Loading...
•
Mar 31, 2024
BNY Mellon Q1 2024 Earnings Report
Delivered double-digit EPS growth and pre-tax margin expansion.
Key Takeaways
BNY Mellon reported a solid financial performance for Q1 2024, with total revenue up 3% year-over-year to $4.5 billion and diluted EPS of $1.25, an 11% increase. The company saw growth in investment services fees, which offset headwinds from foreign exchange markets and lower net interest income.
Total revenue increased by 3% to $4.5 billion.
Diluted EPS increased by 11% to $1.25.
Assets under custody and/or administration (AUC/A) reached $48.8 trillion, a 5% increase.
Assets under management (AUM) totaled $2.0 trillion, a 6% increase.
Revenue by Segment
Forward Guidance
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our strategic priorities, financial performance and financial targets. Preliminary business metrics and regulatory capital ratios are subject to change.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...