Earnings summaries and quarterly performance for Bank of New York Mellon.
Executive leadership at Bank of New York Mellon.
Board of directors at Bank of New York Mellon.
Alfred W. Zollar
Director
Elizabeth E. Robinson
Director
Jeffrey A. Goldstein
Director
Joseph Echevarria
Lead Independent Director
K. Guru Gowrappan
Director
Linda Cook
Director
M. Amy Gilliland
Director
Rakefet Russak-Aminoach
Director
Ralph Izzo
Director
Sandie O’Connor
Director
Research analysts who have asked questions during Bank of New York Mellon earnings calls.
Alexander Blostein
Goldman Sachs
6 questions for BK
Betsy Graseck
Morgan Stanley
6 questions for BK
Ebrahim Poonawala
Bank of America Securities
6 questions for BK
David Smith
Truist Securities
5 questions for BK
Brennan Hawken
UBS Group AG
4 questions for BK
Brian Bedell
Deutsche Bank
4 questions for BK
Gerard Cassidy
RBC Capital Markets
4 questions for BK
Glenn Schorr
Evercore ISI
4 questions for BK
Ken Usdin
Autonomous Research
3 questions for BK
Michael Mayo
Wells Fargo
3 questions for BK
Mike Mayo
Wells Fargo
3 questions for BK
James Mitchell
Seaport Global Holdings LLC
2 questions for BK
Rajiv Bhatia
Morningstar
2 questions for BK
Kenneth Usdin
Jefferies
1 question for BK
Steven Chubak
Wolfe Research
1 question for BK
Thomas Leddy
RBC Capital Markets
1 question for BK
Recent press releases and 8-K filings for BK.
- Adam Vos, formerly Global Head of Markets, appointed Global Head of Wealth Solutions to oversee BNY Pershing, the Wove platform, and Archer Managed Account Solutions.
- Jim Crowley, ex-Global Head of BNY Pershing, named Executive Vice Chair to focus on expanding client relationships across all BNY platforms.
- Laide Majiyagbe, previously Global Head of Liquidity, promoted to Global Head of Markets and joined the Executive Committee, overseeing FX, fixed income, equities, liquidity & financing, and execution services.
- The leadership changes aim to integrate wealth solutions and managed account offerings into end-to-end, scalable capabilities for advisors and institutions.
- As of December 31, 2025, BNY manages $59.3 trillion in assets under custody/administration and $2.2 trillion in assets under management.
- $1.25 B of 4.026% Fixed Rate / Floating Rate Callable Senior Medium-Term Notes and $300 M of Floating Rate Callable Senior Medium-Term Notes, both Series J due 2030, were issued on January 22, 2026.
- The Notes were registered under the Securities Act of 1933 pursuant to a Form S-3 registration statement (No. 333-282710).
- Exhibits filed include the Terms Agreement (Exhibit 1.1), legal opinion of Sullivan & Cromwell LLP (Exhibit 5.1), and related consent (Exhibit 23.1), all incorporated by reference into the registration statement.
- Q4 revenue of $5.2 billion (+7% YoY), fee revenue up 5%, net interest income up 13%, and EPS of $2.02 (+31% YoY).
- Full-year 2025 net income of $5.3 billion on record revenue of $20.1 billion (+8% YoY), EPS of $7.40 (+28% YoY), and ROtCE of 26%.
- $5 billion returned to shareholders in 2025 via dividends and share repurchases; CET1 ratio of 11.9% and Tier 1 leverage ratio of 6.0% at year-end.
- 2026 outlook: total revenue growth ~5%, expense growth 3–4%, and >100 bp positive operating leverage; medium-term targets raised to 38% pre-tax margin and 28% ROtCE.
- Q4 2025 revenue of $5.18 bn (+7% YoY) and EPS of $2.02 (+31% YoY); adjusted EPS of $2.08 (+21% YoY).
- Full-year 2025 revenue of $20.08 bn (+8% YoY), net income of $5.31 bn (+22%) and EPS of $7.40 (+28%).
- Q4 pre-tax margin of 36% (adjusted 37%) with 670 bps of operating leverage; full-year pre-tax margin of 35% and operating leverage of 507 bps.
- Returned $1.4 bn to common shareholders in Q4 (dividends of $377 mm; share repurchases of $1.0 bn); full-year total payout ratio of 94%.
- BNY Mellon delivered Q4 revenue of $5.2 billion (+7% YoY) and EPS of $2.02 (+31% YoY; $2.08 excl. notable items, +21% YoY).
- For FY 2025, the firm achieved record revenue of $20.1 billion (+8% YoY), net income of $5.3 billion, and EPS of $7.40 (+28% YoY), with a RoTCE of 26%.
- 2026 outlook calls for ~5% total revenue growth, 3–4% expense growth, and >100 bp of positive operating leverage, with Q1 elevated staff expense and a ~23% quarterly tax rate (Q1 benefit from vesting stock awards).
- Medium-term targets raised to a 38% pre-tax margin and 28% RoTCE, while maintaining a Tier 1 leverage ratio target of 5.5–6%.
- Returned 100% of Q4 earnings via $1.4 billion of capital distributions; buybacks expected to remain in the 95–105% payout range under the firm’s capital philosophy.
- Record FY 2025 net income of $5.3 billion on revenue of $20.1 billion, with EPS up 28% to $7.40 and ROTCE of 26%.
- Q4 2025 revenue of $5.2 billion (+7% YoY), fee revenue +5%, net interest income +13%; expenses flat at $3.4 billion; Q4 EPS $2.02 (+31%).
- 2026 outlook: total revenue growth of ~5%, expenses up 3–4%, targeting >100 bps of positive operating leverage; medium-term targets raised to 38% pre-tax margin and 28% ROTCE.
- Solid capital position with CET1 ratio of 11.9%, Tier 1 leverage ratio 6%, and $1.4 billion returned to shareholders in Q4 via dividends and buybacks.
- Continued strategic progress: deployed >70% of workforce into new platform operating model and enhanced AI capabilities through Eliza, including partnerships with Google Cloud and OpenAI.
- Adjusted EPS of $2.08 topped last year’s $1.72 and adjusted revenue of $5.18 billion delivered a slight top‐line beat
- GAAP net income rose to $1.43 billion ($2.02/share) from $1.13 billion ($1.54/share) a year ago
- Management guided ~5% revenue growth for fiscal 2026, signaled higher expenses and a medium‐term pre-tax margin target of ~38%
- Declared its regular quarterly dividend; stock dipped modestly in pre-market trading despite the earnings beat
- Oversees $52–59 trillion in client assets, with $2 trillion in asset management, a market cap near $84.14 billion and a debt-to-equity ratio of 0.8
- Board declares a $0.53 quarterly common stock dividend, payable February 5, 2026; record date January 23, 2026.
- Declares dividends for noncumulative perpetual preferred shares for the period ending March 2026: $1,105.18 (Series A), $2,312.50 (Series F), $925.00 (Series H), $937.50 (Series I), $3,150.00 (Series J), and $1,537.50 (Series K); payable March 20, 2026; record date March 5, 2026.
- As of December 31, 2025, oversees $59.3 trillion in assets under custody/admin and $2.2 trillion in assets under management.
- 4Q25 revenue of $5.2 bn (+7% YoY), net income of $1.427 bn (+26% YoY) and diluted EPS of $2.02 (+31% YoY).
- Full-year 2025 revenue of $20.1 bn (+8% YoY), net income of $5.306 bn (+22% YoY) and EPS of $7.40 (+28% YoY).
- Pre-tax margin expanded to 36% and ROTCE to 26.6% in 4Q25; full-year 2025 pre-tax margin was 35%, ROTCE 26.1%.
- Assets under custody/administration rose to $59.3 tn (+14% YoY) and assets under management to $2.2 tn (+7% YoY).
- Returned $1.4 bn to common shareholders in 4Q25, including $377 mm of dividends and $1.0 bn of share repurchases; full-year payout ratio 94%.
- As of the end of the current month, the Trust owes PCEC approximately $12.4 million under a letter of credit and promissory note, restricting distributions until this indebtedness is repaid.
- Quarterly GAAP re-evaluations under ASC 410-20 have increased asset retirement obligations by $5.1 million for Developed Properties and $288,000 for Remaining Properties, with an additional $452,000 upward adjustment reflected in the current month’s net profits calculation.
- An arbitration panel has affirmed PCEC’s right to deduct its and the Trustee’s legal fees—totaling over $6 million—from net profits interests, with ongoing deductions further widening the net profits deficit for the Developed Properties.
- Production at the Orcutt fields is down 17% (9,482 barrels) in October 2025 versus December 2022 due to the termination of the Phillips 66 pipeline agreement, and PCEC plans to cease West Pico operations within five years of Q1 2026 CUP approval.
- A whistleblower retaliation lawsuit filed by a former employee will proceed after the court denied PCEC’s motion to dismiss, and the Trustee is independently investigating the SEC complaint allegations.
Quarterly earnings call transcripts for Bank of New York Mellon.
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