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Friday 6 November 2026 Export BNY’s income statement to Excel — free account

BNY

BNY Financial Banks Diversified

BNY’s revenue for fiscal 2025 (year ended December 2025) was $40.8 billion, up 2.12% from fiscal 2024.

Revenue
−4.67%
EPS
+24.7%
Free cash flow
+369.6%
Total debt
+5.35%

Quarter to September 2026, against a year earlier

148.20 0.71 +0.48%
Market cap
$99.3B
P/E
16.2×
Fwd P/E
15.8×
Dividend yield
1.71%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Insider Decisions last twelve months

Sold, $m 20.51
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — 4 — — 1 1 1 2 —
Insider Ownership 0.39%

Capital & Financial Ratios $m

Size
Market Cap 99,250.00
Revenue ttm 40,146.00
Net income ttm 6,578.00
Free cash flow ttm 7,144.00
Net debt Q (163,680.00)
Valuation
P/E 16.17
Forward P/E 15.80
Price / sales 2.50
Forward P/S Powerpack
Price / FCF 14.06
Price / book 2.52
Financial health
Current ratio Q 0.72
Debt / equity Q 0.78
Interest coverage Q —
Growth
Revenue growth Q −4.67% (below 0%: shrinking)
Operating income growth Q +18.03% (above 0%: growing)
EPS, this year +26.35% (at or above 15%: strong)
EPS, next year A +11.28%
Revenue, next year A −44.86% (below 0%: weak)
EPS, past 5 yrs +14.08%
EPS, next 5 yrs A +16.37% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 89.66%
10-year low 10-year high
P/S against its own 10 years 59.66%
10-year low 10-year high
P/B against its own 10 years 97.58%
10-year low 10-year high

Dividends

Yield
1.71%
Annual rate
2.52
Payout ratio
27.9%
Growth, 2018–26
+5.61%/yr
  1. 1.57 ’18
  2. 1.72 ’19 +10
  3. 1.85 ’20 +7
  4. 1.98 ’21 +7
  5. 1.97 ’22 −1
  6. 1.99 ’23 +1
  7. 2.32 ’24 +17
  8. 2.61 ’25 +13
  9. 2.42 ’26 −7
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 167,569 158,463 190,685 197,993
Receivables — — — —
Inventory — — — —
Other — — — —
235,295 231,032 272,490 288,411
2023 2024 2025 Q'26
Payables 302,064 309,597 353,766 358,716
ST’ Debt — — — —
Other 6,226 4,865 6,135 6,854
328,208 334,097 386,440 402,566

Compound Annual Growth %

10y 5y 3y
Sales 10.16% 19.20% 26.49%
Cash Flow 5.01% 5.96% (23.56%)
Earnings 5.83% 9.16% 31.28%
Book Value 1.44% (0.54%) 3.16%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 2.26 Actual 2.37

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q2 FY26 2.20 2.46 Beat by 0.26
Q3 FY26 2.26 2.37 Beat by 0.11
Q4 FY26 2.36 — Reports 12 January 2027

EPS $

Mar Jun Sep Dec Year
’26 2.24 2.45 2.34 — —
’25 1.58 1.93 1.88 2.02 7.40
’24 1.25 1.52 1.50 1.54 5.80
’23 1.12 1.30 1.22 0.21 4.00
’22 0.86 1.03 0.39 0.62 2.90
’21 0.97 1.13 1.04 1.01 4.14
’20 1.05 1.01 0.98 0.79 3.83
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 9,863 10,192 9,951 — —
’25 9,756 10,427 10,439 10,140 40,762
’24 9,583 9,959 10,252 10,120 39,914
’23 7,229 8,628 8,923 9,220 34,000
’22 4,006 4,589 5,337 6,059 20,143
’21 4,004 4,000 4,087 4,067 16,158
’20 4,864 4,173 3,964 3,939 16,940
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3,013) 2,462 4,733 — —
’25 412 2,197 (1,064) 5,185 6,730
’24 (2,680) 2,129 (312) 1,550 687
’23 1,792 1,148 5,040 (2,068) 5,912
’22 3,429 4,990 3,725 2,924 15,068
’21 (3,174) 2,829 54 3,129 2,838
’20 (1,685) 6,810 778 (865) 5,038
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3,630) 1,975 4,050 — —
’25 92 1,838 (1,502) 4,749 5,177
’24 (2,979) 1,747 (687) 1,137 (782)
’23 1,531 794 4,704 (2,337) 4,692
’22 3,203 4,390 3,607 2,522 13,722
’21 (3,394) 2,611 (315) 2,755 1,657
’20 (1,949) 6,451 445 (1,131) 3,816
Fiscal quarters ending in the months shown.

Valuation

The price implies the dividend a share growing 21.6% a year for ten years. It grew 11.4% a year over the last ten.

Implied
21.6%
10 years, reported
11.4%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 15,674 16,617 19,213 20,822 16,940 16,158 20,143 34,000 39,914 40,762 40,146 +11.2% 22,475 23,609 24,725 (15.4%)
Gross margin, % 97.21 93.54 85.32 79.06 93.32 98.60 82.06 52.05 46.65 49.26 54.71 (47.9) pt
EBT 4,725 4,610 5,192 5,587 4,468 4,648 3,480 4,283 5,848 7,058 8,314 +4.6%
EBT margin, % 30.15 27.74 27.02 26.83 26.38 28.77 17.28 12.60 14.65 17.32 20.71 (12.8) pt
Net income 3,548 4,114 4,254 4,467 3,626 3,771 2,543 3,304 4,543 5,583 6,578 +5.2%
Per share, $
Per share, $ Revenue 14.70 16.07 19.16 22.16 19.02 18.97 24.84 43.36 53.75 57.40 59.08 +16.3%
Earnings 3.16 3.74 4.06 4.53 3.84 4.17 2.91 4.01 5.84 7.47 9.14 +10.0%
Cash flow 5.88 4.51 5.98 0.10 5.66 3.33 18.58 7.54 0.93 9.48 13.79 +5.5%
Capex (0.71) (1.16) (1.08) (1.29) (1.37) (1.39) (1.66) (1.56) (1.98) (2.19) (3.27) +13.3%
Free cash flow 5.16 3.36 4.90 (1.19) 4.28 1.95 16.92 5.98 (1.05) 7.29 10.51 +3.9%
Book value 36.98 40.19 40.62 44.26 51.57 50.75 50.23 52.06 56.12 62.97 64.82 +6.1%
Shares, m 1,066 1,034 1,003 940 891 852 811 784 743 710 692 (4.4%)
Valuation, ×
Valuation, × P/E 15.13 14.39 11.59 11.09 11.08 13.96 15.91 13.50 13.11 15.52 16.17 13.5
P/S 3.22 3.32 2.41 2.20 2.23 2.92 1.88 1.18 1.40 2.02 2.50 2.3
P/B 1.40 1.45 1.25 1.21 0.91 1.23 1.05 1.10 1.50 2.07 2.52 1.3
EV/Sales (2.16) (3.42) (3.28) (4.06) (8.70) (6.04) (3.98) (2.81) (1.79) (1.86) — (3.8)
EV/FCF (6.15) (16.39) (12.85) 75.83 (38.63) (58.86) (5.80) (20.39) 91.51 (14.67) — (0.6)
Cash, $m
Cash, $m Operating cash flow 6,267 4,667 5,996 96 5,038 2,838 15,068 5,912 687 6,730 9,367 +0.8%
Capex (760) (1,197) (1,085) (1,210) (1,222) (1,181) (1,346) (1,220) (1,469) (1,553) (2,223) +8.3%
Free cash flow 5,507 3,470 4,911 (1,114) 3,816 1,657 13,722 4,692 (782) 5,177 7,144 (0.7%)
Balance, $m
Balance, $m Working capital (88,382) (87,934) (84,920) (90,176) (121,535) (128,256) (110,730) (92,913) (103,065) (113,950) (114,155) +2.9%
Net debt (84,266) (112,021) (109,440) (130,336) (185,172) (144,662) (117,205) (135,833) (127,384) (158,390) (163,680) +7.3%
Shareholders’ equity 39,429 41,567 40,739 41,585 45,944 43,230 40,741 40,820 41,677 44,721 44,042 +1.4%
Returns, %
Returns, % ROA 0.94 1.10 1.11 1.15 0.80 0.78 0.55 0.75 1.05 1.19 1.33 +0.3 pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE 9.50 10.48 10.82 11.36 8.62 8.90 6.31 8.47 11.75 13.74 15.89 +4.2 pt
People
People Employees 52,000 52,500 51,300 48,400 48,500 49,100 51,700 53,400 51,800 48,100 — (0.9%)
Revenue/emp, $m 0.30 0.32 0.37 0.43 0.35 0.33 0.39 0.64 0.77 0.85 — +12.2%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 3 Nov 2026

Business profile

Updated

BNY is a global financial services platforms company headquartered in New York, New York. It provides the infrastructure and services that financial institutions, companies, governments, asset managers and wealthy clients use to hold, move, clear, administer, invest and report on financial assets. As of Dec. 31, 2025, it had $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

Its Securities Services segment includes asset servicing and issuer services. In plain terms, it safekeeps and administers securities and funds for clients, and provides corporate-trust and related services to issuers. Its Market and Wealth Services segment includes Payments, Trade and Clearance and Collateral Management, as well as wealth solutions. These businesses help clients move cash, settle transactions, obtain financing against securities and manage brokerage-related activity. Its Investment and Wealth Management segment manages investments and provides wealth-management services.

BNY vs peers in Banks Diversified (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MUFG Mitsubishi UFJ Financial Group, Inc. $238.0B 16.5× — +21.62% (above 0%: growing) +32.35% (above 0%: growing) −145.30% (below 0%: shrinking) 61.56% 0.00% Compare
C Citigroup Inc. $198.7B 11.6× 10.8× +4.08% (above 0%: growing) +49.21% (above 0%: growing) +33.24% (above 0%: growing) 52.26% 0.00% Compare
SAN Banco Santander, S.A. $174.7B 9.8× 9.4× −73.32% (below 0%: shrinking) −3.70% (below 0%: shrinking) +381.00% (above 0%: growing) 100.00% 0.00% Compare
SMFG Sumitomo Mitsui Financial Group Inc $148.3B 8.9× — +17.73% (above 0%: growing) +85.19% (above 0%: growing) −63.80% (below 0%: shrinking) 58.44% 0.00% Compare
UBS UBS Group AG $147.8B 15.4× 13.8× −43.47% (below 0%: shrinking) +12.05% (above 0%: growing) −53.01% (below 0%: shrinking) 100.00% 0.00% Compare
BBVA Banco Bilbao Viscaya Argentaria S.A. $139.2B 10.9× 7.7× +18.06% (above 0%: growing) +29.76% (above 0%: growing) −91.70% (below 0%: shrinking) 100.00% 0.00% Compare
BNY BNY $99.3B 16.2× 15.8× −4.67% (below 0%: shrinking) +24.74% (above 0%: growing) +369.64% (above 0%: growing) 57.04% 0.00%
ING ING Group, N.V. $92.8B 13.8× 6.6× +29.83% (above 0%: growing) +14.75% (above 0%: growing) −26.97% (below 0%: shrinking) 100.00% 0.00% Compare
BCS Barclays PLC $75.9B 8.2× 8.0× +2.53% (above 0%: growing) +17.86% (above 0%: growing) −13.85% (below 0%: shrinking) 100.00% 0.00% Compare
Median of peers $148.0B 11.3× 8.7× +10.91% +23.81% −39.99% 100.00% 0.00%

All 15 Banks Diversified stocks →

From the latest earnings call

Updated

  • On BNY’s Q2 call, CEO Robin Vince said the company had completed its platform operating-model transition and was focusing on realizing its benefits.
  • CFO Dermot McDonogh said on the Q2 call that pricing pressure persisted, but clients were willing to pay for differentiated service.

Analyst rating changes each firm’s latest, last six months

Firm Date Action Rating Target
Evercore ISI Oct 7, 2026 Target cut — —
Citi Oct 7, 2026 Target cut — —
Bank of America Oct 7, 2026 Target cut — —
BMO Capital Oct 7, 2026 Target cut — —

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 85.90%
Held by the ten largest 41.66%
Holder Shares Stake Change
Vanguard 69.90m 10.30% −1.01m
BlackRock 57.54m 8.48% −4.06m
State Street 31.78m 4.68% +20.73k
Fidelity (FMR) 25.91m 3.82% −1.41m
First Eagle Investment Management, LLC 18.53m 2.73% +8.67m
Bank of America 17.28m 2.55% +620.02k
Dodge & Cox 16.61m 2.45% −6.79m
Geode Capital Management 15.78m 2.33% −2.92m
JPMorgan Chase 14.79m 2.18% −102.13k
Ameriprise (Columbia Threadneedle) 14.55m 2.14% +27.30k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

BNY (BNY) Latest News

29 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

28 Oct

Impact 3 · · 24/7 Wall St.
Impact 3 · · cryptoprowl.com

26 Oct

Impact 3 · · StockStory

22 Oct

Impact 3 · · Zacks

19 Oct

Impact 3 · · PR Newswire

18 Oct

Impact 4 · · The Motley Fool

16 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · Zacks
Impact 4 · · Simply Wall St.

15 Oct

Impact 4 · · MarketBeat
Impact 3 · · americanbanker.com
Impact 3 · · Zacks
Impact 3 · · InvestorsHub
Impact 3 · · Zacks
Impact 3 · · StockStory
Impact 3 · · Investing.com earnings
Impact 3 · · Zacks
Impact 3 · · PR Newswire

14 Oct

Impact 4 · · Zacks

13 Oct

Impact 3 · · StockStory

12 Oct

Impact 3 · · Zacks
Impact 3 · · Zacks

9 Oct

Impact 4 · · Zacks
Impact 3 · · Simply Wall St.
Impact 3 · · Zacks
Impact 3 · · Zacks earnings
Impact 3 · · Simply Wall St.

8 Oct

Impact 3 · · Zacks

BNY metrics, ten years each

stockrow.com/BNY · Data as of Nov 3, 2026 · For information only; not investment advice. · © 2026 stockrow.com