BNY’s first-quarter results
During its first-quarter 2026 earnings call, BNY said revenue reached a record $5.4 billion, up 13% year over year. Earnings per share were $2.24, a 42% year-over-year increase on both a reported basis and excluding notable items. The company attributed revenue growth to its Securities Services and Market and Wealth Services businesses. BNY also reported over 800 basis points of positive operating leverage while investing in new products, capabilities, artificial intelligence, and its people and culture.
Profitability measures
BNY said the combination of revenue growth and operating leverage produced a 37% pre-tax margin and a 29% return on tangible common equity in the quarter. The earnings-call remarks included forward-looking statements and non-GAAP measures, and BNY cautioned that actual results could differ materially from projections.
Management and analyst discussion
Robin Vince, BNY’s chief executive officer, and Dermot McDonogh, its chief financial officer, presented the company’s first-quarter results. The call also included questions from analysts representing BMO Capital Markets, Goldman Sachs, Bank of America, Wells Fargo Securities, Morgan Stanley, Autonomous Research, Evercore ISI, Truist Securities, Wolfe Research and RBC Capital Markets. The supplied transcript excerpt did not provide the full range of management commentary or any further transaction details.
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