NEW YORK CITY (dpa-AFX) - The Bank of New York Mellon Corp. (BK) reported fourth quarter earnings $1.43 billion, or $2.02 per share. This compares with $1.13 billion, or $1.54 per share, last year. Adjusted earnings per common share was $2.08 compared to $1.72. Adjusted total revenue increased to $5.18 billion from $4.85 billion, last year.
For fiscal 2026, the company projects total revenue excluding items to rise 5%. For the medium-term, the company expects pre-tax margin excluding notable items of 38%. The company noted that, execution to date and transformation programs underway position BNY for continued operating leverage over the medium-term.
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