Bank of New York Mellon (BNY) Q2 FY2026 earnings: revenue $5.7 billion, up 13.3% on the year
Bank of New York Mellon Corp. (BNY) reported revenue of $5.7 billion for Q2 FY2026, the quarter ended 30 June 2026, up 13.3% on the same quarter a year earlier. Net income was $1.8 billion, up 23.8% on the year, and diluted earnings per share $2.45. The figures are the company's own, from the 10-Q it filed with the SEC on 31 July 2026.
Revenue
$5.7 billion
+13.3% on the year · +5.3% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
n/a
Q3 FY2024Q2 FY2026
Net income
$1.8 billion
+23.8% on the year · +7.9% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$2.45
+26.9% on the year · +9.4% on the quarter
Q3 FY2024Q2 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Revenue reached record level: Total revenue reached a record $5.7 billion, up 13% year-over-year. Noninterest expense rose 7% to $3.4 billion, and diluted EPS was $2.45, up 27%.
Fee revenue drove most growth: Fee revenue rose 11%, reflecting net new business, higher market values and higher client activity, partly offset by the mix of AUM flows.
Net interest income up 20%: Net interest income rose 20% to $1,446 million, from reinvesting securities at higher yields and balance sheet growth, partly offset by deposit margin compression.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
2,462
-3,013
2,197
+12.1%
Capital expenditure
487
617
359
-21.1%
+35.7%
Free cash flow
1,975
-3,630
1,838
+7.5%
Cash from investing
38,211
-83,723
-35,746
Cash from financing
-38,782
88,303
33,305
Depreciation and amortisation
398
415
426
-4.1%
-6.6%
Buybacks
1,103
983
895
+12.2%
+23.2%
Dividends paid
453
434
346
+4.4%
+30.9%
Dividend per share
$0.53
$0.53
$0.47
0.0%
+12.8%
Diluted shares, weighted
692m
698m
720m
-0.9%
-3.9%
Shares outstanding at period end
679m
686m
705m
-1.1%
-3.8%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
44,664
44,783
43,950
-0.3%
+1.6%
Non-controlling interest
600
455
478
+31.9%
+25.5%
Redeemable equity
84.0
81.0
111
+3.7%
-24.3%
Deposits
370,541
417,080
346,393
-11.2%
+7.0%
Repurchase agreements
26,114
19,506
15,492
+33.9%
+68.6%
Trading liabilities
5,299
4,747
6,134
+11.6%
-13.6%
Debt
61,699
53,265
51,575
+15.8%
+19.6%
Other liabilities
16,018
21,600
21,648
-25.8%
-26.0%
Total liabilities and equity
525,019
561,517
485,781
-6.5%
+8.1%
Fixed assets
3,910
3,796
3,289
+3.0%
+18.9%
Goodwill
16,731
16,734
16,823
-0.0%
-0.5%
Intangible assets
2,800
2,809
2,849
-0.3%
-1.7%
Securities held for sale or to maturity
155,656
155,615
147,068
+0.0%
+5.8%
Loans
88,519
101,024
72,821
-12.4%
+21.6%
Resale agreements
48,937
43,660
45,547
+12.1%
+7.4%
Securities borrowed
23,654
19,122
17,525
+23.7%
+35.0%
Trading assets
16,836
16,488
12,610
+2.1%
+33.5%
Cash and equivalents
7,483
6,390
5,699
+17.1%
+31.3%
Other assets
160,493
195,879
161,550
-18.1%
-0.7%
Total assets
525,019
561,517
485,781
-6.5%
+8.1%
Questions
What was Bank of New York Mellon's revenue in Q2 FY2026?
Bank of New York Mellon (BNY) reported revenue of $5.7 billion for Q2 FY2026, the quarter ended 30 June 2026, up 13.3% on the same quarter a year earlier.
How much did Bank of New York Mellon earn in Q2 FY2026?
Net income for Q2 FY2026 was $1.8 billion, up 23.8% on the year, and diluted earnings per share $2.45.
When did Bank of New York Mellon report Q2 FY2026 results?
Bank of New York Mellon filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 31 July 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 June 2026, filed 31 July 2026: the filing.