BNY Mellon Posts Record Q2 Results, Lifts Outlook

Bank of New York Mellon (BNY) reported record second-quarter 2025 results, exceeding analyst expectations with adjusted earnings per share of $1.94 and revenue of $5.03 billion, a 9% year-over-year increase. Net interest income jumped 17% to $1.2 billion, fueled by higher-yield reinvestments and balance sheet growth, while fee revenue climbed 7% to $3.64 billion. Assets under custody soared 13% to $55.8 trillion, aided by equity market recovery and favorable currency movements. CEO Robin Vince credited the bank's ongoing transformation and new commercial model for streamlining operations and driving efficiency. BNY raised its quarterly dividend and upgraded its net interest income outlook for 2025. Company shares hit an all-time high, up nearly 25% year-to-date.