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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Bank of New York Mellon

Pershing is a subsidiary of The Bank of New York Mellon. Pershing has nearly $1 trillion in assets under administration. The Bank of New York Mellon has more than $25 trillion in assets in custody.

Pershing

The Bank of New York Mellon Corp. is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other. The Securities Services segment includes the Asset Servicing business, which provides global custody, fund accounting, integrated middle-office solutions, transfer agency and data, and analytics solutions. The Market and Wealth Services segment consists of industry leaders pershing and clearance and collateral management, and treasury services business. The Investment and Wealth Management segment is involved in services to institutional and retail investors, as well as investment management, wealth, and estate planning. The Other segment refers to the leasing portfolio, corporate treasury activities, derivatives, and other trading activity. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

BNY Mellon reports Q4 earnings decline, focuses on growth initiatives

BNY Mellon's Q4 performance showed a decline in EPS but strong return on equity.
The company aims to drive efficiency savings in 2023 and grow net interest revenue.
Challenges include declining assets under management and margin concerns in asset servicing.
Opportunities lie in revenue diversification, growth initiatives, and improving expense management.

BNY Mellon reports robust Q1 earnings, eyes real-time payment growth

Bank of New York Mellon (BK) delivered strong financial results in Q1 2023, showcasing resilience and effective cost management.
The company's emphasis on preparedness over prediction and diversification in services positions them well for future challenges.
BNY Mellon's cautious approach to deposits and crypto, coupled with a focus on real-time payments, reflects a strategic and forward-thinking mindset.
Overall, BNY Mellon's performance, strengths, and strategic focus indicate a resilient and adaptable financial institution.

BNY Mellon excels in Q2 earnings, navigates uncertainties strategically

BNY Mellon's Q2 performance reflects strong financial metrics and strategic initiatives to enhance competitiveness. While facing uncertainties, the company is well-positioned to leverage opportunities in distribution, cost management, and client experience for future growth.

Bank of New York Mellon reports strong Q3 earnings and growth strategies

Bank of New York Mellon (BK) delivered strong financial results in Q3 2023, showcasing operational efficiency and strategic focus on client engagement and expense reduction.
While facing challenges in the Investment Management segment, the company remains optimistic about its ability to deliver on financial targets and capitalize on growth opportunities.
By addressing internal and external risks, leveraging technological advancements, and focusing on revenue growth and cost management, Bank of New York Mellon aims to navigate uncertainties and drive sustainable growth.
The company's commitment to enhancing operational efficiency, revenue streams, and client-centric services positions it well to overcome challenges and capitalize on opportunities for future success.

BNY Mellon surpasses 2023 goals, focuses on growth strategies

BNY Mellon had a strong Q4, exceeding financial goals and focusing on future growth strategies.
The company faces challenges with expense management and NII outlook but sees opportunities in efficiency and revenue growth.
Executives emphasized aligning employees, enhancing client service, and driving growth in business segments.
Investments in automation, digitization, and strategic targets set for future success.

BNY Mellon reports solid Q1 earnings, invests in AI for growth

BNY Mellon's Q1 2024 performance reflects resilience with revenue and EPS growth, despite challenges in net interest income and deposit trends. The company's strategic focus on technology investments, client-centric approach, and operational efficiency drive opportunities for future growth and profitability.

Bank of New York Mellon (BK) reports robust Q3 results

Bank of New York Mellon (BK) shows strong financial performance and strategic focus
Balancing investments in AI with managing expenses effectively is key
Transition to a platforms company and AI investments offer growth potential

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Leading independent broker-dealer & RIA with over $6B in assets under management expands and enhances its wealth management platform CHICAGO , July 12, 2024 /PRNewswire/ -- Arete Wealth, a full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA), has announced the expansion of its clearing and multi-custodial wealth management platform via long-term clearing, custody, and technology agreements with BNY Pershing, a leading provider of global financial business solutions. As part of the agreement, advisors from Arete Wealth will now have access to BNY Pershing X's Wove wealth management platform, designed to help registered investment advisors, broker-dealers, and wealth management firms connect an investor's full financial picture in one place through offerings such as Wove Investor, Wove Data, and Wove Advisory's Portfolio Solutions.

Arete Wealth announces expansion of clearing and custody services with BNY Pershing

The headline numbers for The Bank of New York Mellon (BK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

The Bank of New York Mellon (BK) Reports Q2 Earnings: What Key Metrics Have to Say

BNY Mellon reported strong Q2 results that surpassed analyst estimates and increased its dividend by 12%, driven by solid fee growth and increases in total deposits and assets under management. The bank posted an adjusted earnings per share (EPS) of $1.51, beating the estimated $1.43.

BNY Mellon posts strong Q2 results, increases dividend by 12%

BNY Mellon (BK) records a decline in expenses and higher revenues in the second quarter of 2024.

BNY Mellon (BK) Gains on Q2 Earnings Beat, Revenue Growth

The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.38 per share a year ago.

The Bank of New York Mellon Corporation (BK) Surpasses Q2 Earnings and Revenue Estimates

NEW YORK , July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, has reported financial results for the second quarter 2024. The company's earnings release along with the quarterly financial highlights and other earnings-related documents are available at www.bny.com/investorrelations.

BNY Reports Second Quarter 2024 Results

Despite high rates and decent loan growth, BNY Mellon's (BK) interest income is expected to have declined in the second quarter of 2024 due to higher deposit costs.

Higher Fee Income to Aid BNY Mellon (BK) Q2 Earnings, NII to Hurt

The Bank of New York Mellon Corporation BK will release its second quarter financial results, before the opening bell on Friday, July 12.

Top Wall Street Forecasters Revamp Bank of New York Mellon Expectations Ahead Of Q2 Earnings

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for The Bank of New York Mellon (BK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Curious about The Bank of New York Mellon (BK) Q2 Performance? Explore Wall Street Estimates for Key Metrics

BNY Mellon (NYSE: BK) stock gained 16% YTD, as compared to the 17% rise in the S&P500 index. In sharp contrast, BNY Mellon's peer BlackRock (NYSE: BLK) has delivered near zero return YTD.

BNY Mellon Stock Is Up 16% YTD, What To Expect From Q2 Results?

Home Depot

Lowe's

NVIDIA

Raymond James

Skyworks Solutions

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.

UBS recommends these options trades to sponge off rival earnings reports

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.

Will The Bank of New York Mellon (BK) Beat Estimates Again in Its Next Earnings Report?

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.

BNY Mellon Stock Is Up 16% YTD; Is There Room For More Growth?

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 will be a member of the firm's Executive Committee.

Jose Minaya Joins BNY as Global Head of BNY Investments and Wealth

Bank of America

Citigroup

JPMorgan Chase & Co

Wells Fargo

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 (BK) - outperform the S&P 500 index.

5 S&P 500 Banks That Outperformed the Index in the First Half

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.

BNY Mellon (BK) Intends to Hike Quarterly Dividend by 11.9%

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Charles Schwab

SPDR S&P 500 ETF Trust

State Street

Truist Financial

U.S. Bancorp

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.

This is how much the largest 20 U.S. banks raised dividends after stress tests

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 $0.42 to $0.47 per share, commencing as early as the third quarter of 2024, subject to approval by the company's Board of Directors. On June 26, 2024, the Federal Reserve released the results of its 2024 bank stress test, which demonstrate the resilience and strength of BNY's business model and capital position.

BNY Announces Intention to Increase Quarterly Common Stock Dividend by 12 Percent to $0.47 per Share

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.”

This bank stock's unique combination makes it a bargain

Global expansion efforts and a solid balance sheet are expected to support BNY Mellon's (BK) top line. However, elevated expenses are worrisome.

High Rates to Support BNY Mellon's (BK) Top Line Amid Cost Woes

NEW YORK , June 18, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced the appointment of Leigh-Ann Russell as Chief Information Officer and Global Head of Engineering.  Ms. Russell will join the company on September 15, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee.

Leigh-Ann Russell to Join BNY as Chief Information Officer

JPMorgan (JPM) and BNY Mellon (BK) are mulling to enter India's rapidly-growing asset management industry.

JPMorgan, BNY Mellon Mull Entering India Asset Management Market

Say goodbye to Bank of New York Mellon and hello to BNY. The bank — America's oldest — is updating its logo and taking BNY as its new name, it announced in a Tuesday (June 11) press release.

Bank of New York Mellon Rebrands as BNY

DHL Group

Northern Trust

That's for at least two reasons. The first is higher interest rates: Many commercial mortgages are five-year balloons, which means that many loans extended at low rates in 2019 are repricing this year at much higher rates.

The bank stocks that conservative investors should consider

This New York bank stock climbed to a 52-week high and gained 52% from its low. A health care stock is in also in buy zone at a high.

News for Bank of New York Mellon Stock (BK)