BNY Mellon reported a solid fourth quarter in 2021, with total revenue of $4.0 billion, a 4% increase, and earnings per share of $1.01, a 28% increase. The company's AUC/A increased by 14% to $46.7 trillion and AUM increased by 10% to $2.4 trillion.
Total revenue increased by 4%, driven by higher fee revenue.
Diluted earnings per share increased by 28% year-over-year.
AUC/A increased by 14% to $46.7 trillion.
AUM increased by 10% to $2.4 trillion.
The company expects double-digit EPS growth as they are determined to continue delivering consistent organic growth which, together with the current expectation for higher rates, should allow them to generate positive operating leverage, while at the same time continue investing in the growth and efficiency of their businesses.