The Bank of New York Mellon: how it compares with its peers
Against 17 U.S. banks with half to twice its assets, The Bank of New York Mellon's strongest measure in Q2 2026 is return on assets (1.36% vs. a 1.16% peer median). Its weakest relative measure is net interest margin (1.47% vs. 3.15%).
| Measure | The Bank of New York Mellon | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.36% | 1.16% | Top third Ahead of 76% of peers |
| Net interest margin Annualized net interest income over earning assets. | 1.47% | 3.15% | Bottom third Ahead of 6% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.49% | 59.23% | Middle third Ahead of 53% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.9M | $13.1M | Bottom third Ahead of 29% of peers |
| Loans to deposits Net loans and leases over total deposits. | 12.47% | 78.03% | Context |
What it means for lending operations
Its efficiency ratio of 57.49% is better than the 59.23% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Morgan Stanley Bank, National Association Salt Lake City, UT · $419.32B
- State Street Bank and Trust Company Boston, MA · $412.62B
- TD Bank, National Association Wilmington, DE · $342.80B
- Truist Bank Charlotte, NC · $548.35B
- Fifth Third Bank, National Association Cincinnati, OH · $299.18B
- The Huntington National Bank Columbus, OH · $283.07B
Questions about The Bank of New York Mellon
How big is The Bank of New York Mellon?
The Bank of New York Mellon, established in 1851, is headquartered in New York, NY. It reported $425.12B in total assets in its Q2 2026 FDIC call report and operates 26 offices.
What is The Bank of New York Mellon's return on assets?
1.36% annualized in Q2 2026, against a 1.16% median for 17 U.S. banks with half to twice its assets, ahead of 76% of them.
What is The Bank of New York Mellon's efficiency ratio?
57.49% in Q2 2026: it spent about 57 cents in noninterest expense for each dollar of revenue. The peer median is 59.23%, and lower is better.
Is The Bank of New York Mellon growing its loans?
Net loans grew 31.9% over the year to Q2 2026, while deposits grew 7.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New York bank ranked.