Bank of New York Beats Q3 Expectations and Raises Guidance

Bank of New York reported third-quarter financial results on October 15, 2026, exceeding analyst expectations for both revenue and earnings. The bank's revenue rose 12% year-over-year to $5.7 billion, while adjusted earnings per share increased 24% to $2.37.

Growth was driven by a 15% increase in net-interest income and strong fee-based revenue, specifically within the securities services and market and wealth services segments. During the quarter, the bank returned $1.4 billion to shareholders through dividends and buybacks.

Following the results, management raised full-year guidance, projecting total revenue growth of 12% to 13% and a 15% increase in net-interest income. Bank of New York stock rose more than 3% after the announcement.