earnings
confidence high
sentiment positive
materiality 0.80
BNY Q2 EPS $1.52, up 16% YoY; revenue $4.6B; dividend raised 12% to $0.47
Bank of New York Mellon Corp
2024-Q2 EPS reported
$2.77
- Diluted EPS $1.52 GAAP ($1.51 adjusted), up 16% YoY; revenue $4.6B (+2% YoY).
- Net interest income $1,030M (-6% YoY); fee revenue $3,398M (+4% YoY).
- Q2 pre-tax margin 33%; ROTCE 24.6%; average deposits $285B (+3% YoY).
- Quarterly dividend raised 12% to $0.47/share effective 3Q24; returned $923M in Q2.
- CET1 ratio 11.4% (up 59 bps QoQ); maintained strong capital position.