Results for the wealth services, wealth management and investment side of the US group showed a rise in the first three months of 2026.

The market and wealth services arm of BNY last week reported pre-tax income of $961 million in the first three months of 2026, rising 18 per cent year-on-year, and doing so on an 11 per cent rise in revenues.

The US-headquartered group said investment services fees in its wealth solutions business (which used to be called Pershing) rose 6 per cent to $544 million. Wealth solutions total revenue rose by 7 per cent to $783 million. 

Net interest income rose 15 per cent to $571 million, BNY said in a statement. 

Within investment and wealth management, BNY said total revenue rose 6 per cent year-on-year to $825 million in Q1 2026; investment management fees rose 7 per cent to $785 million. The group logged a pre-tax operating margin to 11 per cent, rising from 8 per cent from a year before, but down from 17 per cent in the preceding quarter.

Total assets under management in the wealth management segment rose 4 per cent to $339 billion at the end of March this year. Total AuM in the wealth and investment management arm stood at $2.126 trillion, rising 6 per cent. 

Group results
BNY said net income applicable to common shareholders surged by 36 per cent to $1.562 billion in Q1; total revenue rose 13 per cent to $5.409 billion. During the quarter, BNY returned $1.4 billion of capital to common shareholders via a mix of dividends and share buybacks. 

At the end of March, the group had a Common Equity Tier 1 ratio of 11 per cent, dropping from 11.9 per cent in the preceding quarter. 

Across the whole group, BNY reported a pre-tax margin of 37 per cent and expanded earnings per share 42 per cent year-on-year.