Financial Results

Applicable Net Income Rises Slightly At BNY In Q3 2025

Tom Burroughes Group Editor October 17, 2025

Applicable Net Income Rises Slightly At BNY In Q3 2025

Among the details, the New York-headquartered group said wealth management revenue dipped slightly in the quarter from a year earlier.

BNY yesterday reported net income applicable to common shareholders of $3.236 billion in the third quarter of 2025, a 4 per cent year-over-year increase. 

Total revenue rose 9 per cent to $5.08 billion; fee income rose 7 per cent to $3.637 billion and net interest income rose 18 per cent to $1.236 billion, the New York-listed group said in a statement. 

At the end of the quarter, total assets under management stood at $2.1 trillion, unchanged on a year earlier and from the previous quarter, as client outflows offset rising market levels. Assets under custody and administration rose 11 per cent on a year earlier to $57.8 trillion, helped by client inflows and rising markets.

Asset servicing fees at BNY's Pershing business – one that works with many wealth managers – gained 7 per cent year-on-year to $508 million. 

Total fee revenue rose 10 per cent to $1.221 billion at the market and wealth services arm.

Within the investment and wealth management business segments, investment management fees dipped 1 per cent year-on-year to $776 million. Wealth management revenue dipped 1 per cent to $278 million, it said.

At the end of September, BNY said it had a Common Equity Tier 1 ratio of 11.7 per cent, a touch lower than a year earlier. In the quarter, it returned $1.2 billion of capital to shareholders via share buybacks and dividend payouts.

Over the 12 months to yesterday, shares in the group have risen 38 per cent.

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