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Dec 31, 2021

BNY Mellon Q4 2021 Earnings Report

Reported fourth quarter earnings with revenue up 4% and EPS up 28%.

Key Takeaways

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.

Total Revenue
$4.02B
Previous year: $3.9B
+2.8%
EPS
$1.04
Previous year: $0.96
+8.3%
Assets Under Custody
$46.7T
Previous year: $41.1T
+13.6%
Assets Under Management
$2.4T
Previous year: $2.2T
+9.1%
Gross Profit
$3.94B
Previous year: $3.77B
+4.6%
Cash and Equivalents
$6.06B
Previous year: $6.25B
-3.1%
Free Cash Flow
$2.76B
Previous year: -$1.13B
-343.6%
Total Assets
$444B
Previous year: $470B
-5.4%

BNY Mellon

BNY Mellon

Forward Guidance

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.

Positive Outlook

  • Expect double-digit EPS growth.
  • Continue delivering consistent organic growth.
  • Expectation for higher rates.
  • Generate positive operating leverage.
  • Continue investing in the growth and efficiency of our businesses