Core Insights - The Bank of New York Mellon Corporation reported $5.18 billion in revenue for Q4 2025, a 6.9% year-over-year increase, with an EPS of $2.08 compared to $1.72 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $5.12 billion by 1.21%, while the EPS fell short of the consensus estimate of $1.97 [1] Financial Performance Metrics - Tier 1 Leverage Ratio was reported at 6%, matching analyst estimates [4] - Net Interest Margin (FTE Basis) was 1.4%, slightly above the estimated 1.3% [4] - Book value per common share was $57.36, exceeding the estimate of $56.50 [4] - Average balance of total interest-earning assets was $387.29 billion, surpassing the estimate of $380.23 billion [4] Revenue Breakdown - Market and Wealth Services total revenue was $1.81 billion, above the $1.77 billion estimate, reflecting an 8.3% year-over-year increase [4] - Securities Services total fee and other revenue was $1.76 billion, matching the estimate, with a 7.2% year-over-year increase [4] - Securities Services net interest income was $735 million, exceeding the estimate of $693.25 million, representing a 7.9% year-over-year increase [4] - Total revenue for Securities Services was $2.5 billion, above the estimate of $2.46 billion, with a year-over-year increase of 7.4% [4] - Market and Wealth Services net interest income was $569 million, exceeding the estimate of $525.13 million, showing a 20% year-over-year increase [4] - Other Segment total revenue was $15 million, slightly above the estimate of $14.83 million, but reflecting a significant year-over-year decline of 179% [4] - Investment and Wealth Management net interest income was $51 million, surpassing the estimate of $44.37 million, with an 8.5% year-over-year increase [4] - Investment and Wealth Management total fee and other revenue was $803 million, slightly above the estimate of $801.07 million, but showing a year-over-year decline of 2.8% [4] Stock Performance - Shares of The Bank of New York Mellon have returned +3.2% over the past month, outperforming the Zacks S&P 500 composite's +2.3% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Financial Performance - Revenue increased by 9% year-over-year to $5.1 billion[5] - EPS increased by 25% year-over-year to $1.88[5] - Pre-tax margin increased by 3 percentage points year-over-year to 36%[5] - Expenses increased by 4% year-over-year to $3.2 billion[5] Capital Management - Returned $1.2 billion to common shareholders, including $381 million in dividends and $849 million in share repurchases[5] - Tier 1 leverage ratio increased slightly to 6.1%[3, 11] - CET1 ratio increased to 11.7%[8, 11] Segment Performance - Securities Services total revenue increased by 11% year-over-year to $2.459 billion[19, 20] - Market and Wealth Services total revenue increased by 14% year-over-year to $1.767 billion[23, 24] - Investment and Wealth Management total revenue decreased by 3% year-over-year to $824 million[27, 28]

Core Insights - Captrust Financial Advisors has acquired Cobblestone Capital Advisors, adding $3.8 billion in client assets to its portfolio [1][2] - The acquisition enhances Captrust's presence in New York, marking its third office in the state and increasing its employee count to 87 [4] Company Overview - Captrust, based in Raleigh, N.C., manages over $1 trillion in assets under advisement and management [1] - Cobblestone Capital Advisors, founded in 1986, specializes in investment and wealth management, including private investments and family office services [3] Leadership and Team - Cobblestone brings 42 employees, including 15 advisors, led by CEO John DiPasquale, Chief Investment Officer Jason Garlock, and Managing Director of Business Development Chris Mooney [2][4] Financial Metrics - Captrust oversees more than $847 billion in nondiscretionary assets and over $237 billion in discretionary assets [5] - The firm has the highest retirement plan assets under administration among registered investment advisors (RIAs) [6] Recent Acquisitions - Prior to the Cobblestone acquisition, Captrust acquired Carolinas Investment Consulting, which had over $1.4 billion in assets [7]