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

Bank of New York Mellon (BK) 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% quarter-over-quarter from 20.38% in Q4 2025.

Bank of New York Mellon (BK) Tax Rate (2009 - 2026) Analysis & Trends

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

  • Tax Rate for Q1 2026 came in at 19.15%, down 56.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.67% (down 96.0% YoY), and the FY2025 annual result was 20.9%, down 142.0% from the prior year.
  • Tax Rate slipped to 19.15% in Q1 2026 per BK's latest filing, from 20.38% in the prior quarter.
  • Over five years, Tax Rate peaked at 38.41% in Q3 2022 and troughed at 16.67% in Q1 2022.
  • A 5-year average of 22.52% and a median of 21.46% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 1957 bps in 2022, then plunged 1695 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 20.73% in 2022, then rose by 26 bps to 26.16% in 2023, then retreated by 18 bps to 21.4% in 2024, then fell by 5 bps to 20.38% in 2025, then retreated by 6 bps to 19.15% in 2026.
  • Business Quant data shows BK's Tax Rate at 19.15% in Q1 2026, 20.38% in Q4 2025, and 21.33% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 23.02%
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -21.14%
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 21.90%
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 25.14%
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 17.49%
7 Barclays 379.37 Bn -269.24 Bn - -22.67%
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 26.08%
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 11.55%
10 Bank of New York Mellon 94.86 Bn 37.94 Bn - 19.15%

Historic Data

Download Data
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%