Apr. 16 at 11:09 AM
$BK BNY Mellon reports Q1 EPS
$2.25, consensus
$1.93
Reports Q1 revenue
$5.41B, consensus
$5.19B. The company said: "BNY had a strong start to 2026 with record revenue of
$5.4 billion in the first quarter, up 13% year-over-year, reflecting broad-based growth across our Securities Services and Market and Wealth Services businesses. We delivered over 800 basis points of positive operating leverage, while investing in new products, capabilities, AI, and - critically - our people and culture. Taken together, we reported a pre-tax margin of 37%, generated an ROTCE of 29%, and grew earnings per share by 42% year-over-year.
The portfolio of BNY's businesses is unique, but it is how we are embracing new ways of working, our adoption and integration of new technologies and our strong culture that is enabling us to create truly differentiated solutions for our clients. As a result, our sales momentum continues. We delivered the strongest quarterly sales performance in our history, and since the beginning of the year, we announced several very strategic business wins. Amid a dynamic operating environment, our diversified business model, combined with our strong balance sheet, allows us to serve as a pillar of strength for our clients and markets around the world, as our teams continue to execute on our long-term plan to unlock BNY's full potential for our clients and shareholders."