Bank of New York Mellon (BNY) Interest Expense - Fed Funds (2009 - 2026)
Bank of New York Mellon (BNY) posted Interest Expense - Fed Funds of $2.39 billion for Q2 2026, down 16.8% from $2.88 billion a year earlier but up 4.1% from the prior quarter.
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Analysis
Bank of New York Mellon (BNY) Interest Expense - Fed Funds (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Fed Funds at Bank of New York Mellon was $10.4 billion, down 3.6% year-over-year; for FY2024, it was $2.68 billion, up 26.2% from FY2023.
- Annual Interest Expense - Fed Funds shows a five-year compound annual growth rate of 13.3% (FY2019 to FY2024).
- In prior years, Bank of New York Mellon's Interest Expense - Fed Funds was $2.12 billion in FY2023 (+127.2%), $934 million in FY2022, -$4 million in FY2021 and $283 million in FY2020 (-80.3%).
- Quarterly Interest Expense - Fed Funds has run from a low of $2 million in Q3 2021 to a high of $2.88 billion in Q2 2025 over five years.
- On a year-over-year basis, Interest Expense - Fed Funds increased in five of the last seven quarters, with growth averaging 10.6%.
- The strongest year-over-year quarter for Interest Expense - Fed Funds in the past five years was Q3 2023, with growth of 682.4%; the weakest was Q3 2021, with a decline of 66.7%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.39 Bn |
| Mar 31, 2026 | 2.30 Bn |
| Sep 30, 2025 | 2.83 Bn |
| Jun 30, 2025 | 2.88 Bn |
| Mar 31, 2025 | 2.61 Bn |
| Dec 31, 2024 | 2.68 Bn |
| Sep 30, 2024 | 2.62 Bn |
| Jun 30, 2024 | 2.43 Bn |
| Mar 31, 2024 | 2.24 Bn |
| Dec 31, 2023 | 2.12 Bn |
| Sep 30, 2023 | 1.96 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 892.00 Mn |
| Dec 31, 2022 | 595.00 Mn |
| Sep 30, 2022 | 250.00 Mn |
| Jun 30, 2022 | 77.00 Mn |
| Mar 31, 2022 | 12.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | -5.00 Mn |
API Access
Bank of New York Mellon Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=BNY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "BNY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=BNY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();