•
Mar 31

BNY Mellon Q1 2025 Earnings Report

BNY Mellon reported strong financial results with higher revenue and profitability in Q1 2025.

Key Takeaways

BNY Mellon delivered solid Q1 2025 results with increased revenue and net income. EPS rose significantly, driven by higher net interest income and improved fee revenues. The bank maintained robust capital ratios and continued its transformation to a platform-based model.

Total revenue reached $4.792 billion, a 6% increase year-over-year.

Net income applicable to common shareholders was $1.149 billion.

EPS came in at $1.58, up 26% from the prior year.

Return on Tangible Common Equity (ROTCE) hit 24.2%.

Total Revenue
$4.79B
Previous year: $4.53B
+5.9%
EPS
$1.58
Previous year: $1.29
+22.5%
Assets Under Custody
$53.1T
Previous year: $48.8T
+8.8%
Assets Under Management
$2.01T
Previous year: $2.02T
-0.3%
CET1 Ratio
11.5%
Previous year: 10.8%
+6.5%

BNY Mellon

BNY Mellon

BNY Mellon Revenue by Segment

Forward Guidance

BNY is preparing for an uncertain macroeconomic environment while emphasizing continued transformation to a more integrated and platform-based company.

Positive Outlook

  • Strong capital position and liquidity ratios.
  • Continued investment in strategic platforms.
  • Resilient fee revenue and net interest income.
  • Efficient cost management driving margin improvement.
  • Solid client momentum in custody and clearing businesses.

Challenges Ahead

  • Macroeconomic outlook remains uncertain.
  • Changes in deposit mix impacting interest income.
  • Pressure on performance fees in asset management.
  • Flat year-over-year AUM growth.
  • Revenue headwinds in certain issuer services components.