BNY Mellon
BNY NYSE Asset Management & Custody Banks Financials FY2016–FY2025
BNY Mellon's revenue rose 7.8% to $20.1 billion in fiscal 2025. Net income was $5.5 billion, up 22.5%. Its return on equity was 13.0%, up from 11.0% a year earlier. Its efficiency ratio was 65.0%, down from 68.2% a year earlier. It paid out $5.0 billion in dividends and buybacks. The diluted share count fell 4.2%.
What BNY Mellon does
BNY, whose legal name is The Bank of New York Mellon Corporation, is a financial services company that holds, moves and manages money and securities for other institutions and wealth clients. Its customers include investment managers, banks, corporations, governments, pension plans and wealthy individuals. It is based in New York and has been in business since 1784. At the end of 2025 it had $59.3 trillion in assets under custody and/or administration, which means assets it safeguards or services for clients, and $2.2 trillion in assets under management, which are assets it invests for clients.
It reports three segments. Securities Services handles asset servicing, such as custody and fund accounting, and issuer services, such as corporate trust and depositary receipts. Market and Wealth Services includes Pershing, which provides clearing and other services to brokers and advisors, plus payments, trade and collateral management. Investment and Wealth Management runs asset management and wealth management for individuals and families. An Other segment covers treasury activities and corporate investments.
BNY earns much of its revenue from fees for these services. It had approximately 48,100 full-time employees at the end of 2025, and about 60% of its employees were based outside the U.S. It competes with domestic and international financial services firms, asset managers, trust banks and technology service providers.
- Legal name
- Bank of New York Mellon Corp
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Accession · CIK
- 0001390777-26-000033
0001390777
Revenue and margins
BNY Mellon had $20.1B of revenue in fiscal 2025, up 7.9% on the year before.
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 10.0% a year. Loss periods are shown in red.
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
Dividends, buybacks and share count
BNY Mellon returned $5.0B to shareholders in fiscal 2025. The diluted share count fell 4.2%.
Value BNY Mellon yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets — the answer depends entirely on what you put in.
Earnings multiple
Value per share
—
Reference multiples: today 16.9x · peers 13.3x · sector 13.7x.
Balance sheet
Loans, deposits and capital at each fiscal year end.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | — | — | $66.6B | $71.3B | $80.4B |
| Deposits | $319.7B | $279.0B | $283.7B | $289.5B | $331.9B |
| Loans / deposits | — | — | 23.5% | 24.6% | 24.2% |
| Total assets | $444.4B | $405.6B | $409.9B | $416.1B | $472.3B |
| Shareholders' equity | $43.0B | $40.7B | $40.8B | $41.3B | $44.3B |
| Goodwill | $17.5B | $16.2B | $16.3B | $16.6B | $16.8B |
| Intangible assets | $3.0B | $2.9B | $2.9B | $2.9B | $2.8B |
| Provision / loans | — | — | — | 0.1% | −0.0% |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$12.6M
6 insiders
Of sales under plans
9%
$1.1M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 28, 2026 | Jose MinayaSenior Executive VP | Sold plan | 3,520 | $148.79 | $0.5M | Form 4 |
| Aug 27, 2026 | Jose MinayaSenior Executive VP | Sold plan | 3,520 | $162.64 | $0.6M | Form 4 |
| Jul 29, 2026 | Dermot McDonoghChief Financial Officer | Sold | 31,800 | $155.26 | $4.9M | Form 4 |
| Apr 17, 2026 | Alejandro PerezSr. Executive Vice President | Sold | 12,504 | $137.01 | $1.7M | Form 4 |
| Apr 17, 2026 | Kurtis R. KurimskyCorporate Controller | Sold | 5,290 | $136.02 | $0.7M | Form 4 |
| Apr 17, 2026 | McCarthy J KevinSEVP & General Counsel | Sold | 30,000 | $136.50 | $4.1M | Form 4 |
| Apr 17, 2026 | Shannon Marie HobbsSenior Executive VP | Sold | 297 | $137.05 | $0.0M | Form 4 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| BNY Mellon BNY | $104.1B | 7.9% | — | — | — | 16.9x | — | |
| Ameriprise Financial AMP | $48.3B | 5.5% | — | — | — | 11.9x | — | Compare → |
| State Street STT | $48.5B | 7.3% | — | — | — | 14.8x | — | Compare → |
| Northern Trust NTRS | $32.3B | −2.5% | — | — | — | — | — | Compare → |
| Truist Financial TFC | $63.1B | 53.0% | — | — | — | 11.1x | — | Compare → |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $15.2B | $15.5B | $16.4B | $16.5B | $15.8B | $15.9B | $16.5B | $17.7B | $18.6B | $20.1B |
| Net interest income | $3.1B | $3.3B | $3.6B | $3.2B | $3.0B | $2.6B | $3.5B | $4.3B | $4.3B | $4.9B |
| Noninterest income | $12.1B | $12.2B | $12.8B | $13.3B | $12.8B | $13.3B | $13.0B | $13.4B | $14.3B | $15.1B |
| Noninterest expense | $10.5B | $11.0B | $11.2B | $10.9B | $11.0B | $11.5B | $13.0B | $13.3B | $12.7B | $13.1B |
| Provision for credit losses | −$11.0M | −$24.0M | −$11.0M | −$25.0M | $336M | −$231M | $39.0M | $119M | $70.0M | −$32.0M |
| Pretax income | $4.7B | $4.6B | $5.2B | $5.6B | $4.5B | $4.6B | $3.5B | $4.3B | $5.8B | $7.1B |
| Income tax | $1.2B | $496M | $938M | $1.1B | $842M | $877M | $937M | $979M | $1.3B | $1.5B |
| Net income | $3.5B | $4.1B | $4.3B | $4.4B | $3.6B | $3.8B | $2.6B | $3.3B | $4.5B | $5.5B |
| Net income to common | $3.4B | $3.9B | $4.1B | $4.3B | $3.4B | $3.6B | $2.3B | $3.1B | $4.3B | $5.3B |
| Diluted EPS | $3.15 | $3.72 | $4.04 | $4.51 | $3.83 | $4.14 | $2.88 | $3.89 | $5.80 | $7.40 |
| Diluted shares | 1.07B | 1.04B | 1.01B | 0.94B | 0.89B | 0.86B | 0.81B | 0.79B | 0.75B | 0.72B |
| Cash flow | ||||||||||
| Stock-based compensation | — | — | — | — | — | — | — | $0.0M | $0.0M | $1.0M |
| Share buybacks | $2.4B | $2.7B | $3.3B | $3.3B | $989M | $4.6B | $124M | $2.6B | $3.1B | $3.5B |
| Dividends paid | $778M | $901M | $1.1B | $1.1B | $1.1B | $1.1B | $1.2B | $1.3B | $1.3B | $1.4B |
| Dividends and buybacks | $3.2B | $3.6B | $4.3B | $4.4B | $2.1B | $5.7B | $1.3B | $3.9B | $4.4B | $5.0B |
| Balance sheet | ||||||||||
| Loans, net | $64.5B | $61.5B | $56.6B | $55.0B | — | — | — | $66.6B | $71.3B | $80.4B |
| Deposits | — | — | — | — | $341.5B | $319.7B | $279.0B | $283.7B | $289.5B | $331.9B |
| Goodwill | $17.3B | $17.6B | $17.4B | $17.4B | $17.5B | $17.5B | $16.2B | $16.3B | $16.6B | $16.8B |
| Intangible assets | $3.6B | $3.4B | $3.2B | $3.1B | $3.0B | $3.0B | $2.9B | $2.9B | $2.9B | $2.8B |
| Total assets | $333.5B | $371.8B | $362.9B | $381.5B | $469.6B | $444.4B | $405.6B | $409.9B | $416.1B | $472.3B |
| Preferred stock | $3.5B | $3.5B | $3.5B | $3.5B | $4.5B | $4.8B | $4.8B | $4.3B | $4.3B | $4.8B |
| Shareholders' equity | $38.8B | $41.3B | $40.6B | $41.5B | $45.8B | $43.0B | $40.7B | $40.8B | $41.3B | $44.3B |
| Margins | ||||||||||
| Net margin | 23.3% | 26.3% | 26.0% | 27.0% | 22.9% | 23.6% | 15.5% | 18.7% | 24.3% | 27.6% |
| Net interest share of revenue | 20.6% | 21.3% | 22.0% | 19.4% | 18.8% | 16.4% | 21.2% | 24.6% | 23.2% | 24.6% |
| Efficiency ratio | 69.2% | 70.5% | 68.4% | 66.2% | 69.6% | 72.3% | 78.7% | 75.1% | 68.2% | 65.0% |
| Returns | ||||||||||
| Return on equity | 9.2% | 10.2% | 10.4% | 10.8% | 8.3% | 8.5% | 6.1% | 8.1% | 11.0% | 13.0% |
| Return on assets | 1.0% | 1.2% | 1.2% | 1.2% | 0.9% | 0.8% | 0.6% | 0.8% | 1.1% | 1.3% |
| Return on tangible equity | 24.1% | 25.2% | 24.6% | 25.2% | 17.9% | 18.5% | 13.6% | 18.0% | 24.9% | 28.4% |
| Growth | ||||||||||
| Revenue growth | 0.6% | 2.2% | 5.5% | 0.4% | −4.0% | 0.8% | 3.8% | 7.1% | 5.2% | 7.9% |
| Net income growth | 12.3% | 15.3% | 4.3% | 4.1% | −18.6% | 3.9% | −32.0% | 29.2% | 37.2% | 22.5% |
| EPS growth | 16.2% | 18.1% | 8.6% | 11.6% | −15.1% | 8.1% | −30.4% | 35.1% | 49.1% | 27.6% |
| Share count change | −3.6% | −3.0% | −3.2% | −6.4% | −5.4% | −4.1% | −4.9% | −3.3% | −5.0% | −4.2% |
| Financial health | ||||||||||
| Loans / deposits | — | — | — | — | — | — | — | 23.5% | 24.6% | 24.2% |
| Provision / loans | −0.0% | −0.0% | −0.0% | −0.0% | — | — | — | — | 0.1% | −0.0% |
| Capital allocation | ||||||||||
| Stock comp / revenue | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
Source: SEC EDGAR XBRL filings (CIK 0001390777). Data updated October 9, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.