Bank of New York Mellon Sees Revenue Milestone -- Market Talk

Dow Jones

Jul 15, 2025

1055 GMT - Bank of New York Mellon delivers a revenue milestone in its latest quarter. BNY, the world's largest custodian bank keeping records for pension funds and other institutional investors, says revenue exceeded $5 billion in 2Q, the first time in a quarter. "Only one year after the launch of our new commercial model last summer, we delivered two consecutive quarters of record sales in the first half of the year," says CEO Robin Vince. The more than 9% on-year increase in revenue was driven in part by an increase in fee revenue and net interest income. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

July 15, 2025 06:55 ET (10:55 GMT)

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BNY, the world's largest custodian bank keeping records for pension funds and other institutional investors, says revenue exceeded $5 billion in 2Q, the first time in a quarter. \"Only one year after the launch of our new commercial model last summer, we delivered two consecutive quarters of record sales in the first half of the year,\" says CEO Robin <a href=\"https://laohu8.com/S/VNCE\">Vince</a>. The more than 9% on-year increase in revenue was driven in part by an increase in fee revenue and net interest income. 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BNY, the world's largest custodian bank keeping records for pension funds and other institutional investors, says revenue exceeded $5 billion in 2Q, the first time in a quarter. \"Only one year after the launch of our new commercial model last summer, we delivered two consecutive quarters of record sales in the first half of the year,\" says CEO Robin <a href=\"https://laohu8.com/S/VNCE\">Vince</a>. The more than 9% on-year increase in revenue was driven in part by an increase in fee revenue and net interest income. 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BNY, the world's largest custodian bank keeping records for pension funds and other institutional investors, says revenue exceeded $5 billion in 2Q, the first time in a quarter. \"Only one year after the launch of our new commercial model last summer, we delivered two consecutive quarters of record sales in the first half of the year,\" says CEO Robin Vince. The more than 9% on-year increase in revenue was driven in part by an increase in fee revenue and net interest income. (denny.jacob@wsj.com; @pennedbyden) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2025 06:55 ET (10:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}