BNY Mellon's second quarter revenue grew 13% to $5.7 billion, surpassing estimates as AUC/A reached a record $62.6 trillion.

BNY Mellon reported second quarter 2026 revenue of $5.7 billion and diluted EPS of $2.45, representing year-over-year growth of 13% and 27%, respectively. Both figures surpassed analyst expectations.

Key Highlights

• Assets Under Custody and Administration (AUC/A) increased 12% year-over-year to a record $62.6 trillion, exceeding the consensus estimate of $60.1 trillion.
• Net interest income grew 20% year-over-year to $1.45 billion, driven by the reinvestment of securities at higher yields and balance sheet growth.
• The firm's pre-tax operating margin expanded to 39.8% from 36.6% in the prior year, while Return on Tangible Common Equity (ROTCE) increased to 31.3% from 27.8%.