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Complete financial analysis of The Bank of New York Mellon Corporation (BK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The Bank of New York Mellon Corporation, a leading company in the Asset Management industry within the Financial Services sector.
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The Bank of New York Mellon Corporation (BK)
About The Bank of New York Mellon Corporation
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | 1984 | 1983 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.29B | 16.03B | 15.63B | 15.47B | 16.09B | 15.12B | 15.12B | 14.83B | 14.81B | 15.26B | 14.55B | 14.56B | 15.87B | 13.50B | 7.23B | 13.14B | 11.01B | 4.66B | 6.87B | 6.34B | 5.62B | 4.81B | 5.22B | 4.98B | 5.19B | 3.93B | 3.99B | 4.09B | 3.53B | 3.01B | 2.82B | 2.36B | 2.23B | 2.25B | 2.17B | 0.00 | 0.00 | 0.00 | 0.00 | 648.00M | 593.00M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 929.00M | 747.00M |
| Gross Profit | 17.29B | 16.03B | 15.63B | 15.47B | 16.09B | 15.12B | 15.12B | 14.83B | 14.81B | 15.26B | 14.55B | 14.56B | 15.87B | 13.50B | 7.23B | 13.14B | 11.01B | 4.66B | 6.87B | 6.34B | 5.62B | 4.81B | 5.22B | 4.98B | 5.19B | 3.93B | 3.99B | 4.09B | 3.53B | 3.01B | 2.82B | 2.36B | 2.23B | 2.25B | 2.17B | 0.00 | 0.00 | 0.00 | 0.00 | -281.00M | -154.00M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | -43.36% | -25.97% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 6.83B | 6.80B | 6.34B | 5.97B | 6.06B | 6.03B | 5.97B | 5.73B | 5.84B | 5.85B | 6.02B | 5.76B | 6.54B | 5.22B | 4.70B | 5.12B | 4.12B | 2.64B | 2.55B | 2.32B | 2.00B | 1.58B | 1.59B | 1.49B | 1.25B | 1.18B | 1.07B | 1.01B | 913.00M | 852.00M | 813.00M | 668.00M | 594.00M | 679.50M | 700.90M | 0.00 | 0.00 | 0.00 | 0.00 | 501.00M | 445.00M |
| Selling & Marketing | 0.00 | 152.00M | 107.00M | 105.00M | 213.00M | 228.00M | 229.00M | 245.00M | 267.00M | 268.00M | 317.00M | 275.00M | 416.00M | 377.00M | 426.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 6.83B | 6.80B | 6.34B | 5.97B | 6.06B | 6.03B | 5.97B | 5.73B | 5.84B | 5.85B | 6.02B | 5.76B | 6.54B | 5.22B | 4.70B | 5.12B | 4.12B | 2.64B | 2.55B | 2.32B | 2.00B | 1.58B | 1.59B | 1.49B | 1.25B | 1.18B | 1.07B | 1.01B | 913.00M | 852.00M | 813.00M | 668.00M | 594.00M | 679.50M | 700.90M | 0.00 | 0.00 | 0.00 | 0.00 | 501.00M | 445.00M |
| Other Expenses | 10.47B | -14.31B | -17.33B | -16.98B | -16.59B | -14.11B | -3.12B | -2.64B | 0.00 | 0.00 | 0.00 | 0.00 | -18.85B | -15.24B | -14.41B | -16.33B | -12.09B | -3.60B | -7.05B | -6.46B | -5.86B | -5.02B | -4.75B | -4.22B | -3.61B | -3.22B | -3.29B | -3.45B | -2.96B | -2.66B | -2.74B | -2.47B | -2.65B | -2.50B | -2.81B | 213.00M | 103.40M | 155.20M | 130.30M | 929.00M | 747.00M |
| Operating Expenses | 17.29B | -7.51B | -11.00B | -11.01B | -10.53B | -7.96B | 3.12B | 2.64B | 10.80B | 12.18B | 11.31B | 11.33B | -12.31B | -10.02B | -9.71B | -11.22B | -7.97B | -957.00M | -4.50B | -4.14B | -3.85B | -3.44B | -3.16B | -2.73B | -2.35B | -2.04B | -2.22B | -2.44B | -2.04B | -1.81B | -1.93B | -1.80B | -2.06B | -1.82B | -2.11B | 213.00M | 103.40M | 155.20M | 130.30M | 1.43B | 1.19B |
| Cost & Expenses | 10.90B | -7.51B | -11.00B | -11.01B | -10.53B | -7.96B | 12.27B | 10.89B | 10.80B | 12.18B | 11.31B | 11.33B | -12.31B | -10.02B | -9.71B | -11.22B | -7.97B | -957.00M | -4.50B | -4.14B | -3.85B | -3.44B | -3.16B | -2.73B | -2.35B | -2.04B | -2.22B | -2.44B | -2.04B | -1.81B | -1.93B | -1.80B | -2.06B | -1.82B | -2.11B | 213.00M | 103.40M | 155.20M | 130.30M | 2.36B | 1.94B |
| Interest Income | 20.65B | 3.50B | 2.85B | 2.98B | 3.19B | 3.31B | 4.38B | 3.58B | 3.33B | 3.23B | 3.35B | 2.97B | 3.59B | 3.53B | 3.51B | 5.64B | 5.75B | 3.74B | 3.36B | 2.45B | 2.33B | 2.61B | 3.62B | 4.38B | 3.47B | 3.51B | 3.56B | 3.58B | 3.83B | 2.96B | 2.50B | 2.45B | 3.19B | 4.40B | 4.58B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 16.30B | 3.61B | 227.00M | 1.13B | 4.36B | 2.82B | 1.07B | 437.00M | 300.00M | 354.00M | 343.00M | 534.00M | 604.00M | 608.00M | 592.00M | 2.69B | 3.45B | 2.24B | 1.45B | 808.00M | 721.00M | 948.00M | 1.94B | 2.51B | 1.77B | 1.86B | 1.71B | 1.62B | 1.80B | 1.25B | 1.01B | 1.23B | 1.99B | 3.08B | 3.32B | 0.00 | 0.00 | 0.00 | 0.00 | 929.00M | 747.00M |
| Depreciation & Amortization | 1.75B | 1.64B | 1.87B | 1.63B | 1.32B | 2.11B | 2.22B | 1.50B | 261.00M | 298.00M | 342.00M | 384.00M | 428.00M | 421.00M | 711.00M | 482.00M | 826.00M | 494.00M | 526.00M | 480.00M | 430.00M | 232.00M | 284.00M | 247.00M | 215.00M | 187.00M | 200.00M | 237.00M | 198.00M | 200.00M | 187.00M | 165.00M | 155.00M | 148.60M | 114.70M | 0.00 | 0.00 | 0.00 | 0.00 | 929.00M | 747.00M |
| EBITDA | 5.84B | 4.96B | 6.52B | 6.10B | 6.90B | 7.30B | 6.08B | 6.23B | 5.69B | 4.86B | 5.17B | 4.55B | 4.39B | 4.32B | -1.50B | 2.83B | 4.05B | 2.27B | 2.50B | 2.82B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 213.00M | 103.40M | 155.20M | 130.30M | 1.08B | 895.00M |
| EBITDA Ratio | 33.75% | 53.58% | 30.18% | 29.49% | 35.29% | 61.91% | 31.70% | 33.45% | 29.92% | 29.85% | 27.31% | 24.79% | 25.15% | 28.88% | -24.45% | 18.26% | 35.10% | 90.07% | 42.14% | 42.28% | 39.04% | 33.36% | 44.86% | 50.17% | 58.82% | 52.82% | 49.42% | 46.22% | 47.66% | 46.51% | 38.10% | 30.72% | 14.86% | 25.76% | 8.26% | 0.00% | 0.00% | 0.00% | 0.00% | 166.05% | 150.93% |
| Operating Income | 6.49B | 8.52B | 4.64B | 4.46B | 5.56B | 8.03B | 4.59B | 4.72B | 4.17B | 4.26B | 3.63B | 3.22B | 3.56B | 3.48B | -2.48B | 1.92B | 3.04B | 3.71B | 2.37B | 2.20B | 1.76B | 1.37B | 2.06B | 2.25B | 2.84B | 1.89B | 1.77B | 1.65B | 1.48B | 1.20B | 886.00M | 559.00M | 177.00M | 432.20M | 64.80M | 213.00M | 103.40M | 155.20M | 130.30M | 147.00M | 148.00M |
| Operating Income Ratio | 37.51% | 53.16% | 29.66% | 28.82% | 34.57% | 53.06% | 30.32% | 31.85% | 28.16% | 27.90% | 24.96% | 22.15% | 22.46% | 25.76% | -34.29% | 14.59% | 27.60% | 79.47% | 34.48% | 34.71% | 31.38% | 28.54% | 39.42% | 45.21% | 54.68% | 48.07% | 44.41% | 40.43% | 42.04% | 39.85% | 31.46% | 23.72% | 7.92% | 19.17% | 2.98% | 0.00% | 0.00% | 0.00% | 0.00% | 22.69% | 24.96% |
| Total Other Income/Expenses | -2.40B | -2.58B | -1.64B | -1.58B | -1.49B | -1.81B | -1.86B | -1.80B | -1.96B | -3.17B | -2.16B | -998.00M | -159.00M | -57.00M | -711.00M | 23.00M | -290.00M | -86.00M | 433.00M | 58.00M | 1.76B | 1.37B | 2.06B | 2.25B | 2.84B | 1.89B | 1.77B | 1.65B | 1.48B | 1.20B | 886.00M | 559.00M | 177.00M | 432.20M | 64.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 4.09B | 3.33B | 4.65B | 4.47B | 5.59B | 4.61B | 4.61B | 4.73B | 4.24B | 4.34B | 3.71B | 3.30B | 3.62B | 3.69B | -2.21B | 1.94B | 3.23B | 2.17B | 2.37B | 2.20B | 1.76B | 1.37B | 2.06B | 2.25B | 2.84B | 1.89B | 1.77B | 1.65B | 1.48B | 1.20B | 886.00M | 559.00M | 177.00M | 432.20M | 64.80M | 0.00 | 0.00 | 0.00 | 0.00 | 147.00M | 148.00M |
| Income Before Tax Ratio | 23.64% | 20.76% | 29.73% | 28.88% | 34.73% | 30.48% | 30.48% | 31.86% | 28.59% | 28.45% | 25.52% | 22.69% | 22.79% | 27.37% | -30.54% | 14.76% | 29.30% | 46.55% | 34.48% | 34.71% | 31.38% | 28.54% | 39.42% | 45.21% | 54.68% | 48.07% | 44.41% | 40.43% | 42.04% | 39.85% | 31.46% | 23.72% | 7.92% | 19.17% | 2.98% | 0.00% | 0.00% | 0.00% | 0.00% | 22.69% | 24.96% |
| Income Tax Expense | 800.00M | 768.00M | 877.00M | 842.00M | 1.12B | 496.00M | 496.00M | 1.18B | 1.01B | 1.09B | 1.52B | 779.00M | 1.05B | 1.05B | -1.40B | 497.00M | 998.00M | 694.00M | 796.00M | 759.00M | 605.00M | 470.00M | 715.00M | 822.00M | 1.10B | 699.00M | 669.00M | 634.00M | 568.00M | 449.00M | 327.00M | 190.00M | 55.00M | 123.90M | 14.10M | -213.00M | -103.40M | -155.20M | -130.30M | 39.00M | 57.00M |
| Net Income | 3.29B | 2.57B | 3.76B | 3.62B | 4.44B | 4.09B | 4.09B | 3.55B | 3.16B | 3.17B | 2.11B | 2.45B | 2.52B | 2.43B | -1.08B | 1.42B | 2.04B | 3.01B | 1.57B | 1.44B | 1.16B | 902.00M | 1.34B | 1.43B | 1.74B | 1.19B | 1.10B | 1.02B | 914.00M | 749.00M | 559.00M | 369.00M | 122.00M | 308.30M | 50.70M | 213.00M | 103.40M | 155.20M | 130.30M | 108.00M | 91.00M |
| Net Income Ratio | 19.00% | 16.05% | 24.05% | 23.38% | 27.60% | 27.04% | 27.04% | 23.91% | 21.32% | 20.74% | 14.51% | 16.80% | 15.85% | 18.00% | -14.99% | 10.80% | 18.53% | 64.59% | 22.88% | 22.73% | 20.61% | 18.76% | 25.72% | 28.70% | 33.48% | 30.30% | 27.66% | 24.93% | 25.93% | 24.92% | 19.85% | 15.66% | 5.46% | 13.67% | 2.33% | 0.00% | 0.00% | 0.00% | 0.00% | 16.67% | 15.35% |
| EPS | 3.89 | 2.91 | 4.17 | 3.84 | 4.53 | 3.95 | 3.74 | 3.16 | 2.73 | 2.69 | 1.75 | 2.09 | 2.03 | 2.06 | -0.92 | 1.21 | 2.19 | 3.99 | 2.05 | 1.87 | 1.54 | 1.25 | 1.84 | 1.95 | 2.31 | 1.59 | 1.44 | 1.24 | 1.14 | 0.98 | 0.72 | 0.56 | 0.16 | 0.50 | 0.03 | 0.42 | 0.38 | 0.66 | 0.57 | 0.62 | 0.55 |
| EPS Diluted | 3.87 | 2.90 | 4.15 | 3.83 | 4.51 | 3.93 | 3.72 | 3.15 | 2.71 | 2.67 | 1.74 | 2.09 | 2.03 | 2.05 | -0.92 | 1.20 | 2.17 | 3.94 | 2.03 | 1.85 | 1.52 | 1.24 | 1.81 | 1.92 | 2.27 | 1.53 | 1.36 | 1.21 | 1.08 | 0.93 | 0.68 | 0.53 | 0.16 | 0.50 | 0.03 | 0.42 | 0.36 | 0.59 | 0.54 | 0.62 | 0.55 |
| Weighted Avg Shares Out | 784.07M | 811.07M | 851.91M | 890.84M | 939.62M | 1.03B | 1.03B | 1.07B | 1.10B | 1.13B | 1.15B | 1.16B | 1.22B | 1.21B | 1.18B | 1.14B | 923.20M | 713.80M | 766.34M | 772.00M | 752.00M | 725.97M | 731.00M | 733.00M | 751.00M | 751.00M | 760.00M | 817.81M | 790.37M | 751.56M | 738.89M | 601.79M | 486.92M | 616.60M | 543.17M | 506.46M | 272.11M | 236.51M | 226.67M | 174.00M | 166.00M |
| Weighted Avg Shares Out (Dil) | 787.80M | 814.80M | 856.36M | 892.51M | 943.11M | 1.04B | 1.04B | 1.07B | 1.11B | 1.14B | 1.15B | 1.16B | 1.22B | 1.22B | 1.18B | 1.15B | 930.68M | 722.41M | 773.89M | 778.00M | 759.00M | 727.42M | 741.00M | 745.00M | 765.00M | 781.00M | 808.00M | 840.00M | 848.00M | 794.59M | 782.35M | 635.85M | 486.92M | 616.60M | 543.17M | 506.46M | 287.22M | 261.40M | 240.00M | 174.00M | 166.00M |
Rajashree Datta Joins BNY as Deputy Chief Risk Officer
NEW YORK , Dec. 5, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the appointment of Rajashree Datta as Deputy Chief Risk Officer. Ms. Datta will join the...
BNY and Conduent to Deliver End-to-End Pension Risk Transfer Solution to Support Increasing Transactions among Corporate Pensions
NEW YORK & FLORHAM PARK, N.J.--(BUSINESS WIRE)--The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, have today announced a strategic alliance...
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common...
BNY Mellon to Manage Prepaid Debit Card Program for Fiscal Service
BK enters into a five-year agreement with the Fiscal Service to manage the Direct Express prepaid debit card program. This aligns with its revenue growth strategy.
BNY to Manage U.S. Department of the Treasury's Largest Prepaid Debit Card Program for Federal Benefits - Direct Express®
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has been selected by the U.S. Department of the Treasury's Bureau of the Fiscal Service ("Fiscal Service")...
The Bank of New York Mellon Corporation (BK) Is Up 1.60% in One Week: What You Should Know
Does The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out.
Is The Bank of New York Mellon (BK) Outperforming Other Finance Stocks This Year?
Here is how The Bank of New York Mellon Corporation (BK) and CI Financial Corp. (CIXXF) have performed compared to their sector so far this year.
BNY to Report Fourth Quarter 2024 Results on January 15, 2025
NEW YORK , Nov. 15, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, will report financial results for the fourth quarter 2024 on Wednesday, January 15, 2025. Materials will be posted...
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the...
Bridgewater increased bets on banks before election-driven rally, filing shows
Bridgewater Associates added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a rally that followed Donald Trump's victory in the U.S. presidential election.
Source: https://incomestatements.info
Category: Stock Reports