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

Bank of New York Mellon (BNY) 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) 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 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 Ing Groep - - - -

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%