The Bank of New York Mellon Corporation

NYSE:BK Stock Report

Market Cap: US$42.6b

Bank of New York Mellon Past Earnings Performance

Past criteria checks 4/6

Bank of New York Mellon's earnings have been declining at an average annual rate of -8.3%, while the Capital Markets industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 1% per year. Bank of New York Mellon's return on equity is 8%, and it has net margins of 17.6%.

Key information

-8.3%

Earnings growth rate

-3.5%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate1.0%
Return on equity8.0%
Net Margin17.6%
Next Earnings Update16 Apr 2024

Recent past performance updates

Recent updates

Bank of New York Mellon: A Dividend Grower With $2 Trillion AUM, But Getting Expensive

Feb 09

Bank of New York Mellon: Higher Average Interest Rates Will Lead To Gains (Rating Upgrade)

Jan 18

Bank of New York Mellon: Still A Buy At +3% Yield And Earnings Growth (Ratings Downgrade)

Dec 11

BNY Mellon: Cheap But Without Growth Prospects

Oct 30

Bank of New York Mellon: Underperformance, But Nice Dividend

Oct 17

Bank of New York Mellon: 5 Reasons For Its Upgrade To Strong Buy

Aug 07

Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.42

Jul 21
Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.42

Is BNY Mellon A Good Buy Ahead Of Its Q1 Results?

Jul 12

BNY Mellon expands outsourced trading to buy-side firms

Jan 25

BofA reinstates BNY Mellon at Buy on earnings defensibility, limited credit risk

Jan 12

BNY Mellon: Great Time To Buy Before The Market Wakes Up

Dec 29

BNY Mellon to redeem $750M floating rate senior notes due 2023

Oct 18

BNY Mellon enables some U.S. clients to hold, transfer bitcoin, ether

Oct 11

BNY Mellon allows clients to assess how their portfolios align with ESG goals

Sep 29

Bank of New York Mellon declares $0.0185 dividend

Aug 24

Bank of New York Mellon: A Bargain-Priced Asset Manager You'll Want To Own

Jul 23

Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.37

Jul 18
Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.37

Bank of New York Mellon Q2 2022 Earnings Preview

Jul 14

BNY Mellon, Emirates NBD team up to accelerate growth in UAE capital markets

Jul 05

Bank of New York Mellon Stock Has Plunged But Is Not A Buy Yet

May 12

Bank Of New York Mellon: Buying At Buffett Prices

Mar 02

Bank Of New York Mellon: Stable Business Model Combined With Future Growth Potential

Dec 09

Revenue & Expenses Breakdown
Beta

How Bank of New York Mellon makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:BK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2317,3833,05110,8970
30 Sep 2317,0543,40111,0550
30 Jun 2316,9922,76410,9190
31 Mar 2316,7502,56810,7800
31 Dec 2216,3382,36210,4350
30 Sep 2216,4722,67510,3920
30 Jun 2216,2433,23710,2380
31 Mar 2216,0823,39210,0530
31 Dec 2116,1623,5509,8790
30 Sep 2115,9583,4299,7930
30 Jun 2115,7163,4239,6460
31 Mar 2115,5373,3339,5590
31 Dec 2015,4723,4179,4250
30 Sep 2016,4304,1019,4800
30 Jun 2016,4694,2259,4550
31 Mar 2016,5344,2909,4080
31 Dec 1916,4874,2549,4070
30 Sep 1915,7083,6969,4040
30 Jun 1915,9033,7659,3770
31 Mar 1916,1123,8489,4220
31 Dec 1816,4034,0709,3990
30 Sep 1816,1304,3619,3370
30 Jun 1816,0804,2689,2880
31 Mar 1815,9024,1339,1730
31 Dec 1715,5673,8729,0930
30 Sep 1715,6163,5638,7910
30 Jun 1715,5543,5478,7470
31 Mar 1715,3763,4468,7030
31 Dec 1615,2483,3738,7260
30 Sep 1615,0283,1928,7230
30 Jun 1614,8573,0478,7290
31 Mar 1614,9643,0528,7690
31 Dec 1515,0343,0108,8410
30 Sep 1515,1592,5918,8520
30 Jun 1516,0002,8278,9260
31 Mar 1515,8652,5548,9530
31 Dec 1415,7402,4519,0040
30 Sep 1415,6572,7459,0930
30 Jun 1414,8082,6409,0980
31 Mar 1415,0952,9129,2020
31 Dec 1315,0832,0029,1500
30 Sep 1315,1562,1129,0490
30 Jun 1315,0551,8768,9400
31 Mar 1314,6471,5188,7720

Quality Earnings: BK has high quality earnings.

Growing Profit Margin: BK's current net profit margins (17.6%) are higher than last year (14.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BK's earnings have declined by 8.3% per year over the past 5 years.

Accelerating Growth: BK's earnings growth over the past year (29.2%) exceeds its 5-year average (-8.3% per year).

Earnings vs Industry: BK earnings growth over the past year (29.2%) exceeded the Capital Markets industry -5.4%.


Return on Equity

High ROE: BK's Return on Equity (8%) is considered low.


Return on Assets


Return on Capital Employed


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