Bank of New York Mellon (BK-PK) Tax Rate (2009 - 2026)

Bank of New York Mellon (BK-PK) reported Tax Rate of 19.15% for Q1 2026, down 56.0% year-over-year from 43.52% in Q1 2025, and down 6.05% on a QoQ basis from 20.38% in Q4 2025.

Bank of New York Mellon (BK-PK) has 18 years of Tax Rate data on file, last reported at 19.15% in Q1 2026.

  • Quarterly Tax Rate fell 56.0% year-over-year to 19.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.67% (down 96.0% YoY) and the FY2025 annual result came in at 20.9%, down 142.0% from the prior year.
  • Tax Rate eased to 19.15% in Q1 2026 per BK-PK's latest filing, from 20.38% in the prior quarter.
  • Across five years, Tax Rate topped out at 38.41% in Q3 2022 and bottomed at 16.67% in Q1 2022.
  • The 5-year median for Tax Rate is 21.46% (2023), against an average of 22.52%.
  • The widest annual swing landed in 2022, when Tax Rate surged 1957 bps; it then slumped 1695 bps in 2023.
  • Tracing BK-PK's Tax Rate over 5 years: stood at 20.73% in 2022, then grew by 26 bps to 26.16% in 2023, then declined by 18 bps to 21.4% in 2024, then dropped by 5 bps to 20.38% in 2025, then declined by 6 bps to 19.15% in 2026.
  • Per Business Quant, the three latest BK-PK Tax Rate figures stand at 19.15% (Q1 2026), 20.38% (Q4 2025), and 21.33% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - -
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - -
3 Hsbc Holdings 799.80 Bn 799.80 Bn - -
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn 17.49
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 25.14
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 11.55
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 33.80
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 19.15
10 Bank of New York Mellon - - - 19.15

Historic Data

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DateValue
Mar 31, 2026 19.15
Mar 31, 2026 19.15
Dec 31, 2025 20.38
Dec 31, 2025 20.38
Sep 30, 2025 21.33
Sep 30, 2025 21.33
Jun 30, 2025 21.97
Jun 30, 2025 21.97
Mar 31, 2025 19.71
Mar 31, 2025 19.71
Dec 31, 2024 21.40
Dec 31, 2024 21.40
Sep 30, 2024 22.03
Sep 30, 2024 22.03
Jun 30, 2024 23.38
Jun 30, 2024 23.38
Mar 31, 2024 22.43
Mar 31, 2024 22.43
Dec 31, 2023 26.16
Dec 31, 2023 26.16
Sep 30, 2023 21.46
Sep 30, 2023 21.46
Jun 30, 2023 22.69
Jun 30, 2023 22.69
Mar 31, 2023 23.76
Mar 31, 2023 23.76
Dec 31, 2022 20.73
Dec 31, 2022 20.73
Sep 30, 2022 38.41
Sep 30, 2022 38.41
Jun 30, 2022 21.10
Jun 30, 2022 21.10
Mar 31, 2022 16.67
Mar 31, 2022 16.67
Dec 31, 2021 18.40
Dec 31, 2021 18.40
Sep 30, 2021 18.85
Sep 30, 2021 18.85
Jun 30, 2021 19.01
Jun 30, 2021 19.01
Mar 31, 2021 19.17
Mar 31, 2021 19.17
Dec 31, 2020 16.39
Dec 31, 2020 16.39
Sep 30, 2020 18.41
Sep 30, 2020 18.41
Jun 30, 2020 18.29
Jun 30, 2020 18.29
Mar 31, 2020 21.60
Mar 31, 2020 21.60
Dec 31, 2019 20.47
Dec 31, 2019 20.47
Sep 30, 2019 19.11
Sep 30, 2019 19.11
Jun 30, 2019 20.54
Jun 30, 2019 20.54
Mar 31, 2019 19.87
Mar 31, 2019 19.87
Dec 31, 2018 14.71
Dec 31, 2018 14.71
Sep 30, 2018 16.49
Sep 30, 2018 16.49
Jun 30, 2018 20.52
Jun 30, 2018 20.52
Mar 31, 2018 19.53
Mar 31, 2018 19.53
Dec 31, 2017 -62.23
Dec 31, 2017 -62.23
Sep 30, 2017 25.44
Sep 30, 2017 25.44
Jun 30, 2017 25.38
Jun 30, 2017 25.38
Mar 31, 2017 22.31
Mar 31, 2017 22.31
Dec 31, 2016 24.31
Dec 31, 2016 24.31
Sep 30, 2016 24.60
Sep 30, 2016 24.60
Jun 30, 2016 24.89
Jun 30, 2016 24.89
Mar 31, 2016 25.94
Mar 31, 2016 25.94
Dec 31, 2015 20.09
Dec 31, 2015 20.09
Sep 30, 2015 25.43
Sep 30, 2015 25.43
Jun 30, 2015 23.69
Jun 30, 2015 23.69
Mar 31, 2015 25.69
Mar 31, 2015 25.69
Dec 31, 2014 -56.71
Dec 31, 2014 -56.71
Sep 30, 2014 33.45
Sep 30, 2014 33.45
Jun 30, 2014 26.76
Jun 30, 2014 26.76
Mar 31, 2014 25.05
Mar 31, 2014 25.05
Dec 31, 2013 23.63
Dec 31, 2013 23.63
Sep 30, 2013 1.90
Sep 30, 2013 1.90
Jun 30, 2013 27.74
Jun 30, 2013 27.74
Mar 31, 2013 128.73
Mar 31, 2013 128.73
Dec 31, 2012 24.27
Dec 31, 2012 24.27
Sep 30, 2012 23.08
Sep 30, 2012 23.08
Jun 30, 2012 15.79
Jun 30, 2012 15.79
Mar 31, 2012 28.70
Mar 31, 2012 28.70
Dec 31, 2011 30.62
Dec 31, 2011 30.62
Sep 30, 2011 29.74
Sep 30, 2011 29.74
Jun 30, 2011 26.79
Jun 30, 2011 26.79
Mar 31, 2011 29.40
Mar 31, 2011 29.40
Dec 31, 2010 27.32
Dec 31, 2010 27.32
Sep 30, 2010 26.38
Sep 30, 2010 26.38
Jun 30, 2010 30.22
Jun 30, 2010 30.22
Mar 31, 2010 29.19
Mar 31, 2010 29.19
Dec 31, 2009 -6.10
Dec 31, 2009 -6.10
Sep 30, 2009 38.51
Sep 30, 2009 38.51
Jun 30, 2009 2.34
Jun 30, 2009 2.34
Mar 31, 2009 28.15
Mar 31, 2009 28.15