Q2 25 EPS
$1.93
BEAT +10.56%
Est. $1.75
Q2 25 Revenue
$5.03B
BEAT +4.58%
Est. $4.81B
vs S&P Since Q2 25
+26.6%
BEATING MARKET
BK +42.4% vs S&P +15.8%
Market Reaction
Did BK Beat Earnings? Q2 2025 Results
BNY Mellon delivered a landmark second quarter, crossing the $5.00 billion revenue threshold for the first time in company history and posting results that cleared Wall Street's expectations on every major metric. Earnings per share came in at $1.93,… Read more BNY Mellon delivered a landmark second quarter, crossing the $5.00 billion revenue threshold for the first time in company history and posting results that cleared Wall Street's expectations on every major metric. Earnings per share came in at $1.93, beating the $1.74 consensus estimate by 10.56%, while revenue of $5.03 billion topped forecasts by 4.58%. The standout driver was broad-based fee and interest income momentum, with net interest income surging 17% as maturing securities were reinvested at higher yields, helping expand the pre-tax margin to 37% from 33% a year ago and lift ROTCE to 27.8%. The company's ongoing transformation also showed early dividends, with record sales in both quarters of the first half following the rollout of a new commercial model. A 13% dividend increase, backed by Federal Reserve stress test results affirming the company's financial resilience, underscored management's confidence heading into the back half of the year. Looking ahead, BNY raised its 2025 fee revenue growth outlook to high-single-digits, with total revenue now expected to climb approximately 8-9% for the full year.
Key Takeaways
- • Net new business and higher client activity driving fee revenue growth of 7% YoY
- • Reinvestment of maturing investment securities at higher yields driving 17% NII growth
- • Balance sheet growth with average deposits up 5% YoY to $300 billion
- • Higher market values boosting AUC/A to $55.8 trillion, up 13% YoY
- • Foreign exchange revenue up 16% YoY driven by client activity
- • Higher collateral management balances up 16% YoY to $7.1 trillion
- • Favorable impact of weaker U.S. dollar on international revenues
BK YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
BK Revenue by Segment
With YoY comparisons, source: SEC Filings
“BNY delivered a strong performance in the second quarter. Total revenue was up 9% year-over-year and for the first time exceeded $5 billion in a quarter. We also generated another quarter of significant positive operating leverage which resulted in an improved pre-tax margin of 37% and an ROTCE of 28%.”
— Robin Vince, Q2 2025 Earnings Press Release
BK Earnings Trends
BK vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BK EPS Trend
Earnings per share: estimate vs actual
BK Revenue Trend
Quarterly revenue: estimate vs actual
BK Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $2.25 | — | $5.41B | — |
| Q4 25 BEAT FY | $1.90 | $2.08 | +9.47% | $5.18B | — |
| FY Full Year | $7.37 | $7.50 | +1.83% | $20.08B | +0.22% |
| Q3 25 BEAT | $1.77 | $1.91 | +8.07% | $5.08B | +2.10% |
| Q2 25 BEAT | $1.75 | $1.93 | +10.56% | $5.03B | +4.58% |
| Q1 25 BEAT | $1.49 | $1.58 | +5.93% | $4.79B | +0.39% |