The Bank of New York Mellon Corp. (BK) remains well-poised for revenue growth on the back of a strong balance sheet, higher rates and expansion initiatives. However, an elevated expense base and concentrated revenues from fee income are concerns.High interest rates continue to support BNY Mellon’s net interest revenues (NIR) and net interest margin (NIM), though a rise in funding costs exerts pressure on both.The company’s NIR witnessed a compound annual growth rate (CAGR) of 3.8% over the five years ended ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-35651 THE BANK OF NEW YORK MELLON CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-2614959 (State or other jurisdiction of incorporation or org ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has The Bank of New York Mellon Corporation (BK) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.The Bank of New York Mellon Corporation is one of 859 companies in the Finance group. The Finance group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yie ...

The Bank of New York Mellon Corp. (BK) has entered into an agreement with Computershare to divest BNY Trust Company of Canada. The deal, expected to be completed in the second quarter of 2024, is still subject to customary and regulatory approvals. Notably, the financial terms of the transaction were not revealed.The divestiture is in alignment with BNY Mellon’s strategic focus to gain a foothold in foreign markets outside Canada, while for Computershare, the deal fits within its core strategy to enhance th ...

The Bank of New York Mellon Corporation’s (BK) first-quarter 2024 adjusted earnings of $1.29 per share handily outpaced the Zacks Consensus Estimate of $1.19. Also, the figure reflected a rise of 14% from the prior-year quarter.Further, BK’s total revenues grew 3% year over year to $4.53 billion. The top line also beat the Zacks Consensus Estimate of $4.38 billion.The primary driver for the increase in top line was an improvement in fee income and assets under custody and/or administration (AUC/A) and asset ...

The Bank of New York Mellon Corporation (NYSE:BK) Q1 2024 Earnings Conference Call April 16, 2024 11:00 AM ET Company Participants Marius Merz - Head of Investor Relations Robin Vince - President and Chief Executive Officer Dermot McDonogh - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Steven Chubak - Wolfe Research Betsy Graseck - Morgan Stanley Ebrahim Poonawala - Bank of America Securities Brennan Hawken - UBS Mike Mayo - Wells Fargo Securities Glenn Schorr - Evercor ...

公司业绩 - 纽约梅隆银行报告的收入和利润超过预期，主要是由于投资服务费用增加[1],[2],[3] - 公司总费用和其他收入在第一季度比去年同期增长了6%[1] - 公司第一季度每股收益为1.29美元，收入比去年同期增长了3%，达到45.3亿美元，总费用和其他收入增长了6%，达到34.5亿美元，均超过分析师预期[3] 股票回购计划 - 纽约梅隆宣布了额外的60亿美元股票回购计划[1],[5] - 公司在该期间通过股票回购向股东返还了9.88亿美元，董事会授权额外的60亿美元股票回购[5] 资产管理增长 - 管理资产/管理资产(AUC/A)增长了5%，管理资产(AUM)增长了6%，主要原因是市场价值上升[4] 股价波动 - 纽约梅隆的股价在早盘上涨，但随后在交易日后段回落，截至美东时间12:45下跌了1.9%，报54.09美元，自2024年初以来上涨了近3%[6]

For the quarter ended March 2024, The Bank of New York Mellon Corporation (BK) reported revenue of $4.53 billion, up 3.8% over the same period last year. EPS came in at $1.29, compared to $1.13 in the year-ago quarter.The reported revenue represents a surprise of +2.91% over the Zacks Consensus Estimate of $4.4 billion. With the consensus EPS estimate being $1.19, the EPS surprise was +8.40%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...

The Bank of New York Mellon Corporation’s (BK) first-quarter 2024 adjusted earnings of $1.29 per share surpassed the Zacks Consensus Estimate of $1.19. Also, the bottom line reflects a rise of 14% from the prior-year quarter.Shares of BK have gained more than 1% pre-market trading on better-than-expected results.Results have been primarily aided by a rise in fee revenues, particularly investment services fees. The assets under custody and/or administration (AUC/A) and assets under management (AUM) balance g ...