BNY (BK) Q1 Earnings: $5.4B Revenue, 42% EPS Growth Reported

Published on · Source: finance.yahoo.com

BNY (BK) Q1 Earnings: $5.4B Revenue, 42% EPS Growth Reported

AI Summary

Summarized by AI from the source below

BNY (BK) reported Q1 2026 earnings with record revenue of $5.4 billion, representing a 13% increase year-over-year. Earnings per share were $2.24, up 42% year-over-year, attributed to broad-based growth in Securities Services and Market and Wealth Services. The firm experienced 800 basis points of positive operating leverage, with a pre-tax margin of 37% and a return on tangible common equity of 29%. Fee revenue rose 11% year-over-year, while net interest income increased by 18% to $1.4 billion, demonstrating strong operational performance despite a volatile market backdrop.

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About The Bank of New York Mellon (BK)

BNY Mellon is the world’s largest custodian bank.

The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.

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