BNY Mellon Reports First Quarter 2023 Results

Rhea-AI Summary

BNY Mellon (NYSE: BK) announced its financial results for the first quarter of 2023, revealing significant metrics. As of March 31, 2023, the company managed $46.6 trillion in assets under custody and/or administration and $1.9 trillion in assets under management. Management will host a conference call and audio webcast today at 10:30 a.m. ET to discuss these results and any forward-looking statements. Investors can access the call by calling +1 800-390-5696 (U.S.) or +1 720-452-9082 (International) using the passcode 200200. A replay will be available from 2 p.m. ET on April 18, through May 18, 2023.

The company, the oldest bank in America, continues to provide comprehensive solutions for managing financial assets throughout the investment life cycle.

Positive

• Managed $46.6 trillion in assets under custody and/or administration.
• Managed $1.9 trillion in assets under management.
• Established reputation as a trusted financial institution.

Negative

• None.

News Market Reaction – BK

+1.49%

1 alert

+1.49% News Effect

On the day this news was published, BK gained 1.49%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, April 18, 2023 /PRNewswire/ -- BNY Mellon (NYSE: BK) has reported financial results for the first quarter 2023. The company's earnings release along with the quarterly financial highlights and other earnings-related documents are available at www.bnymellon.com/investorrelations. Management will host a conference call and simultaneous live audio webcast at 10:30 a.m. ET today. This conference call and audio webcast will include forward-looking statements and may include other material information.

Conference Call and Audio Webcast Access
Investors and analysts wishing to access the conference call and audio webcast may do so by dialing +1 800-390-5696 (U.S.) or +1 720-452-9082 (International), and using the passcode: 200200, or by logging onto www.bnymellon.com/investorrelations.

Conference Call and Audio Webcast Replays
An archived version of the first quarter conference call and audio webcast will be available beginning on April 18, 2023, at approximately 2 p.m. ET through May 18, 2023, at www.bnymellon.com/investorrelations.

About BNY Mellon
Established in 1784, BNY Mellon is America's oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $46.6 trillion in assets under custody and/or administration and $1.9 trillion in assets under management as of March 31, 2023. BNY Mellon has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com. Follow us on LinkedIn or visit our Newsroom for the latest company news.

Contacts:

Media
Garrett Marquis
+1 949 683 1503
garrett.marquis@bnymellon.com

Analysts
Marius Merz
+1 212 298 1480
marius.merz@bnymellon.com

View original content:https://www.prnewswire.com/news-releases/bny-mellon-reports-first-quarter-2023-results-301800173.html

SOURCE BNY Mellon

FAQ

What are BNY Mellon's earnings for Q1 2023?

BNY Mellon reported significant assets under custody and management, totaling $46.6 trillion and $1.9 trillion respectively.

When is the BNY Mellon conference call for Q1 2023 results?

The conference call will be held today, April 18, 2023, at 10:30 a.m. ET.

How can I access BNY Mellon's Q1 2023 earnings call?

Investors can access the call by dialing +1 800-390-5696 (U.S.) or +1 720-452-9082 (International) using passcode 200200.

How long will the replay of BNY Mellon's Q1 2023 conference call be available?

The replay will be available from 2 p.m. ET on April 18, 2023, through May 18, 2023.