The Bank of New York Mellon Corporation (BNY) Earnings Call Transcripts

The Bank of New York Mellon Corporation's Latest Earnings Call - Q2 FY2026

In the second quarter of 2026, The Bank of New York Mellon Corporation (BNY) reported a strong performance with earnings per share (EPS) of $2.45, reflecting a 27% year-over-year increase. Total revenue reached a record $5.7 billion, up 13% year-over-year, driven by broad-based growth across its business segments. Management raised its revenue guidance for the fiscal year 2026 to an expected growth of 10% to 11%, indicating confidence in continued momentum despite a challenging operating environment.

Reported metrics

Guidance from management

Management expects total revenue growth for 2026 to be between 10% and 11%, with net interest income anticipated to grow by 12% to 13%. Expenses are expected to increase by 6% to 7% year-over-year.

What management said

Dermot is just going to make a couple of comments. And then I want to just come back with a broader comment about the white space and the value that we're actually offering to clients because I think these 2 things should really be seen in concert.

And by the way, that same fact is true with clients, that is to say more versus the past for clients who buy 2 or more things from us, 3 or more things for us, 4 or more things for us, 5 or more things from us. It's kind of a remarkable thing to see inside the commercial organization, how there's growth across the board. And I think that goes to that value point.

What analysts pressed on

Analysts expressed concerns about the sustainability of growth rates in the upcoming quarters, particularly in light of seasonal slowdowns and tougher year-over-year comparisons. There were also questions regarding the impact of interest rate changes on net interest income.

Main topics on the call

• Record Revenue and EPS Growth — BNY achieved total revenue of $5.7 billion, a 13% increase year-over-year, and EPS of $2.45, up 27% year-over-year. Management noted, 'We generated approximately 600 basis points of positive operating leverage.'
• Increased Guidance for 2026 — Management raised its revenue outlook for 2026 to 10%-11% growth, up from previous estimates. Dermot McDonogh stated, 'Our strong performance over the past 6 months... gives us confidence to significantly increase our ou...
• AI and Digital Asset Innovations — BNY is focusing on AI as a key growth driver, with management stating, 'AI is helping us to run the company better... and can expand the perimeter for BNY.' This indicates a strategic emphasis on integrating AI into oper...
• Strong Client Engagement and Sales Growth — The company reported its 14th consecutive quarter of year-over-year sales growth, with an average deal size up by over 20% year-over-year. Robin Vince noted, 'We are starting to see the benefits' from a sharpened go-to-m...

Read the full The Bank of New York Mellon Corporation transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 67 The Bank of New York Mellon Corporation earnings call transcripts on record, spanning January 16, 2020 to July 15, 2026. Based on this history, The Bank of New York Mellon Corporation reports quarterly. The most recent call on file is dated July 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BNY

Exchange

NYSE

Country

US

Sector

Financials

Industry

Capital Markets

Calls on record

67

First call

January 16, 2020

Most recent

July 15, 2026

Reporting cadence

quarterly