BNY Mellon (BNY)
Financials · $103B market cap · SEC CIK 0001390777
fundamentals score out of 100
Next reports on Oct 15, 2026, with analysts expecting $2.27 in earnings per share.
The case for BNY
- Earnings per share up 31.7%.
- Reasonably priced at 16.4× earnings.
- A PEG of 0.52: a P/E of 16.4× is low for EPS growing 32%.
- Pays a modest 1.7% dividend.
- Up 41.6% over the past year.
The case against
- Stability is weak (41/100): beta 1.02, a 38% swing over the year.
- Weakest against its peers: return on equity of 14% is lower than 56% of Financials companies.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 57 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 71 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 44 |
| Momentumhow the price has behaved lately | 75 |
| Stabilityhow violently it moves, what it owes and what it pays you | 41 |
- Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
- Each factor except momentum is half fixed thresholds, half rank among the 74 Financials companies.
Key numbers
| Price / earnings | 16.4× |
|---|---|
| Price / book | 2.20× |
| Price / sales | n/a |
| Revenue growth (YoY) | — |
| EPS growth (YoY) | +31.7% |
| Gross margin | — |
| Operating margin | — |
| Net margin | — |
| Return on equity | 14% |
| Debt / equity | 1.38× |
| Current ratio | n/a |
| Dividend yield | 1.72% |
| Beta | 1.02 |
| 52-week range | $103.11 – $165.84 |
| Position in that range | 75% of the way up |
| 3-month return | +7.1% |
| 1-year return | +41.6% |
Five years of financials, as filed
Pulled from BNY Mellon's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $20.1B | $18.6B | $17.7B | $16.5B | $15.9B |
| Net income | $5.5B | $4.5B | $3.3B | $2.6B | $3.8B |
| Operating cash flow | $6.7B | $687M | $5.9B | $15.1B | $2.8B |
| Capital expenditure | $1.6B | $1.5B | $1.2B | $1.3B | $1.2B |
| Total assets | $472B | $416B | $410B | $406B | $444B |
| Total liabilities | $427B | $374B | $369B | $365B | $401B |
| Shareholder equity | $44.3B | $41.3B | $40.8B | $40.7B | $43.0B |
| Cash | $5.1B | $4.2B | $4.9B | $5.0B | $6.1B |
| Long-term debt | $31.9B | $30.9B | $31.3B | $30.5B | $25.9B |
| Free cash flow | $5.2B | -$782M | $4.7B | $13.7B | $1.6B |
| Net margin | 27.6% | 24.3% | 18.7% | 15.5% | 23.6% |
| Diluted shares | 717M | 748M | 788M | 815M | 856M |
Share count is down 16.3% over 4 years. Buybacks have been shrinking the pie.
What BNY Mellon says it does
Description of Business The Bank of New York Mellon Corporation, a Delaware corporation (NYSE symbol: BK), is a global financial services platforms company headquartered in New York, New York, with $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management as of Dec. 31, 2025. With its subsidiaries, BNY has been in business since 1784. We divide our businesses into three principal business segments: Securities Services, Market and Wealth Services and Investment and Wealth Management. We also have an Other segment, which includes the corporate treasury activities (including our securities portfolio), tax credit investments and other corporate investments, corporate and bank-owned life insurance, derivatives and other trading activity, and certain business exits. For a further discussion of BNY’s lines of business, products and services, see the "Overview," "Summary of financial highlights,"…
Risk factors BNY lists in its 10-K
- Investors should not place undue reliance on any forward-looking statement and should consider all risk factors discussed in the Annual Report and any subsequent reports filed with the SEC by BNY pursuant to the Exchange Act