BNY NYSE Asset Management & Custody Banks Financials FY2016βFY2025
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.
Hi! I read BNY Mellonβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+7.9%
Yes. Sales grew 7.9% last year.
Does it make a profit?
27.6%
Yes. It keeps 27.6% of every sale as profit.
How lean are its costs?
65.0%
Costly. Running costs take 65.0% of revenue.
How much does it earn on its capital?
13.0%
Good. It earns 13.0% a year on shareholdersβ money.
How is the share priced?
17.2x
One share costs 17.2 times its yearly profit per share. Typical for its sector: 13.7x.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA summarises the numbers
BNY Mellon had $20.1B of revenue in fiscal 2025, up 7.9% on the year before.
Over five years, revenue changed +4.9% a year on average.
Revenue
Revenue
Net interest income share and efficiency ratio
Net interest income share and efficiency ratio
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Loss periods are shown in red.
KIRA summarises the numbers
BNY Mellon made $5.5B of net profit in fiscal 2025.
From fiscal 2016 to 2025, diluted EPS grew 10.0% a year.
Net income
Net income
Diluted EPS
Diluted EPS
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
How much cash comes in, and where does it go?
KIRA summarises the numbers
BNY Mellon returned $5.0B to shareholders in fiscal 2025.
The diluted share count fell 4.2%.
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
KIRA summarises the numbers
In the last 12 months, insiders sold $12.6M of shares on the open market and bought none.
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 | J Kevin McCarthySEVP & General Counsel | Sold | 30,000 | $136.50 | $4.1M | Form 4 |
| Apr 17, 2026 | Kurtis R. KurimskyCorporate Controller | Sold | 5,290 | $136.02 | $0.7M | Form 4 |
| Apr 17, 2026 | Shannon Marie HobbsSenior Executive VP | Sold | 297 | $137.05 | $0.0M | Form 4 |
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Can it carry its debts, and how well does it use its money?
Loans, deposits and capital at each fiscal year end.
Loans and deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | β | β | $66.6B | $71.3B | $80.4B |
| Deposits | $319.7B | $279.0B | $283.7B | $289.5B | $331.9B |
| Loans / deposits | β | β | 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 | β | β | β | 0.1% | β0.0% |
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
KIRA summarises the numbers
It earned 13.0% on shareholdersβ money.
Running costs took 65.0% of revenue (the efficiency ratio; lower is better).
Return on equity, return on tangible equity and efficiency ratio
In plain words: Return on equity is the profit made on shareholdersβ money each year. The efficiency ratio is how much of each dollar of revenue goes on running costs, so lower is better.
What does the share cost, and how does it compare?
What could happen to the share if things go badly, normally or very well? Pick a story or make your own. These are examples, not forecasts or price targets.
KIRA summarises the numbers
At $147.58 a share, the company is worth $105.8B: 17.2 times its earnings of the last four quarters.
Tap one to see how it is built. Swipe for more.
Share in 5 years
$192.54
+5% a year
If you put in $1,000 today: $1,305
At 16x, earnings only need to grow 1.5% a year for the share to be worth todayβs price in 5 years. Faster, you gain; slower, you lose.
These are examples, not forecasts: nobody knows which will happen. Price in 5 years = earnings per share then Γ the P/E then. Dividends are not included.
Value per share
β
Reference multiples: today 16.9x Β· peers 13.3x Β· sector 13.7x.
In plain words: In the long run a share tends to follow two things: how much the company earns per share, and how many times those earnings the market is willing to pay (the P/E). Move those two levers and you see what the share could be worth. Different guesses give very different answers.
Each companyβs latest fiscal year. Fiscal years end in different months, so periods donβt line up exactly.
KIRA summarises the numbers
BNY Mellon grew sales faster than 3 of its 4 similar companies.
Its P/E is higher than 3 of 3.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| BNY Mellon BNY | $105.8B | 7.9% | β | β | β | 17.2x | β | |
| Ameriprise Financial AMP | $48.4B | 5.5% | β | β | β | 11.9x | β | Compare β |
| State Street STT | $49.4B | 7.3% | β | β | β | 15.1x | β | Compare β |
| Northern Trust NTRS | $32.7B | β2.5% | β | β | β | β | β | Compare β |
| Truist Financial TFC | $63.2B | 53.0% | β | β | β | 11.1x | β | Compare β |
In plain words: The same numbers for similar companies, so you can tell whether a figure is high or low for this kind of business.
Every number, year by year.
Amounts in USD. Hover a ratioβs 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 | β$11.0M | β$24.0M | β$11.0M | β$25.0M | $336M | β$231M | $39.0M | $119M | $70.0M | β$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 | β | β | β | β | β | β | β | $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 | β | β | β | $66.6B | $71.3B | $80.4B |
| Deposits | β | β | β | β | $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% | β4.0% | 0.8% | 3.8% | 7.1% | 5.2% | 7.9% |
| Net income growth | 12.3% | 15.3% | 4.3% | 4.1% | β18.6% | 3.9% | β32.0% | 29.2% | 37.2% | 22.5% |
| EPS growth | 16.2% | 18.1% | 8.6% | 11.6% | β15.1% | 8.1% | β30.4% | 35.1% | 49.1% | 27.6% |
| Share count change | β3.6% | β3.0% | β3.2% | β6.4% | β5.4% | β4.1% | β4.9% | β3.3% | β5.0% | β4.2% |
| Financial health | ||||||||||
| Loans / deposits | β | β | β | β | β | β | β | 23.5% | 24.6% | 24.2% |
| Provision / loans | β0.0% | β0.0% | β0.0% | β0.0% | β | β | β | β | 0.1% | β0.0% |
| Capital allocation | ||||||||||
| Stock comp / revenue | β | β | β | β | β | β | β | 0.0% | 0.0% | 0.0% |
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
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 β not investment advice. Check the original filings before relying on any figure.
