Bank of New York Mellon (BNY) Tax Rate (2009 - 2026)
Bank of New York Mellon (BNY) posted quarterly Tax Rate of 20.95% for Q2 2026, down 102.0% year-over-year from 1047.64% in Q2 2025, and up 9.43% on a QoQ basis from 19.15% in Q1 2026.
Bank of New York Mellon (BNY) Tax Rate (2009 - 2026) Analysis & Trends
Bank of New York Mellon has reported Tax Rate for 18 years, with the latest figure at 20.95% in Q2 2026.
- Tax Rate for Q2 2026 came in at 20.95%, down 102.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 20.45% (down 86.0% YoY), and the FY2025 annual result was 20.9%, down 142.0% from the prior year.
- Tax Rate climbed to 20.95% in Q2 2026, from 19.15% 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 22.43% and a median of 21.43% in 2023 frame the typical range for Tax Rate.
- The widest annual swing landed in 2022, when Tax Rate surged 1957 bps; it then plunged 1695 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 20.73% in 2022, then gained by 26 bps to 26.16% in 2023, then decreased by 18 bps to 21.4% in 2024, then retreated by 5 bps to 20.38% in 2025, then climbed by 3 bps to 20.95% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 20.95% in Q2 2026, 19.15% in Q1 2026, and 20.38% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 440.37 Bn | -148.12 Bn | 30.39 Bn | 21.54% |
| 2 | Hsbc Holdings | 355.76 Bn | 355.76 Bn | - | 60.94% |
| 3 | Royal Bank Of Canada | 286.67 Bn | 87.74 Bn | - | 21.90% |
| 4 | Wells Fargo & Company | 254.42 Bn | 50.45 Bn | - | 17.42% |
| 5 | Mitsubishi Ufj Financial | 250.90 Bn | -142.71 Bn | 10.89 Bn | 24.29% |
| 6 | Citigroup | 221.87 Bn | -2,080.44 Bn | 24.75 Bn | 24.97% |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.22 Bn | 19.73 Bn | - | -7.60% |
| 9 | UBS Group AG | 166.96 Bn | -48.76 Bn | - | - |
| 10 | Bank of New York Mellon | 108.73 Bn | 47.51 Bn | - | 20.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.95% |
| Jun 30, 2026 | 20.95% |
| Jun 30, 2026 | 20.95% |
| Mar 31, 2026 | 19.15% |
| Mar 31, 2026 | 19.15% |
| Mar 31, 2026 | 19.15% |
| Dec 31, 2025 | 20.38% |
| Dec 31, 2025 | 20.38% |
| Dec 31, 2025 | 20.38% |
| Sep 30, 2025 | 21.33% |
| Sep 30, 2025 | 21.33% |
| Sep 30, 2025 | 21.33% |
| Jun 30, 2025 | 21.97% |
| Jun 30, 2025 | 21.97% |
| Jun 30, 2025 | 21.97% |
| Mar 31, 2025 | 19.71% |
| Mar 31, 2025 | 19.71% |
| Mar 31, 2025 | 19.71% |
| Dec 31, 2024 | 21.40% |
| Dec 31, 2024 | 21.40% |