← Bank of New York Mellon Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $15.2b | $15.5b | $16.4b | $16.5b | $15.8b | $15.9b | $16.4b | $17.5b | $18.6b | $20.1b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $237.0m | $209.0m | $180.0m | $117.0m | $104.0m | $82.0m | $67.0m | $57.0m | $50.0m | $45.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $687.0m | $638.0m | $663.0m | $577.0m | $776.0m | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | — | $0 | $0 | $680.0m | $0 | $0 | $0 | |
| Income (Loss) Attributable to Parent, before Tax | $4.7b | $4.6b | $5.2b | $5.6b | $4.5b | $4.6b | $3.3b | $4.1b | $5.8b | $7.1b | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $3.1b | $2.7b | $3.0b | $3.5b | $2.7b | $3.0b | $1.7b | $2.0b | $3.5b | $4.4b | |
| Preferred Stock Dividends, Income Statement Impact | $122 | $175 | $169 | $169 | $194 | $207 | $211 | $235 | $194 | $243 | |
| Investment services fees | $7.2b | $7.5b | $7.8b | $7.9b | $8.0b | $8.3b | $8.5b | $8.8b | $9.4b | $10.2b | |
| Investment management and performance fees | $3.4b | $3.6b | $3.7b | $3.4b | $3.4b | $3.6b | $3.3b | $3.1b | $3.1b | $3.1b | |
| Foreign exchange revenue | — | — | — | — | $774.0m | $799.0m | $822.0m | $631.0m | $688.0m | $706.0m | |
| Financing-related fees | $219.0m | $216.0m | $207.0m | $196.0m | $212.0m | $194.0m | $175.0m | $192.0m | $216.0m | $231.0m | |
| Distribution and servicing fees | $166.0m | $160.0m | $139.0m | $129.0m | $115.0m | $112.0m | $130.0m | $148.0m | $158.0m | $146.0m | |
| Investment and other revenue | $341.0m | $64.0m | $240.0m | $968.0m | $184.0m | $336.0m | ($82.0m) | $285.0m | $687.0m | $757.0m | |
| Interest income | $3.6b | $4.4b | $6.4b | $7.5b | $4.1b | $2.8b | $7.1b | $20.6b | $25.6b | $25.6b | |
| Provision for credit losses | ($11.0m) | ($24.0m) | ($11.0m) | ($25.0m) | $336.0m | ($231.0m) | $39.0m | $119.0m | $70.0m | ($32.0m) | |
| Staff | $5.7b | $6.0b | $6.1b | $6.1b | $6.0b | $6.3b | $6.8b | $7.1b | $7.1b | $7.2b | |
| Software and equipment | $647.0m | $744.0m | $772.0m | $1.2b | $1.4b | $1.5b | $1.7b | $1.8b | $2.0b | $2.1b | |
| Professional, legal and other purchased services | $1.2b | $1.3b | $1.3b | $1.3b | $1.4b | $1.5b | $1.5b | $1.5b | $1.5b | $1.6b | |
| Sub-custodian and clearing | $400.0m | $414.0m | $450.0m | $450.0m | $460.0m | $505.0m | $485.0m | $475.0m | $498.0m | $561.0m | |
| Net occupancy | $590.0m | $569.0m | $630.0m | $564.0m | $581.0m | $498.0m | $514.0m | $542.0m | $537.0m | $551.0m | |
| Distribution and servicing | $405.0m | $419.0m | $406.0m | $374.0m | $336.0m | $298.0m | $343.0m | $353.0m | $361.0m | $269.0m | |
| Business development | $245.0m | $229.0m | $228.0m | $213.0m | $105.0m | $107.0m | $152.0m | $183.0m | $188.0m | $217.0m | |
| Bank assessment charges | $219.0m | $220.0m | $170.0m | $125.0m | $124.0m | $133.0m | $126.0m | $788.0m | $36.0m | $44.0m | |
| Other | $940.0m | $724.0m | $606.0m | $427.0m | $555.0m | $617.0m | $659.0m | $458.0m | $436.0m | $474.0m | |
| Provision for income taxes | $1.2b | $496.0m | $938.0m | $1.1b | $842.0m | $877.0m | $768.0m | $800.0m | $1.3b | $1.5b | |
| Net (income) attributable to noncontrolling interests related to consolidated investment management funds | ($1.0m) | ($24.0m) | $12.0m | ($26.0m) | ($9.0m) | ($12.0m) | $13.0m | ($2.0m) | ($13.0m) | ($34.0m) | |
| Preferred stock dividends | ($122) | ($175) | ($169) | ($169) | ($194) | ($207) | ($211) | ($235) | ($194) | ($243) | |
| Less: Earning allocated to participating securities, basic | — | — | — | — | — | $2.0m | $0 | $0 | $0 | $0 | |
| Less: Earning allocated to participating securities, diluted | — | — | — | — | — | $2.0m | $0 | $0 | $0 | $0 | |
| Basic (shares) | $3 | $4 | $4 | $5 | $4 | $4 | $3 | $4 | $6 | $7 | |
| Common stock equivalents (shares) | $15.7m | $13.0m | $6.8m | $5.1m | $2.4m | $4.9m | $3.9m | $3.8m | $5.5m | $6.5m | |
| Less: Participating securities (shares) | ($9.9m) | ($7.0m) | ($2.6m) | ($1.6m) | ($750k) | ($446k) | ($177k) | ($92k) | $0 | $0 | |
| Diluted (shares) | $3 | $4 | $4 | $5 | $4 | $4 | $3 | $4 | $6 | $7 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $3.5b | $4.1b | $4.3b | — | — | — | — | — | — | — | |
| Investment Income, Net | $26.0m | $70.0m | ($13.0m) | $56.0m | $84.0m | — | — | — | — | — | |
| Total fee revenue | $12.0b | $12.2b | $12.8b | $13.2b | $12.7b | $13.0b | $13.0b | $12.9b | $13.6b | $14.4b | |
| Total fee and other revenue | $12.1b | $12.2b | $12.8b | $13.2b | $12.7b | $13.3b | $12.9b | $13.2b | $14.3b | $15.1b | |
| Income before income taxes | $4.7b | $4.6b | $5.2b | $5.6b | $4.5b | $4.6b | $3.3b | $4.1b | $5.8b | $7.1b | |
| Net income applicable to shareholders of The Bank of New York Mellon Corporation | $3.5b | $4.1b | $4.3b | $4.4b | $3.6b | $3.8b | $2.6b | $3.3b | $4.5b | $5.5b | |
| Net income applicable to common shareholders of The Bank of New York Mellon corporation after required adjustment for the calculation of basic earnings per common share | $3.4b | $3.9b | $4.1b | $4.3b | $3.4b | $3.5b | $2.4b | $3.1b | $4.3b | $5.3b | |
| Net income applicable to common shareholders of The Bank of New York Mellon corporation after required adjustment for the calculation of diluted earnings per common share | $3.4b | $3.9b | $4.1b | $4.3b | $3.4b | $3.5b | $2.4b | $3.1b | $4.3b | $5.3b | |
| Net Income (Loss) Attributable to Parent | $3.5b | $4.1b | $4.3b | $4.4b | $3.6b | $3.8b | $2.6b | $3.3b | $4.5b | $5.5b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $3.4b | $3.9b | $4.1b | $4.3b | $3.4b | $3.6b | $2.4b | $3.1b | $4.3b | $5.3b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.0m | $24.0m | ($12.0m) | $26.0m | $9.0m | $12.0m | ($13.0m) | $2.0m | $13.0m | $34.0m | |
| Earnings Per Share, Basic | $3.16 | $3.74 | $4.06 | $4.53 | $3.84 | $4.17 | $2.91 | $3.89 | $5.84 | $7.47 | |
| Earnings Per Share, Diluted | $3.15 | $3.72 | $4.04 | $4.51 | $3.83 | $4.14 | $2.90 | $3.87 | $5.80 | $7.40 | |
| Weighted Average Number of Shares Outstanding, Basic | 1.1b | 1.0b | 1.0b | 939.6m | 890.8m | 851.9m | 811.1m | 784.1m | 742.6m | 710.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 1.1b | 1.0b | 1.0b | 943.1m | 892.5m | 856.4m | 814.8m | 787.8m | 748.1m | 716.7m | |
| Noninterest expense: | |||||||||||
| Labor and Related Expense | $5.7b | $6.0b | $6.1b | $6.1b | $6.0b | $6.3b | $6.8b | $7.1b | $7.1b | $7.2b | |
| Equipment Expense | $247.0m | $241.0m | $290.0m | — | — | — | — | — | — | — | |
| Interest Expense | $437.0m | $1.1b | $2.8b | $4.4b | $1.1b | $227.0m | $3.6b | $16.3b | $21.3b | $20.7b | |
| Current Income Tax Expense (Benefit) | $1.3b | $363.0m | $1.5b | $1.2b | $1.0b | $620.0m | $613.0m | $1.2b | $1.6b | $1.4b | |
| Interest Income (Expense), Net | $3.1b | $3.3b | $3.6b | $3.2b | $3.0b | $2.6b | $3.5b | $4.3b | $4.3b | $4.9b | |
| Total interest expense | — | — | — | — | — | — | — | — | $21.3b | $20.7b | |
| Total noninterest expense | $10.5b | $11.0b | $11.2b | $10.9b | $11.0b | $11.5b | $13.0b | $13.3b | $12.7b | $13.1b | |
| Income Tax Expense (Benefit) | $1.2b | $496.0m | $938.0m | $1.1b | $842.0m | $877.0m | $768.0m | $800.0m | $1.3b | $1.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.