The Bank of New York Mellon reported record second-quarter revenue of $5.7 billion, up 13% year over year, driven by broad-based growth across its business segments and constructive capital market conditions. Diluted earnings per share rose 27% to $2.45, while net interest income increased 20% to $1.4 billion. Assets under custody and/or administration reached $62.6 trillion, up 12%, and assets under management grew 6% to $2.2 trillion. The company returned $1.5 billion to common shareholders in the quarter and raised its quarterly dividend by 19% to $0.63 per share. Management increased its 2026 total revenue growth outlook to a range of 10% to 11% and now expects full-year net interest income to rise between 12% and 13%.
The Bank of New York Mellon CorporationRecord Q2 revenue and EPS, raised full-year outlook, increased dividend and buyback.