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Sep 30, 2022

BNY Mellon Q3 2022 Earnings Report

Reported earnings with revenue up and eps down.

Key Takeaways

BNY Mellon reported mixed results for Q3 2022. While revenue increased by 6%, net income and EPS decreased significantly. The results were impacted by a goodwill impairment charge.

Net income applicable to common shareholders was $319 million, or $0.39 per common share.

Total revenue increased by 6% to $4.3 billion.

AUC/A decreased by 7% to $42.2 trillion.

AUM decreased by 23% to $1.8 trillion.

Total Revenue
$4.24B
Previous year: $4.04B
+5.1%
EPS
$1.21
Previous year: $1.04
+16.3%
Assets Under Custody
$42.2T
Previous year: $45.3T
-6.8%
Assets Under Management
$1.8T
Previous year: $2.3T
-21.7%
Cash and Equivalents
$4.71B
Previous year: $6.75B
-30.3%
Free Cash Flow
$3.61B
Previous year: -$322M
-1220.2%
Total Assets
$428B
Previous year: $471B
-9.0%

BNY Mellon

BNY Mellon