Bank of New York Mellon (BNY-PK) Tax Rate (2009 - 2026)
Bank of New York Mellon (BNY-PK) posted quarterly Tax Rate of 19.15% for Q1 2026, down 56.0% YoY from 43.52% in Q1 2025, and down 6.05% sequentially from 20.38% in Q4 2025.
Bank of New York Mellon (BNY-PK) Tax Rate (2009 - 2026) Analysis & Trends
Bank of New York Mellon has disclosed Tax Rate across 18 years of filings, most recently posting 19.15% for Q1 2026.
- In Q1 2026, Tax Rate fell 56.0% year-over-year to 19.15%; the TTM figure through Mar 2026 stood at 20.67% (down 96.0% YoY), while the FY2025 annual figure was 20.9%, down 142.0% from the prior year.
- Tax Rate declined to 19.15% in Q1 2026, from 20.38% in the prior quarter.
- Over the last five years, Tax Rate for BNY-PK reached as high as 38.41% in Q3 2022 and fell as low as 16.67% in Q1 2022.
- The 5-year median for Tax Rate is 21.46% (2023), against an average of 22.52%.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 1957 bps — and 2023, when it slumped 1695 bps.
- 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.
- According to Business Quant data, Tax Rate over the past three periods registered 19.15%, 20.38%, and 21.33% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | -21.14% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 17.49% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 11.55% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 33.80% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 19.15% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 19.46% |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | 41.80% |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | -2.11% |
| 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% |