Bank of New York Mellon Corp

10-K & 10-Q Filings

The Bank of New York Mellon Corporation, a Delaware corporation with a New York Stock Exchange ticker symbol BK, is a global financial services company headquartered in New York City. The company was founded in 1784 and has approximately 53,400 employees worldwide. BNY Mellon provides a range of financial services, including custody, asset servicing, collateral management, investment management, and wealth management. The company operates through three main business segments: Securities Services, Market and Wealth Services, and Investment and Wealth Management. BNY Mellon's common stock is listed on the New York Stock Exchange and had approximately 21,154 holders of record as of January 31, 2024. The company's website is www.bnymellon.com.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$9819.00
9627.00
3044.00
2928.00
2866.00
15237.00
19635.00
12842.00
13236.00
12714.00
12977.00
12955.00
12872.00
3156.00
3305.00
2.28%4.72%Net Interest Income (+)
$2984.00
2973.00
3009.00
2880.00
3026.00
3138.00
3308.00
3611.00
3188.00
2977.00
2618.00
3504.00
4345.00
1128.00
1040.00
3.18%-7.80%Interest Expense (-)
$1074.00
938.00
708.00
694.00
329.00
446.00
1078.00
2822.00
4361.00
1133.00
227.00
3614.00
16303.00
2814.00
5056.00
25.44%79.67%Non Interest Income (+)
$11696.00
11506.00
35.00
48.00
-160.00
12073.00
12165.00
9231.00
10048.00
9737.00
10359.00
9451.00
8527.00
2028.00
2265.00
-2.60%11.69%Depreciation & Amortization (-)
$428.00
384.00
342.00
298.00
261.00
237.00
209.00
180.00
117.00
104.00
82.00
67.00
57.00
14.00
12.00
-15.47%-14.29%Non-recurring Operating Expenses (-)
$
680.00
Operating Expenses (-)
$11112.00
11333.00
11306.00
12177.00
10799.00
10523.00
10957.00
11211.00
10900.00
11004.00
11514.00
13010.00
13295.00
3100.00
3176.00
1.51%2.45%Operating Income/Loss (+)
$-1293.00
-1706.00
-8262.00
-9249.00
-7933.00
4714.00
8678.00
1631.00
2336.00
1710.00
1463.00
-55.00
-423.00
56.00
129.00
130.36%Provision for Loan Loss (-)
$1.00
-11.00
-24.00
-11.00
-25.00
336.00
-231.00
39.00
119.00
27.00
27.00
48.92%0.00%Non-operating Income/Expense (+)
$200.00
189.00
183.00
163.00
86.00
26.00
70.00
-13.00
56.00
84.00
Earnings before Tax (+)
$3617.00
3302.00
3712.00
3563.00
4235.00
4725.00
4610.00
5192.00
5587.00
4468.00
4648.00
3328.00
4088.00
1236.00
1324.00
1.03%7.12%Tax Expense (-)
$1048.00
779.00
1520.00
912.00
1013.00
1177.00
496.00
938.00
1120.00
842.00
877.00
768.00
800.00
260.00
297.00
-2.23%14.23%Income/Loss (Continuing Operations) (+)
$2569.00
2523.00
2192.00
2651.00
3222.00
3548.00
4114.00
4254.00
4467.00
3626.00
3771.00
2560.00
3288.00
976.00
1027.00
2.08%5.23%Profit/Loss (+)
$2569.00
2523.00
3222.00
3548.00
4114.00
4254.00
4467.00
3626.00
3771.00
2560.00
3288.00
976.00
1027.00
2.08%5.23%Net Income/Loss (NCI) (-)
$53.00
78.00
81.00
84.00
64.00
1.00
24.00
-12.00
26.00
9.00
12.00
-13.00
2.00
2.00
-23.90%Net Income/Loss (+)
$2516.00
2445.00
2111.00
2567.00
3158.00
3547.00
4090.00
4266.00
4441.00
3617.00
3759.00
2573.00
3286.00
976.00
1025.00
2.25%5.02%Preferred & Other Distributions (-)
$
18.00
64.00
73.00
105.00
122.00
175.00
169.00
169.00
194.00
207.00
211.00
235.00
71.00
72.00
1.41%Net Income/Loss (Common) (+)
$2516.00
2427.00
2047.00
2494.00
3053.00
3425.00
3915.00
4097.00
4272.00
3423.00
3552.00
2362.00
3051.00
905.00
953.00
1.62%5.30%EPS (Basic)
$2.03
2.04
1.75
2.17
2.73
3.16
3.74
4.06
4.53
3.84
4.17
2.91
3.89
1.13
1.26
5.57%11.50%EPS (Diluted)
$2.03
2.03
1.74
2.15
2.71
3.15
3.72
4.04
4.51
3.83
4.14
2.90
3.87
1.12
1.25
5.52%11.61%Weighted Avg Shares (Basic)
1220.80
1176.48
1150.69
1129.90
1104.72
1066.29
1034.28
1002.92
939.62
890.84
851.90
811.07
784.07
803.34
756.94
-3.62%-5.78%Weighted Avg Shares (Diluted)
1223.03
1178.43
1154.44
1137.48
1112.51
1072.01
1040.29
1007.14
943.11
892.51
856.36
814.79
787.80
807.72
762.27
-3.60%-5.63%Cash
$135249.00
145340.00
155280.00
143449.00
159259.00
103750.00
137006.00
134795.00
49823.00
54459.00
52298.00
46497.00
45961.00
47572.00
45602.00
-8.60%-4.14%Securities & Long-term Investments
$78073.00
138982.00
130756.00
157271.00
139413.00
138111.00
140924.00
176209.00
88550.00
155962.00
158509.00
142640.00
126092.00
138508.00
138587.00
4.08%0.06%Property, Plant & Equipment (Net)
$1681.00
1659.00
1655.00
1394.00
1379.00
1303.00
1634.00
1832.00
3625.00
3602.00
3431.00
3256.00
3163.00
3248.00
3136.00
5.41%-3.45%Goodwill & Intangibles
$23056.00
22884.00
22525.00
21996.00
21460.00
20914.00
20975.00
20570.00
20493.00
20508.00
20503.00
19051.00
19115.00
19082.00
19067.00
-1.55%-0.08%Other Assets
$87207.00
50125.00
64094.00
61193.00
72269.00
69391.00
71219.00
29467.00
219017.00
235102.00
209697.00
194339.00
215622.00
216702.00
228336.00
7.84%5.37%Assets (Total)
$325266.00
358990.00
374310.00
385303.00
393780.00
333469.00
371758.00
362873.00
381508.00
469633.00
444438.00
405783.00
409953.00
425112.00
434728.00
1.95%2.26%Deposits
$219094.00
246095.00
261129.00
265869.00
279610.00
221490.00
244322.00
238778.00
259466.00
341545.00
319694.00
278970.00
283669.00
281294.00
309020.00
2.18%9.86%Accounts Payable
$18906.00
23411.00
22692.00
28084.00
27886.00
26854.00
26409.00
25400.00
24400.00
30781.00
30917.00
28845.00
23962.00
27330.00
23787.00
1.99%-12.96%Debt (Current)
$20.00
676.00
96.00
3075.00
1939.00
3959.00
Securities (Liabilities)
$27009.00
31698.00
32300.00
40084.00
41403.00
35365.00
39331.00
37453.00
35000.00
42421.00
42185.00
41155.00
39128.00
54843.00
37604.00
3.14%-31.43%Debt (Non-current)
$22127.00
20586.00
20623.00
21050.00
22070.00
25217.00
34082.00
34329.00
32059.00
26334.00
26680.00
30855.00
31736.00
33027.00
32702.00
3.05%-0.98%Other Liabilities
$3909.00
Liabilities (Total)
$291065.00
321548.00
335776.00
346600.00
354805.00
293889.00
330012.00
322005.00
339780.00
423513.00
401047.00
364933.00
368944.00
384310.00
393966.00
2.00%2.51%Treasury Stock
$965.00
2114.00
3140.00
4809.00
7164.00
9562.00
12248.00
15517.00
18844.00
19833.00
24400.00
24524.00
27151.00
25790.00
28145.00
32.06%9.13%Retained Earnings
$12812.00
14622.00
15976.00
17683.00
19974.00
22621.00
25635.00
28652.00
31894.00
34241.00
36667.00
37864.00
39653.00
38465.00
40178.00
9.87%4.45%AOCI
$-1627.00
-643.00
-892.00
-1634.00
-2600.00
-3765.00
-2357.00
-3171.00
-2638.00
-985.00
-2213.00
-5966.00
-4893.00
-5543.00
-4876.00
12.03%Shareholder's Equity
$33417.00
36431.00
38304.00
37441.00
38037.00
39429.00
41567.00
40739.00
41585.00
45944.00
43230.00
40741.00
40924.00
40706.00
40680.00
1.70%-0.06%Liabilities & Equity
$325266.00
358990.00
374310.00
385303.00
393780.00
333469.00
371758.00
362873.00
381508.00
469633.00
444438.00
405783.00
409953.00
425112.00
434728.00
1.95%2.26%Net Income/Loss
$2569.00
2523.00
2192.00
2651.00
3158.00
3547.00
4090.00
4266.00
4441.00
3617.00
3759.00
2573.00
3286.00
976.00
1025.00
2.07%5.02%Depreciation & Amortization
$776.00
1246.00
1389.00
1292.00
1457.00
1502.00
1474.00
1339.00
1315.00
1630.00
1867.00
1636.00
1748.00
351.00
468.00
7.00%33.33%Increase/Decrease in Working Capital
$-1751.00
-1801.00
4813.00
-7169.00
-178.00
-606.00
1728.00
-501.00
6520.00
-5683.00
2675.00
-9549.00
-1120.00
-436.00
4212.00
1066.06%Share-based Compensation
$-71.00
-441.00
-68.00
-72.00
-70.00
-108.00
Adjustments to Reconcile Net Income
$-358.00
-894.00
-2834.00
1833.00
969.00
2699.00
551.00
1730.00
-4345.00
1421.00
-921.00
12495.00
2626.00
816.00
-3705.00
-554.04%Net Cash (Operating)
$2211.00
1629.00
-642.00
4484.00
4127.00
6246.00
4641.00
5996.00
96.00
5038.00
2838.00
15068.00
5912.00
1792.00
-2680.00
8.54%-249.55%Capital Expenditure
$693.00
675.00
544.00
170.00
593.00
797.00
1197.00
1001.00
361.00
1222.00
1343.00
855.00
1220.00
261.00
299.00
4.83%14.56%Net Cash (Investing)
$-80178.00
-29387.00
-13200.00
-11675.00
-19787.00
51203.00
-31050.00
3299.00
-10548.00
-78455.00
19672.00
19874.00
-5810.00
-17752.00
-26741.00
-50.64%Increase/Decrease in Debt
$77499.00
25516.00
17124.00
4417.00
16356.00
-56250.00
30862.00
-3273.00
14953.00
70726.00
-16545.00
-30634.00
6105.00
16880.00
28819.00
-19.08%70.73%Increase/Decrease in Equity
$-830.00
-15.00
-244.00
-1273.00
-1013.00
-943.00
-2221.00
-3149.00
-3241.00
53.00
-4217.00
-101.00
-3088.00
-1253.00
-984.00
21.47%Interest Expenses
$586.00
561.00
347.00
344.00
295.00
406.00
1033.00
2711.00
4400.00
1236.00
233.00
3307.00
16021.00
2671.00
4955.00
31.74%85.51%Dividends Paid
$593.00
641.00
744.00
833.00
865.00
900.00
1076.00
1221.00
1289.00
1296.00
1323.00
1376.00
1487.00
375.00
396.00
7.96%5.60%Net Cash (Financing)
$78765.00
28288.00
15621.00
7829.00
15185.00
-59050.00
26780.00
-8098.00
9459.00
75508.00
-21962.00
-33654.00
-3519.00
14413.00
28433.00
97.27%Cash Taxes Paid
$504.00
658.00
371.00
1219.00
114.00
703.00
478.00
808.00
320.00
1281.00
431.00
438.00
865.00
158.00
120.00
4.60%-24.05%Effect of Exchange Rate
$-298.00
22.00
-46.00
-128.00
42.00
-114.00
189.00
-72.00
2.00
61.00
-84.00
358.00
230.00
4500.00
1765.00
-60.78%Increase/Decrease in Cash
$500.00
552.00
1733.00
510.00
-433.00
-1715.00
560.00
1125.00
-991.00
2152.00
464.00
1646.00
-3187.00
-1506.00
-1130.00
24.97%Cash (Beginning)
$3675.00
4175.00
4727.00
6460.00
6970.00
6537.00
4822.00
7133.00
8258.00
7267.00
9419.00
9883.00
11529.00
11529.00
8342.00
10.00%-27.64%Cash (Ending)
$4175.00
4727.00
6460.00
6970.00
6537.00
4822.00
5382.00
8258.00
7267.00
9419.00
9883.00
11529.00
8342.00
10023.00
7212.00
5.94%-28.05%NOPAT
$-1112.83
-1366.04
-7436.25
-6084.66
-7719.46
4012.64
7778.20
1377.18
2202.20
1219.73
1327.34
-47.76
-333.50
48.84
117.31
140.18%Operating Margin %
-13.17%
-17.72%
-271.42%
-315.88%
-276.80%
30.94%
44.20%
12.70%
17.65%
13.45%
11.27%
-0.42%
-3.29%
1.77%
3.90%
NOPAT Margin %
-11.33%
-14.19%
-244.29%
-207.81%
-269.35%
26.33%
39.61%
10.72%
16.64%
9.59%
10.23%
-0.37%
-2.59%
1.55%
3.55%
Net Margin %
25.62%
25.40%
69.35%
87.67%
110.19%
23.28%
20.83%
33.22%
33.55%
28.45%
28.97%
19.86%
25.53%
30.93%
31.01%
Tax Rate %
13.93%
19.93%
9.99%
34.21%
2.69%
14.88%
10.37%
15.56%
5.73%
28.67%
9.27%
13.16%
21.16%
12.78%
9.06%
ROA
-0.34%
-0.38%
-1.99%
-1.58%
-1.96%
1.20%
2.09%
0.38%
0.58%
0.26%
0.30%
-0.01%
-0.08%
0.01%
0.03%
ROE
-3.33%
-3.75%
-19.41%
-16.25%
-20.29%
10.18%
18.71%
3.38%
5.30%
2.65%
3.07%
-0.12%
-0.81%
0.12%
0.29%
Equity Multiplier
9.73
9.85
9.77
10.29
10.35
8.46
8.94
8.91
9.17
10.22
10.28
9.96
10.02
10.44
10.69
Debt/Equity Ratio
7.22
7.34
7.36
7.66
7.93
6.26
6.77
6.75
7.11
8.01
8.01
7.60
7.71
7.72
8.40
Dividend Payout Ratio %
53.29%
46.92%
10.01%
13.69%
11.21%
22.43%
13.83%
88.66%
58.53%
106.25%
99.67%
2880.99%
445.88%
767.79%
337.57%
Total Payout
$1423.00
656.00
988.00
2106.00
1878.00
1843.00
3297.00
4370.00
4530.00
1243.00
5540.00
1477.00
4575.00
1628.00
1380.00
10.22%-15.23%Payout Ratio %
127.87%
48.02%
13.29%
34.61%
24.33%
45.93%
42.39%
317.32%
205.70%
101.91%
417.38%
3092.45%
1371.83%
3333.24%
1176.39%