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 Floating Rate Senior Notes Due 2024
NEW YORK , Sept. 18, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and outstanding Floating Rate Senior Notes due...
BNY Mellon to Roll Out Alts Bridge, Enhance Alternative Offerings
BK introduces the Alts Bridge platform to offer a comprehensive suite of alternative investment solutions to address rising demand among investors.
BNY to Launch Alts Bridge Platform Broadening Investor Access to Alternative Products
Through Alts Bridge, BNY will deliver to wealth intermediaries, advisors, and investors a complete and integrated set of solutions across the alternative investment lifecycle NEW YORK , Sept. 16, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY")...
Is The Bank of New York Mellon (BK) Stock Outpacing Its Finance Peers This Year?
Here is how The Bank of New York Mellon Corporation (BK) and Brixmor Property (BRX) have performed compared to their sector so far this year.
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
BNY Mellon Signs an Agreement to Take Over Archer Holdco
BK's acquisition of Archer, a service provider of managed account solutions, should help it enhance its enterprise platform to support retail managed accounts.
The Bank of New York Mellon Corporation (BK) Is Up 2.74% 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.
BNY to Acquire Archer, a Leading Provider of Managed Account Solutions to the Asset and Wealth Management Industry
The acquisition will enhance BNY's capabilities across the entire managed account ecosystem, including manufacturing, distribution and servicing Archer's fully integrated, cloud-based platform provides asset and wealth managers with a multi-product and multi-channel solution NEW YORK , Sept. 5, 2024 /PRNewswire/...
4 Stocks Trading Near 52-Week High That Can Climb Further
Investors target stocks that have been on a bullish run lately. Stocks like WWW, NCLH, CCS and BK are seeing price strength, and the momentum is likely to continue.
The Bank of New York Mellon (BK) Upgraded to Strong Buy: What Does It Mean for the Stock?
The Bank of New York Mellon (BK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Source: https://incomestatements.info
Category: Stock Reports