BNY Mellon said net income applicable to common shareholders for Q1 2025 was $1,149 million, or $1.58 per diluted common share, and for Q1 2024 was $953 million, or $1.25 per diluted common share. Excluding notable items, net income applicable to common shareholders for Q1 2025 was $1,148 million (Non-GAAP).

10-QQuarterly reportFiled May 2, 2025Period of report Mar 31, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

BNY Mellon said net income applicable to common shareholders for Q1 2025 was $1,149 million, or $1.58 per diluted common share, and for Q1 2024 was $953 million, or $1.25 per diluted common share. Excluding notable items, net income applicable to common shareholders for Q1 2025 was $1,148 million (Non-GAAP).
BNY Mellon said fee revenue for Q1 2025 increased 3% compared with Q1 2024 and net interest income increased 11%. The company cited the reinvestment of maturing investment securities at higher yields as a factor in the net interest income increase.
BNY Mellon said noninterest expense for Q1 2025 increased 2% compared with Q1 2024 and the provision for credit losses was $18 million. The company said the income tax provision for Q1 2025 was $300 million with an effective tax rate of 19.7%, and the effective tax rate for Q1 2024 was 22.4%.
BNY Mellon said its CET1 ratio under the Standardized Approach was 11.5% as of March 31, 2025 and 11.2% as of December 31, 2024, and its Tier 1 leverage ratio was 6.2% and 5.7%, respectively. The company also said it returned $1.1 billion to common shareholders, of which $746 million was for common share repurchases.

Key figures

Quarter ended March 31, 2025

Revenue: $6.1B
Net income: $1.2B
EPS: $1.58
Operating cash flow: $412M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 2025 Net Income and Earnings Per Share

BNY Mellon said net income applicable to common shareholders for Q1 2025 was $1,149 million, or $1.58 per diluted common share, and for Q1 2024 was $953 million, or $1.25 per diluted common share. Excluding notable items, net income applicable to common shareholders for Q1 2025 was $1,148 million (Non-GAAP).

Source · Based on the MD&A text of the filing

Fee Revenue and Net Interest Income Changes

BNY Mellon said fee revenue for Q1 2025 increased 3% compared with Q1 2024 and net interest income increased 11%. The company cited the reinvestment of maturing investment securities at higher yields as a factor in the net interest income increase.

Source · Based on the MD&A text of the filing

Noninterest Expense, Provision for Credit Losses and Effective Tax Rate

BNY Mellon said noninterest expense for Q1 2025 increased 2% compared with Q1 2024 and the provision for credit losses was $18 million. The company said the income tax provision for Q1 2025 was $300 million with an effective tax rate of 19.7%, and the effective tax rate for Q1 2024 was 22.4%.

Source · Based on the MD&A text of the filing

Capital Ratios and Shareholder Returns

BNY Mellon said its CET1 ratio under the Standardized Approach was 11.5% as of March 31, 2025 and 11.2% as of December 31, 2024, and its Tier 1 leverage ratio was 6.2% and 5.7%, respectively. The company also said it returned $1.1 billion to common shareholders, of which $746 million was for common share repurchases.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

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