Bank of New York Mellon: 3 Key Takeaways for Long-Term Investors

Bank of New York Mellon reported strong Q3 2026 results with 24% year-over-year EPS growth to $2.34 and $63.4 trillion in assets under custody. The bank raised its operating leverage target to 500 basis points, driven by revenue growth outpacing expense increases. Key growth drivers include AI deployment through its Eliza platform for process automation and expansion into blockchain-based digital transfer agency services for tokenized assets.