BNY falls as profitability target raise fails to impress

Shares of BNY BK.N, the oldest U.S. bank, fall 1% to $119.40 premarket

BK raises its closely watched profitability target and posts a 26.5% jump in Q4 profit

"While mgmt's updated targets represent continued progress, the bar is clearly higher and investors may view these numbers as largely baked in," Evercore ISI analysts say in a note

For the full year 2025, the company hauled in record revenue and profit

Profit applicable to BNY shareholders came in at $1.43 billion, or $2.02 per share in Q4, compared with $1.13 billion, or $1.54 per share, a year earlier.

12 of 18 brokerages rate the stock "buy" or higher, six "hold"; their median PT is $131.50

BK stock rose over 51% in 2025