Bank Of New York Mellon Corp - Understand $bk stock

$BK Market Cap: $59.25 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$25.10B

TTM

Gross Margin

Net Earnings

$3.462B

TTM

Current Assets

Current Liabilities

$39.75B

Q3 2024

Current Ratio

Total Assets

$427.5B

Q3 2024

Total Liabilities

$385.5B

Q3 2024

Book Value

$41.99B

Q3 2024

Cash

$6.234B

Q3 2024

P/E

17.11

Nov 29, 2024 EST

Free Cash Flow

-$4.256B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$17.50B	$16.38B	$15.93B	$15.81B	$16.46B	$16.39B	$15.54B	$3.575B	$15.13B	$15.61B	$14.97B	$14.53B	$14.68B	$13.82B	$3.508B	$1.065B	$5.670B
YoY Change	6.87%	2.8%	0.78%	-3.97%	0.43%	5.46%	334.77%	-76.37%	-3.09%	4.28%	2.99%	-0.99%	6.25%	293.84%	229.39%	-81.22%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$17.50B	$16.38B	$15.93B	$15.81B	$16.46B	$16.39B	$15.54B	$3.575B	$15.13B	$15.61B	$14.97B	$14.53B	$14.68B	$13.82B	$3.508B	$1.065B	$5.670B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.748B	$1.636B	$1.867B	$1.630B	$1.315B	$1.339B	$1.474B	$1.502B	$1.457B	$1.292B	$1.389B	$1.246B	$776.0M	$629.0M	$711.0M	$878.0M	$820.0M	$490.0M	$515.0M	$480.0M	$430.0M	$232.0M	$284.0M	$247.0M	$215.0M	$187.0M	$200.0M	$237.0M	$198.0M	$200.0M	$187.0M	$176.0M	$163.0M	$149.0M	$114.7M	$59.40M	$48.50M	$32.20M
YoY Change	6.85%	-12.37%	14.54%	23.95%	-1.79%	-9.16%	-1.86%	3.09%	12.77%	-6.98%	11.48%	60.57%	23.37%	-11.53%	-19.02%	7.07%	67.35%	-4.85%	7.29%	11.63%	85.34%	-18.31%	14.98%	14.88%	14.97%	-6.5%	-15.61%	19.7%	-1.0%	6.95%	6.25%	7.98%	9.4%	29.9%	93.1%	22.47%	50.62%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2007
Interest Expense	$16.30B	$3.614B	$227.0M	$1.132B	$4.360B	$2.821B	$1.074B	$437.0M	$300.0M	$354.0M	$343.0M	$534.0M	$604.0M	$545.0M	$593.0M	$3.425B
YoY Change	351.11%	1492.07%	-79.95%	-74.04%	54.56%	162.66%	145.77%	45.67%	-15.25%	3.21%	-35.77%	-11.59%	10.83%	-8.09%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$4.215B	$3.328B	$2.965B	$2.698B	$3.516B	$3.008B	$2.699B	$3.147B	$4.171B	$3.479B	$3.697B	$3.281B	$3.567B	$3.635B	-$3.022B	$1.946B	$3.215B	$2.170B	$1.978B	$1.840B	$1.752B	$1.372B	$2.058B	$2.251B	$2.840B	$1.986B	$1.838B	$1.656B	$1.482B	$1.198B	$886.0M	$588.0M	$208.0M	$432.0M	$65.00M	$298.0M	$104.0M	$183.0M	$174.0M	$147.0M	$148.0M
YoY Change	26.65%	12.24%	9.9%	-23.27%	16.89%	11.45%	-14.24%	-24.55%	19.89%	-5.9%	12.68%	-8.02%	-1.87%	-220.28%	-255.29%	-39.47%	48.16%	9.71%	7.5%	5.02%	27.7%	-33.33%	-8.57%	-20.74%	43.0%	8.05%	10.99%	11.74%	23.71%	35.21%	50.68%	182.69%	-51.85%	564.62%	-78.19%	186.54%	-43.17%	5.17%	18.37%	-0.68%
Income Tax	$830.0M	$768.0M	$877.0M	$842.0M	$1.120B	$938.0M	$496.0M	$1.177B	$1.013B	$912.0M	$1.592B	$842.0M	$1.048B	$1.047B	-$1.395B	$491.0M	$987.0M	$694.0M	$635.0M	$587.0M	$595.0M	$470.0M	$715.0M	$822.0M	$1.101B	$699.0M	$669.0M	$634.0M	$568.0M	$449.0M	$327.0M	$195.0M	$74.00M	$124.0M	$14.00M	$85.00M	$1.000M	$28.00M	$44.00M	$39.00M	$57.00M
% Of Pretax Income	19.69%	23.08%	29.58%	31.21%	31.85%	31.18%	18.38%	37.4%	24.29%	26.21%	43.06%	25.66%	29.38%	28.8%		25.23%	30.7%	31.98%	32.1%	31.9%	33.96%	34.26%	34.74%	36.52%	38.77%	35.2%	36.4%	38.29%	38.33%	37.48%	36.91%	33.16%	35.58%	28.7%	21.54%	28.52%	0.96%	15.3%	25.29%	26.53%	38.51%
Net Earnings	$3.148B	$2.362B	$3.759B	$3.617B	$4.441B	$4.266B	$4.090B	$3.547B	$3.158B	$2.567B	$2.104B	$2.437B	$2.516B	$2.518B	-$1.083B	$1.419B	$2.209B	$2.847B	$1.571B	$1.440B	$1.157B	$902.0M	$1.343B	$1.429B	$1.739B	$1.287B	$1.169B	$1.022B	$914.0M	$749.0M	$559.0M	$393.0M	$134.0M	$308.0M	$51.00M	$213.0M	$103.0M	$155.0M	$130.0M	$108.0M	$91.00M
YoY Change	33.28%	-37.16%	3.93%	-18.55%	4.1%	4.3%	15.31%	12.32%	23.02%	22.01%	-13.66%	-3.14%	-0.08%	-332.5%	-176.32%	-35.76%	-22.41%	81.22%	9.1%	24.46%	28.27%	-32.84%	-6.02%	-17.83%	35.12%	10.09%	14.38%	11.82%	22.03%	33.99%	42.24%	193.28%	-56.49%	503.92%	-76.06%	106.8%	-33.55%	19.23%	20.37%	18.68%
Net Earnings / Revenue	17.99%	14.42%	23.6%	22.88%	26.98%	26.02%	26.31%	99.22%	20.88%	16.45%	14.06%	16.77%	17.14%	18.23%	-30.87%	133.24%	38.96%
Basic Earnings Per Share	$3.89	$2.91	$4.17	$3.84	$4.53	$4.06	$3.74	$3.16	$2.73	$2.17	$1.74	$2.03	$2.03	$2.06	-$1.16	$1.20	$2.19
Diluted Earnings Per Share	$4.00	$2.899M	$4.14	$3.83	$4.51	$4.04	$3.72	$3.15	$2.71	$2.15	$1.73	$2.03	$2.03	$2.05	-$1.16	$1.20	$2.17	$3.943M	$2.155M	$1.962M	$1.616M	$1.313M	$1.921M	$2.033M	$2.409M	$1.746M	$1.536M	$1.284M	$1.158M	$982.9K	$740.4K	$554.3K	$221.5K	$590.0K	$101.8K	$712.4K	$369.2K	$603.1K	$599.1K	$620.7K	$548.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$3.163B	$3.256B	$3.431B	$3.602B	$3.625B	$1.832B	$1.634B	$1.303B	$1.379B	$1.394B	$1.655B	$1.659B	$1.681B	$1.693B	$1.602B	$1.686B	$1.731B	$1.050B	$1.004B	$1.097B	$1.079B	$1.192B	$992.0M	$924.0M	$893.0M	$856.0M	$835.0M	$875.0M	$902.0M	$914.0M	$945.0M	$974.0M	$734.0M	$822.0M	$852.0M	$872.0M	$178.0M	$145.0M	$128.0M	$122.0M	$125.0M
YoY Change	-2.86%	-5.1%	-4.75%	-0.63%	97.87%	12.12%	25.4%	-5.51%	-1.08%	-15.77%	-0.24%	-1.31%	-0.71%	5.68%	-4.98%	-2.6%	64.86%	4.58%	-8.48%	1.67%	-9.48%	20.16%	7.36%	3.47%	4.32%	2.51%	-4.57%	-2.99%	-1.31%	-3.28%	-2.98%	32.7%	-10.71%	-3.52%	-2.29%	389.89%	22.76%	13.28%	4.92%	-2.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$873.0M	$803.0M	$939.0M	$1.259B	$1.102B	$1.064B	$1.083B	$1.063B	$3.329B	$3.287B	$3.220B	$2.664B	$2.677B	$2.643B	$2.816B	$2.421B	$2.400B
YoY Change	8.72%	-14.48%	-25.42%	14.25%	3.57%	-1.75%	1.88%	-68.07%	1.28%	2.08%	20.87%	-0.49%	1.29%	-6.14%	16.32%	0.88%
Other Assets	$1.818B	$1.651B	$1.946B	$1.556B	$1.464B	$1.357B	$1.416B	$836.0M	$1.355B	$1.332B	$1.209B	$419.0M	$144.0M	$1.010B	$2.956B	$371.0M	$1.657B	$18.00M	$8.808B
YoY Change	10.12%	-15.16%	25.06%	6.28%	7.89%	-4.17%	69.38%	-38.3%	1.73%	10.17%	188.54%	190.97%	-85.74%	-65.83%	696.77%	-77.61%	9105.56%	-99.8%
Total Long-Term Assets
YoY Change
Total Assets	$410.0B	$405.8B	$444.4B	$469.6B	$381.5B	$362.9B	$371.8B	$333.5B	$393.8B	$385.3B	$374.5B	$359.0B	$325.3B	$247.3B	$212.2B	$237.5B	$197.7B	$103.2B	$102.1B	$94.53B	$92.40B	$77.74B	$81.03B	$77.11B	$74.76B	$63.50B	$59.96B	$55.77B	$53.72B	$48.88B	$45.55B	$45.21B	$39.43B	$45.39B	$48.86B	$47.39B	$23.07B	$20.71B	$18.49B	$15.16B	$12.80B
YoY Change
Accounts Payable	$18.40B	$23.44B	$25.15B	$25.09B	$18.76B	$19.73B	$20.18B	$20.99B	$21.90B	$21.18B	$15.71B	$16.10B	$12.67B	$9.962B	$10.72B	$9.274B	$7.578B	$7.266B	$8.786B	$8.777B	$10.27B	$971.0M	$92.00M	$127.0M	$131.0M	$188.0M	$182.0M	$167.0M	$190.0M
YoY Change	-21.51%	-6.82%	0.26%	33.73%	-4.93%	-2.24%	-3.83%	-4.17%	3.39%	34.85%	-2.41%	27.02%	27.19%	-7.08%	15.6%	22.38%	4.29%	-17.3%	0.1%	-14.57%	958.08%	955.43%	-27.56%	-3.05%	-30.32%	3.3%	8.98%	-12.11%
Accrued Expenses	$1.356B	$1.336B	$1.461B	$1.669B	$1.772B
YoY Change	1.5%	-8.56%	-12.46%	-5.81%
Deferred Revenue
YoY Change
Short-Term Debt	$14.51B	$12.34B	$11.57B	$11.31B	$15.36B	$19.41B	$21.27B	$10.74B	$15.53B	$12.26B	$10.41B	$9.145B	$8.451B	$8.470B	$3.837B	$7.856B	$8.112B	$2.415B	$1.738B	$1.738B	$1.873B	$1.111B	$4.119B	$2.795B	$2.790B	$6.107B	$7.002B	$5.881B	$7.670B	$6.240B	$5.492B	$4.802B	$4.725B	$5.272B	$7.632B	$7.432B	$2.166B	$2.570B	$3.685B	$2.751B	$1.487B
YoY Change	17.61%	6.65%	2.31%	-26.4%	-20.86%	-8.73%	97.95%	-30.8%	26.68%	17.76%	13.8%	8.21%	-0.22%	120.75%	-51.16%	-3.16%	235.9%	38.95%	0.0%	-7.21%	68.59%	-73.03%	47.37%	0.18%	-54.31%	-12.78%	19.06%	-23.32%	22.92%	13.62%	14.37%	1.63%	-10.38%	-30.92%	2.69%	243.12%	-15.72%	-30.26%	33.95%	85.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$38.37B	$28.85B	$32.38B	$32.45B	$26.17B	$25.40B	$26.41B	$26.85B	$27.89B	$28.08B	$22.70B	$23.41B	$18.91B	$16.13B	$15.21B	$13.33B	$15.68B	$12.40B	$12.91B	$13.23B	$14.53B	$5.037B	$3.858B	$3.410B	$2.775B	$2.371B	$2.092B	$1.584B	$1.568B	$1.049B	$763.0M	$560.0M	$234.0M	$335.0M	$97.00M	$1.274B	$126.0M	$171.0M	$134.0M	$224.0M	$236.0M
YoY Change	33.03%	-10.91%	-0.22%	23.99%	3.04%	-3.82%	-1.66%	-3.7%	-0.71%	23.7%	-3.02%	23.83%	17.24%	6.06%	14.1%	-15.01%	26.49%	-3.98%	-2.42%	-8.95%	188.47%	30.56%	13.14%	22.88%	17.04%	13.34%	32.07%	1.02%	49.48%	37.48%	36.25%	139.32%	-30.15%	245.36%	-92.39%	911.11%	-26.32%	27.61%	-40.18%	-5.08%
Long-Term Debt	$31.74B	$30.86B	$26.68B	$26.33B	$28.10B	$29.16B	$27.98B	$24.46B	$21.55B	$20.26B	$19.86B	$18.53B	$19.93B	$16.52B	$17.23B	$15.87B	$16.87B	$8.773B	$7.817B	$6.121B	$6.121B	$5.440B	$4.976B	$4.536B	$4.311B	$3.386B	$2.809B	$2.416B	$1.848B	$1.774B	$1.590B	$1.695B	$1.232B	$865.0M	$951.0M	$0.00	$726.0M	$502.0M	$430.0M	$169.0M	$99.00M
YoY Change	2.86%	15.65%	1.31%	-6.28%	-3.65%	4.23%	14.37%	13.53%	6.33%	2.01%	7.2%	-7.04%	20.68%	-4.16%	8.63%	-5.97%	92.33%	12.23%	27.71%	0.0%	12.52%	9.32%	9.7%	5.22%	27.32%	20.54%	16.27%	30.74%	4.17%	11.57%	-6.19%	37.58%	42.43%	-9.04%		-100.0%	44.62%	16.74%	154.44%	70.71%
Other Long-Term Liabilities	$15.07B	$13.93B	$10.73B	$11.88B	$10.68B	$9.255B	$10.04B	$10.34B	$10.24B	$20.13B	$21.90B	$24.37B	$16.61B	$20.74B	$5.499B	$4.618B	$4.887B	$3.541B	$17.38B	$2.418B	$2.348B	$929.0M	$3.422B	$1.325B	$893.0M	$608.0M	$503.0M	$399.0M	$556.0M	$617.0M	$569.0M	$553.0M	$687.0M	$758.0M	$1.061B	$1.318B	$433.0M	$313.0M	$192.0M	$65.00M	$50.00M
YoY Change	8.2%	29.82%	-9.68%	11.21%	15.42%	-7.78%	-2.93%	1.0%	-49.14%	-8.1%	-10.11%	46.7%	-19.91%	277.14%	19.08%	-5.5%	38.01%	-79.62%	618.69%	2.98%	152.74%	-72.85%	158.26%	48.38%	46.88%	20.87%	26.07%	-28.24%	-9.89%	8.44%	2.89%	-19.51%	-9.37%	-28.56%	-19.5%	204.39%	38.34%	63.02%	195.38%	30.0%
Total Long-Term Liabilities	$46.81B	$44.78B	$37.41B	$38.21B	$38.78B	$38.42B	$38.02B	$34.80B	$31.78B	$40.39B	$41.77B	$42.90B	$36.54B	$37.26B	$22.73B	$20.48B	$21.76B	$12.31B	$25.20B	$8.539B	$8.469B	$6.369B	$8.398B	$5.861B	$5.204B	$3.994B	$3.312B	$2.815B	$2.404B	$2.391B	$2.159B	$2.248B	$1.919B	$1.623B	$2.012B	$1.318B	$1.159B	$815.0M	$622.0M	$234.0M	$149.0M
YoY Change	4.52%	19.71%	-2.1%	-1.47%	0.95%	1.06%	9.23%	9.5%	-21.31%	-3.29%	-2.63%	17.39%	-1.91%	63.89%	10.98%	-5.87%	76.71%	-51.13%	195.06%	0.83%	32.97%	-24.16%	43.29%	12.62%	30.3%	20.59%	17.66%	17.1%	0.54%	10.75%	-3.96%	17.14%	18.24%	-19.33%	52.66%	13.72%	42.21%	31.03%	165.81%	57.05%
Total Liabilities	$369.0B	$365.0B	$401.4B	$423.8B	$340.0B	$322.2B	$330.5B	$294.7B	$355.7B	$347.9B	$337.0B	$322.6B	$291.8B	$214.9B	$183.2B	$209.5B	$168.3B	$91.78B	$92.24B	$85.24B	$83.97B	$71.06B	$74.71B	$70.96B	$69.61B	$58.06B	$54.96B	$50.64B	$48.49B	$44.58B	$41.47B	$41.48B	$36.52B	$42.50B	$46.09B	$44.60B	$21.85B	$19.66B	$17.57B	$14.40B	$12.13B
YoY Change	1.08%	-9.06%	-5.29%	24.65%	5.52%	-2.5%	12.17%	-17.17%	2.27%	3.22%	4.48%	10.52%	35.8%	17.28%	-12.52%	24.49%	83.33%	-0.5%	8.22%	1.51%	18.17%	-4.89%	5.28%	1.94%	19.91%	5.63%	8.53%	4.43%	8.76%	7.5%	-0.01%	13.57%	-14.07%	-7.78%	3.35%	104.09%	11.17%	11.9%	22.01%	18.65%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2007
Basic Shares Outstanding	784.1M shares	811.1M shares	851.9M shares	890.8M shares	939.6M shares	1.003B shares	1.034B shares	1.066B shares	1.105B shares	1.130B shares	1.151B shares	1.176B shares	1.221B shares	1.213B shares		923.2M shares
Diluted Shares Outstanding	787.8M shares	814.8M shares	856.4M shares	892.5M shares	943.1M shares	1.007B shares	1.040B shares	1.072B shares	1.113B shares	1.137B shares	1.154B shares	1.178B shares	1.223B shares	1.216B shares	1.179B shares	930.7M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $59.25 Billion

About Bank of New York Mellon Corp

The Bank of New York Mellon Corp. is a bank holding company, which engages in the provision of financial services. The company is headquartered in New York City, New York and currently employs 52,600 full-time employees. The company went IPO on 2007-07-02. The Company’s business segment includes Securities Services, Market and Wealth Services and Investment and Wealth Management. The Securities Services business segment consists of Asset Servicing and Issuer Services, which provide business solutions across the transaction life cycle to its global asset owner and asset manager clients. The Market and Wealth Services business segment consists of three lines of business, Pershing, Treasury Services and Clearance and Collateral Management, which provide business services and technology solutions. Its Investment and Wealth Management business segment deliver a diversified portfolio of investment strategies independently, and through its global distribution network, to institutional and retail clients globally. The company provides investment management, custody, wealth and estate planning, private banking services, investment servicing and information management.

Industry: State Commercial Banks Peers: BLUE OWL CAPITAL INC. AMERIPRISE FINANCIAL INC BlackRock Inc Blackstone Inc. KKR & Co. Inc. NORTHERN TRUST CORP PRICE T ROWE GROUP INC STATE STREET CORP