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Dec 31, 2024

BNY Mellon Q4 2024 Earnings Report

BNY Mellon reported a strong performance with record net income and revenue, driven by significant positive operating leverage and strategic investments.

Key Takeaways

BNY Mellon reported strong Q4 2024 results, with total revenue of $4.8 billion and diluted EPS of $1.54. The company's performance was driven by increases in fee revenue and net interest income. BNY returned $1.1 billion of capital to common shareholders during the quarter.

Total revenue increased by 11% to $4.8 billion.

Diluted EPS increased by 633% to $1.54.

Pre-tax operating margin was 30%.

Returned $1.1 billion of capital to common shareholders.

Total Revenue
$4.85B
Previous year: $4.46B
+8.7%
EPS
$1.72
Previous year: $1.28
+34.4%
Assets Under Custody
$52.1T
Previous year: $47.8T
+9.0%
Assets Under Management
$2T
Previous year: $2T
+0.0%
Free Cash Flow
$1.14B
Previous year: -$2.34B
-148.7%
Total Assets
$416B
Previous year: $410B
+1.5%

BNY Mellon

BNY Mellon

Forward Guidance

The earnings report did not provide specific forward guidance. Therefore, a detailed summary of forward guidance is not available.