BNY delivered a record $5.7 billion in total revenue for the second quarter of 2026, up 13% year over year, and raised its full-year outlook. Earnings per share rose 27% to $2.45, with pre-tax margin reaching 40% and return on tangible common equity hitting 31%. CEO Robin Vince highlighted broad-based growth across the firm's diversified businesses, supported by a dynamic market backdrop and the company's new commercial and platform operating models. CFO Dermot McDonogh increased the 2026 total revenue growth forecast to 10% to 11%, with net interest income expected to rise 12% to 13%, and now projects approximately 400 basis points of positive operating leverage for the year. The firm also reported a 14th consecutive quarter of year-over-year sales growth, with average deal size up more than 20% and about 10% of deals coming from entirely new clients.
The Bank of New York Mellon CorporationRecord revenue, raised 2026 outlook, strong earnings and margin expansion.