See more : Amundi S.A. (AMUN.PA) Income Statement Analysis – Financial Results
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.
You may be interested
- H.I.G. Acquisition Corp. (HIGA) Income Statement Analysis – Financial Results
- Panram International Corp. (8088.TWO) Income Statement Analysis – Financial Results
- Guangshen Railway Company Limited (601333.SS) Income Statement Analysis – Financial Results
- Novarese, Inc. (9160.T) Income Statement Analysis – Financial Results
- TKB Critical Technologies 1 (USCTU) Income Statement Analysis – Financial Results
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 |
UBS recommends these options trades to sponge off rival earnings reports
One of the features of this stock-market run, which on Wednesday carried the S&P 500 SPX to its 37th record high of the year, is just how much complacency there is, as measured by low readings of implied volatility VIX.
Will The Bank of New York Mellon (BK) Beat Estimates Again in Its Next Earnings Report?
The Bank of New York Mellon (BK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Dates of Quarterly Tender Offer
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced that the Fund's Board of Directors has approved the Fund's quarterly tender offer (the "Tender Offer") with the following terms: Number of Shares 2.5% of the...
BNY Mellon Stock Is Up 16% YTD; Is There Room For More Growth?
BNY Mellon stock (NYSE: BK) has gained 16% YTD which is at par with the S&P500 index over the same period. In comparison, BNY Mellon's peer BlackRock (NYSE: BLK) is up 5% YTD.
Jose Minaya Joins BNY as Global Head of BNY Investments and Wealth
NEW YORK , July 2, 2024 /PRNewswire/ -- BNY has appointed Jose Minaya as Global Head of BNY Investments and Wealth. Mr. Minaya will join the company on September 3, reporting to President and Chief Executive Officer, Robin Vince, and...
5 S&P 500 Banks That Outperformed the Index in the First Half
Investors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations, decent lending and modest economic growth. So, banks - Citigroup (C), Wells Fargo (WFC), JPMorgan (JPM), Bank of America (BAC) and BNY Mellon...
BNY Mellon (BK) Intends to Hike Quarterly Dividend by 11.9%
BNY Mellon (BK) plans to increase quarterly cash dividend by 11.9% to 47 cents per share following the 2024 stress test results, which reflect a robust and resilient balance sheet and capital position.
This is how much the largest 20 U.S. banks raised dividends after stress tests
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients early Monday.
BNY Announces Intention to Increase Quarterly Common Stock Dividend by 12 Percent to $0.47 per Share
NEW YORK , June 28, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced its intention to increase its quarterly cash dividend on its common shares by 12% from...
This bank stock's unique combination makes it a bargain
On Wednesday, Keefe, Bruyette & Woods analyst David Konrad upgraded Bank of New York Mellon Corp.'s stock to an “Outperform” rating, citing its “scale, diversification and expectations for widening profitability gap to peers led by strong expense control.”
Source: https://incomestatements.info
Category: Stock Reports