BNY Mellon Q4 adj EPS $1.28 (down 2%); FY23 adj EPS $5.05 (+10%); 2024 NII seen down ~10%

Bank of New York Mellon Corp

2023-FY EPS reported $3.87 revenue$17,502,000,000

Q4 GAAP diluted EPS $0.33, including $752M FDIC/severance/litigation charge and $150M contingent consideration adjustment.
Full-year 2023 revenue $17.5B (+7% YoY), adj EPS $5.05 (+10%), adj ROTCE 22%.
Q4 net interest revenue $1,101M (+8% QoQ); 2024 NII guided down ~10% YoY on deposit margin compression.
Returned $3.9B capital in FY23 (123% payout ratio); quarterly dividend raised 14% in 3Q23.
Tier 1 leverage ratio 6.0% (+25bps YoY); adj pre-tax margin 28.3% in Q4 vs 31.0% a year ago.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bank of New York Mellon Corp reported financial results for the fourth quarter ended December 31, 2023.

Period: the fourth quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On January 12, 2024, The Bank of New York Mellon Corporation (“BNY Mellon”) released information on its financial results for the fourth quarter ended December 31, 2023. Copies of the Earnings Release and the Financial Supplement are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

Bank of New York Mellon Corp filing history →

Source: SEC EDGAR

accession 0001390777-24-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.