Tax Rate: 19.15%
Is the tax rate high or low?
The tax rate of 19.15% is in line with its 5-year average of 21.17%, near the low end of its 5-year range (12.50%–38.41%).
6.63% below its 12-month average of 20.51%.
BNY Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
BNY Average Tax Rate Chart
BNY Current vs Average Tax Rate Chart
BNY Tax Rate Metrics
TAX RATE
19.15%
TAX RATE AVG TTM
20.51%
TAX RATE AVG 3Y
21.64%
TAX RATE AVG 5Y
20.72%
TAX RATE AVG 10Y
20.85%
TAX RATE AVG 15Y
22.23%
TAX RATE AVG 20Y
24.06%
CURRENT VS TTM AVG
-6.63%
CURRENT VS 3Y AVG
-11.52%
CURRENT VS 5Y AVG
-7.58%
CURRENT VS 10Y AVG
-8.18%
CURRENT VS 15Y AVG
-13.86%
CURRENT VS 20Y AVG
-20.42%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Bank of New York Mellon Corp (BNY)?
- The tax rate for BNY stock is 19.15%.
- Is Bank of New York Mellon Corp's tax rate high or low?
- The tax rate of 19.15% is in line with its 5-year average of 21.17%, near the low end of its 5-year range (12.50%–38.41%).
- What is the TTM average tax rate for Bank of New York Mellon Corp (BNY)?
- The TTM average tax rate for BNY stock is 20.51%.
- What is the 3Y average tax rate for Bank of New York Mellon Corp (BNY)?
- The 3Y average tax rate for BNY stock is 21.64%.
- What is the 5Y average tax rate for Bank of New York Mellon Corp (BNY)?
- The 5Y average tax rate for BNY stock is 20.72%.
- What is the 10Y average tax rate for Bank of New York Mellon Corp (BNY)?
- The 10Y average tax rate for BNY stock is 20.85%.
- What is the 15Y average tax rate for Bank of New York Mellon Corp (BNY)?
- The 15Y average tax rate for BNY stock is 22.23%.
- What is the 20Y average tax rate for Bank of New York Mellon Corp (BNY)?
- The 20Y average tax rate for BNY stock is 24.06%.
BNY Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 19.15% |
| 2025-12-31 | 20.38% |
| 2025-09-30 | 21.33% |
| 2025-06-30 | 21.97% |
| 2025-03-31 | 19.71% |
| 2024-12-31 | 21.40% |
| 2024-09-30 | 22.03% |
| 2024-06-30 | 23.38% |
| 2024-03-31 | 22.43% |
| 2023-12-31 | 12.50% |
| 2023-09-30 | 21.46% |
| 2023-06-30 | 22.69% |
| 2023-03-31 | 23.76% |
| 2022-12-31 | 20.73% |
| 2022-09-30 | 38.41% |
| 2022-06-30 | 21.10% |
| 2022-03-31 | 16.67% |
| 2021-12-31 | 18.40% |
| 2021-09-30 | 18.85% |
| 2021-06-30 | 19.01% |
| 2021-03-31 | 19.17% |
| 2020-12-31 | 16.39% |
| 2020-09-30 | 18.41% |
| 2020-06-30 | 18.29% |
| 2020-03-31 | 21.60% |
| 2019-12-31 | 20.47% |
| 2019-09-30 | 19.11% |
| 2019-06-30 | 20.54% |
| 2019-03-31 | 19.87% |
| 2018-12-31 | 14.71% |
| 2018-09-30 | 16.49% |
| 2018-06-30 | 20.52% |
| 2018-03-31 | 19.53% |
| 2017-12-31 | -62.23% |
| 2017-09-30 | 25.44% |
| 2017-06-30 | 25.38% |
| 2017-03-31 | 22.31% |
| 2016-12-31 | 24.31% |
| 2016-09-30 | 24.60% |
| 2016-06-30 | 24.89% |
| 2016-03-31 | 25.94% |
| 2015-12-31 | 20.09% |
| 2015-09-30 | 25.43% |
| 2015-06-30 | 23.69% |
| 2015-03-31 | 25.69% |
| 2014-12-31 | -56.71% |
| 2014-09-30 | 33.45% |
| 2014-06-30 | 26.76% |
| 2014-03-31 | 25.05% |
| 2013-12-31 | 23.63% |
| 2013-09-30 | 1.90% |
| 2013-06-30 | 27.74% |
| 2013-03-31 | 128.73% |
| 2012-12-31 | 24.27% |
| 2012-09-30 | 23.08% |
| 2012-06-30 | 15.79% |
| 2012-03-31 | 28.70% |
| 2011-12-31 | 30.62% |
| 2011-09-30 | 29.74% |
| 2011-06-30 | 26.79% |
| 2011-03-31 | 29.40% |
| 2010-12-31 | 27.32% |
| 2010-09-30 | 26.38% |
| 2010-06-30 | 30.22% |
| 2010-03-31 | 29.19% |
| 2009-12-31 | -6.10% |
| 2009-06-30 | 2.34% |
| 2009-03-31 | 28.15% |
| 2008-09-30 | -15.85% |
| 2008-06-30 | 50.24% |
| 2008-03-31 | 32.26% |
| 2007-12-31 | 31.91% |
| 2007-09-30 | 28.19% |
| 2007-06-30 | 31.91% |
| 2007-03-31 | 32.25% |
| 2006-12-31 | 31.35% |
| 2006-09-30 | 29.38% |
| 2006-06-30 | 33.84% |
| 2006-03-31 | 32.71% |
| 2005-12-31 | 33.39% |
| 2005-09-30 | 32.04% |
| 2005-06-30 | 32.08% |
| 2005-03-31 | 33.04% |
| 2004-12-31 | 43.66% |
| 2004-09-30 | 32.95% |
| 2004-06-30 | 34.34% |
| 2004-03-31 | 23.04% |
| 2003-12-31 | 34.54% |
| 2003-09-30 | 33.50% |
| 2003-06-30 | 34.59% |
| 2003-03-31 | 34.59% |
| 2002-12-31 | 35.90% |
| 2002-09-30 | 35.77% |
| 2002-06-30 | 34.00% |
Related Metrics
About Bank of New York Mellon Corp
The Bank of New York Mellon Corp. is a holding company, which engages in the provision of financial services. It operates through the following segments: Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other. The Securities Services segment includes the Asset Servicing business, which provides global custody, fund accounting, integrated middle-office solutions, transfer agency and data, and analytics solutions. The Market and Wealth Services segment consists of the Pershing, Clearance and Collateral Management, and Treasury Services businesses. The Investment and Wealth Management segment is involved in services to institutional and retail investors, as well as investment management, wealth, and estate planning. The Other segment refers to the leasing portfolio, corporate treasury activities, derivatives, and other trading activity. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.
- Sector
- Financial Services
- Industry
- Investment - Banking & Investment Services
- CEO
- Robin Vince