See more : CF Acquisition Corp. V (CFV) 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.
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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 |
BNY Announces Redemption of 5.224% Fixed Rate / Floating Rate Callable Senior Bank Notes Due 2025
NEW YORK , Nov. 13, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that The Bank of New York Mellon, its wholly-owned subsidiary, will redeem all of its...
Should You Invest in BK Stock as it Trades Near 52-Week High?
Lower rates and Donald Trump's re-election as President will support BNY Mellon's financials well into 2025, making BK stock worth buying.
BNY to Speak at the Goldman Sachs Financial Services Conference
NEW YORK , Nov. 7, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that Robin Vince, Chief Executive Officer, will speak at the Goldman Sachs Financial Services Conference...
BNY Mellon Acquires Archer Holdco, Enhances Managed Account Offerings
BK acquires Archer Holdco to offer its clients an enhanced managed account service, aiding retail and institutional asset managers.
BNY Closes Acquisition of Archer
NEW YORK , Nov. 1, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the successful closing of its acquisition of Archer Holdco, LLC ("Archer"), a leading technology-enabled service...
Fed is focused on labor market now, says BNY Mellon's Jake Jolly
Charlie Bobrinskoy, Ariel Investments vice chairman, and Jake Jolly, BNY Mellon head of investment analysis, joins 'Closing Bell Overtime' to talk the day's market action.
Are You Looking for a Top Momentum Pick? Why The Bank of New York Mellon Corporation (BK) is a Great Choice
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.
Bank of New York Mellon Analysts Increase Their Forecasts After Upbeat Earnings
The Bank Of New York Mellon Corporation BK posted better-than-expected third-quarter results on Friday.
BofA's Ebrahim Poonawala talks what to expect from bank earnings
Ebrahim Poonawala, Bank of America Securities senior analyst, joins 'Closing Bell Overtime' to talk bank earnings and what to expect form next week's slate of earnings.
The Bank of New York Mellon Corporation (BK) Q3 2024 Earnings Call Transcript
The Bank of New York Mellon Corporation (NYSE:BK ) Q3 2024 Earnings Conference Call October 11, 2024 11:00 AM ET Company Participants Marius Merz - Head, Investor Relations Robin Vince - President & Chief Executive Officer Dermot McDonogh - Chief...
Source: https://incomestatements.info
Category: Stock Reports