Bank of New York Mellon (BNY)


Market Price (8/13/2026): $163.67 | Market Cap: $112.3 BilSector: Financials | Industry: Asset Management & Custody Banks

Bank of New York Mellon (BNY)


Market Price (8/13/2026): $163.67
Market Cap: $112.3 Bil
Sector: Financials
Industry: Asset Management & Custody Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -155%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, CFO LTM is 3.6 Bil

Stock buyback support
Stock Buyback 3Y Total is 12 Bil

Low stock price volatility
Vol 12M is 21%

Megatrend and thematic drivers
Megatrends include Digital & Alternative Assets, and Fintech & Digital Payments. Themes include Digital Asset Custody, Wealth Management Technology, Show more.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 31x

Key risks
BNY key risks include [1] intense competition from established institutions and fintech firms in its core custody and fund administration services, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -155%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, CFO LTM is 3.6 Bil
3 Stock buyback support
Stock Buyback 3Y Total is 12 Bil
4 Low stock price volatility
Vol 12M is 21%
5 Megatrend and thematic drivers
Megatrends include Digital & Alternative Assets, and Fintech & Digital Payments. Themes include Digital Asset Custody, Wealth Management Technology, Show more.
6 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
7 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 31x
8 Key risks
BNY key risks include [1] intense competition from established institutions and fintech firms in its core custody and fund administration services, Show more.

BNY in ETFs

Weight = BNY's share of each fund

SPY0.17%
VOO0.15%
IVV0.16%
VTI0.14%
ITOT0.15%
IWB0.15%
RSP0.21%
VTV0.37%
+27 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/1/2026

Bank of New York Mellon (BNY) stock has gained about 20% since 4/30/2026 because of the following key factors:

1. Exceptional Fiscal Q2 2026 Financial Results and Upgraded Outlook.

Bank of New York Mellon (BNY) reported robust earnings for fiscal Q2 2026, which ended June 30, 2026. The diluted earnings per share (EPS) of $2.45 marked a 27% increase year-over-year, significantly surpassing the consensus estimate of $2.16 by $0.30. Total revenue reached a record $5.7 billion, climbing 13% year-over-year and exceeding analyst projections of $5.35 billion. This strong financial performance, coupled with management's decision to raise the full-year 2026 guidance, boosted investor confidence.

2. Substantial Capital Returns to Shareholders.

The company demonstrated a strong commitment to shareholder value by returning a significant $1.5 billion in capital to common shareholders during fiscal Q2 2026. This included $1.1 billion through common share repurchases and a 19% increase in the quarterly common dividend, raising it from $0.53 to $0.63 per share. Such actions signal financial strength and positive future outlook to the market.

Show more
Updated on 8/1/2026

Bank of New York Mellon (BNY) stock has gained about 20% since 4/30/2026 because of the following key factors:

1. Exceptional Fiscal Q2 2026 Financial Results and Upgraded Outlook.

Bank of New York Mellon (BNY) reported robust earnings for fiscal Q2 2026, which ended June 30, 2026. The diluted earnings per share (EPS) of $2.45 marked a 27% increase year-over-year, significantly surpassing the consensus estimate of $2.16 by $0.30. Total revenue reached a record $5.7 billion, climbing 13% year-over-year and exceeding analyst projections of $5.35 billion. This strong financial performance, coupled with management's decision to raise the full-year 2026 guidance, boosted investor confidence.

2. Substantial Capital Returns to Shareholders.

The company demonstrated a strong commitment to shareholder value by returning a significant $1.5 billion in capital to common shareholders during fiscal Q2 2026. This included $1.1 billion through common share repurchases and a 19% increase in the quarterly common dividend, raising it from $0.53 to $0.63 per share. Such actions signal financial strength and positive future outlook to the market.

3. Strong Revenue Growth Driven by Net Interest Income and Fee Income.

BNY experienced broad-based revenue growth, primarily fueled by a 20% year-over-year increase in Net Interest Income (NII) to $1.446 billion. This was largely attributable to the reinvestment of securities at higher yields and an expansion in average interest-earning assets. Additionally, fee and other revenue saw an 11% growth, reaching $4.252 billion, further contributing to the record total revenue.

4. Favorable Macroeconomic Environment for Financial Stocks.

The period was characterized by a resilient macroeconomic environment in the U.S., despite some global headwinds. Key positive factors included strong corporate profit growth that exceeded investor expectations, improving core economic growth, and consistent job gains. This generally constructive outlook for risk assets contributed to a broader market uplift, with the S&P 500 gaining 14.05% and the NASDAQ gaining 20.02% in fiscal Q2 2026, providing a supportive backdrop for BNY's stock performance.

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Stock Movement Drivers

Fundamental Drivers

The 21.7% change in BNY stock from 4/30/2026 to 8/12/2026 was primarily driven by a 6.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020268122026Change
Stock Price ($)133.84162.9321.7%
Change Contribution By: 
Total Revenues ($ Mil)19,75921,0656.6%
Net Income Margin (%)28.1%29.9%6.5%
P/E Multiple16.817.75.4%
Shares Outstanding (Mil)6986861.8%
Cumulative Contribution21.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/12/2026
ReturnCorrelation
BNY21.7% 
Market (SPY)7.5%34.9%
Sector (XLF)11.1%45.1%

Fundamental Drivers

The 36.9% change in BNY stock from 1/31/2026 to 8/12/2026 was primarily driven by a 10.8% change in the company's P/E Multiple.
(LTM values as of)13120268122026Change
Stock Price ($)118.97162.9336.9%
Change Contribution By: 
Total Revenues ($ Mil)19,41321,0658.5%
Net Income Margin (%)27.0%29.9%10.7%
P/E Multiple16.017.710.8%
Shares Outstanding (Mil)7066862.9%
Cumulative Contribution36.9%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/12/2026
ReturnCorrelation
BNY36.9% 
Market (SPY)11.9%47.7%
Sector (XLF)8.9%59.2%

Fundamental Drivers

The 63.4% change in BNY stock from 7/31/2025 to 8/12/2026 was primarily driven by a 17.2% change in the company's Net Income Margin (%).
(LTM values as of)73120258122026Change
Stock Price ($)99.71162.9363.4%
Change Contribution By: 
Total Revenues ($ Mil)18,51421,06513.8%
Net Income Margin (%)25.5%29.9%17.2%
P/E Multiple15.217.716.6%
Shares Outstanding (Mil)7216865.1%
Cumulative Contribution63.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/12/2026
ReturnCorrelation
BNY63.4% 
Market (SPY)23.3%47.9%
Sector (XLF)11.9%60.3%

Fundamental Drivers

The 286.4% change in BNY stock from 7/31/2023 to 8/12/2026 was primarily driven by a 79.9% change in the company's Net Income Margin (%).
(LTM values as of)73120238122026Change
Stock Price ($)42.17162.93286.4%
Change Contribution By: 
Total Revenues ($ Mil)16,63321,06526.6%
Net Income Margin (%)16.6%29.9%79.9%
P/E Multiple12.317.744.9%
Shares Outstanding (Mil)80368617.1%
Cumulative Contribution286.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/12/2026
ReturnCorrelation
BNY286.4% 
Market (SPY)74.7%59.6%
Sector (XLF)71.3%71.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BNY Return41%-19%19%52%54%40%342%
Peers Return36%-14%7%28%31%24%158%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
BNY Win Rate67%42%58%83%75%75% 
Peers Win Rate60%45%47%67%65%57% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
BNY Max Drawdown-14%-40%-23%-7%-18%-10% 
Peers Max Drawdown-13%-40%-29%-13%-23%-16% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: STT, NTRS, JPM, BLK, SCHW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/12/2026 (YTD)

How Low Can It Go

EventBNYS&P 500
2025 US Tariff Shock
  % Loss-17.0%-18.8%
  % Gain to Breakeven20.5%23.1%
  Time to Breakeven39 days79 days
2023 SVB Regional Banking Crisis
  % Loss-22.9%-6.7%
  % Gain to Breakeven29.7%7.1%
  Time to Breakeven211 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-34.8%-24.5%
  % Gain to Breakeven53.4%32.4%
  Time to Breakeven457 days427 days
2020 COVID-19 Crash
  % Loss-40.1%-33.7%
  % Gain to Breakeven67.0%50.9%
  Time to Breakeven289 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-14.2%-19.2%
  % Gain to Breakeven16.6%23.8%
  Time to Breakeven25 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-25.0%-12.2%
  % Gain to Breakeven33.4%13.9%
  Time to Breakeven256 days62 days

Compare to STT, NTRS, JPM, BLK, SCHW

In The Past

Bank of New York Mellon's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventBNYS&P 500
2023 SVB Regional Banking Crisis
  % Loss-22.9%-6.7%
  % Gain to Breakeven29.7%7.1%
  Time to Breakeven211 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-34.8%-24.5%
  % Gain to Breakeven53.4%32.4%
  Time to Breakeven457 days427 days
2020 COVID-19 Crash
  % Loss-40.1%-33.7%
  % Gain to Breakeven67.0%50.9%
  Time to Breakeven289 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-25.0%-12.2%
  % Gain to Breakeven33.4%13.9%
  Time to Breakeven256 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-30.9%-17.9%
  % Gain to Breakeven44.6%21.8%
  Time to Breakeven395 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-22.1%-15.4%
  % Gain to Breakeven28.4%18.2%
  Time to Breakeven187 days125 days
2008-2009 Global Financial Crisis
  % Loss-62.4%-53.4%
  % Gain to Breakeven165.7%114.4%
  Time to Breakeven2247 days1085 days

Compare to STT, NTRS, JPM, BLK, SCHW

In The Past

Bank of New York Mellon's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Bank of New York Mellon (BNY)

Bank of New York Mellon (BNY) is a venerable global financial services company that primarily operates as a foundational partner for institutions and high-net-worth individuals, rather than a traditional consumer bank. With a history spanning over two centuries, BNY Mellon specializes in helping clients manage and service their financial assets across various markets. It acts as a critical back-office and asset management provider, underpinning much of the global financial infrastructure.

The company's core offerings span several key areas. Through its Securities Services segment, BNY Mellon provides essential administrative support for financial assets, including custody, trust and depositary services, accounting, and securities lending for institutional investors. Its Market and Wealth Services segment offers broader financial solutions such as clearing, technology platforms, trading, prime brokerage, and integrated cash management services covering payments, foreign exchange, and liquidity for corporations. Furthermore, the Investment and Wealth Management segment delivers investment strategies, wealth planning, private banking, and asset management services.

BNY Mellon serves a diverse and sophisticated client base globally. Its primary customers include central banks, sovereign wealth funds, financial institutions, asset managers, insurance companies, and large corporations. Additionally, it caters to the specialized needs of high-net-worth individuals and family offices, providing comprehensive wealth and estate planning, investment management, and private banking solutions.

AI Analysis | Feedback

Here are 1-3 brief analogies for Bank of New York Mellon:

  • The AWS for Wall Street.

  • The 'Intel Inside' for financial institutions.

AI Analysis | Feedback

  • Global Custody & Trust Services: Safekeeping of assets, fiduciary, and administrative services for institutional clients globally.
  • Fund Administration & Accounting: Comprehensive operational and accounting support for various investment funds, including ETFs and private equity.
  • Clearing & Collateral Management: Services for processing and settling securities transactions and managing associated collateral.
  • Investment Management: Developing and distributing diverse investment strategies and products for institutional and individual clients.
  • Wealth Management & Private Banking: Integrated wealth and estate planning, custody, and private banking services for high-net-worth individuals and family offices.
  • Cash & Payment Management: Solutions for corporate payments, foreign exchange, liquidity management, and trade finance.
  • Securities Lending & Liquidity Services: Facilitating short-term borrowing and lending of securities and providing liquidity solutions.
  • Technology & Data Solutions: Offering enterprise data management and technology platforms to financial institutions.

AI Analysis | Feedback

The public company Bank of New York Mellon (BNY) primarily serves a diverse range of institutional clients and high-net-worth individuals. While specific customer names are not disclosed in the provided company description, its major customer categories include:

  • Central banks and sovereigns
  • Financial institutions
  • Asset managers
  • Insurance companies
  • Corporations
  • Local authorities
  • High net-worth individuals
  • Family offices

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Robin Vince, Chief Executive Officer

Robin Vince became CEO of BNY Mellon in 2022, having joined the company in 2020. Prior to his tenure at BNY Mellon, he spent 26 years at Goldman Sachs, where he held various leadership positions including chief risk officer, treasurer, head of operations, and CEO of Goldman Sachs International Bank.

Dermot McDonogh, Chief Financial Officer

Dermot McDonogh was appointed Chief Financial Officer of BNY Mellon, effective February 1, 2023, and joined the company in 2022. Before joining BNY Mellon, he worked at Goldman Sachs for over 25 years, where he held leadership roles such as Chief Operating Officer for EMEA and Chief Executive Officer of Goldman Sachs International Bank.

James T. Crowley, Executive Vice Chair

James T. Crowley serves as an Executive Vice Chair at BNY. He is also the Chief Executive Officer for Pershing, a BNY Mellon company, a role he assumed in July 2019. He previously served as Pershing's Chief Operating Officer. Crowley has held various roles in operations and relationship management during his career at Pershing, which he joined in August 2017. He is on the Board of Governors of FINRA.

Hani Kablawi, Executive Vice Chair, Head of Middle East, Africa and Asia Pacific

Hani Kablawi is an Executive Vice Chair and Head of Middle East, Africa and Asia Pacific for BNY. He joined the Bank of New York in 1997. His career at BNY Mellon has included roles such as CEO for the Middle East and Africa in 2008, CEO of global client management for EMEA, and CEO of EMEA asset servicing. Previously, he was also CEO of global asset servicing and chairman of EMEA.

Rajashree Datta, Chief Risk Officer

Rajashree Datta is the Chief Risk Officer at BNY and a member of the company's Executive Committee. She joined BNY in December 2024 as Deputy Chief Risk Officer and is set to succeed as Chief Risk Officer in 2025. Prior to BNY, Datta spent 24 years at Goldman Sachs, where she was a Partner and Global Head of Finance Risk, overseeing liquidity, capital, and accrual rate risks. She began her career in Investment Banking at Goldman Sachs in 2000.

AI Analysis | Feedback

The Bank of New York Mellon (BNY) faces several key risks inherent in the financial services industry, primarily stemming from intense competition, a dynamic regulatory and economic environment, and ongoing operational challenges, including those related to technology and cybersecurity.

Key Risks to Bank of New York Mellon (BNY)

  1. Competition and Technological Disruption: The financial services sector in which BNY Mellon operates is highly competitive. The company faces significant challenges from both established financial institutions like JPMorgan Chase, State Street, and Northern Trust, as well as rapidly evolving fintech firms. These competitors are vying for market share across BNY Mellon's various segments, including custody and fund administration services. The rise of digital assets and advancements in artificial intelligence are reshaping the industry, presenting both opportunities and threats. Fintech innovation, in particular, poses a substantial risk to traditional service models, requiring BNY Mellon to continuously invest in technology and adapt its offerings to maintain its competitive edge and diversify revenue streams.
  2. Regulatory and Economic Environment: BNY Mellon is highly susceptible to evolving regulatory frameworks and shifts in global economic conditions. Changes in regulations, including those related to data privacy, cybersecurity, and capital requirements, can increase compliance costs and impact business operations. Macroeconomic factors such as interest rate sensitivity and inflation can also significantly affect the company's financial performance. Successfully navigating these complex and often unpredictable regulatory and economic landscapes is crucial for maintaining market share and profitability.
  3. Operational Risks, including Cybersecurity: Given BNY Mellon's extensive global operations and its role in managing trillions in assets and processing vast numbers of transactions, it is exposed to significant operational risks. These risks encompass potential failures in internal processes, systems, or human error, as well as external events such as natural disasters or geopolitical incidents. Cybersecurity threats are a particularly prominent operational risk. Successful cyberattacks or significant technology failures could lead to financial losses, reputational damage, and disruptions to client services, underscoring the critical need for robust risk controls and advanced security measures.

AI Analysis | Feedback

The clear emerging threat for Bank of New York Mellon (BNY) is the potential disintermediation of its core custody, clearing, settlement, and payment services due to the advancement and adoption of distributed ledger technology (DLT), including tokenized assets and central bank digital currencies (CBDCs). DLT has the capability to enable direct, peer-to-peer ownership and transfer of securities and other assets, potentially reducing the need for traditional intermediaries that provide safekeeping, accounting, and transfer agency functions. Similarly, CBDCs could fundamentally alter the infrastructure for payments and interbank settlements, impacting BNY's cash management and treasury services by offering alternative, direct pathways for funds flow.

AI Analysis | Feedback

The Bank of New York Mellon Corporation (BNY) operates across various financial services segments. The addressable markets for its main products and services, on a global basis, are sized as follows:

Securities Services

  • The global securities services market was valued at $120.8 billion in 2024 and is projected to reach $205.3 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.1%.
  • Specifically, the global custody services market size was estimated at $48.84 billion in 2025 and is expected to grow to $75.87 billion by 2030 at a CAGR of 9.3%. North America was the largest region in this market in 2025. Other estimates place the global custody services market at USD 41.61 billion in 2023, projected to reach USD 85.33 billion by 2033.

Investment and Wealth Management

  • The global wealth management market was valued at $1.87 trillion in 2025 and is projected to expand to $3.43 trillion by 2034, advancing at a CAGR of 6.9% over the forecast period 2026 to 2034. North America dominated with a 38.6% revenue share in 2025.
  • The global asset management market, specifically for services, was valued at USD 432.77 billion in 2025 and is projected to grow to USD 1,122.04 billion by 2034, exhibiting a CAGR of 12.6%. North America dominated this market with a 47.00% share in 2025.
  • In terms of assets under management (AuM), the global asset management industry reached a record-breaking $128 trillion in 2024.

Cash Management Services

  • The global cash management system market size was estimated at USD 17.6 billion in 2024 and is projected to reach USD 36.92 billion by 2030, growing at a CAGR of 13.3%.
  • Another report indicates the cash management system market size is estimated at USD 21.78 billion in 2026, growing from USD 20.35 billion in 2025, and is projected to reach USD 30.56 billion by 2031. North America held a 39.05% share in 2025.

Foreign Exchange (FX) Services

  • The global foreign exchange market size, focusing on the services aspect, was valued at USD 917.9 billion in 2025 and is projected to reach USD 1,592.1 billion by 2034, exhibiting a CAGR of 6.31%. North America dominates this market, holding a significant share of 25.8% in 2025.
  • The daily turnover in the global foreign exchange market was $9.6 trillion in April 2025.

Prime Brokerage

  • The global prime brokerage market was valued at $38.7 billion in 2024 and is projected to reach $65.2 billion by 2033, growing at a CAGR of 6.1%.
  • Global prime brokerage equity finance revenues are projected to reach $37 billion in 2025.

AI Analysis | Feedback

The Bank of New York Mellon (BNY) anticipates several key drivers to fuel its revenue growth over the next two to three years:

  1. Net Interest Income (NII) Expansion: BNY Mellon expects continued growth in its net interest income, with guidance for approximately 10% year-over-year increase in NII for the full year 2026. This growth is primarily driven by the reinvestment of maturing securities at higher yields and overall balance sheet expansion.
  2. Broad-Based Fee Revenue Growth from Client Activity and New Business: The company is focused on generating broad-based fee revenue growth, particularly within its Securities Services and Market and Wealth Services segments. This growth is expected to come from higher client activity, strategic client wins, and the acquisition of new business across its diversified offerings.
  3. Strategic Investment and Expansion in Digital Assets and Artificial Intelligence (AI): BNY Mellon is heavily investing in and expanding its capabilities in digital assets, including custody services and leveraging AI. The integration of AI is aimed at developing new products, enhancing existing platforms, improving operational efficiency, and creating critical technical capabilities, with over 200 AI solutions already in production.
  4. Scaling Integrated, Multi-Platform Client Solutions: A core component of BNY Mellon's growth strategy involves deepening client relationships and delivering integrated, multi-platform solutions. This "One BNY" approach focuses on encouraging clients to utilize a wider range of the company's services across different business lines, thereby driving organic growth and increasing client engagement.

AI Analysis | Feedback

Share Repurchases

  • In April 2026, the Board of Directors approved a new share buyback program totaling $10 billion.
  • The company authorized $6.0 billion for common share repurchases in April 2024, building upon an existing January 2023 authorization of up to $5.0 billion.
  • In 2025, BNY repurchased 36.8 million common shares for a total of $3.5 billion.

Share Issuance

  • The number of outstanding common shares has generally decreased over the last few years, primarily due to share repurchases.
  • Outstanding shares decreased by 5.29% in 2024 and 5.48% in 2023.
  • As of December 31, 2025, BNY had 688,236,337 common shares outstanding.

Outbound Investments

  • BNY Mellon completed the acquisition of Archer, a technology-driven investment management solutions provider, noted as an accomplishment between 2022 and 2025.

Capital Expenditures

  • Investments have focused on transforming the company into a "platform company" model to streamline client delivery and internal operations.
  • Significant capital has been allocated to technology and innovation, including the development and embrace of artificial intelligence (AI) initiatives such as the Eliza AI platform.
  • The company is committed to advancing global financial markets and infrastructure, including investments in distributed ledger and other emerging technologies.

Peer Outperformance in Asset Management & Custody Banks

BNY has outperformed 95% of its 83 Asset Management & Custody Banks peers over 5Y. Asset Management & Custody Banks ranks 12th of 18 industries in Financials by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Asset Management & Custody Banks constituents that BNY has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
92%
of 102 industry peers · 60.0% return
3Y
98%
of 95 industry peers · 280.9% return
5Y
95%
of 83 industry peers · 246.4% return
No Asset Management & Custody Banks peer with a comparable growth profile has beaten BNY by more than 20pp over 5Y.
Median price return by industry across the Financials sector, ranked by 5Y. Asset Management & Custody Banks is BNY's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Investment Banking & Brokerage 13 6.2%121.9%134.4% IBKR 496% · SNEX 257% · GS 185%
Diversified Banks 13 46.7%123.3%120.6% JPM 159% · CM 157% · RY 144%
Reinsurance 7 20.8%75.5%105.2% SPNT 132% · MTG 130% · RGA 130%
Life & Health Insurance 19 20.9%55.9%92.5% UNM 295% · FG 250% · MFC 173%
Regional Banks 265 35.0%77.2%66.4% RCBC 1763% · ESQ 437% · GCBC 388%
Property & Casualty Insurance 42 15.7%72.7%65.4% ASIC 2447900% · HRTG 385% · UVE 267%
Multi-line Insurance 9 19.0%80.4%61.4% GNW 171% · L 107% · SLF 86%
Consumer Finance 30 15.0%78.9%42.4% ENVA 710% · EZPW 369% · AGM 180%
Insurance Brokers 15 -8.4%8.5%32.3% LIFE 595% · AJG 92% · WTW 66%
Multi-Sector Holdings 6 -7.8%18.0%31.9% JEF 90% · BRK-B 77% · VOYA 63%
Financial Exchanges & Data 15 -6.6%8.4%31.3% VIRT 163% · CBOE 145% · NDAQ 61%
Asset Management & Custody Banks ← 84 -7.7%18.2%17.9% WT 289% · VCTR 288% · SII 265%
Specialized Finance 3 20.7%49.6%2.5% EFC 37% · CACC 3% · HASI -9%
Commercial & Residential Mortgage Finance 12 -24.1%25.1%2.4% FNMA 459% · FMCC 433% · ESNT 59%
Mortgage REITs 34 -5.8%10.3%-8.7% RITM 70% · DX 40% · NREF 37%
Transaction & Payment Processing Services 15 -1.9%-3.0%-45.8% V 60% · MA 59% · CPAY 56%
Diversified Capital Markets 24 -34.4%-29.6%-51.0% BTCS 452% · OPY 182% · LPLA 163%
Diversified Financial Services 5 -16.2%54.2%-57.5% FRHC 134% · EQH 84% · TMS -57%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

BNYSTTNTRSJPMBLKSCHWMedian
NameBank of .State St.Northern.JPMorgan.BlackRockCharles . 
Mkt Price162.93190.11191.33365.181,160.91109.34190.72
Mkt Cap111.852.535.2982.3180.1189.7146.0
Rev LTM21,06515,0569,052194,91127,29926,02523,545
Op Inc LTM----9,006-9,006
FCF LTM1,5922,019-218-162,5343,51510,7891,806
FCF 3Y Avg1,702-4,9221,761-107,1633,88612,2851,732
CFO LTM3,5703,474529-162,5343,93811,4173,522
CFO 3Y Avg3,279-3,7922,518-107,1634,23512,8832,898

Growth & Margins

BNYSTTNTRSJPMBLKSCHWMedian
NameBank of .State St.Northern.JPMorgan.BlackRockCharles . 
Rev Chg LTM11.0%12.8%15.1%11.0%26.5%20.3%14.0%
Rev Chg 3Y Avg7.7%7.2%10.3%10.8%16.6%8.8%9.5%
Rev Chg Q13.2%16.7%35.0%17.8%30.6%20.9%19.3%
QoQ Delta Rev Chg LTM3.2%4.0%8.4%4.3%6.5%4.9%4.6%
Op Inc Chg LTM----17.2%-17.2%
Op Inc Chg 3Y Avg----13.9%-13.9%
Op Mgn LTM----33.0%-33.0%
Op Mgn 3Y Avg----35.0%-35.0%
QoQ Delta Op Mgn LTM----0.3%-0.3%
CFO/Rev LTM16.9%23.1%5.8%-83.4%14.4%43.9%15.7%
CFO/Rev 3Y Avg17.0%-30.5%32.3%-58.1%19.4%59.1%18.2%
FCF/Rev LTM7.6%13.4%-2.4%-83.4%12.9%41.5%10.2%
FCF/Rev 3Y Avg8.9%-38.8%23.0%-58.1%17.9%56.3%13.4%

Valuation

BNYSTTNTRSJPMBLKSCHWMedian
NameBank of .State St.Northern.JPMorgan.BlackRockCharles . 
Mkt Cap111.852.535.2982.3180.1189.7146.0
P/S5.33.53.95.06.67.35.2
P/Op Inc----20.0-20.0
P/EBIT----18.6-18.6
P/E17.715.215.715.127.418.816.7
P/CFO31.315.166.5-6.045.716.624.0
Total Yield7.1%8.8%8.1%8.4%5.7%6.6%7.6%
Dividend Yield1.5%2.2%1.7%1.8%2.0%1.3%1.7%
FCF Yield 3Y Avg2.6%-19.0%9.5%-12.9%2.8%7.9%2.7%
D/E0.30.60.40.50.10.20.4
Net D/E-1.5-2.5-1.5-0.30.0-0.3-0.9

Returns

BNYSTTNTRSJPMBLKSCHWMedian
NameBank of .State St.Northern.JPMorgan.BlackRockCharles . 
1M Rtn8.1%6.7%3.9%9.2%12.5%6.8%7.5%
3M Rtn21.2%26.0%17.9%22.2%6.7%19.9%20.6%
6M Rtn34.9%46.1%31.9%18.6%8.4%15.4%25.3%
12M Rtn60.0%75.0%53.6%27.1%2.2%11.9%40.3%
3Y Rtn280.9%183.7%162.0%152.6%78.8%77.3%157.3%
1M Excs Rtn3.2%0.8%-0.2%3.8%10.5%5.4%3.5%
3M Excs Rtn17.9%22.3%13.7%15.6%2.2%16.6%16.1%
6M Excs Rtn18.3%33.8%18.2%4.2%-3.7%-0.7%11.2%
12M Excs Rtn38.9%56.0%34.7%7.0%-16.5%-8.5%20.8%
3Y Excs Rtn206.8%111.4%87.5%77.4%3.1%1.4%82.4%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Securities Services9,7308,9168,5988,0027,244
Market and Wealth Services7,0006,2645,8705,2994,741
Investment and wealth management3,2583,3893,1553,5634,042
Other583772-322-108
Total20,04618,60617,69516,54215,919


Operating Income by Segment
$ Mil20152014201320122011
Investment Services3,1381,9352,7542,2513,114
Investment  Management1,050901994923723
Other-17643-18652-270
Total4,1713,4793,5623,2263,567


Assets by Segment
$ Mil2004
Financial Markets49,615
Servicing & Fiduciary Businesses22,450
Corporate Banking17,482
Retail Banking5,645
Total95,192


Price Behavior

Price Behavior
Market Price$162.93 
Market Cap ($ Bil)111.8 
First Trading Date05/03/1973 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$150.60$127.48
DMA Trendupup
Distance from DMA8.2%27.8%
 3M1YR
Volatility22.6%21.2%
Downside Capture20.3966.27
Upside Capture101.40105.86
Correlation (SPY)35.1%46.9%
BNY Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta1.410.660.660.850.820.83
Up Beta1.480.150.190.470.630.77
Down Beta1.760.750.640.740.730.95
Up Capture197%123%113%130%115%96%
Bmk +ve Days11223567138427
Stock +ve Days11233573146437
Down Capture65%40%54%84%79%84%
Bmk -ve Days11212859114326
Stock -ve Days11202852104312

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BNY
BNY60.8%21.2%2.14-
Sector ETF (XLF)13.1%14.6%0.6359.7%
Equity (SPY)22.6%12.8%1.3246.6%
Gold (GLD)31.4%28.4%0.9521.6%
Commodities (DBC)37.9%20.1%1.483.3%
Real Estate (VNQ)14.3%13.8%0.7321.8%
Bitcoin (BTCUSD)-46.5%42.9%-1.3329.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BNY
BNY29.4%24.5%1.02-
Sector ETF (XLF)11.4%18.4%0.4878.4%
Equity (SPY)13.4%17.2%0.6063.4%
Gold (GLD)19.0%18.6%0.837.7%
Commodities (DBC)9.8%19.6%0.3918.3%
Real Estate (VNQ)2.2%18.9%0.0149.0%
Bitcoin (BTCUSD)9.9%52.8%0.3725.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BNY
BNY18.4%26.9%0.66-
Sector ETF (XLF)13.9%22.0%0.5781.1%
Equity (SPY)15.4%17.9%0.7365.5%
Gold (GLD)12.0%16.2%0.61-0.2%
Commodities (DBC)8.0%18.0%0.3626.0%
Real Estate (VNQ)4.7%20.7%0.1950.5%
Bitcoin (BTCUSD)60.9%66.1%1.0117.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity8.3 Mil
Short Interest: % Change Since 715202611.5%
Average Daily Volume3.7 Mil
Days-to-Cover Short Interest2.2 days
Basic Shares Quantity686.1 Mil
Short % of Basic Shares1.2%

Earnings Returns History

Updated 8/12/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/15/20265.1%2.8%5.9%
4/16/20262.2%3.0%3.5%
1/13/20261.9%0.0%1.3%
10/16/2025-2.0%-1.7%2.4%
7/15/2025-0.1%3.5%9.4%
4/11/20251.4%-0.4%14.4%
1/15/20258.0%11.0%15.0%
10/11/2024-0.4%4.4%4.1%
...
SUMMARY STATS   
# Positive151620
# Negative984
Median Positive3.8%3.5%6.5%
Median Negative-2.0%-2.4%-7.5%
Max Positive8.0%11.0%15.0%
Max Negative-7.3%-9.8%-9.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/15/20265.1%2.8%5.9%
4/16/20262.2%3.0%3.5%
1/13/20261.9%0.0%1.3%
10/16/2025-2.0%-1.7%2.4%
7/15/2025-0.1%3.5%9.4%
4/11/20251.4%-0.4%14.4%
1/15/20258.0%11.0%15.0%
10/11/2024-0.4%4.4%4.1%
7/12/20245.2%3.3%4.5%
4/16/2024-2.0%3.8%6.7%
1/12/20244.0%5.2%6.3%
10/17/20233.8%-0.8%12.1%
7/18/20234.1%4.5%2.9%
4/18/20231.5%-0.9%-9.5%
1/13/20231.8%3.0%8.6%
10/17/20225.1%4.7%14.5%
7/15/20227.3%7.5%12.0%
4/18/2022-2.3%-6.5%-7.8%
1/18/2022-1.1%-7.4%-1.6%
10/19/20210.4%3.5%3.6%
7/15/2021-1.2%1.6%12.1%
4/16/2021-4.0%-3.0%8.6%
1/20/2021-7.3%-9.8%-7.2%
10/16/20202.1%0.9%4.9%
SUMMARY STATS   
# Positive151620
# Negative984
Median Positive3.8%3.5%6.5%
Median Negative-2.0%-2.4%-7.5%
Max Positive8.0%11.0%15.0%
Max Negative-7.3%-9.8%-9.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202607/31/202610-Q
03/31/202605/01/202610-Q
12/31/202502/25/202610-K
09/30/202510/31/202510-Q
06/30/202508/01/202510-Q
03/31/202505/02/202510-Q
12/31/202402/27/202510-K
09/30/202411/01/202410-Q
06/30/202408/02/202410-Q
03/31/202405/03/202410-Q
12/31/202302/28/202410-K
09/30/202311/03/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/27/202310-K
09/30/202211/07/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202607/31/202610-Q
03/31/202605/01/202610-Q
12/31/202502/25/202610-K
09/30/202510/31/202510-Q
06/30/202508/01/202510-Q
03/31/202505/02/202510-Q
12/31/202402/27/202510-K
09/30/202411/01/202410-Q
06/30/202408/02/202410-Q
03/31/202405/03/202410-Q
12/31/202302/28/202410-K
09/30/202311/03/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/27/202310-K
09/30/202211/07/202210-Q
06/30/202208/05/202210-Q
03/31/202205/06/202210-Q
12/31/202102/25/202210-K
09/30/202111/05/202110-Q
06/30/202108/05/202110-Q
03/31/202105/06/202110-Q
12/31/202002/25/202110-K
09/30/202011/05/202010-Q
06/30/202008/06/202010-Q
03/31/202005/07/202010-Q
12/31/201902/27/202010-K
09/30/201911/07/201910-Q

Insider Activity

Updated 8/6/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1McDonogh, DermotChief Financial OfficerFamily TrustSell7312026155.2631,800  Form
2Perez, AlejandroSr. Executive Vice PresidentDirectSell4212026137.0112,5041,713,1568,578,487Form
3Kurimsky, Kurtis RCorporate ControllerDirectSell4212026136.025,290719,5232,347,495Form
4McCarthy, J KevinSEVP & General CounselDirectSell4212026136.5030,0004,094,9196,857,298Form
5Hobbs, Shannon MarieSenior Executive VPDirectSell4212026137.0529740,7052,084,029Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1McDonogh, DermotChief Financial OfficerFamily TrustSell7312026155.2631,800  Form
2Perez, AlejandroSr. Executive Vice PresidentDirectSell4212026137.0112,5041,713,1568,578,487Form
3Kurimsky, Kurtis RCorporate ControllerDirectSell4212026136.025,290719,5232,347,495Form
4McCarthy, J KevinSEVP & General CounselDirectSell4212026136.5030,0004,094,9196,857,298Form
5Hobbs, Shannon MarieSenior Executive VPDirectSell4212026137.0529740,7052,084,029Form
Core Cache Last Updated: 8/12/2026