Bank of New York Mellon (BNY) Tax Rate (2009 - 2026)
Bank of New York Mellon's (BNY) quarterly Tax Rate came in at 20.95% in Q2 2026, down 102.0% year-over-year from 1047.64% in Q2 2025, and up 9.43% quarter-over-quarter from 19.15% in Q1 2026.
Analysis
Bank of New York Mellon (BNY) Tax Rate (2009 - 2026) Analysis & Trends
Bank of New York Mellon (BNY) has reported Tax Rate for 18 consecutive years, with 20.95% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 102.0% year-over-year to 20.95% in Q2 2026; TTM through Jun 2026 was 20.45%, a 86.0% decrease from a year earlier, with the FY2025 full-year figure at 20.9%, down 142.0% from the prior year.
- Tax Rate was 20.95% for Q2 2026 at Bank of New York Mellon, up 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.
- Across the five-year window, Tax Rate soared 1957 bps in 2022 and sank 1695 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 20.73% in 2022, then increased by 26 bps to 26.16% in 2023, then fell by 18 bps to 21.4% in 2024, then declined by 5 bps to 20.38% in 2025, then gained by 3 bps to 20.95% in 2026.
- The last three Tax Rate figures came in at 20.95% (Q2 2026), 19.15% (Q1 2026), and 20.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 110.37 Bn | 49.74 Bn | - | 20.95% |
| 2 | State Street | 53.13 Bn | 53.13 Bn | - | 21.96% |
| 3 | Northern Trust | 34.62 Bn | 34.62 Bn | - | 25.59% |
| 4 | Sei Investments | 12.83 Bn | 12.74 Bn | - | 21.19% |
| 5 | Healthequity | 7.98 Bn | 7.72 Bn | 257.95 Mn | 25.29% |
| 6 | AtlasClear Holdings | 26.96 Mn | -13.53 Mn | - | 9.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.95% |
| Mar 31, 2026 | 19.15% |
| Dec 31, 2025 | 20.38% |
| Sep 30, 2025 | 21.33% |
| Jun 30, 2025 | 21.97% |
| Mar 31, 2025 | 19.71% |
| Dec 31, 2024 | 21.40% |
| Sep 30, 2024 | 22.03% |
| Jun 30, 2024 | 23.38% |
| Mar 31, 2024 | 22.43% |
| Dec 31, 2023 | 26.16% |
| Sep 30, 2023 | 21.46% |
| Jun 30, 2023 | 22.69% |
| Mar 31, 2023 | 23.76% |
| Dec 31, 2022 | 20.73% |
| Sep 30, 2022 | 38.41% |
| Jun 30, 2022 | 21.10% |
| Mar 31, 2022 | 16.67% |
| Dec 31, 2021 | 18.40% |
| Sep 30, 2021 | 18.85% |