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Bank of New York Mellon vs First Citizens Bancshares: revenue, profit, margins and growth compared

Bank of New York Mellon brought in $20.1B of revenue in fiscal 2025, First Citizens Bancshares $9.5B in fiscal 2025. Revenue changed by +7.8% at Bank of New York Mellon and -2.2% at First Citizens Bancshares on the year before, so Bank of New York Mellon grew faster. Bank of New York Mellon kept 27.6% of its revenue as net profit, First Citizens Bancshares 23.1%. Free cash flow was $5.2B at Bank of New York Mellon and $2.2B at First Citizens Bancshares.

Side by side, latest fiscal year

BNYFCNCA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$20.1B$9.5B
Revenue growth+7.8%-2.2%
Net income$5.5B$2.2B
Net margin27.6%23.1%
Free cash flow$5.2B$2.2B
Free cash flow margin25.8%23.2%
Earnings per share (diluted)$7.40$165.24
Cash$5.1B$801M
Debt$31.9B$35.8B
Price to earnings20.012.7
Market value$100.5B$23.7B
Dividend yield1.35%0.38%
Rank by revenue in sector#34 of 536 · Finance#69 of 536 · Finance

Over the years

Revenue
BNY FY2018: $16.4BBNY FY2019: $16.5BBNY FY2020: $15.8BBNY FY2021: $15.9BBNY FY2022: $16.5BBNY FY2023: $17.7BBNY FY2024: $18.6BBNY FY2025: $20.1BFCNCA FY2022: $5.1BFCNCA FY2023: $18.8BFCNCA FY2024: $9.8BFCNCA FY2025: $9.5BFY18FY19FY20FY21FY22FY23FY24FY25
BNY $20.1BFCNCA $9.5B
Net income
BNY FY2018: $4.3BBNY FY2019: $4.4BBNY FY2020: $3.6BBNY FY2021: $3.8BBNY FY2022: $2.6BBNY FY2023: $3.3BBNY FY2024: $4.5BBNY FY2025: $5.5BFCNCA FY2018: $400.3MFCNCA FY2019: $457.4MFCNCA FY2020: $492MFCNCA FY2021: $547MFCNCA FY2022: $1.1BFCNCA FY2023: $11.5BFCNCA FY2024: $2.8BFCNCA FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
BNY $5.5BFCNCA $2.2B
Net margin
BNY FY2018: 26.0%BNY FY2019: 27.0%BNY FY2020: 22.9%BNY FY2021: 23.6%BNY FY2022: 15.5%BNY FY2023: 18.7%BNY FY2024: 24.3%BNY FY2025: 27.6%FCNCA FY2022: 21.6%FCNCA FY2023: 61.0%FCNCA FY2024: 28.5%FCNCA FY2025: 23.1%FY18FY19FY20FY21FY22FY23FY24FY25
BNY 27.6%FCNCA 23.1%
Revenue growth
BNY FY2019: +0.4%BNY FY2020: -4.0%BNY FY2021: +0.8%BNY FY2022: +3.8%BNY FY2023: +7.1%BNY FY2024: +5.2%BNY FY2025: +7.8%FCNCA FY2023: +269.7%FCNCA FY2024: -48.1%FCNCA FY2025: -2.2%FY19FY20FY21FY22FY23FY24FY25
BNY +7.8%FCNCA -2.2%
Free cash flow
BNY FY2018: $4.9BBNY FY2019: -$1.1BBNY FY2020: $3.8BBNY FY2021: $1.6BBNY FY2022: $13.7BBNY FY2023: $4.7BBNY FY2024: -$782MBNY FY2025: $5.2BFCNCA FY2018: $313.3MFCNCA FY2019: $457.2MFCNCA FY2020: $243MFCNCA FY2021: -$391MFCNCA FY2022: $2.6BFCNCA FY2023: $2.3BFCNCA FY2024: $2.6BFCNCA FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
BNY $5.2BFCNCA $2.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about Bank of New York Mellon and First Citizens Bancshares

Which is bigger by revenue, Bank of New York Mellon or First Citizens Bancshares?

Bank of New York Mellon is bigger by revenue: $20.1B in fiscal 2025, against $9.5B for First Citizens Bancshares in fiscal 2025.

Which keeps more of its revenue as profit, Bank of New York Mellon or First Citizens Bancshares?

Bank of New York Mellon had a net margin of 27.6% in fiscal 2025; First Citizens Bancshares had 23.1% in fiscal 2025.

Which grew revenue faster, Bank of New York Mellon or First Citizens Bancshares?

In their latest fiscal years revenue changed by +7.8% at Bank of New York Mellon and -2.2% at First Citizens Bancshares.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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