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

Editorial Staff

16 July 2026

The market and wealth services business arm of , 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.