AI Takeaway
BNY delivered strong Q1 FY2026 profitability with net income up 33.8% YoY to $1.632B and diluted EPS up 41.8% to $2.24, driven by significant balance sheet growth (total assets +27.4% YoY to $561.5B), even as operating cash flow turned negative and financing activities surged to fund asset growth.
EPS (Basic)
$2.26
++42.14% YoY
Filed · Analysis updated · Source: SEC EDGAR 10-Q filing
Net income increased 33.8% YoY to $1,632M from $1,220M, while diluted EPS rose 41.8% to $2.24 from $1.58, reflecting both higher earnings and the impact of share buybacks reducing share count.
Source: 10-Q Income Statement (XBRL)
Total assets grew 27.4% YoY to $561.5B, driven by growth outpacing liabilities growth of 30.0% to $516.2B, resulting in stockholders' equity growth of only 3.9% to $44.8B, indicating increased leverage.
Source: 10-Q Balance Sheet (XBRL)
Operating cash flow swung to negative $3,013M from positive $412M a year ago, an 831.3% YoY decline, likely reflecting working capital or trading-related balance sheet movements typical of a custody bank rather than a deterioration in core profitability.
Source: 10-Q Cash Flow Statement (XBRL)
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Upgrade to unlockOperating cash flow turned sharply negative at -$3,013M compared to +$412M in the prior year period, an 831.3% YoY decline. While this may reflect normal fluctuations in custody/markets business working capital, a sustained negative trend would be a concern for liquidity generation from core operations.
Source: 10-Q Cash Flow Statement (XBRL)
Unlock 3 more detailed risk analysis
Upgrade to unlock| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Net Income | $1.63B | $1.22B | +33.77% |
EPS (Basic) | $2.26 | $1.59 | +42.14% |
EPS (Diluted) | $2.24 | $1.58 | +41.77% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $561.52B | $440.69B | +27.42% |
Total Liabilities | $516.2B | $397.07B | +30.00% |
Stockholders' Equity | $44.78B | $43.12B | +3.86% |
Cash & Equivalents | $6.39B | $5.35B | +19.35% |
Long-Term Debt | $32.58B | $30.87B | +5.55% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash Flow | $-3.01B | $412M | -831.31% |
Investing Cash Flow | $-83.72B | $-18.8B | -345.24% |
Financing Cash Flow | $88.3B | $21.1B | +318.50% |
Dividends Paid | $434M | $414M | +4.83% |
Share Buybacks | $983M | $746M | +31.77% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
ROE | 3.6% | — | — |
ROA | 0.3% | — | — |
Debt to Equity | $11.527 | — | — |
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The filing data provided does not include analyst consensus estimates, so a beat/miss cannot be confirmed from this filing alone. However, BNY reported strong YoY growth with net income up 33.8% to $1.632B and diluted EPS up 41.8% to $2.24.
BNY reported net income of $1,632M (up 33.8% YoY) and diluted EPS of $2.24 (up 41.8% YoY), alongside total asset growth of 27.4% to $561.5B. However, operating cash flow turned negative at -$3,013M compared to +$412M a year earlier.
BNY's net income grew 33.8% year-over-year, from $1,220M in the prior year period to $1,632M in Q1 FY2026. Diluted EPS grew even faster at 41.8%, reaching $2.24, partly aided by share buybacks of $983M during the quarter.
Based on the financial data, key risk areas include negative operating cash flow of -$3,013M (down from +$412M YoY) and rising leverage, with total liabilities growing 30.0% YoY versus only 3.9% equity growth, resulting in a debt-to-equity ratio of approximately 11.5x. No specific risk factor disclosures were provided in this filing's text sections.
BNY shows strong profitability growth with net income up 33.8% YoY and EPS up 41.8% YoY, alongside a large balance sheet of $561.5B in total assets. However, ROA remains low at approximately 0.29% and ROE at about 3.64% on a quarterly basis, typical for a large custody bank, while operating cash flow was negative for the period.