Fee revenue climbed 12% year over year to $4.08 billion, beating on both lines and stretching the EPS beat streak to four quarters. Custody banks have been grinding toward record highs, and this keeps the case intact.
Latest Activity
Mad Money w/ Jim Cramer 9/29/26
- Cramer says the 30-year Treasury yield is the highest in 24 years, with over 40% of S&P 500 names in a bear market
- Public backlash against AI and data centers is the new narrative risk that could make October ugly
- Goldman Sachs called the most beaten-down of a caller's bank ideas alongside Capital One and BNY Mellon
- Interviews with Meta's Dina Powell McCormick on its AI agent Muse and BWX Technologies on its new long-term strategy
Cramer's message: public perception is now the AI trade's problem, and he thinks that plus long-end yields sets up a rough October. He still wants Goldman Sachs on weakness, calling it the most beaten-down of the bank names raised by a caller.
BK Coverage
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Buy, Sell or Hold: XRP at $3.50
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Earnings Previews: Bank of America, Bank of New York Mellon, Charles Schwab, Lockheed Martin, Morgan Stanley
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Interest Rates Headed Higher Again Soon: 7 ‘Strong Buy’ Warren Buffett Dividend Stocks Will Benefit
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