Occupancy and equipment
Bank of New York Mellon Occupancy and equipment decreased by 14.0% to $123.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.6%, from $136.00M to $123.00M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows an upward trend with a 2.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may indicate expansion of the physical footprint or rising real estate costs, while a decrease suggests branch consolidation or a shift toward digital-first operations.
Detailed definition
This metric represents the recurring costs associated with maintaining physical branch networks, corporate office space,...
Peer comparison
Standard across all large financial institutions; peers often track this as a component of noninterest expense to measure operational leverage.
occupancy_and_equipmentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $122.00M | $120.00M | $133.00M | $122.00M | $125.00M | $124.00M | $143.00M | $119.00M | $121.00M | $140.00M | $162.00M | $124.00M | $134.00M | $130.00M | $149.00M | $136.00M | $132.00M | $140.00M | $143.00M | $123.00M |
| QoQ Change | — | -1.6% | +10.8% | -8.3% | +2.5% | -0.8% | +15.3% | -16.8% | +1.7% | +15.7% | +15.7% | -23.5% | +8.1% | -3.0% | +14.6% | -8.7% | -2.9% | +6.1% | +2.1% | -14.0% |
| YoY Change | — | — | — | — | +2.5% | +3.3% | +7.5% | -2.5% | -3.2% | +12.9% | +13.3% | +4.2% | +10.7% | -7.1% | -8.0% | +9.7% | -1.5% | +7.7% | -4.0% | -9.6% |
Occupancy and equipment at Other Companies
Frequently Asked Questions
- What is Bank of New York Mellon's occupancy and equipment?
- Bank of New York Mellon (BK) reported occupancy and equipment of $123.00M in Q1 2026.
- How has Bank of New York Mellon's occupancy and equipment changed year-over-year?
- Bank of New York Mellon's occupancy and equipment decreased by 9.6% year-over-year, from $136.00M to $123.00M.
- What is the long-term trend for Bank of New York Mellon's occupancy and equipment?
- Over 4 years (2021 to 2025), Bank of New York Mellon's occupancy and equipment has grown at a 2.6% compound annual growth rate (CAGR), from $498.00M to $551.00M.
- What does occupancy and equipment mean?
- The total cost of renting, maintaining, and equipping physical office and branch locations.