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Companies · BK

BK Reported this cycle

Bank of New York Mellon

New York Founded 1784 Banking & Capital Markets

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Latest analysis

Updated Oct 30, 2026

BNY Mellon Q3 2026: NII compression pressures as deposit mix deteriorates; capital markets recovery offset by efficiency headwinds.

BNY Mellon reported Q3 2026 net income of $1.18 billion and total revenue of $4.97 billion, down 2.8% from Q3 2025 as net interest income contracted and deposit betas continued to rise. Capital markets revenue recovered sequentially but remained pressured by mixed trading activity. The bank flagged persistent deposit outflows to higher-yielding alternatives and rising compensation costs as structural headwinds, with management maintaining cautious forward guidance on NII stabilization. Credit quality remained stable with NCOs flat year-over-year, though commercial real estate office exposure remains a monitoring point.

Tone: cautious

Revenue

$20.1B

BK 10-K · FY 2025

Employees

48,100

Revenue FY2024

$18.6B

Founded

1784

Profile

BK 10-K Item 1 · Feb 25, 2026

Bank of New York Mellon (BNY) is a global financial services platforms company providing securities services, asset servicing, clearance, collateral management, payments, and investment and wealth management. With roots dating to 1784, BNY operates across three principal business segments and serves institutional and individual clients worldwide. As of December 31, 2025, it held $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

Read filing description ↓

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. Our two principal U.S. banking subsidiaries engage in trust and custody activities, investment management services, banking services and various securities-related activities. BNY SA/NV is the main banking subsidiary of The Bank of New York Mellon in continental Europe, authorized and regulated as a credit institution by the European Central Bank and the National Bank of Belgium, with its principal office in Brussels and branches across major European cities. BNY SA/NV's activities are in the Securities Services and Market and Wealth Services segments with a focus on global custody, asset servicing and collateral management.

Primary products

  • Asset Servicing
  • Issuer Services
  • Payments and Trade
  • Clearance and Collateral Management
  • Pershing (clearing and custody)
  • Investment Management

Business segments

Securities Services Market and Wealth Services Investment and Wealth Management Other

End markets

institutional financial services investment management wealth management corporate trust clearing and settlement collateral management payments and trade

Geographies

United States Americas (primarily Brazil and Canada) Europe, the Middle East and Africa (EMEA) Asia-Pacific (APAC)

Named competitors

State Street JPMorgan Chase Citigroup
“Our competitive position may be affected by institutions that are not similarly subject to extensive regulation, such as financial technology firms, and as further technological advances enable more companies, such as financial technology firms, to provide financial services.” Competitive position, as stated in the filing

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