10-KPeriod: FY2025

Bank of New York Mellon Corp Annual Report, Year Ended Dec 31, 2025

Filed February 25, 2026For Securities:BKBK-PKBNYBNY-PK

Summary

The Bank of New York Mellon Corporation (BK) has filed its 2025 10-K, providing a comprehensive overview of its business operations, financial condition, and risk factors. The company, a global financial services platform, reported significant assets under custody/administration ($59.3 trillion) and assets under management ($2.2 trillion) as of December 31, 2025. BNY Mellon operates across three core segments: Securities Services, Market and Wealth Services, and Investment and Wealth Management, with an additional 'Other' segment for corporate treasury and investments. The filing highlights the company's commitment to human capital management, focusing on employee development, wellbeing, and fostering an inclusive culture, including providing equity grants like 'BK Shares' to eligible employees and expanding AI training programs. BNY Mellon's extensive global footprint, with approximately 48,100 employees worldwide and a significant presence outside the U.S. (60% of total employees), underscores its international reach. The company operates under robust regulatory oversight, including from the Federal Reserve and European authorities, with its primary U.S. banking subsidiaries fully FDIC insured. Investors should note the ongoing competitive landscape in financial services, driven by factors such as technological innovation and the rise of FinTech firms, which BNY Mellon actively addresses through strategic investments and operational enhancements. The filing also details executive compensation plans and recent leadership changes, including the appointment of Alejandro Perez as Chief Operating Officer.

Financial Highlights

40 data points
Beta

Revenue

$20.08B

Net Income

$5.55B

27.6% Net Margin

EPS (Diluted)

$7.40

Total Assets

$472.30B

Cash & Equivalents

$7.96B

Free Cash Flow

$5.18B

Financial Statements
Beta
Revenue$20.08B
Net Income$5.55B
EPS (Basic)$7.47
EPS (Diluted)$7.40
Shares Outstanding (Basic)710.18M
Shares Outstanding (Diluted)716.72M

Key Highlights

  • 1BNY Mellon holds substantial assets under custody/administration ($59.3 trillion) and management ($2.2 trillion) as of December 31, 2025, indicating its significant role in the global financial infrastructure.
  • 2The company is structured into three primary business segments: Securities Services, Market and Wealth Services, and Investment and Wealth Management, with an 'Other' segment encompassing corporate treasury and investment activities.
  • 3Human capital management is a strategic focus, with initiatives for employee development (including AI training), wellbeing, and retention, alongside equity grants ('BK Shares') to align employee interests with company success.
  • 4BNY Mellon maintains a significant global presence with approximately 48,100 employees, with 60% based outside the U.S., highlighting its international operational capacity.
  • 5The company operates under stringent regulatory frameworks, with its principal U.S. banking subsidiaries insured by the FDIC and international operations subject to various non-U.S. regulatory authorities.
  • 6The competitive environment is dynamic, with BNY Mellon facing challenges from traditional financial firms and emerging FinTech companies, emphasizing the importance of technological innovation and talent retention.
  • 7Recent executive changes include the appointment of Alejandro Perez as Chief Operating Officer and updates to executive compensation plans, including the 2026 Executive Incentive Compensation Plan and Executive Severance Plan.

Frequently Asked Questions

BNY Mellon operates through three main segments: Securities Services, Market and Wealth Services, and Investment and Wealth Management. As of December 31, 2025, the company reported $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management, underscoring its significant scale in these core areas.

BNY Mellon emphasizes a strong human capital management strategy. This includes fostering an inclusive culture, offering robust training and development programs (with a notable focus on AI skills in 2025), promoting employee wellbeing through holistic programs, and providing equity ownership opportunities via 'BK Shares' for eligible employees to align their success with the company's.

BNY Mellon operates in a highly competitive financial services landscape, facing pressure from both traditional institutions and FinTech firms. The company's strategy to mitigate these risks involves continuous technological innovation, adapting to technological change, focusing on customer service, and attracting and retaining top talent. The filing indicates an awareness of the impact of technology providers and FinTech companies on the industry.

BNY Mellon and its subsidiaries are subject to extensive regulation. Its principal U.S. banking subsidiaries are regulated by the Federal Reserve and insured by the FDIC. International operations, such as BNY Mellon SA/NV in Europe, are regulated by European Central Bank, National Bank of Belgium, and other relevant authorities, ensuring compliance across its global network.