The US-listed firm, which provides services including wealth management, asset servicing and custody, reported a broadly stronger set of results for the second quarter of this year.

BNY, the US-listed financial services group, last week reported a 22 per cent jump in its second-quarter 2025 net income as applicable to common shareholders, with total revenues rising 9 per cent year-over-year and net interest income rising 17 per cent.

Noninterest costs rose by 4 per cent, to $3.206 billion, it said in a statement earlier last week.

Assets under custody/administration rose 13 per cent year-on-year to $55.8 trillion; assets under management grew 3 per cent to $2.1 trillion at the end of June this year, it said.

“We also generated another quarter of significant positive operating leverage which resulted in an improved pre-tax margin of 37 per cent and a ROTCE [return on tangible common equity] of 28 per cent,” Robin Vince, chief executive, said.

At the end of June, BNY had a Common Equity Tier 1 ratio of 11.5 per cent, up a touch from a year earlier and unchanged from the first quarter. 

In the quarter, the group returned $1.2 billion of capital to common shareholders.