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Top analysts & firms
All analyzed callsNot limited to the selected quarter · analysts and firms with 2 or more questions
What does “challenging” mean?
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Most active analysts
Analyst
Firm
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Filed after the FY2026 Q1 call day (Apr 16, 2026) through the next call day (Jul 15, 2026)From SEC 8-K filings
No 8-K events recorded for this window.
Quarter in detail
· FY2026 Q1
Macro Signals
↑Enterprise Spending→FX↑Credit
BNY Mellon delivered record Q1 FY2026 revenue of $5.4 billion with 13% year-over-year growth and 833 basis points of positive operating leverage. Full-year revenue guidance was raised to 6% and NII to 10%, a significant upgrade. AI leadership expanded with 218 solutions and digital employees, major client wins included AGI, PayPal, and U.S. Treasury, and the platform transformation continued delivering. Investment and wealth management margins remained well below target.
Key Themes7
positive📊 company
Record Revenue Of $5.4 Billion With 13% YOY Growth
Record revenue of $5.4 billion was up 13% year over year with fee revenue up 11% and NII up 18%, reflecting broad-based growth across Securities Services and Markets and Wealth Services.
Revenue GrowthMargin
positive📊 company
833 Basis Points Of Positive Operating Leverage
Delivered over 800 basis points of positive operating leverage with pretax margin expansion to 37% and ROTCE of 29%. EPS of $2.24 grew 42% year over year.
MarginCost Pressure
positive📊 company
Full-Year Revenue Guide Raised To 6% And NII To 10%
Raised full year 2026 total revenue outlook to approximately 6% year-over-year growth from prior 5%, and NII guide raised to approximately 10% year over year.
Revenue GrowthGuidance Reliability
positive📊 company
AI Leadership With 218 Solutions And Digital Employees
More than 200 AI solutions in production, up four times year over year. Moving from point solutions to enhancing end-to-end processes with multi-agentic digital employees.
Cloud & AIInnovation & R&D
positive📊 company
Major Client Wins Including AGI, PayPal, And US Treasury
Allianz Global Investors selected BNY for investment operating model optimization. PayPal selected BNY for digital asset custody. US Treasury selected BNY as financial agent for Trump accounts.
DemandCompetitive Dynamics
negative📊 company
Investment And Wealth Management Margin Still Far Below Target
Investment and Wealth Management pretax margin of 11% versus 25% medium-term target. Net outflows of $10 billion from cash and $7 billion from index strategies continued.
Significant volatility driven by shifting expectations for growth, inflation, and interest rates amid geopolitical conflicts and evolving policy outlooks. Volatility benefited BNY through higher volumes.
Analyst challenge ratePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. · all analyzed quarters
12%
Share price · trailing year
daily closes, last 12 months — not scoped to the selected quarter · dots mark earnings calls, colored by that quarter’s score
Sources.Tellvest earnings-call sentiment score for BNY Mellon (BNY), FY2026 Q1: 9/10. Scores: BNY Mellon’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: BNY daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
Pre-Earnings Brief
Reporting soon: earnings call Thursday, Oct 15
A pre-earnings brief is ready for BNY: the setup, what peers and partners said this season, and which analysts to watch.Reading it is a Tellvest Pro feature.
FY2026 Q1 selectedReported GAAP figures from SEC filings
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Quarter
Revenue
Rev YoY
EPS
EPS YoY
Net margin
FY2024 Q4
$10.03B
+8.7%
$1.54
+670.0%
11.5%
FY2025 Q1
$9.65B
+1.7%
$1.58
+26.4%
12.6%
FY2025 Q2
$10.36B
+5.0%
$1.93
+27.0%
13.7%
FY2025 Q3
$10.36B
+1.9%
$1.88
+25.3%
13.9%
FY2025 Q4
$10.07B
+0.3%
$2.02
+31.2%
14.5%
FY2026 Q1Selected
$9.86B
+2.2%
$2.24
+41.8%
16.5%
FY2026 Q2
$5.70B
+13.0%
$2.43
+25.9%
30.9%
As stated by management
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
EPS
“we reported earnings per share of $2.24, up 42% year over year”
Revenue
“Total revenue of $5.4 billion was up 13% year over year”
Guidance
“we are raising our outlook for total revenue, excluding notable items, for full year 2026 and now expect approximately 6% year-over-year growth”
Key metric
“pre-tax margin expanded to 37%, and return on tangible common equity was 29%”
Quarter
company-level, not the selected quarter
GAAP revenue YoY +2.20% → base 5. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
▸How this score was built
Base5Base 5GAAP revenue YoY +2.20% → base 5. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript+2Transcript +2Bank sector Tier 2: revenue includes gross interest income vs company-reported total revenue ($5.4B, up 13% YoY). Revenue YoY 2.20%; transcript 13% → base 7 (8-14% band). Two-band gap → transcript adjustment = +2.+EPS+1EPS +1Vendor OI cross-check (operating income YoY +32.46%, operating income spread +30.26 percentage points) inadmissible: BNY files no us-gaap OperatingIncomeLoss concept (no-oi-subtotal.ts), so operating_income is a vendor reconstruction, not a reported figure. Dropped as corroboration. +1 (operating leverage) rests on the admissible filed GAAP EPS-vs-revenue spread: EPS +41.77% vs rev +2.20% = +39.57 percentage points, and +28.77 percentage points against management net revenue +13%, outside +5 percentage points on either basis so +1 is robust to the revenue basis. Corroborated by a management-stated bank operating measure on the call: CFO Dermot McDonogh 'On the back of significant positive operating leverage of 833 basis points, pre-tax margin expanded to 37%', and CEO Robin Vince 'We delivered over 800 basis points of positive operating leverage'. Revenue +13% outpaced expenses +5% (an 8 percentage points gap), and reported pre-tax income grew well above revenue across every segment (Securities Services +46%, Markets and Wealth Services +18%, Investment and Wealth Management +43%), so the EPS jump is operating, not a below-the-line or buyback artifact. Override stays false (anchor is the filed GAAP EPS-vs-revenue spread, itself +1; the management operating-leverage figure corroborates, it does not drive).+Guidance+2Guidance +2NII guide raised from ~6% (Q4: 'a little bit ahead of 5%') to ~10% YoY. On FY2025 NII base ~$5,175M: prior midpoint ~$5,485M (6%), new midpoint ~$5,693M (10%). Change: ($5,693-$5,485)/$5,485 = +3.79% → raise ≥3%. Total revenue also raised from 5% to 6% but NII raise is larger.=Final9Hard cap9Hard cap 9Calculated total was 10; capped at 9. See the Hard caps section on the About page for the full rules.
How this score was built
Base5Base 5GAAP revenue YoY +2.20% → base 5. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript+2Transcript +2Bank sector Tier 2: revenue includes gross interest income vs company-reported total revenue ($5.4B, up 13% YoY). Revenue YoY 2.20%; transcript 13% → base 7 (8-14% band). Two-band gap → transcript adjustment = +2.+
164.84
105.98
9
8
9
Oct 25Oct 26
Mentions6
What BNY and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“The Bank of New York Mellon Corporation will manage the national infrastructure for the program and collaborate with Robinhood, which will provide brokerage and initial trustee services.”
Robinhood will provide brokerage and initial trustee services for the US government's Trump accounts program, partnering with BNY.
“PayPal has selected The Bank of New York Mellon Corporation to provide institutional-grade digital asset custody, supporting their digital payments wallets, financial services for millions of users globally.”
PayPal selected BNY for institutional-grade digital asset custody to support its payments wallets, signaling PayPal's expansion in digital assets.
Allianz Global Investorsnot trackedFY2026 Q1Customer
“AGI has selected The Bank of New York Mellon Corporation to support optimizing their investment operating model, leveraging the breadth of our global capabilities.”
Allianz Global Investors selected BNY to optimize its investment operating model, a competitive win for BNY's asset servicing.
EPS
+1
EPS +1Vendor OI cross-check (operating income YoY +32.46%, operating income spread +30.26 percentage points) inadmissible: BNY files no us-gaap OperatingIncomeLoss concept (no-oi-subtotal.ts), so operating_income is a vendor reconstruction, not a reported figure. Dropped as corroboration. +1 (operating leverage) rests on the admissible filed GAAP EPS-vs-revenue spread: EPS +41.77% vs rev +2.20% = +39.57 percentage points, and +28.77 percentage points against management net revenue +13%, outside +5 percentage points on either basis so +1 is robust to the revenue basis. Corroborated by a management-stated bank operating measure on the call: CFO Dermot McDonogh 'On the back of significant positive operating leverage of 833 basis points, pre-tax margin expanded to 37%', and CEO Robin Vince 'We delivered over 800 basis points of positive operating leverage'. Revenue +13% outpaced expenses +5% (an 8 percentage points gap), and reported pre-tax income grew well above revenue across every segment (Securities Services +46%, Markets and Wealth Services +18%, Investment and Wealth Management +43%), so the EPS jump is operating, not a below-the-line or buyback artifact. Override stays false (anchor is the filed GAAP EPS-vs-revenue spread, itself +1; the management operating-leverage figure corroborates, it does not drive).
+
Guidance+2Guidance +2NII guide raised from ~6% (Q4: 'a little bit ahead of 5%') to ~10% YoY. On FY2025 NII base ~$5,175M: prior midpoint ~$5,485M (6%), new midpoint ~$5,693M (10%). Change: ($5,693-$5,485)/$5,485 = +3.79% → raise ≥3%. Total revenue also raised from 5% to 6% but NII raise is larger.
=
Final9
Hard cap9Hard cap 9Calculated total was 10; capped at 9. See the Hard caps section on the About page for the full rules.
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