BNY’s Wealth Services, Management Results Gain In Q2 2026

In tune with a number of other major US financial institutions, New York-headquartered BNY has issued its quarterly results.

The market and wealth services business arm of BNY, the US financial services
group, posted pre-tax income in the second quarter 2026 of $1.024
billion, rising 21 per cent year-on-year. At the investment and
wealth management side, pre-tax income more than doubled (102 per
cent) to $182 million.

Total assets under management reached $2.23 trillion at the end
of June, rising 6 per cent; wealth management client assets rose
3 per cent to $348 billion, the group said in a statement
yesterday. 

Within the wealth solutions area, revenue rose 7 per cent to $806
million; clearance and collateral management revenues rose 16 per
cent, and payments and trade revenues rose 17 per cent.
Commenting on the wealth solutions side, BNY side the gains
mainly reflected higher net interest income, market values and
client activity.

In the investment services segment, total revenues rose 15 per
cent year-over-year to $2.828 billion, it said. 

At the group level, net income attributable to common
shareholders rose 22 per cent to $1.696 billion. The pre-tax
operating margin was 39.8 per cent, rising from a year ago
(36.6 per cent). BNY said it returned $1.5 billion of capital to
common shareholders, mostly via share buybacks ($1.1 billion);
its Common Equity Tier 1 ratio – a standard international
yardstick of capital shock absorber – was 11 per cent.

The group has reported results alongside a raft of other
financial institutions such as JP Morgan, Citigroup, Morgan
Stanley, Wells Fargo and Bank of America.