10-QPeriod: Q3 FY2025

Bank of New York Mellon Corp Quarterly Report for Q3 Ended Sep 30, 2025

Filed October 31, 2025For Securities:BKBK-PKBNYBNY-PK

Summary

The Bank of New York Mellon Corporation (BK) reported solid results for the third quarter of 2025, demonstrating continued growth and profitability. Total revenue saw a notable increase of 9% year-over-year, driven by a 7% rise in fee revenue and an 18% surge in net interest income. This growth was fueled by increased client activity, favorable market values, and the reinvestment of maturing securities at higher yields. The company also announced a 13% increase in its quarterly cash dividend, underscoring its commitment to returning capital to shareholders. BNY Mellon's Assets Under Custody/Administration (AUC/A) grew by 11% to $57.8 trillion, highlighting strong client relationships and market growth in its Securities Services segment. While Assets Under Management (AUM) remained flat, this was attributed to a balance between higher market values and net outflows. The company maintained strong capital and liquidity positions, with its CET1 ratio at 11.7%. The positive financial performance, coupled with a shareholder-friendly capital allocation policy, positions BNY Mellon favorably in the current market environment.

Financial Highlights

37 data points
Beta

Net Income

$1.45B

EPS (Diluted)

$1.88

Total Assets

$455.31B

Cash & Equivalents

$7.64B

Free Cash Flow

-$1.50B

Financial Statements
Beta
Net Income$1.45B
EPS (Basic)$1.90
EPS (Diluted)$1.88
Shares Outstanding (Basic)705.87M
Shares Outstanding (Diluted)712.85M

Key Highlights

  • 1Total revenue increased 9% year-over-year, reaching $5.08 billion, primarily driven by growth in fee and net interest income.
  • 2Fee revenue grew 7% year-over-year to $3.64 billion, supported by strong performance in investment services fees and financing-related fees.
  • 3Net interest income increased by 18% year-over-year to $1.24 billion, reflecting higher yields on investment securities and balance sheet growth.
  • 4Assets Under Custody/Administration (AUC/A) increased 11% to $57.8 trillion, indicating continued client asset growth.
  • 5Return on Common Equity (ROE) was 13.7% for the quarter.
  • 6The company announced a 13% increase in its quarterly cash dividend to $0.53 per share.
  • 7CET1 ratio remained strong at 11.7% under the Standardized Approach, reflecting robust capital adequacy.

Frequently Asked Questions

BNY Mellon's revenue growth was primarily driven by an 18% increase in net interest income, due to higher yields on investment securities and balance sheet growth, and a 7% increase in fee revenue, supported by higher investment services fees and financing-related fees.

BNY Mellon maintained a strong capital position, with its Common Equity Tier 1 (CET1) ratio under the Standardized Approach at 11.7% as of September 30, 2025. This reflects capital generated through earnings and an increase in accumulated other comprehensive income.

BNY Mellon demonstrated its commitment to returning capital by increasing its quarterly cash dividend by 13% to $0.53 per share. Additionally, the company repurchased $849 million of its common stock in the third quarter of 2025.

The Securities Services segment saw total revenue grow 10% year-over-year, driven by AUC/A growth. The Market and Wealth Services segment reported a 13% increase in total revenue, benefiting from higher net interest income and client activity across its lines of business. The Investment and Wealth Management segment's revenue declined 3% year-over-year, impacted by AUM outflows and a shift in fee structures, though it showed sequential improvement.