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The Bank of New York Mellon (BK) investor relations material
The Bank of New York Mellon Goldman Sachs U.S. Financial Services Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business performance and strategic momentum
Achieved strong organic growth, positive operating leverage, and robust capital returns, with stock up over 40% year-to-date in 2025.
Built credibility through consistent execution of medium-term goals and strategic pillars over the past three years.
Entering 2026 with strong momentum, supported by a bullish market and positive client sentiment.
Focused on accelerating the commercial model and operationalizing the 1BNY strategy to deepen client relationships.
Platform Operating Model transformation is 75% complete, driving growth, productivity, and cultural change.
Growth drivers and innovation
Diversified business model with some units excelling and others investing for future growth.
Organic revenue growth around 4% in the first half, with expectations to lean further into this trajectory.
Product innovation emphasized, including hiring a leader in digital assets and focusing on AI opportunities.
Inorganic growth not required for strategy, but small acquisitions like Archer have outperformed expectations.
High bar for M&A; focus remains on strategic fit and financial attractiveness.
Business segment highlights
Asset servicing business experiencing fastest growth in a decade, driven by leadership, core infrastructure investment, and product innovation at scale.
Margin improvement and reduced cost to serve have enhanced competitiveness and client service.
Strong performance in private markets, ETFs, and digital asset initiatives, with partnerships fueling excitement.
Digital asset strategy positions the firm as a bridge between traditional and digital finance, with early leadership in crypto custody and tokenized products.
Digital assets not yet material to revenue but expected to grow in importance and drive traditional business.
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Frequently asked questions
Leading Financial Services
The Bank of New York Mellon Corporation, most commonly referred to BNY Mellon, is an American multinational banking and financial services holding company. The company is one of the world's largest financial services providers, and BNY Mellon delivers a range of services that enable institutions and individuals to manage their financial assets. Its offerings include investment servicing, investment management, and investment research and trading. The company is, unsurprisingly, headquartered in NYC, and its shares are listed on the NYSE.
Two Historic Institutions
BNY Mellon is the result of the 2007 merger between The Bank of New York and Mellon Financial Corporation. The Bank of New York, established in 1784 by Alexander Hamilton (Yes, that Alexander Hamilton), is one of America's oldest banks and was one of the first companies traded on the New York Stock Exchange. Mellon Financial was founded in 1869 by the Mellon family of Pittsburgh. The merger combined The Bank of New York's extensive securities servicing and treasury management with Mellon's asset and wealth management services. Today, it is one of the leading financial services companies in the world and competes against names such as JPMorgan Chase, State Street, Blackrock, and many others.
Three Areas of Operation
BNY Mellon has three key areas of operation: Securities Services, Market & Wealth Services, and Investment & Wealth Management.
Securities Services encompass a range of offerings for institutional investors and market participants. This includes custody services, as well as offering securities lending, enabling clients to loan out securities in exchange for potential revenue. In addition, their fund services cover fund accounting, administration, and transfer agency activities.
BNY Mellon's Markets and Wealth Services cater to a diverse clientele, including high-net-worth individuals, family offices, and institutions. In Market Services, the company offers foreign exchange, securities finance, and liquidity services, enabling market transactions and effective risk management.
In Wealth Services, BNY Mellon delivers comprehensive wealth management, including investment management, wealth planning, and private banking. They offer personalized strategies to help clients grow, manage, and preserve their wealth, tailored to individual goals and circumstances.
Investment and Wealth management
In Investment Management, they provide a broad spectrum of investment strategies and solutions. This includes managing assets across various classes like equities, fixed income, and alternatives. In Wealth Management, the focus is on delivering tailored financial strategies for high-net-worth individuals, families, and family offices. Services here include comprehensive financial planning, investment management, and private banking solutions.
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