Bank of New York Mellon Corp BNY
The Bank of New York Mellon Corporation, a Delaware corporation (NYSE symbol: BK), is a global financial services platforms company headquartered in New York, New York, with $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management as of Dec. 31, 2025. With its subsidiaries, BNY has been in business since 1784.
We divide our businesses into three principal business segments: Securities Services, Market and Wealth Services and Investment and Wealth Management. We also have an Other segment, which includes the corporate treasury activities (including our securities portfolio), tax credit investments and other corporate investments, corporate and bank-owned life insurance, derivatives and other trading activity, and certain business exits.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.08B | $18.62B | $17.70B | $16.53B | $15.93B | $15.81B | $16.46B | $16.39B | $15.54B | $3.58B |
| Interest expense | $4.94B | $4.31B | $4.34B | $3.50B | $227.0M | $1.13B | $4.36B | $2.82B | $1.07B | $437.0M |
| Pre-tax income | $7.02B | $5.83B | $4.28B | $3.49B | $4.64B | $4.46B | $5.56B | $5.20B | $4.59B | $4.72B |
| Income tax | $1.48B | $1.30B | $979.0M | $937.0M | $877.0M | $842.0M | $1.12B | $938.0M | $496.0M | $1.18B |
| Net income | $5.55B | $4.53B | $3.30B | $2.56B | $3.76B | $3.62B | $4.44B | $4.27B | $4.09B | $3.55B |
| EPS, basic | 7.47 | 5.84 | 3.91 | 2.89 | 4.17 | 3.84 | 4.53 | 4.06 | 3.74 | 3.16 |
| EPS, diluted | 7.40 | 5.80 | 3.89 | 2.88 | 4.14 | 3.83 | 4.51 | 4.04 | 3.72 | 3.15 |
| Shares, diluted (wtd. avg.) | $716.7M | $748.1M | $787.8M | $814.8M | $856.4M | $892.5M | $943.1M | $1.01B | $1.04B | $1.07B |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.11B | $4.18B | $4.92B | $11.53B | $9.88B | $9.42B | $7.27B | $8.26B | $7.13B | $8.20B |
| Property, plant and equipment | $3.58B | $3.27B | $3.16B | $3.26B | $3.43B | $3.60B | — | — | — | — |
| Goodwill | $16.77B | $16.60B | $16.26B | $16.15B | $17.51B | $17.50B | $17.39B | $17.35B | $17.56B | $17.32B |
| Other intangibles | $2.82B | $2.85B | $2.85B | $2.90B | $2.99B | $3.01B | $3.11B | $3.22B | $3.41B | $3.60B |
| Total assets | $472.30B | $416.06B | $409.88B | $405.56B | $444.44B | $469.63B | $381.51B | $362.87B | $371.76B | $333.47B |
| Long-term debt | $31.87B | $30.85B | $31.26B | $30.46B | $25.93B | $25.98B | $27.50B | $29.16B | $27.98B | $24.46B |
| Total liabilities | $427.49B | $374.30B | $368.97B | $364.93B | $401.05B | $423.51B | $339.78B | $322.00B | $330.01B | $293.89B |
| Retained earnings | $46.40B | $42.54B | $39.55B | $37.86B | $36.67B | $34.24B | $31.89B | $28.65B | $25.64B | $22.62B |
| Total equity | $44.31B | $41.32B | $40.82B | $40.62B | $43.13B | $45.94B | $41.59B | $40.74B | $41.57B | $39.43B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.73B | $687.0M | $5.91B | $15.07B | $2.84B | $5.04B | $96.0M | $6.00B | $4.67B | $6.27B |
| Depreciation and amortisation | $1.85B | $1.80B | $1.89B | $1.78B | $1.87B | $1.63B | $1.31B | $1.34B | $1.47B | $1.50B |
| Capital expenditure | $1.55B | $1.47B | $1.22B | $1.35B | $1.22B | $1.22B | $1.21B | $1.11B | $1.20B | $825.0M |
| Investing cash flow | -$44.28B | -$9.48B | -$5.81B | $19.87B | $19.67B | -$78.45B | -$10.55B | $3.30B | -$32.70B | $50.28B |
| Financing cash flow | $39.71B | $6.34B | -$3.52B | -$33.65B | -$21.96B | $75.51B | $9.46B | -$8.10B | $26.78B | -$59.05B |
| Dividends paid | $1.45B | $1.35B | $1.26B | $1.17B | $1.13B | $1.12B | $1.12B | $1.05B | $901.0M | $778.0M |
| Buybacks | $3.54B | $3.06B | $2.60B | $124.0M | $4.57B | $989.0M | $3.33B | $3.27B | $2.69B | $2.40B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001390777-26-000033.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |
| ALLY | Ally Financial Inc. | $13.30B | 18.5x | 3.8% |