The Bank of New York Mellon Corporation (BK) Earnings Call Transcripts

The Bank of New York Mellon Corporation's Latest Earnings Call - Q1 FY2026

In Q1 2026, The Bank of New York Mellon Corporation (BNY) reported strong financial performance, with EPS of $2.24, up 42% YoY, and record revenue of $5.4 billion, a 13% increase YoY. The company achieved significant operating leverage, expanding pretax margins to 37% and return on tangible common equity to 29%. Management raised full-year revenue growth guidance to approximately 6% and expects net interest income to rise by 10% YoY. These results and guidance adjustments could positively influence the stock, reflecting robust client engagement and strategic investments in AI and new technologies.

Reported metrics

Guidance from management

BNY raised its full-year 2026 revenue growth guidance to approximately 6% YoY and expects net interest income to increase by 10% YoY. Expense growth is anticipated to be at the top of the 3% to 4% range.

What management said

So we expect we expect deposit balances to kind of revert to more seasonal patterns from here. We expect Q2 to be moderate -- slightly down from Q1. Q3 is usually our -- kind of seasonally our weakest quarter with Q4 being our strongest quarter. But over the balance of the year, we expect balances to be modestly higher relative to 2025. We've run a bunch of scenarios, different rate environments, different levels, ta...

Thanks for the question. Look, the recent rule is broadly favorable for BNY before when we talked about it on previous calls, we kind of gave a preliminary estimate of 5% to 7% based on the original proposals. And now we expect a flat to modest reduction. And so look, it just reinforces what we say about our balance sheet, the strength of a liquid balance sheet, low-risk nature of the balance sheet. And so we feel go...

What analysts pressed on

Analysts expressed concerns about the sustainability of deposit trends and the impact of elevated market volatility on fee and NII performance. Questions were raised about the potential for AI to drive further efficiency and growth, and whether current investments are sufficient.

Main topics on the call

• Revenue Growth — BNY reported record revenue of $5.4 billion, up 13% YoY, driven by broad-based growth across Securities Services and Market and Wealth Services. Management highlighted 'broad-based growth across our Securities Services a...
• AI Integration — BNY emphasized its strategic focus on AI, with over 200 AI solutions developed and integrated across the company. Management stated, 'AI is for everyone, everywhere and everything,' highlighting its role in enhancing pro...
• Client Wins and Strategic Partnerships — BNY secured significant client wins, including Allianz Global Investors and PayPal, showcasing its strategic evolution and integration capabilities. Management noted, 'AGI has selected BNY to support optimizing their inv...
• Operating Leverage and Margin Expansion — BNY achieved over 800 basis points of positive operating leverage, expanding pretax margins to 37%. This was attributed to 'strong top line growth and significant operating leverage.'

Read the full The Bank of New York Mellon Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 6 The Bank of New York Mellon Corporation earnings call transcripts on record, spanning September 9, 2025 to April 16, 2026. Based on this history, The Bank of New York Mellon Corporation reports quarterly. The most recent call on file is dated April 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BK

Exchange

NYSE

Country

US

Sector

Financials

Industry

Capital Markets

Calls on record

6

First call

September 9, 2025

Most recent

April 16, 2026

Reporting cadence

quarterly