BNY Mellon reported adjusted earnings of $2.08 per share for the fourth quarter of 2025, exceeding the consensus estimate of $1.99. Quarterly revenue reached $5.18 billion, slightly above the $5.15 billion expected by analysts and representing a 7% increase from the same period a year earlier.

Net interest income climbed 13% year over year to $1.35 billion, bolstered by the reinvestment of maturing securities at higher yields and overall balance-sheet growth, partially offset by deposit margin compression. Fee revenue rose 5% compared with the prior year, reflecting continued strength in transaction services and asset servicing.

Assets under custody and administration grew 14% year over year to $59.3 trillion, powered by new mandates in pension, insurance and sovereign wealth fund segments. Assets under management climbed 7% to $2.2 trillion, driven by net inflows into active fixed income and liability-driven investment strategies.

For full-year 2025, the bank delivered adjusted earnings per share of $7.50, a 24% increase from 2024, on total revenue of $20.1 billion, up 8% year over year. Management reiterated guidance for mid-single-digit revenue growth in 2026 and plans to return capital through a combination of dividend increases and share repurchases, supported by a robust common equity tier 1 ratio above 11%.