BNY Mellon Strategic Municipals, Inc.(LEO)Earnings, Financials & Key Ratios
LEO•NYSE•Banking & Credit
Price updated Jun 13, 2026
AboutBNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Strategic Municipals, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States.Show more
- Net Interest Income$22M+9.1%
- Total Revenue-$5M-107.1%
- Net Income-$13M-117.8%
- Return on Equity-2.99%-117.2%
- Net Interest Margin3.4%+14.2%
- Efficiency Ratio1.48%+2087.3%
- ROA-1.98%-117.5%
- Equity / Assets65.5%-1.8%
- Book Value per Share6.80-6.3%
- Tangible BV/Share6.80-6.3%
- Debt/Equity0.33+5.9%
LEO Key Insights
BNY Mellon Strategic Municipals, Inc. (LEO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Well capitalized: 65.5% equity/assets
- ✓Healthy dividend yield of 3.8%
- ✓Trading near 52-week high
- ✓Trading at only 0.9x book value
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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LEO Price & Volume
BNY Mellon Strategic Municipals, Inc. (LEO) stock price & volume — 10-year historical chart
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LEO Growth Metrics
BNY Mellon Strategic Municipals, Inc. (LEO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM156.92%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM155.43%
Return on Capital
10 Years2.41%
5 Years0.73%
3 Years4.14%
Last Year-2.24%
LEO Recent Earnings
BNY Mellon Strategic Municipals, Inc. (LEO) EPS & revenue vs analyst estimates — last 4 quarters
Q4 2025Latest
Sep 30, 2025EPS
$0.12
Revenue
$12M
Q3 2025
Jun 12, 2025EPS
$0.33
Revenue
$14M
Q4 2024
Nov 21, 2024EPS
$0.37
Revenue
$14M
Q3 2024
Jun 12, 2024EPS
$0.81
Revenue
$14M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Sep 30, 2025 | $0.12 | $12M |
| Q3 2025 | Jun 12, 2025 | $0.33 | $14M |
| Q4 2024 | Nov 21, 2024 | $0.37 | $14M |
| Q3 2024 | Jun 12, 2024 | $0.81 | $14M |
Based on last 12 quarters of dataView full earnings history →
LEO Peer Comparison
BNY Mellon Strategic Municipals, Inc. (LEO) competitors in Closed-end funds and investment trusts — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BK | 100.01B | 141.91 | 19.15 | 2.25% | 13.72% | 12.52% | 0.76 | |
 MS | 340.97B | 214.04 | 20.98 | 11.48% | 14.66% | 15.3% | 4.22 | |
 GS | 337.53B | 1062.75 | 20.71 | -1.38% | 13.73% | 13.58% | 4.88 | |
 ICE | 79.6B | 140.53 | 24.36 | 7.46% | 26.14% | 11.57% | 0.70 | |
 MSCI | 43.62B | 599.12 | 38.50 | 9.74% | 40.74% |
Compare LEO vs Peers
BNY Mellon Strategic Municipals, Inc. (LEO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LEO Income Statement
BNY Mellon Strategic Municipals, Inc. (LEO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | 37.11M | 36.13M | 32.71M | 31.12M | 30.18M | 27.87M | 22.3M | 20.15M | 21.98M |
NII Growth % | - | -2.64% | -9.45% | -4.86% | -3.04% | -7.65% | -19.98% | -9.63% | 9.06% |
Net Interest Margin % | 4.48% | 4.38% | 3.77% | 3.78% | 3.68% | 4.19% | 3.57% | 2.98% | 3.4% |
Interest Income | 39.2M | 40.09M | 37.48M | 34.94M | 31.61M | 30.18M | 28.61M | 28.7M | 29.97M |
Interest Expense | 2.09M | 3.96M | 4.76M | 3.81M | 1.43M | 2.31M | 6.31M | 8.54M | 7.99M |
Loan Loss Provision | 2 | 3 | -517.04K | 465.79K | 3.04M | 1.81M | 0 | -8.54M | 0 |
Non-Interest Income | -35.46M | -34.72M | 15.74M | -11.65M | 15.68M | -9.42M | -12.83M | 44.76M | -35.15M |
Non-Interest Income % | -948.96% | -645.93% | 29.58% | -50.04% | 33.16% | -45.37% | -81.34% | 60.94% | 678.28% |
Total Revenue | 3.74M▲ 0% | 5.37M▲ 43.8% | 53.22M▲ 890.2% | 23.28M▼ 56.3% | 47.29M▲ 103.1% | 20.76M▼ 56.1% | 15.78M▼ 24.0% | 73.46M▲ 365.7% | -5.18M▼ 107.1% |
Revenue Growth % | -91.59% | 43.84% | 890.23% | -56.25% | 103.11% | -56.1% | -24.02% | 365.66% | -107.06% |
Non-Interest Expense | 132.29K | 146.09K | -38.62K | 4.44M | 4.65M | 4.31M | 36.48K | -54.57K | -76.51K |
Efficiency Ratio | 3.54% | 2.72% | -0.07% | 19.08% | 9.82% | 20.74% | 0.23% | -0.07% | 1.48% |
Operating Income | 31.89M▲ 0% | 31.25M▼ 2.0% | 53.26M▲ 70.4% | 11.76M▼ 77.9% | 48.73M▲ 314.3% | -108.95M▼ 323.5% | 11.45M▲ 110.5% | 73.51M▲ 542.3% | -13.1M▼ 117.8% |
Operating Margin % | 853.49% | 581.47% | 100.07% | 50.52% | 103.05% | -524.7% | 72.55% | 100.07% | 252.73% |
Operating Income Growth % | -5.49% | -2.01% | 70.42% | -77.91% | 314.32% | -323.55% | 110.51% | 542.29% | -117.82% |
Pretax Income | 3.6M▲ 0% | 5.23M▲ 45.1% | 53.26M▲ 918.6% | 7.95M▼ 85.1% | 47.3M▲ 494.9% | -111.26M▼ 335.2% | 5.12M▲ 104.6% | 73.51M▲ 1335.5% | -13.1M▼ 117.8% |
Pretax Margin % | 96.46% | 97.28% | 100.07% | 34.15% | 100.02% | -535.84% | 32.46% | 100.07% | 252.73% |
Income Tax | 2 | -52.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | -998.52% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | 3.6M▲ 0% | 5.23M▲ 45.1% | 53.26M▲ 918.6% | 7.95M▼ 85.1% | 47.3M▲ 494.9% | -111.26M▼ 335.2% | 5.12M▲ 104.6% | 73.51M▲ 1335.5% | -13.1M▼ 117.8% |
Net Margin % | 96.46% | 97.28% | 100.07% | 34.15% | 100.02% | -535.84% | 32.46% | 100.07% | 252.73% |
Net Income Growth % | -90.78% | 45.06% | 918.64% | -85.07% | 494.9% | -335.2% | 104.6% | 1335.51% | -117.82% |
Net Income (Continuing) | 3.6M | 5.23M | 53.26M | 7.95M | 47.3M | -111.26M | 5.12M | 73.51M | -13.1M |
EPS (Diluted) | 0.03▲ 0% | 0.08▲ 177.7% | 0.82▲ 884.4% | 0.11▼ 86.6% | 0.76▲ 590.9% | -1.79▼ 335.5% | 0.03▲ 101.6% | 1.18▲ 3983.0% | -0.21▼ 117.8% |
EPS Growth % | -100% | 177.67% | 884.39% | -86.59% | 590.91% | -335.53% | 101.61% | 3983.05% | -117.8% |
EPS (Basic) | 0.03 | 0.08 | 0.82 | 0.11 | 0.76 | -1.79 | 0.03 | 1.18 | -0.21 |
Diluted Shares Outstanding | 60.05M | 62.77M | 62.2M | 62.21M | 62.28M | 62.29M | 62.29M | 62.29M | 62.29M |
LEO Balance Sheet
BNY Mellon Strategic Municipals, Inc. (LEO) balance sheet — assets, liabilities & shareholders' equity
| Metric | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 679.33K | 39.02K | 574.23K | 531.59K | 799.06K | 4.17M | 6.23M | 3.49M | 106.57K |
Cash & Due from Banks | 679.33K | 39.02K | 574.23K | 531.59K | 799.06K | 4.17M | 6.23M | 3.49M | 106.57K |
Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Investments | 814.88M | 812.45M | 854.8M | 811.67M | 809.18M | 650.82M | 606.84M | 664.7M | 637.5M |
Investments Growth % | -2.72% | -0.3% | 5.21% | -5.05% | -0.31% | -19.57% | -6.76% | 9.53% | -4.09% |
Long-Term Investments | 814.88M | 812.45M | 854.8M | 811.67M | 809.18M | 650.82M | 606.84M | 664.7M | 637.5M |
Accounts Receivables | 0 | 0 | 0 | 11.01M | 10.07M | 9.69M | 0 | 8.77M | 8.7M |
Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets | -814.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Assets | 13.55M | 39.02K | 12.3M | 11.54M | 10.87M | 13.87M | 17.11M | 12.31M | 8.84M |
Total Non-Current Assets | 814.88M | 812.45M | 854.8M | 811.67M | 809.18M | 650.82M | 606.84M | 664.7M | 637.5M |
Total Assets | 828.45M▲ 0% | 825.33M▼ 0.4% | 867.13M▲ 5.1% | 823.27M▼ 5.1% | 820.07M▼ 0.4% | 664.72M▼ 18.9% | 624.25M▼ 6.1% | 677.01M▲ 8.5% | 646.34M▼ 4.5% |
Asset Growth % | -2.92% | -0.38% | 5.06% | -5.06% | -0.39% | -18.94% | -6.09% | 8.45% | -4.53% |
Return on Assets (ROA) | 0.43% | 0.63% | 6.29% | 0.94% | 5.76% | -14.99% | 0.79% | 11.3% | -1.98% |
Accounts Payable | 822.21K | 1.59M | 1.52M | 638.07K | 2.47M | 2.92M | 11.11M | 6.06M | 4.69M |
Total Debt | 148.57M | 229.4M | 246.23M | 222.56M | 195.86M | 174.78M | 141.49M | 140.13M | 139.04M |
Net Debt | 147.9M | 229.36M | 245.65M | 222.02M | 195.06M | 170.61M | 135.26M | -3.49M | 138.94M |
Long-Term Debt | 0 | 0 | 0 | 222.56M | 195.86M | 174.78M | 141.49M | 0 | 139.04M |
Short-Term Debt | 0 | 0 | 0 | 222.56M | 195.86M | 174.78M | 0 | 140.13M | 0 |
Other Liabilities | 0 | 0 | 0 | 0 | 79.4M | 79.34M | 0 | 78.73M | 79.23M |
Total Current Liabilities | 1.42M | 2.16M | 2.07M | 638.07K | 2.02M | 2.92M | 11.39M | 146.6M | 4.69M |
Total Non-Current Liabilities | 148.57M | 229.4M | 246.23M | 222.56M | 275.26M | 254.12M | 141.49M | 78.73M | 218.27M |
Total Liabilities | 149.99M | 231.55M | 248.3M | 223.69M | 198.83M | 178.13M | 231.89M | 225.34M | 222.97M |
Total Equity | 678.46M▲ 0% | 593.78M▼ 12.5% | 618.83M▲ 4.2% | 599.58M▼ 3.1% | 621.24M▲ 3.6% | 486.59M▼ 21.7% | 392.36M▼ 19.4% | 451.67M▲ 15.1% | 423.37M▼ 6.3% |
Equity Growth % | -4.09% | -12.48% | 4.22% | -3.11% | 3.61% | -21.67% | -19.37% | 15.12% | -6.27% |
Equity / Assets (Capital Ratio) | 81.9% | 71.94% | 71.37% | 72.83% | 75.75% | 73.2% | 62.85% | 66.72% | 65.5% |
Return on Equity (ROE) | 0.52% | 0.82% | 8.78% | 1.31% | 7.75% | -20.09% | 1.17% | 17.42% | -2.99% |
Book Value per Share | 11.30 | 9.46 | 9.95 | 9.64 | 9.98 | 7.81 | 6.30 | 7.25 | 6.80 |
Tangible BV per Share | 11.30 | 9.46 | 9.95 | 9.64 | 9.98 | 7.81 | 6.30 | 7.25 | 6.80 |
Common Stock | 62.11K | 62.2K | 62.2K | 62.21K | 62.28K | 62.29K | 62.29K | 62.29K | 62.29K |
Additional Paid-in Capital | 528.49M | 500.01M | 493.64M | 492.28M | 492.86M | 492.99M | 492.99M | 492.99M | 492.99M |
Retained Earnings | 114.17K | 14.81M | 46.23M | 28.34M | 49.41M | -85.36M | -100.69M | -41.38M | -69.68M |
Accumulated OCI | 7.41M | 29.62M | 0 | 0 | 0 | 0 | -78.9M | 0 | 0 |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Preferred Stock | 142.5M | 78.9M | 78.9M | 78.9M | 78.9M | 78.9M | 78.9M | 0 | 0 |
LEO Cash Flow Statement
BNY Mellon Strategic Municipals, Inc. (LEO) cash flow — operating, investing & free cash flow history
| Metric | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 29.97M | 90.38M | 31.49M | 30.63M | 52.51M | 45.19M | 9.73M | 12.82M | 12.65M |
Operating CF Growth % | -22.66% | 201.53% | -65.16% | -2.72% | 71.44% | -13.94% | -78.47% | 31.74% | -1.28% |
Net Income | 1.8M | 3.14M | 51.17M | 6.75M | 47.21M | -112.04M | 5.12M | 73.51M | -13.1M |
Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 24.83M | 6.39M | -37.57M | 46.93M | 2.51M | 158.35M | -3.04M | -57.76M | 27.29M |
Working Capital Changes | 3.34M | 80.85M | 17.88M | -23.04M | 2.79M | -1.12M | 7.65M | -2.94M | -1.54M |
Cash from Investing | -5.72M | -25.65M | -19.69M | 36.92M | 21.3M | 32.95M | 43.44M | 7.53M | 47.12K |
Purchase of Investments | -5.72M | -25.65M | -19.69M | 0 | 0 | 0 | 0 | 0 | 0 |
Sale/Maturity of Investments | 0 | 0 | 0 | 36.92M | 21.3M | 32.95M | 43.44M | 7.53M | 47.12K |
Net Investment Activity | -5.72M | -25.65M | -19.69M | 36.92M | 21.3M | 32.95M | 43.44M | 7.53M | 47.12K |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash from Financing | -32.55M | -91.02M | -30.95M | -30.67M | -52.24M | -41.82M | -51.11M | -15.56M | -16.03M |
Dividends Paid | -30.75M | -27.4M | -26.12M | -26M | -25.54M | -20.74M | -17.81M | -14.2M | -14.95M |
Share Repurchases | 0 | -63.6M | 0 | 0 | 0 | 0 | -78.9M | 0 | 0 |
Stock Issued | 0 | 3.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net Stock Activity | 0 | -60.42M | 0 | 0 | 0 | 0 | -78.9M | 0 | 0 |
Debt Issuance (Net) | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -1000K |
Other Financing | -1.8M | -3.2M | -4.83M | -4.67M | 0 | 0 | 78.9M | 0 | 0 |
Net Change in Cash | -2.58M▲ 0% | -640.31K▲ 75.2% | 535.22K▲ 183.6% | -42.64K▼ 108.0% | 267.47K▲ 727.3% | 3.37M▲ 1161.3% | 2.06M▼ 39.0% | -2.74M▼ 233.3% | -3.38M▼ 23.3% |
Exchange Rate Effect | 5.72M | 25.65M | 19.69M | -36.92M | -21.3M | -32.95M | 0 | 0 | 0 |
Cash at Beginning | 3.26M | 679.33K | 39.02K | 574.23K | 531.59K | 799.06K | 4.17M | 6.23M | 3.49M |
Cash at End | 679.33K | 39.02K | 574.23K | 531.59K | 799.06K | 4.17M | 6.23M | 3.49M | 106.57K |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Free Cash Flow | 29.97M▲ 0% | 90.38M▲ 201.5% | 31.49M▼ 65.2% | 30.63M▼ 2.7% | 52.51M▲ 71.4% | 45.19M▼ 13.9% | 53.17M▲ 17.7% | 12.82M▼ 75.9% | 12.65M▼ 1.3% |
FCF Growth % | -22.66% | 201.53% | -65.16% | -2.72% | 71.44% | -13.94% | 17.65% | -75.89% | -1.28% |
LEO Banking Ratios
BNY Mellon Strategic Municipals, Inc. (LEO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 5.62% | 0.52% | 0.82% | 8.78% | 1.31% | 7.75% | -20.09% | 1.17% | 17.42% | -2.99% |
| Return on Assets (ROA) | 4.64% | 0.43% | 0.63% | 6.29% | 0.94% | 5.76% | -14.99% | 0.79% | 11.3% | -1.98% |
| Net Interest Margin | 0% | 4.48% | 4.38% | 3.77% | 3.78% | 3.68% | 4.19% | 3.57% | 2.98% | 3.4% |
| Efficiency Ratio | 39.4% | 3.54% | 2.72% | -0.07% | 19.08% | 9.82% | 20.74% | 0.23% | -0.07% | 1.48% |
| Equity / Assets | 82.9% | 81.9% | 71.94% | 71.37% | 72.83% | 75.75% | 73.2% | 62.85% | 66.72% | 65.5% |
| Book Value / Share | 12.94 | 11.3 | 9.46 | 9.95 | 9.64 | 9.98 | 7.81 | 6.3 | 7.25 | 6.8 |
| NII Growth | - | - | -2.64% | -9.45% | -4.86% | -3.04% | -7.65% | -19.98% | -9.63% | 9.06% |
| Dividend Payout | 78.87% | 853.22% | 523.97% | 49.05% | 327% | 54% | - | 347.87% | 19.32% | - |
Related:LEO Dividend History·LEO Revenue History·LEO Price History·LEO P/E History·LEO Financial Ratios·LEO Institutional Holders
LEO Frequently Asked Questions
BNY Mellon Strategic Municipals, Inc. (LEO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
BNY Mellon Strategic Municipals, Inc. (LEO) saw revenue decline by 107.1% over the past year.
Yes, BNY Mellon Strategic Municipals, Inc. (LEO) is profitable, generating $60.4M in net income for fiscal year 2025 (252.7% net margin).
Dividend & Returns
Yes, BNY Mellon Strategic Municipals, Inc. (LEO) pays a dividend with a yield of 3.76%. This makes it attractive for income-focused investors.
BNY Mellon Strategic Municipals, Inc. (LEO) has a return on equity (ROE) of -3.0%. Negative ROE indicates the company is unprofitable.
Industry Metrics
BNY Mellon Strategic Municipals, Inc. (LEO) has a net interest margin (NIM) of 3.4%. This indicates healthy earnings from lending activities.
BNY Mellon Strategic Municipals, Inc. (LEO) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.