The Bank Of New York Mellon Corporation · NYSE:BNY
The Bank Of New York Mellon — Q3 2025 Earnings Presentation
14 slides from The Bank Of New York Mellon's earnings presentation, Oct 16, 2025
Slide 1: 3Q25 Quarterly Update
3Q25 QUARTERLY UPDATE October 16, 2025
Slide 2: 3Q25 Financial Highlights
3Q25 Financial Highlights Revenue: + 9% • Revenue Growth: Revenue of $5.1bn up 9% YoY • Expense Discipline: Expense of $3.2bn up 4% YoY Expenses: + 4% • Margin Expansion: – 493 bps of operating leverage(b) – Pre-tax margin of 36% up 3%-pts YoY Pre-tax Margin: 36% • Improved Profitability: – ROE of 1
Slide 3: 3Q25 Financial Results
3Q25 Financial Results 3Q25 vs. $mm, except per share data or unless otherwise noted 3Q25 2Q25 3Q24 2Q25 3Q24 Income Statement Investment services fees $2,585 $2,583 $2,344 —% 10% Investment management and performance fees 782 758 794 3 (2) Foreign exchange revenue 166 213 175 (22) (5) Other fee rev
Slide 4: Capital and Liquidity
Capital and Liquidity 3Q25 2Q25 3Q24 Consolidated regulatory capital ratios(a) CAPITAL Tier 1 capital ($mm) $25,471 $25,472 $23,972 • Tier 1 leverage ratio of 6.1% up 2bps QoQ Average assets for Tier 1 leverage ratio ($mm) 419,077 420,131 398,381 Tier 1 leverage ratio 6.1% 6.1% 6.0% – Tier 1 capital
Slide 5: Net Interest Income and Balance Sheet Trends
Net Interest Income and Balance Sheet Trends Net Interest Income ($mm) • Net interest income of $1,236mm up 18% YoY and up 3% QoQ 1,194 1,203 1,236 1,159 – QoQ increase primarily reflecting the continued reinvestment of maturing 1,048 investment securities at higher yields, partially offset by chang
Slide 6: Securities Services
Securities Services Select Income Statement Data 3Q25 vs. • Total revenue of $2,459mm up 11% YoY $mm, unless otherwise noted 3Q25 2Q25 3Q24 – Investment services fees up 11% YoY Asset Servicing $1,141 4% 12% Issuer Services 313 (17) 10 > Asset Servicing up 12% YoY, primarily Total investment service
Slide 7: Market and Wealth Services
Market and Wealth Services Select Income Statement Data 3Q25 vs. • Total revenue of $1,767mm up 14% YoY $mm, unless otherwise noted 3Q25 2Q25 3Q24 – Investment services fees up 9% YoY Pershing $508 (1)% 7% Clearance and Collateral Management 398 3 12 > Pershing up 7% YoY, primarily reflecting Treasu
Slide 8: Investment and Wealth Management
Investment and Wealth Management Select Income Statement Data 3Q25 vs. • Total revenue of $824mm down 3% YoY $mm, unless otherwise noted 3Q25 2Q25 3Q24(a) – Investment Management down 4% YoY, Investment management fees(a) $776 4% (1)% primarily reflecting the mix of AUM flows and the Performance fee
Slide 9: Other Segment
Other Segment Select Income Statement Data • Total revenue includes corporate treasury and $mm, unless otherwise noted 3Q25 2Q25 3Q24 other investment activity, including hedging Fee revenue $(27) $(15) $(1) activity which has an offsetting impact between Investment and other revenue 45 33 55 fee an
Slide 10: Footnotes
Footnotes Page 4 – Capital and Liquidity (a) Regulatory capital and liquidity ratios for September 30, 2025 are preliminary. For our CET1 ratio, our effective capital ratios under the U.S. capital rules are the lower of the ratios as calculated under the Standardized and Advanced Approaches, which f
Slide 11: Return on Common Equity and Tangible Common Equity Reconciliation
Return on Common Equity and Tangible Common Equity Reconciliation $mm 3Q25 2Q25 3Q24 Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP $1,339 $1,391 $1,110 Add: Amortization of intangible assets 12 11 12 Less: Tax impact of amortization of intangible asse
Slide 12: Reconciliation of Non-GAAP Measures – Impact of Notable Items
Reconciliation of Non-GAAP Measures – Impact of Notable Items 3Q25 vs. $mm, except per share amounts 3Q25 2Q25 3Q24 2Q25 3Q24 Total revenue – GAAP $5,081 $5,028 $4,648 1% 9% Less: Disposal gain(a) 12 — — Adjusted total revenue, ex-notables — Non-GAAP $5,069 $5,028 $4,648 1% 9% Noninterest expense –
Slide 13: Cautionary Statement
Cautionary Statement A number of statements in our presentations, the accompanying slides and the responses to questions on our conference call discussing our quarterly results may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, inc
Slide 14: Slide 14
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