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
Download Data| Date | Value |
|---|---|
| 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 |