Bank of New York Mellon Corporation
BNY Mellon Announces First Quarter 2024 Financial Results and Conference Call
Summary
On April 16, 2024, The Bank of New York Mellon Corporation announced its financial results for the first quarter of 2024, showing a total revenue of $4.5 billion, a 3% increase year-over-year. The bank reported diluted earnings per common share (EPS) of $1.25, a 495% increase from the previous year, with a pre-tax operating margin of 29%. BNY Mellon also announced a conference call to be held on the same day to discuss these results and the outlook. The earnings release and financial supplement are attached as exhibits.
Profitelligence Alerts
Get alerts for BK
Be first to know when Bank of New York Mellon Corporation files with the SEC.
Filing Categories
Exhibits (3)
Advertisement
About Bank of New York Mellon Corporation
Bank of New York Mellon Corporation, commonly known as BNY Mellon, is a prominent financial services company that provides investment management and investment services around the globe. Founded in 1784, it is one of the oldest banking institutions in the United States, with a rich history and a significant role in the evolution of global finance. BNY Mellon specializes in asset servicing, wealth management, and issuer services, catering to a broad spectrum of clients that include financial institutions, corporations, and high-net-worth individuals. The corporation plays a critical role in the financial markets through its custody and administration services, safeguarding trillions of dollars in assets. By leveraging its advanced technology and global reach, BNY Mellon ensures efficient capital flow and security. Its leadership in providing solutions tailored to the evolving needs of its clients enhances market structure and stability. Headquartered in New York City, BNY Mellon is an influential entity in shaping the financial landscape, promoting liquidity, and supporting operational efficiency across diverse sectors and markets.
Official SEC Documents
Advertisement