The Bank of New York Mellon Corporation (BNY) Earnings Call Transcripts
The Bank of New York Mellon Corporation's Latest Earnings Call - Q3 FY2026
In the third quarter of 2026, The Bank of New York Mellon Corporation (BNY) reported a robust performance with earnings per share (EPS) of $2.34, reflecting a 24% year-over-year increase, and total revenue of $5.7 billion, which is up 12% year-over-year. The company raised its guidance for 2026, now expecting total revenue growth to be in the range of 12% to 13%, and net interest income to rise by 15%. This strong performance, driven by broad-based growth across business segments, positions BNY favorably in a dynamic market environment, although analysts expressed concerns about rising expenses and the impact of market volatility on future earnings.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $5.7B (beat) |
| Earnings Per Share (EPS) | $2.34 (beat) |
| Pretax Margin | 39% (positive) |
| Return on Tangible Common Equity | 29% (positive) |
| Net Interest Income | $1.4B (positive) |
| Expenses | $3.5B (negative) |
Guidance from management
Management expects total revenue growth for 2026 to be in the range of 12% to 13% and net interest income to increase by 15%. They raised their operating leverage expectation to nearly 500 basis points for the year.
What management said
So like I don't believe we're pulling forward. It's typically seasonal. There are a few idiosyncratic items that happen in the fourth quarter. And then there are some things around compensation matters so one-off stuff, some vendor-related stuff. There are 3 or 4 things that are in there. none of them meaningful in itself, but when you add it up, it kind of gives that uptick, but it wouldn't be a place where you woul...
So organic growth is sort of a, I'll call it, the longer-term story for us is how we look at it. We just don't reported on a quarterly basis. We don't guide to it on a quarterly basis. It's really the long-term trend that we think is the focus area in terms of the progress of the company. You'll remember we were at 0 in organic growth in '22, in '23, 2% in 2024 and we increased that by 50% from 2% to 3% in 2025, and ...
What analysts pressed on
Analysts expressed concerns regarding the rising expenses, which were up 8% year-over-year, and the potential impact of market volatility on future earnings. Questions were raised about the sustainability of margins in light of these expenses and the overall economic environment.
Main topics on the call
- Strong Revenue Growth — BNY reported total revenue of $5.7 billion, up 12% year-over-year, driven by a 15% increase in investment services fees. CEO Robin Vince stated, "Our growth was broad-based across our business segments, resulting in firm...
- Earnings Performance — Earnings per share increased by 24% year-over-year to $2.34, supported by a solid pretax margin of 39%. CFO Dermot McDonogh noted, "We reported earnings per share of $2.34, up 24% year-over-year."
- Guidance Increase — Management raised its outlook for 2026, now expecting nearly 500 basis points of positive operating leverage and total revenue growth in the 12% to 13% range. Dermot McDonogh stated, "We are once again raising our outloo...
- AI Integration and Innovation — BNY is embedding AI across its operations, with CEO Vince emphasizing, "At BNY, AI is for everyone, everywhere and everything." This strategy aims to enhance productivity and client service capabilities.
Read the full The Bank of New York Mellon Corporation transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About The Bank of New York Mellon Corporation
The Bank of New York Mellon Corporation (BNY) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 75 calls on record spanning January 16, 2020 to October 15, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 75 The Bank of New York Mellon Corporation earnings call transcripts on record, spanning January 16, 2020 to October 15, 2026. Based on this history, The Bank of New York Mellon Corporation reports quarterly. The most recent call on file is dated October 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- BNY
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 75
- First call
- January 16, 2020
- Most recent
- October 15, 2026
- Reporting cadence
- quarterly