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.

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

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 ...

Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC ...

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 ...

Shares of Bank of New York Mellon Corp (BNY) rose 4.7% on Wednesday after the bank beat Wall Street estimates for ...

Global markets showed marginal gains ahead of U.S. consumer price data that could potentially shift the monetary policy ...

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December ...

ByInvesting.com• Jan 15, 2025 Earnings call transcript: Wells Fargo Q3 2024 earnings ... 2025 Earnings call transcript: BNY Mellon beats Q4 2024 EPS forecast, stock rises BNY Mellon reported ...

Further, total non-interest expenses (GAAP basis) were $3.36 billion for BNY Mellon, down 16%. The decline was due to a fall in costs related to staff charges, net occupancy charges, distribution ...