Bank New York Mellon Corp Financials
This page shows Bank New York Mellon Corp (BK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Bank New York Mellon Corp's revenue grew 5.2% year-over-year to $18.6B, a solid pace of expansion. This earns a growth score of 43/100.
Bank New York Mellon Corp carries a low D/E ratio of 0.75, meaning only $0.75 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 83/100, indicating a strong balance sheet with room for future borrowing.
While Bank New York Mellon Corp generated $687.0M in operating cash flow, capex of $1.5B consumed most of it, leaving -$782.0M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Bank New York Mellon Corp's ROE of 11.0% shows moderate profitability relative to equity, earning a score of 44/100. This is up from 8.1% the prior year.
Bank New York Mellon Corp passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Bank New York Mellon Corp generates $0.15 in operating cash flow ($687.0M OCF vs $4.5B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Bank New York Mellon Corp generated $18.6B in revenue in fiscal year 2024. This represents an increase of 5.2% from the prior year.
Bank New York Mellon Corp generated -$782.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 116.7% from the prior year.
Bank New York Mellon Corp reported $4.5B in net income in fiscal year 2024. This represents an increase of 37.2% from the prior year.
Bank New York Mellon Corp earned $5.80 per diluted share (EPS) in fiscal year 2024. This represents an increase of 49.1% from the prior year.
Bank New York Mellon Corp held $4.2B in cash against $30.9B in long-term debt as of fiscal year 2024.
Bank New York Mellon Corp paid $1.78 per share in dividends in fiscal year 2024. This represents an increase of 12.7% from the prior year.
Bank New York Mellon Corp had 716M shares outstanding in fiscal year 2024. This represents a decrease of 5.1% from the prior year.
Bank New York Mellon Corp's net profit margin was 24.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 5.7 percentage points from the prior year.
Bank New York Mellon Corp's ROE was 11.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.9 percentage points from the prior year.
Bank New York Mellon Corp spent $3.1B on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 17.7% from the prior year.
Bank New York Mellon Corp invested $1.5B in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 20.4% from the prior year.
BK Income Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.6B+7.7% | $6.1B-5.3% | $6.5B-2.8% | $6.7B+4.1% | $6.4B+7.2% | $6.0B+8.0% | $5.5B+5.6% | $5.2B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $5.4B+7.9% | $5.0B-5.9% | $5.3B-5.9% | $5.6B+4.5% | $5.4B+10.3% | $4.9B+8.0% | $4.5B+9.2% | $4.1B |
| Income Tax | $395.0M+31.7% | $300.0M-4.8% | $315.0M-6.3% | $336.0M-5.9% | $357.0M+389.0% | $73.0M-74.4% | $285.0M-9.5% | $315.0M |
| Net Income | $1.4B+18.4% | $1.2B+5.6% | $1.2B-2.3% | $1.2B+1.2% | $1.2B+461.5% | $208.0M-80.0% | $1.0B-3.0% | $1.1B |
| EPS (Diluted) | $1.88+19.0% | $1.58+2.6% | $1.54+2.7% | $1.50-1.3% | $1.52+623.8% | $0.21-82.9% | $1.23-6.1% | $1.31 |
BK Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $455.3B+3.3% | $440.7B+5.9% | $416.1B-2.7% | $427.5B-0.3% | $428.5B+4.6% | $409.9B+1.1% | $405.2B-5.8% | $430.4B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $5.1B-5.6% | $5.4B+28.1% | $4.2B-33.0% | $6.2B+17.4% | $5.3B+7.9% | $4.9B+0.4% | $4.9B-14.3% | $5.7B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $5.2B+2.4% | $5.1B+2.6% | $4.9B-4.4% | $5.2B-0.8% | $5.2B-20.8% | $6.6B+29.9% | $5.1B+9.2% | $4.6B |
| Goodwill | $16.8B+0.7% | $16.7B+0.4% | $16.6B+1.6% | $16.3B+0.7% | $16.2B-0.3% | $16.3B+0.6% | $16.2B-0.5% | $16.2B |
| Total Liabilities | $411.0B+3.5% | $397.1B+6.1% | $374.3B-2.8% | $385.1B-0.6% | $387.4B+5.0% | $369.0B+1.3% | $364.1B-6.5% | $389.3B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $32.3B+4.6% | $30.9B0.0% | $30.9B-7.1% | $33.2B+7.3% | $30.9B-1.0% | $31.3B+7.0% | $29.2B-10.0% | $32.5B |
| Total Equity | $43.9B+1.8% | $43.1B+4.4% | $41.3B-1.6% | $42.0B+2.8% | $40.8B+0.2% | $40.8B-0.5% | $41.0B+0.1% | $40.9B |
| Retained Earnings | $45.3B+4.6% | $43.3B+1.9% | $42.5B+1.9% | $41.8B+1.8% | $41.0B+3.7% | $39.5B-0.4% | $39.7B+1.6% | $39.1B |
BK Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.1B-358.3% | $412.0M-73.4% | $1.6B+596.8% | -$312.0M-114.7% | $2.1B+202.9% | -$2.1B-141.0% | $5.0B+339.0% | $1.1B |
| Capital Expenditures | $438.0M+36.9% | $320.0M-22.5% | $413.0M+10.1% | $375.0M-1.8% | $382.0M+42.0% | $269.0M-19.9% | $336.0M-5.1% | $354.0M |
| Free Cash Flow | -$1.5B-1732.6% | $92.0M-91.9% | $1.1B+265.5% | -$687.0M-139.3% | $1.7B+174.8% | -$2.3B-149.7% | $4.7B+492.4% | $794.0M |
| Investing Cash Flow | $31.0B+265.0% | -$18.8B-1252.9% | $1.6B-84.0% | $10.2B+88.0% | $5.4B+503.2% | -$1.3B-106.5% | $20.6B+381.0% | -$7.3B |
| Financing Cash Flow | -$30.6B-244.9% | $21.1B+501.3% | -$5.3B+44.2% | -$9.4B-27.1% | -$7.4B-298.2% | $3.7B+113.7% | -$27.3B-586.1% | $5.6B |
| Dividends Paid | $381.0M+11.1% | $343.0M-1.7% | $349.0M-1.1% | $353.0M+9.6% | $322.0M-1.8% | $328.0M-1.5% | $333.0M+12.1% | $297.0M |
| Share Buybacks | $849.0M+13.8% | $746.0M-0.5% | $750.0M+3.4% | $725.0M+20.6% | $601.0M+33.6% | $450.0M0.0% | $450.0M+0.4% | $448.0M |
BK Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 21.9%+2.0pp | 19.9%+2.1pp | 17.9%+0.1pp | 17.8%-0.5pp | 18.3%+14.8pp | 3.5%-15.4pp | 18.8%-1.7pp | 20.5% |
| Return on Equity | 3.3%+0.5pp | 2.8%+0.0pp | 2.8%0.0pp | 2.8%-0.1pp | 2.9%+2.4pp | 0.5%-2.0pp | 2.5%-0.1pp | 2.6% |
| Return on Assets | 0.3%+0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%+0.2pp | 0.1%-0.2pp | 0.3%0.0pp | 0.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.74+0.0 | 0.72-0.0 | 0.75-0.0 | 0.79+0.0 | 0.760.0 | 0.77+0.1 | 0.71-0.1 | 0.79 |
| FCF Margin | -22.8%-24.3pp | 1.5%-16.1pp | 17.6%+27.9pp | -10.3%-37.7pp | 27.3%+66.5pp | -39.2%-124.4pp | 85.2%+70.0pp | 15.2% |
Similar Companies
Frequently Asked Questions
What is Bank New York Mellon Corp's annual revenue?
Bank New York Mellon Corp (BK) reported $18.6B in total revenue for fiscal year 2024. This represents a 5.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Bank New York Mellon Corp's revenue growing?
Bank New York Mellon Corp (BK) revenue grew by 5.2% year-over-year, from $17.7B to $18.6B in fiscal year 2024.
Is Bank New York Mellon Corp profitable?
Yes, Bank New York Mellon Corp (BK) reported a net income of $4.5B in fiscal year 2024, with a net profit margin of 24.3%.
What is Bank New York Mellon Corp's earnings per share (EPS)?
Bank New York Mellon Corp (BK) reported diluted earnings per share of $5.80 for fiscal year 2024. This represents a 49.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Bank New York Mellon Corp have?
As of fiscal year 2024, Bank New York Mellon Corp (BK) had $4.2B in cash and equivalents against $30.9B in long-term debt.
What is Bank New York Mellon Corp's net profit margin?
Bank New York Mellon Corp (BK) had a net profit margin of 24.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Bank New York Mellon Corp pay dividends?
Yes, Bank New York Mellon Corp (BK) paid $1.78 per share in dividends during fiscal year 2024.
What is Bank New York Mellon Corp's return on equity (ROE)?
Bank New York Mellon Corp (BK) has a return on equity of 11.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Bank New York Mellon Corp's free cash flow?
Bank New York Mellon Corp (BK) generated -$782.0M in free cash flow during fiscal year 2024. This represents a -116.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Bank New York Mellon Corp's operating cash flow?
Bank New York Mellon Corp (BK) generated $687.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Bank New York Mellon Corp's total assets?
Bank New York Mellon Corp (BK) had $416.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Bank New York Mellon Corp's capital expenditures?
Bank New York Mellon Corp (BK) invested $1.5B in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Bank New York Mellon Corp buy back shares?
Yes, Bank New York Mellon Corp (BK) spent $3.1B on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Bank New York Mellon Corp have outstanding?
Bank New York Mellon Corp (BK) had 716M shares outstanding as of fiscal year 2024.
What is Bank New York Mellon Corp's debt-to-equity ratio?
Bank New York Mellon Corp (BK) had a debt-to-equity ratio of 0.75 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bank New York Mellon Corp's return on assets (ROA)?
Bank New York Mellon Corp (BK) had a return on assets of 1.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Bank New York Mellon Corp's Piotroski F-Score?
Bank New York Mellon Corp (BK) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Bank New York Mellon Corp's earnings high quality?
Bank New York Mellon Corp (BK) has an earnings quality ratio of 0.15x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Bank New York Mellon Corp?
Bank New York Mellon Corp (BK) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.