Financial Data and Key Metrics Changes - Earnings per share (EPS) for Q1 2025 was $1.58, up 26% year-over-year on a reported basis and up 22% excluding notable items [10] - Total revenue reached $4.8 billion, an increase of 6% year-over-year, with expenses controlled at a 2% increase [11][25] - Pre-tax margin improved to 32% and return on tangible common equity rose to 24% [12][29] Business Line Data and Key Metrics Changes - Security services reported total revenue of $2.3 billion, up 8% year-over-year, with investment services fees growing by 4% [34] - Market and wealth services segment revenue was $1.7 billion, an 11% increase year-over-year, with net new assets of $11 billion [37] - Investment and wealth management segment revenue decreased to $779 million, down 8% year-over-year, with assets under management flat at $2 trillion [39][41] Market Data and Key Metrics Changes - Firm-wide assets under custody and administration (AUCA) increased by 9% year-over-year to $53.1 trillion [26] - Foreign exchange revenue rose by 3% year-over-year, driven by higher spreads due to increased volatility [27] - Net interest income was up 11% year-over-year, reflecting reinvestment of maturing investment securities at higher yields [28][32] Company Strategy and Development Direction - The company is focused on transforming into a more platforms-oriented organization, enhancing client experience and agility [13][23] - The first quarter marked the first anniversary of the phased transition into the new operating model, with over half of the company now working in this way [14] - The company is exploring inorganic growth opportunities while maintaining discipline in acquisitions, emphasizing cultural fit and alignment with strategic priorities [66] Management's Comments on Operating Environment and Future Outlook - Management noted a significant reversal of sentiment in the operating environment due to trade and fiscal policy uncertainties, leading to elevated risks [7][9] - The company is prepared for a range of macroeconomic scenarios and continues to focus on supporting clients amid uncertainty [23] - Management expressed optimism about the potential of AI and innovation to drive future growth and efficiency [20][22] Other Important Information - The company returned approximately $1.1 billion of capital to common shareholders, representing a 95% total payout ratio year-to-date [31] - The liquidity coverage ratio was 116%, indicating strong liquidity position [31] Q&A Session Summary Question: Insights on deposit stability and NII generation - Management indicated that Q1 deposit levels were in line with expectations, with a slight uptick in deposits due to market volatility, but not as significant as in previous crises [50][52] Question: Strategic opportunities for M&A - Management is carefully evaluating inorganic growth opportunities, emphasizing the need for alignment with strategic priorities and cultural fit [64][66] Question: Impact of macro environment on client activity - Management noted that while clients may be cautious, the breadth of the company's platforms provides a competitive advantage, allowing for continued business as usual [120][124] Question: Treasury market functioning and Fed intervention - Management confirmed that the treasury market is functioning well, despite reduced liquidity and wider bid-offer spreads, indicating no immediate need for Fed intervention [101][102] Question: Digital assets and stablecoin legislation - Management views digital assets as a long-term play, with stablecoin legislation seen as a positive development for future opportunities [105][111]

The Bank of New York Mellon Corporation’s (BK) first-quarter 2025 adjusted earnings of $1.58 per share surpassed the Zacks Consensus Estimate of $1.49. Also, the bottom line reflected a jump of 22.5% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.BK shares gained 2.5% in the pre-market trading session on better-than-expected results.Results were primarily aided by a rise in fee revenues and net interest income (NII) alongside lower provisions. Assets und ...

For the quarter ended March 2025, The Bank of New York Mellon Corporation (BK) reported revenue of $4.79 billion, up 5.9% over the same period last year. EPS came in at $1.58, compared to $1.29 in the year-ago quarter.The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $4.73 billion. With the consensus EPS estimate being $1.49, the EPS surprise was +6.04%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.04%. A quarter ago, it was expected that this company would post earnings of $1.56 per share when it actually produced earnings of $1.72, delivering a surprise of 10.26%.Over the last four q ...

NEW YORK, April 11, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the first quarter 2025. The company's earnings release along with the quarterly update presentation and other earnings-related documents are available at www.bny.com/investorrelations. Management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET today. This conference call and audio webcast will include for ...

Revenue and Income - Fee and other revenue for Q1 2025 was $3,633 million, a decrease of 1% from Q4 2024 and an increase of 4% from Q1 2024[3] - Total revenue for Q1 2025 was $4,792 million, reflecting a 1% decrease from Q4 2024 and a 6% increase from Q1 2024[3] - Net income applicable to common shareholders increased to $1,149 million, a 2% increase from Q4 2024 and a 21% increase from Q1 2024[3] - Diluted earnings per common share rose to $1.58, up 3% from Q4 2024 and 26% from Q1 2024[3] - Total revenue for 1Q25 was $779 million, a decrease of 11% from $873 million in 4Q24 and 8% from $846 million in 1Q24[26] - Total revenue for the Investment and Wealth Management segment in Q1 2025 was $779 million, down from $873 million in Q4 2024, representing a decline of 10.8%[45] Assets and Liabilities - Total assets increased to $440,691 million as of March 31, 2025, up from $416,064 million at the end of 2024, representing a growth of 5.0%[7] - Total liabilities rose to $397,068 million, compared to $374,300 million at the end of 2024, marking an increase of 6.1%[7] - Total assets as of Q1 2025 were $415,844 million, a slight decrease from $420,344 million in Q4 2024[11] - Net loans stood at $71,109 million as of March 31, 2025, slightly down from $71,276 million at the end of 2024[7] - Deposits increased to $308,644 million in Q1 2025, up from $289,524 million in Q4 2024, reflecting a growth of 6.1%[7] Capital and Ratios - The Common Equity Tier 1 (CET1) ratio improved to 11.5% from 11.2% in Q4 2024[3] - CET1 capital increased to $19,505 million in Q1 2025, resulting in a CET1 ratio of 11.5%[13] - Total capital for Q1 2025 was $26,581 million, with a total capital ratio of 15.7%[13] - The average assets for Tier 1 leverage ratio were $397,513 million in Q1 2025, with a Tier 1 leverage ratio of 6.2%[13] - The Bank of New York Mellon Corporation's common shareholders' equity at the end of Q1 2025 was $37,788 million, an increase from $36,975 million in Q4 2024, representing a growth of 2.2%[44] - The tangible common shareholders' equity at the end of Q1 2025 was $20,173 million, up from $19,412 million in Q4 2024, indicating an increase of 3.9%[44] Interest Income and Margin - Net interest income decreased to $1,159 million in Q1 2025, down 3% from Q4 2024 but up 11% from Q1 2024[3] - The net interest income for Q1 2025 was $1,159 million, slightly down from $1,194 million in Q4 2024, reflecting a decrease of 2.9%[44] - Net interest margin for Q1 2025 was 1.30%[11] - The net interest margin for Q1 2025 remained stable at 1.30%, consistent with Q4 2024[44] Fees and Performance - Investment services fees for Q1 2025 were $2,411 million, down 1% from $2,438 million in Q4 2024, but up 6% compared to $2,278 million in Q1 2024[9] - Investment management and performance fees totaled $739 million in Q1 2025, a decrease of 9% from $808 million in Q4 2024 and down 5% from $776 million in Q1 2024[9] - Total fee revenue for Q1 2025 was $1,530 million, a decrease of 1% from Q4 2024 and an increase of 5% from Q1 2024[15] - Total investment services fees for Q1 2025 were $1,329 million, a decrease of 1% from Q4 2024 and an increase of 4% from Q1 2024[15] Noninterest Expenses and Margins - Noninterest expense for 1Q25 was $714 million, a slight increase of 2% from $700 million in 4Q24 and a decrease of 4% from $740 million in 1Q24[26] - The pre-tax operating margin for Q1 2025 was 31%, compared to 28% in Q4 2024 and 28% in Q1 2024[15] - The pre-tax operating margin for the Investment and Wealth Management segment in Q1 2025 was 8%, a decrease from 20% in Q4 2024[45] Other Financial Metrics - The market capitalization increased to $60,003 million, up from $55,139 million in Q4 2024[3] - The average daily U.S. dollar payment volumes in Treasury Services for Q1 2025 were $244,673 million, a decrease of 2% from Q4 2024 and an increase of 3% from Q1 2024[22] - The number of sponsored Depositary Receipts programs at the end of Q1 2025 was 488, a decrease of 2% from Q4 2024 and 7% from Q1 2024[17] - Nonperforming assets total $213 million as of March 31, 2025, compared to $227 million in the previous quarter[36]

The upcoming report from The Bank of New York Mellon Corporation (BK) is expected to reveal quarterly earnings of $1.49 per share, indicating an increase of 15.5% compared to the year-ago period. Analysts forecast revenues of $4.74 billion, representing an increase of 4.6% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initia ...

Core Insights - Reality Defender has secured strategic investments from BNY, Samsung Next, and Fusion Fund to enhance its deepfake and AI-generated media detection capabilities, addressing the growing threat of deepfake-enabled fraud [1][4] - The company, founded in 2021, offers advanced detection solutions for enterprises, government, and institutional clients, protecting against various forms of deepfake impersonations [2][6] - The prevalence of deepfakes is alarming, with a deepfake attempt occurring every five minutes in 2024 and deepfakes accounting for 40% of all biometric fraud, highlighting the urgent need for Reality Defender's technology [3] Company Overview - Reality Defender specializes in securing communication channels against deepfake impersonations, enabling secure interactions in an AI-driven environment [6] - The company employs a patented multimodal approach for real-time detection of sophisticated impersonations, integrating seamlessly with existing infrastructures [6] - Reality Defender was recognized as the Most Innovative Company at the 2024 RSA Innovation Sandbox competition, underscoring its leadership in developing solutions for AI-generated threats [4] Investment Context - BNY's investment reflects its commitment to safeguarding the integrity of financial transactions amid rising risks from deepfake technology [4] - Samsung Next emphasizes the importance of real-time deepfake detection to maintain trust in digital communications as AI-generated content becomes more sophisticated [4] - Fusion Fund highlights the significant threat deepfake technology poses to institutional trust in the digital economy, supporting Reality Defender's proactive approach to detection [4][12]

About BNY BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to ...

Group 1 - The article discusses an upcoming IPO for an exchange-traded fixed-income security related to The Bank of New York Mellon Corporation [1] - It invites active investors to join a free trial and engage in discussions with sophisticated traders and investors [1] Group 2 - The article emphasizes that past performance does not guarantee future results and does not provide specific investment recommendations [2] - It clarifies that the analysts involved may not be licensed or certified by any regulatory body [2]