earnings
confidence high
sentiment positive
materiality 0.75
BNY Mellon Q1 EPS $1.12, revenue $4.4B up 11% YoY; ROTCE 20.2%
Bank of New York Mellon Corp
2023-Q1 EPS reported
$1.12
- Net income $905M ($1.12 EPS) vs $699M ($0.86 EPS) in 1Q22; adjusted EPS ex-notables up 20%.
- Total revenue $4.36B (+11% YoY); net interest revenue up 62% to $1.13B.
- Returned $1.6B to shareholders, incl. $1.3B in share repurchases; CET1 ratio 11.0%.
- Securities Services revenue +19% YoY; Market & Wealth +22%; Investment & Wealth Mgmt -14%.
- AUM $1.9T (-16% YoY) on market impact; AUC/A $46.6T (+2%).