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Mar 31, 2020
BNY Mellon Q1 2020 Earnings Report
BNY Mellon reported first quarter earnings with revenue up 5% and EPS up 12%.
Key Takeaways
BNY Mellon's first quarter 2020 earnings revealed a net income of $944 million, or $1.05 per common share, with total revenue reaching $4.1 billion, a 5% increase compared to the previous year, driven by a 10% increase in fee revenue.
Total revenue increased by 5%, reaching $4.1 billion.
Fee revenue saw a 10% increase, driven by higher foreign exchange and transaction volumes.
Net income applicable to common shareholders was $944 million, a 4% increase.
Diluted earnings per common share increased by 12% to $1.05.
BNY Mellon
BNY Mellon
BNY Mellon Revenue by Segment
Revenue by Segment
Asset Servicing Revenue
CapyFin.comIssuer Services Revenue
CapyFin.comPershing Revenue
CapyFin.comTreasury Services Revenue
CapyFin.comClearance & Collateral Revenue
CapyFin.comAsset Management Revenue
CapyFin.comWealth Management Revenue
CapyFin.com Forward Guidance
BNY Mellon faces continued market and economic uncertainty, but the business model is financially resilient and the company plans to maintain its conservative risk profile, strong capital, and high-quality, liquid balance sheet.