Bank of New York Mellon (BK)
NYSE:BK
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Earnings Data
Report Date
Jul 21, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.18Last Year’s EPS
1.93Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted a very strong first quarter with record revenue, substantial EPS growth (+42% YoY), meaningful operating leverage (833 bps) and margin expansion, driven by diversified fee and NII growth, notable client wins, and accelerating AI adoption. Management raised full-year revenue and NII outlooks and authorized a new $10 billion buyback, signaling confidence. However, several cautions were noted: some benefits are tied to elevated market activity and one-offs, CET1 dipped sequentially due to period-end balance spikes, deposit composition is expected to normalize, and specific AUM categories saw net outflows. The positives—broad-based revenue strength, strong capital returns, and strategic AI/technology momentum—materially outweigh the transitory and operational risks discussed.Company Guidance
Record Revenue and Strong EPS Growth
Reported revenue of $5.4 billion, a 13% year-over-year increase, and earnings per share of $2.24, up 42% year over year (both reported and excluding notable items).
Significant Operating Leverage and Margin Expansion
Delivered 833 basis points of positive operating leverage, with pre-tax margin expanding to 37% and return on tangible common equity (ROTCE) improving to 29%.
Net Interest Income Outperformance
Net interest income of $1.4 billion increased 18% year over year (and 2% quarter over quarter), driven by reinvestment of securities at higher yields and balance sheet growth.
Fee Revenue and Client Asset Growth
Fee revenue rose 11% year over year; firmwide AUCA reached $59.4 trillion (up 12% YoY) and assets under management were $2.1 trillion (up 6% YoY).
Securities Services Strength
Securities Services revenue of $2.7 billion, up 17% YoY; segment pre-tax income rose 46% YoY with a 39% pre-tax margin. ETF AUCA increased 33% YoY and Corporate Trust serviced $15 trillion of total debt (a company first).
Markets & Wealth Services Momentum
Markets and Wealth Services revenue of $1.9 billion, up 11% YoY; segment pre-tax income of $961 million, up 18% YoY, with a pre-tax margin of 51%. Average collateral balances rose to $7.8 trillion (+18% YoY).
Investment & Wealth Management Improvement
Investment and Wealth Management revenue of $825 million, up 6% YoY; segment pre-tax income increased 43% YoY and pre-tax margin improved to 11% from 8% a year ago.
Capital Return and Share Repurchase Authorization
Returned $1.4 billion to shareholders in the quarter (87% payout ratio) and the Board authorized a new $10 billion share repurchase program.
Balance Sheet and Liquidity Metrics
Tier 1 leverage ratio held at 6% (flat sequentially); consolidated liquidity coverage ratio (LCR) of 111% and net stable funding ratio (NSFR) of 131%.
Raised Full-Year Outlook and NII Guidance
Raised full-year 2026 total revenue outlook (excluding notable items) to approximately 6% YoY growth and expects full-year net interest income to be up ~10% YoY.
AI and Technology Adoption
Emphasized enterprise AI strategy: AI Hub and 'Eliza' platform in production, deployment of NVIDIA DGX SuperPOD, 218 AI solutions in production, and use of digital employees; cited AI-driven efficiency and client wins (e.g., Allianz GI, PayPal).
Foreign Exchange and Other Revenue Strength
Foreign exchange revenue increased ~49% YoY firmwide (44% in Securities Services); investment and other revenue totaled $271 million, including ~$135 million investment-related gains.
BK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 16, 2026 | $131.44 | $134.31 | +2.18% |
Jan 13, 2026 | $119.65 | $121.90 | +1.88% |
Oct 16, 2025 | $107.49 | $105.31 | -2.03% |
Jul 15, 2025 | $93.49 | $93.40 | -0.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bank of New York Mellon (BK) report earnings?
Bank of New York Mellon (BK) is schdueled to report earning on Jul 21, 2026, Before Open (Confirmed).
What is Bank of New York Mellon (BK) earnings time?
Bank of New York Mellon (BK) earnings time is at Jul 21, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BK EPS forecast?
BK EPS forecast for the fiscal quarter 2026 (Q2) is 2.18.
