Could BNY Mellon’s Pershing Platform Be the Key to Outsized Returns In 2025? 

Bank of New York Mellon’s (BNY) recent financial performance demonstrates notable achievements while also revealing areas that require attention. In 2024, the company reported record-breaking revenue and net income, with revenue reaching $18.6 billion, a 5% increase year-over-year, and net income climbing to $4.3 billion. These figures correspond to a strong return on tangible common equity of 23%. However, the company’s net interest income (NII) experienced a slight decline of 1% due to changes in the deposit mix, although this was somewhat balanced by higher investment securities portfolio yields. Fee revenue showed positive growth, increasing by 6% year-over-year, suggesting robustness in BNY’s core operations.