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Sep 30, 2024
BNY Mellon Q3 2024 Earnings Report
Reported strong third quarter results with growth across three business segments and consistent execution against strategic priorities. Assets under custody and/or administration exceeded $50 trillion for the first time.
Key Takeaways
BNY Mellon reported strong third quarter results with EPS of $1.50, up 22% year-over-year. Total revenue increased by 5% to $4.6 billion, and assets under custody and/or administration exceeded $50 trillion for the first time.
Total revenue of $4.6 billion, increased 5%.
Noninterest expense of $3.1 billion, was flat.
Diluted EPS of $1.50, increased 22%.
Pre-tax operating margin of 33%.
BNY Mellon
BNY Mellon
Forward Guidance
The earnings call included forward-looking statements about strategic priorities, acquisition and related integration activity, financial performance and financial targets.