Discontinued — last reported Q4 '24
State and Local Income Taxes, Net
Bank of New York Mellon State and Local Income Taxes, Net remained flat by 0.0% to $20.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 47.1%, from $38.25M to $20.25M. Over 4 years (FY 2021 to FY 2025), State and Local Income Taxes, Net shows a downward trend with a -6.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates higher state-level tax burdens, potentially due to changes in operations or tax laws in specific regions.
Detailed definition
Represents the net expense incurred for state and local income taxes after accounting for the federal tax benefit of ded...
Peer comparison
Standard line item for US-based companies with significant domestic operations.
is_cat_state_and_local_income_taxes_netHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $107.00M | $19.00M | $192.00M | $153.00M | $81.00M |
| YoY Change | — | -82.2% | +910.5% | -20.3% | -47.1% |
State and Local Income Taxes, Net at Other Companies
Frequently Asked Questions
- What is Bank of New York Mellon's state and local income taxes, net?
- Bank of New York Mellon (BK) reported state and local income taxes, net of $20.25M in Q4 2025.
- How has Bank of New York Mellon's state and local income taxes, net changed year-over-year?
- Bank of New York Mellon's state and local income taxes, net decreased by 47.1% year-over-year, from $38.25M to $20.25M.
- What is the long-term trend for Bank of New York Mellon's state and local income taxes, net?
- Over 4 years (2021 to 2025), Bank of New York Mellon's state and local income taxes, net has grown at a -6.7% compound annual growth rate (CAGR), from $107.00M to $81.00M.
- What does state and local income taxes, net mean?
- The net cost of state and local income taxes after federal tax deductions.