BNY Mellon Sees 2026 Revenue Growth Near Midpoint of Guidance

Bank of New York Mellon (NYSE: BNY ) reported third-quarter financial results on Thursday. The transcript from the company's third-quarter earnings call has been provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Bank of New York Mellon reported strong Q3 2026 results with EPS of $2.34, up 24% year-over-year, and a pre-tax margin of 39%. Total revenue increased by 12% to $5.7 billion. The company highlighted its strategic initiatives, including advancements in AI and digital assets, with the launch of Global Digital Transfer Agency capabilities and a new pay-to-wallet feature for cross-border payments. BNY Mellon raised its full-year 2026 outlook, expecting about 500 basis points of positive operating leverage and a 12-13% revenue growth, driven by strong client demand and operational efficiencies. Operating segments showed significant growth: Securities Services revenue rose 15% year-over-year, and Markets and Wealth Services revenue increased by 12%. Investment and Wealth Management also saw a 4% revenue increase. Management emphasized AI's role in driving future growth and operational improvements, with over 400 AI solutions in production and plans to extend AI capabilities to clients. Full Transcript OPERATOR Good morning and welcome to the 2026 third quarter earnings conference call hosted by BNY. At this time all participants are in a listen-only mode. Later we will conduct a question and answer session. Please note that this conference call and webcast will be recorded and will consist of copyrighted material. You may not record or. Marius, Investor Relations Thank you, Operator. Good morning everyone. Welcome to our third quarter earnings call. I'm here with Robin Vince, our CEO, and Dermot McDonogh, our CFO. As always, we will reference the Quarterly Update presentation which can be found on the Investor Relations page of our website at bny.com and I'll note that our remarks will contain forward-looking statements and non-GAAP measures. Actual results may differ materially from those projected in the forward-looking statements. Information about these statements and non-GAAP measures is available in the Earnings Press Release, Financial Supplement and Quarterly Update presentation, all of which can be found on the Investor Relations page of our website. Forward-looking statements made on this call speak only as of today, October 15, 2026 and will not be updated. With that, I will turn the call over to Robin. Robin Vince, Chief Executive Officer & Chairman of the Board of Directors Thank you, Marius, and good morning everyone. I'll start with an overview of BNY's performance in the third quarter and then Dermot will walk you through our financial results and outlook in greater detail. Referring to page two of the Quarterly Update presentation, BNY delivered strong results in the third quarter. Earnings per share of $2.34 grew by 24% year over