Bank of New York Mellon (NYSE: BK) reported fourth-quarter 2025 adjusted earnings that exceeded analyst expectations, supported by higher net interest income and strong growth in assets under custody.
The bank posted adjusted earnings of $2.08 per share, beating the consensus estimate of $1.99. Revenue reached $5.18 billion, slightly above expectations of $5.15 billion and up 7% from the prior-year quarter.
Net interest income climbed 13% year over year to $1.35 billion, driven by reinvestment of maturing securities at higher yields and overall balance-sheet growth, though partially offset by deposit margin compression. Fee revenue increased 5% compared with a year earlier.
Assets under custody and administration rose 14% year over year to $59.3 trillion, while assets under management increased 7% to $2.2 trillion.
For full-year 2025, BNY Mellon reported adjusted earnings per share of $7.50, representing a 24% increase from 2024. Total revenue for the year rose 8% year over year to $20.1 billion.
