BNY Mellon stock falls despite upbeat earnings

Bank of New York Mellon (BK.US) is one of the worst performing stocks during today's trading session, despite the fact that company reported better than expected Q2 results. The bank posted quarterly earnings of $1.01 per share, 10 cents a share above estimates. Revenue also came in above Wall Street forecasts.

“We are seeing momentum across most of our businesses as we continue to drive improved performance and capabilities across the company, and as we benefit from higher volumes and volatility versus a year ago," CEO Todd Gibbons said.

Company's investment and wealth management division revenue decreased by 3% while investment services total revenue increased 3%.

The company sees downside risks for the rest of the year, including economic uncertainty and continued "significant pressure" from low interest rates.

Bank set aside $143 million for credit losses "reflecting increased downgrades and the continuation of the challenging macroeconomic outlook."

Bank of New York Mellon (BK.US) stock price is currently testing the upward trendline. Should a break below the trendline occur, downward move may accelerate. Potential target for sellers is located at $31.44 per share. On the other hand, if the stock price stays above the aforementioned trendline, the buyers may target recent highs at $39.88 per share. Source: xStation5

7 July 2026, 6:02 PM

Uranium stocks after the selloff 📉 Uranium Energy Corp. tumbles 50% from its highs

7 July 2026, 5:16 PM

Nasdaq selloff 🚩 DeepSeek and Samsung earnings reaction sink semiconductor stocks

7 July 2026, 3:32 PM

SpaceX crashes 6% despite a wave of bullish Wall Street initiations 📉

7 July 2026, 2:55 PM

US Open: US100 loses 1% as semiconductors retreat 📉 BigTech stocks and DJIA gain

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days