellon’s revenue to grow 6.8% year on year to $4.96 billion, improving from the 5.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.77 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. BNY Mellon has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2.4% on average.

Looking at BNY Mellon’s peers in the capital markets segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Jefferies delivered year-on-year revenue growth of 21.6%, beating analysts’ expectations by 8.4%, and Goldman Sachs reported revenues up 19.6%, topping estimates by 6.8%. Jefferies traded down 1.9% following the results.

Read our full analysis of Jefferies’s results here and Goldman Sachs’s results here.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the capital markets stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.6% on average over the last month. BNY Mellon is up 1.1% during the same time and is heading into earnings with an average analyst price target of $114.80 (compared to the current share price of $107.58).

P.S. While everyone's chasing Nvidia, we found a hidden AI semiconductor winner trading at a fraction of the price. See our #1 pick before Wall Street catches on.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.