BNY Decreases Prime Lending Rate to 7.25%

Rhea-AI Summary

BNY (NYSE: BK) has announced a reduction in its Prime Lending Rate. The rate will decrease by 25 basis points from 7.50% to 7.25%, with the change taking effect on September 18, 2025. This adjustment in the benchmark lending rate could impact various lending products and interest rates offered by the bank.

Positive

• Prime Lending Rate reduction of 0.25% could stimulate borrowing activity
• Lower rates may increase lending volume and fee income

Negative

• Potential compression of net interest margins
• Lower interest income from variable-rate loans

News Market Reaction

+1.41%

1 alert

+1.41% News Effect

On the day this news was published, BK gained 1.41%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Sept. 17, 2025 /PRNewswire/ -- BNY (NYSE: BK), a global financial services company, today announced it will decrease the Prime Lending Rate by 0.25%, from 7.50% to 7.25%, effective Thursday, September 18, 2025.

About BNY

BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of June 30, 2025, BNY oversees $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.

Contacts:
Media
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com 

Investors
Marius Merz
+1 212 298 1480
marius.merz@bny.com 

View original content:https://www.prnewswire.com/news-releases/bny-decreases-prime-lending-rate-to-7-25-302559715.html

SOURCE BNY

FAQ

What is BNY's new Prime Lending Rate as of September 18, 2025?

BNY's Prime Lending Rate will be 7.25%, decreased from 7.50%, effective September 18, 2025.

How much did BNY (NYSE: BK) decrease its Prime Lending Rate?

BNY decreased its Prime Lending Rate by 25 basis points (0.25%).

When will BNY's Prime Lending Rate change take effect?

The new Prime Lending Rate of 7.25% will take effect on Thursday, September 18, 2025.

What was BNY's previous Prime Lending Rate before the decrease?

BNY's previous Prime Lending Rate was 7.50% before the announced decrease.