NYSE: BNY
BNY Mellon
Financials · State Commercial Banks
52-week range
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$97.3B
Show tableHide table
| Period | Market cap |
|---|---|
| FY2016, ended Dec 31, 2016 | $49.2B |
| FY2017, ended Dec 31, 2017 | $54.4B |
| FY2018, ended Dec 31, 2018 | $44.9B |
| FY2019, ended Dec 31, 2019 | $44.8B |
| FY2020, ended Dec 31, 2020 | $37.3B |
| FY2021, ended Dec 31, 2021 | $46.7B |
| FY2022, ended Dec 31, 2022 | $36.6B |
| FY2023, ended Dec 31, 2023 | $39.3B |
| FY2024, ended Dec 31, 2024 | $55.0B |
| FY2025, ended Dec 31, 2025 | $79.7B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $97.3B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$22.0B
Show tableHide table
| Period | Revenue |
|---|---|
| FY2016, ended Dec 31, 2016 | $15.2B |
| FY2017, ended Dec 31, 2017 | $15.5B |
| FY2018, ended Dec 31, 2018 | $16.4B |
| FY2019, ended Dec 31, 2019 | $16.5B |
| FY2020, ended Dec 31, 2020 | $15.8B |
| FY2021, ended Dec 31, 2021 | $15.9B |
| FY2022, ended Dec 31, 2022 | $16.5B |
| FY2023, ended Dec 31, 2023 | $17.7B |
| FY2024, ended Dec 31, 2024 | $18.6B |
| FY2025, ended Dec 31, 2025 | $20.1B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $22.0B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $3.55B | $5.44B |
| FY2017, ended Dec 31, 2017 | $4.09B | $3.47B |
| FY2018, ended Dec 31, 2018 | $4.27B | $4.89B |
| FY2019, ended Dec 31, 2019 | $4.44B | −$1.11B |
| FY2020, ended Dec 31, 2020 | $3.62B | $3.82B |
| FY2021, ended Dec 31, 2021 | $3.76B | $1.62B |
| FY2022, ended Dec 31, 2022 | $2.56B | $13.7B |
| FY2023, ended Dec 31, 2023 | $3.30B | $4.69B |
| FY2024, ended Dec 31, 2024 | $4.53B | −$782M |
| FY2025, ended Dec 31, 2025 | $5.55B | $5.18B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $6.54B | $7.14B |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$6.74B
Show tableHide table
| Period | Cash and cash equivalents |
|---|---|
| FY2016, ended Dec 31, 2016 | $4.82B |
| FY2017, ended Dec 31, 2017 | $5.38B |
| FY2018, ended Dec 31, 2018 | $5.86B |
| FY2019, ended Dec 31, 2019 | $4.83B |
| FY2020, ended Dec 31, 2020 | $6.25B |
| FY2021, ended Dec 31, 2021 | $6.06B |
| FY2022, ended Dec 31, 2022 | $5.03B |
| FY2023, ended Dec 31, 2023 | $4.92B |
| FY2024, ended Dec 31, 2024 | $4.18B |
| FY2025, ended Dec 31, 2025 | $5.11B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $6.74B |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$40.2B
Show tableHide table
| Period | Total debt |
|---|---|
| FY2016, ended Dec 31, 2016 | $24.5B |
| FY2017, ended Dec 31, 2017 | $28.0B |
| FY2018, ended Dec 31, 2018 | $29.2B |
| FY2019, ended Dec 31, 2019 | $27.5B |
| FY2020, ended Dec 31, 2020 | $26.0B |
| FY2021, ended Dec 31, 2021 | $25.9B |
| FY2022, ended Dec 31, 2022 | $30.5B |
| FY2023, ended Dec 31, 2023 | $31.3B |
| FY2024, ended Dec 31, 2024 | $31.2B |
| FY2025, ended Dec 31, 2025 | $33.9B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $40.2B |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Down 35.1% since 2016.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.673M
Show tableHide table
| Period | Shares outstanding |
|---|---|
| FY2016, ended Dec 31, 2016 | 1.04B |
| FY2017, ended Dec 31, 2017 | 1.01B |
| FY2018, ended Dec 31, 2018 | 955M |
| FY2019, ended Dec 31, 2019 | 890M |
| FY2020, ended Dec 31, 2020 | 879M |
| FY2021, ended Dec 31, 2021 | 804M |
| FY2022, ended Dec 31, 2022 | 804M |
| FY2023, ended Dec 31, 2023 | 754M |
| FY2024, ended Dec 31, 2024 | 716M |
| FY2025, ended Dec 31, 2025 | 687M |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | 673M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Net: $4.05B more bought back than issued
Show tableHide table
| Period | Bought back | Paid to employees | Sold for cash |
|---|---|---|---|
| FY2016, ended Dec 31, 2016 | $2.40B | — | $27.0M |
| FY2017, ended Dec 31, 2017 | $2.69B | — | $34.0M |
| FY2018, ended Dec 31, 2018 | $3.27B | — | $40.0M |
| FY2019, ended Dec 31, 2019 | $3.33B | — | $21.0M |
| FY2020, ended Dec 31, 2020 | $989M | — | $12.0M |
| FY2021, ended Dec 31, 2021 | $4.57B | — | $13.0M |
| FY2022, ended Dec 31, 2022 | $124M | — | $14.0M |
| FY2023, ended Dec 31, 2023 | $2.60B | $0 | $16.0M |
| FY2024, ended Dec 31, 2024 | $3.06B | $0 | $17.0M |
| FY2025, ended Dec 31, 2025 | $3.54B | $1.00M | $19.0M |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $4.07B | — | $20.0M |
Revenue (TTM)
$22.0B
+11.2% YoY
Net income (TTM)
$6.54B
+24.8% YoY
Cash
$6.74B
+33.3% YoY
Total debt
$40.2B
+15.9% YoY
Valuation
At current price- Market Cap
- $99.0B
- P/E
- 15.1×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 4.5×
- Price / Book
- 2.3×
- EV / EBITDA
- —. (Market cap + debt − cash) / EBITDA (TTM)
Growth
Trailing 12 months- Revenue (TTM)
- $22.0B
- Revenue Growth YoY
- 11.2%
- Revenue CAGR 3Y
- 6.7%
- Revenue CAGR 5Y
- 4.9%
- EPS Growth YoY
- 30.3%
- Net Income Growth YoY
- 24.8%
Profitability
Trailing 12 months- Gross Margin
- —
- Operating Margin
- —
- Net Margin
- 29.8%
- FCF Margin
- 32.5%
- Return on Equity
- 15.0%
Earnings
Trailing 12 months- Net Income
- $6.54B
- EPS (diluted)
- $9.03
- EBITDA
- —. Operating income + depreciation & amortization
- Operating Income
- —
Balance Sheet
As of Sep 30, 2026- Cash and cash equivalents
- $6.74B
- Total Debt
- $40.2B
- Net Debt
- $33.4B
- Total Assets
- $494B
- Total Liabilities
- $450B
- Shareholders' Equity
- $43.6B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $9.37B
- Capital Expenditure
- $2.22B
- Free Cash Flow
- $7.14B
Dividends and risk
Last 12 months- Dividend Yield
- 1.6%
- Dividend / Share
- $2.42
- Beta (5Y)
- 1.06
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 11.2% year over year, at $22.0B.
Note
Net margin of 29.8% over the last 12 months.
Strength
Turns 32.5% of revenue into free cash flow.
Strength
Share count is down 3.5% in a year, from buybacks.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-Q for the quarter ended Sep 30, 2026 · filed Oct 30, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K71Good news
10-K for the fiscal year ended Dec 31, 2025
Filed Feb 25, 2026 · Read the filing on EDGAR
- Profit to common shareholders rose about 22% to $5.3 billion ($7.40 per share), up from $4.3 billion ($5.80).
- Total revenue grew 8%: net interest income jumped 15% and fee revenue rose 6%, while costs rose only 3%.
- The investment management unit lagged: revenue fell 4%, pre-tax profit fell 10%, and clients pulled $93 billion from long-term funds.
- The Investment Management unit's estimated value is only about 10% above its book value, so a goodwill write-down remains possible.
Business momentum
Strong improvement
“We reported net income applicable to common shareholders of $5.3 billion, or $7.40 per diluted common share, in 2025”
Outlook
Not discussed
Financial stress
Low
“Our CET1 ratio calculated under the Standardized Approach was 11.9% at Dec. 31, 2025 and 11.2% at Dec. 31, 2024.”
Tone against the previous report
About the same
Red flags
None found in this report.
Positives
Net interest income up 15%
“Net interest income increased 15%, primarily reflecting the reinvestment of maturing investment securities at higher yields and balance sheet growth”
Assets held for clients grew 14%
“AUC/A totaled $59.3 trillion at Dec. 31, 2025 compared with $52.1 trillion at Dec. 31, 2024.”
Securities Services pre-tax profit up 26%
“Income before income taxes $ 3,219 $ 2,564 $ 2,141 26 % 20 %”
Concerns
Investment and Wealth Management revenue and profit fell
“Total revenue of $3.3 billion decreased 4% compared with 2024.”
Clients keep pulling money from long-term funds
“Net long-term strategy outflows were $93 billion in 2025, primarily driven by outflows of index, liability-driven investments and equity investments”
Little room before a goodwill write-down
“the fair value of the Investment Management reporting unit exceeded its carrying value by approximately 10%.”
New risks since the previous report
AI tools and 'digital employees' bring new operating risks
“Our use and deployment of artificial intelligence, for example digital engineers and other digital employees, has introduced operational and control risks”
Digital asset custody losses may be hard to recover
“Losses of certain types of assets, such as digital assets, may be distinctly difficult to recover and could subject us to customer disputes, claims for reimbursement, losses”
Lawsuits in Russia over payments blocked by sanctions
“we have faced actual and threatened litigation in Russia with respect to payments that we cannot make and are contractually excused from paying under applicable international sanctions laws.”
Biggest risks named
- Interest income swings as rates and deposit mix change
- Market declines and outflows reducing fee revenue
- Goodwill write-down in Investment Management
- Cyber attacks, technology and AI-related failures
- Strict capital, liquidity and regulatory requirements
Artificial intelligence in this business: Material to the business
How the score adds up
| Starting point | 60 | |
| Business momentum | +12 | |
| Outlook | 0 | |
| Tone against the previous report | 0 | |
| Financial stress | 0 | |
| Red flags | 0 | |
| New risks | −1.5 | |
| Score | 71 | |
Written by AI (Claude Opus 5.5) from the report’s text. 11 of 11 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-Q | Oct 30, 2026 | Pro | |||
| 10-K | Feb 25, 2026 | 71 | Strong improvement | None | |
| 10-K | Feb 27, 2025 | 75 | Strong improvement | None | |
| 10-K | Feb 28, 2024 | 68 | Strong improvement | 1 medium | |
| 10-K | Feb 27, 2023 | 52 | Mixed | 1 medium1 minor | |
| 10-K | Feb 25, 2022 | 69 | Improving | None | |
| 10-K | Feb 25, 2021 | 48 | Weakening | None | |
| 10-K | Feb 27, 2020 | 51 | Mixed | 1 minor | |
| 10-K | Feb 27, 2019 | 65 | Improving | None | |
| 10-K | Feb 28, 2018 | 65 | Improving | 1 minor |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q3 FY2026 (period ended Sep 30, 2026), filed Oct 30, 2026. View filings on SEC EDGAR