BNY Q2 2026: revenue up 13.3% to $5.70 billion, EPS $2.45
BNY beat consensus and grew revenue 13.3% to $5.70 billion, and all three main businesses contributed. The headline numbers are strong: $2.45 of GAAP EPS against a $2.2442 estimate, a 39.8% pre-tax operating margin and a 31.3% return on tangible common equity. The catch sits under the surface, where deposit margin compression and an 87% year-to-date payout ratio limit how far the pace can stretch.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $2.45 rose 26.9% from $1.93 and landed $0.21 above the $2.2442 consensus estimate, a 9.2% beat. Adjusted EPS was $2.46, so only a penny of profit came from items management strips out. Net income of $1.76 billion was up 23.8% from $1.42 billion, helped by an effective tax rate of 21.0%.
Revenue rose 13.3% to $5.70 billion from $5.03 billion a year earlier, with fee revenue up 10.9% to $4.04 billion and net interest income up 20.2% to $1.45 billion. Securities Services brought in $2.83 billion, Market and Wealth Services $1.97 billion and Investment and Wealth Management $0.86 billion, so growth came from every main engine. That is the cleanest kind of beat: broad rather than a single one-off gain.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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