BNY Reports Record Q2 Revenue of $5.7B, EPS of $2.45, Raises Full-Year Outlook

summarizeSummary

BNY posted record Q2 revenue of $5.7B (+13% YoY) and EPS of $2.45 (+27% YoY), driven by broad-based fee growth and higher net interest income. The company raised its full-year revenue and operating leverage outlook.

check_boxKey Events · Earnings and Guidance · BNY

• Record Revenue and Earnings

  Total revenue reached $5.7 billion, up 13% year-over-year, with diluted EPS of $2.45, a 27% increase. Fee revenue grew 11% and net interest income rose 20%.

• Margin and Profitability Expansion

  Pre-tax operating margin expanded to 39.8% from 36.6% a year ago. ROTCE improved to 31.3% from 27.8%, reflecting strong operating leverage.

• Capital Return to Shareholders

  BNY returned $1.5 billion to common shareholders in Q2, including $371 million in dividends and $1.1 billion in share repurchases. The total payout ratio year-to-date is 87%.

• Raised Full-Year 2026 Outlook

  Management now expects total revenue growth of 10-11% (up from ~5% previously) and ~400 bps of operating leverage, driven by higher net interest income and sustained fee momentum.

auto_awesomeAnalysis · BNY · Finance

BNY delivered a standout quarter with revenue up 13% to a record $5.7 billion and EPS surging 27% to $2.45. The pre-tax margin expanded to 39.8% and ROTCE hit 31.3%, both well above year-ago levels. Management raised its full-year revenue growth outlook to 10-11% and now expects ~400 bps of operating leverage, signaling confidence in sustained momentum. The company returned $1.5 billion to shareholders through dividends and buybacks, underscoring strong capital generation. This report reinforces BNY's position as a beneficiary of higher interest rates and robust client activity across its custody and wealth platforms.