BNY Mellon stock rises after a prime rate hike

Published on 09/17/2026 at 21:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNY Mellon stock closed at USD 157.66 on September 14, 2026, after a 3.07 percent drop. On September 16, 2026, BNY lifted its prime lending rate from 6.75 percent to 7.00 percent.

Fotorealistisches Hochhaus der Bank im Finanzdistrikt New Yorks bei Abendsonne — Bank of New York Mellon Hauptquartier in Manhattan – Aktie US0640581007 im Finanzdistrikt, Illustration mit AI erstellt.

The Bank of New York Mellon Corporation (ISIN US0640581007) stock closed at USD 157.66 on September 14, 2026, after falling 3.07 percent from the prior session to USD 162.66.

Prime rate moves first

On September 16, 2026, BNY said it would raise its prime lending rate by 0.25 percentage point, from 6.75 percent to 7.00 percent, effective September 17, 2026, according to Futu News. The move matters because it changes the benchmark that shapes lending income and customer borrowing costs.

For the same trading day, BNY Mellon stock was below its 52-week high of USD 165.84, and Barchart said the shares had gained 6.2 percent over the past three months. That combination points to a stock that still trades with a gap to its recent peak.

Price and valuation

Fidelity International updated its valuation page for Bank of New York Mellon Corp on September 17, 2026, and showed a price of USD 152.78 and a buy level of USD 152.81 at 16:21 EDT, while MarketBeat-style coverage cited a consensus Moderate Buy rating with an average target price of USD 170.81.

As of September 17, 2026, that leaves BNY Mellon stock below the cited consensus target and close to the latest valuation snapshot.

Latest market level

BNY Mellon stock stood at USD 157.66 on the New York Stock Exchange on September 14, 2026, with volume around 3.39 million shares and a prior close of USD 162.66. The price was still under the recent 52-week high of USD 165.84.