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BNY Raises Targets Amid Confidence in Future Growth

1/13/2026

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Summary

Story summary

BNY is raising its medium-term targets for pretax margin to 38% and return on tangible common equity to 28%, reflecting a three- to five-year outlook.
CEO Robin Vince, who became head in 2022, attributes the move to a turnaround started three years ago.
Vince also expressed confidence in the bank's future potential and cited a strong track record of execution.
The targets are influenced by deregulatory efforts during the Trump administration.

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Story summary

BNY is raising its medium-term targets for pretax margin to 38% and return on tangible common equity to 28%, reflecting a three- to five-year outlook.
CEO Robin Vince, who became head in 2022, attributes the move to a turnaround started three years ago.
Vince also expressed confidence in the bank's future potential and cited a strong track record of execution.
The targets are influenced by deregulatory efforts during the Trump administration.