BlackRock New York Municipal Income Trust

BlackRock New York Municipal Income Trust

BNY

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Market Cap$98.64B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
BlackRock New York Municipal Income TrustBlackRock New York Municipal Income Trust16.51.59%-2.8-

Earnings Call Q2 2026

July 15, 2026 - AI Summary

Strong Q2 performance + operating leverage (good) - EPS: $2.45 (+27% YoY) (notable items: $2.46; “excluding notable items” essentially flat vs reported). - Revenue: $5.7B (+13% YoY, record) with broad-based growth across businesses. - Operating leverage: ~600 bps positive → pre-tax margin 40% and ROTC E 31%. - Expenses: $3.4B (+7% YoY); 3/4 of the increase is revenue-related expenses, remaining is investments + salary increases partly offset by efficiency.
Segment momentum across the platform (good) - Security Services revenue: $2.8B (+15% YoY); asset servicing fees +12%, issuer services +23%, ETF AUC/A $4.4T (+35% YoY), alternatives +17% YoY. - Market & Wealth Services revenue: $2.0B (+12% YoY); clearance & collateral fees +18%; avg collateral $8.2T (+16% YoY) and double-digit growth in daily clearing volumes; payments & trade fees +7% (e.g., 24/7 USD transfers). - Investment & Wealth Management revenue: $863M (+8% YoY); net inflows $3B (offsetting some LDI index + equity outflows). - Notable “multi-line” effectiveness: >half of asset servicing new wins also included at least one additional BNY line of business.
Digital assets + “always-on” infrastructure thesis (opportunity) - Expanded Circle relationship to combine institutional digital asset custody + mint-and-burn USDC capabilities under one operating model (aim: smoother movement between traditional and blockchain networks). - Management framed growth as part of a broader shift to an always-on financial ecosystem (payments, liquidity, collateral, tokenization, digital cash) where BNY positions itself as trusted infrastructure. - AI positioned as long-term value engine across three dimensions: running the firm better, improving client products/experiences, and expanding the “perimeter” for new capabilities.

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$164.29

Target Price by Analysts

19.4% upsideBlackRock New York Municipal Income Trust Target Price DetailsTarget Price
$316.10

Current Fair Value

129.6% upside

Undervalued by 129.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$98.64 Billion
Enterprise Value$98.64 Billion
Dividend Yield$2.27 (1.59%)
Earnings per Share$7.46
Beta1.05
Outstanding Shares691,178,000

Return

Return on EquityNaN%ROE
Return on Assets74105.88%
Return on Invested Capital93529.41%

Valuation & Multiples

P/E Ratio16.54P/E Ratio
PEG69.63PEG
Price to Sales2.75Price to Sales
Price to Book Ratio-Price to Book Ratio
Enterprise Value to Revenue2.83
Enterprise Value to EBIT12.41
Enterprise Value to Net Income15
Total Debt to Enterprise0
Debt to Equity-Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 15, 2026
EPS Estimate
$2.23
Average shareholder expectation
Revenue Estimate
$5.40 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 15, 2026
EPS Estimate
$2.27
Average shareholder expectation
Revenue Estimate
$5.55 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.00000%
Total Calls-
Total Puts-

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %27.08%▲ 26.28%
Total Invested$66.23M▲ 15.07%
Investors Holding57▲ 7.00%

ESG Score

No data

About Bank Of New York Mellon Corp

48,400 employees
CEO: Thomas Gibbons

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual ...