Bank of New York Mellon (MEX:BK) Tax Expense: MXN28,584 Mil (TTM As of Mar. 2026)


MEX:BK Bank of New York Mellon Corp MEX:BK
63 GF Score
Price MXN2,366.00
GF Value MXN1,650.44
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Bank of New York Mellon Tax Expense?

Bank of New York Mellon MEX:BK 63 Tax Expense is MXN28,584 Mil as of Mar. 2026. GuruFocus rates MEX:BK with a GF Score™ of 63/100 and a GF Value™ of MXN1,650.44 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Bank of New York Mellon's tax expense for the months ended in Mar. 2026 was MXN6,961 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN28,584 Mil.


Bank of New York Mellon  (MEX:BK) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Bank of New York Mellon Tax Expense Related Terms


Bank of New York Mellon Tax Expense Historical Data

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The historical data trend for Bank of New York Mellon's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bank of New York Mellon Tax Expense Chart

Bank of New York Mellon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,990.78 18,267.75 16,617.79 27,216.69 26,558.41

Bank of New York Mellon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,137.46 7,607.00 7,245.96 6,770.14 6,960.62
MEX:BK
63GF Score
Bank of New York Mellon Corp MEX:BK
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of New York Mellon Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN28,584 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of MXN28,584 Mil mean?
Bank of New York Mellon (MEX:BK) has a Tax Expense of MXN28,584 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Bank of New York Mellon and its competitors.
Is Bank of New York Mellon's Tax Expense too high?
Bank of New York Mellon's current Tax Expense is MXN28,584 Mil. Overall, Bank of New York Mellon has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of New York Mellon's Tax Expense compare to NTB and FRBT?
Bank of New York Mellon's Tax Expense of MXN28,584 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Banks company?
A good Tax Expense depends on the Banks industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Bank of New York Mellon and its competitors. Bank of New York Mellon's current Tax Expense is MXN28,584 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of New York Mellon stock overvalued right now?
Based on GuruFocus' analysis, Bank of New York Mellon (MEX:BK) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,650.44, compared to a current price of MXN2,366.00 — trading 43.4% above its estimated fair value. The current Tax Expense is MXN28,584 Mil. Bank of New York Mellon's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Bank of New York Mellon (MEX:BK), the current Tax Expense is MXN28,584 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bank of New York Mellon (MEX:BK) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of New York Mellon stock appears to be overvalued. The current stock price of MXN2,366.00 is trading 43.4% above its estimated GF Value™ of MXN1,650.44. GuruFocus considers Bank of New York Mellon to be Significantly Overvalued.

Key valuation signals for MEX:BK:

  • Tax Expense: MXN28,584 Mil
  • GF Value™: MXN1,650.44 vs. price of MXN2,366.00 (43.4% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the MEX:BK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of New York Mellon Business Description

Address 240 Greenwich Street, New York, NY, USA, 10286
Bank of New York Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors, delivering investment management and services in 35 countries and more than 100 markets. BNY is the largest global custody bank in the world, with $59.3 trillion in under custody or administration (as of December 2025), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY's asset-management division manages about $2.2 trillion in assets.
63GF Score

Get the complete analysis for MEX:BK

Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,366.00
Price
MXN1,650.44
GF Value