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]

Industry Overview - The Zacks Major Regional Banks industry is facing challenges with poor asset quality due to Trump's tariff plans, which are expected to lead to higher inflation and modest economic expansion [1][4][7] - The financial performance of these banks is heavily influenced by the nation's economic health and stringent regulations from the Federal Reserve [3] Economic Factors - A modest rise in loan demand is anticipated as the central bank's monetary policy has impacted loan demand amid recession risks, with NII and NIM expected to rise slightly [4][5] - Tariffs are likely to result in higher prices, affecting inflation forecasts, which are projected to be 2.8% for 2025, up from 2.5% [5] Restructuring and Growth Initiatives - Major regional banks are focusing on business restructuring and digitization to enhance profitability and reduce reliance on spread income [2][6] - Investments in artificial intelligence and digital platforms are being made, along with strategic acquisitions to expand market presence [6][25] Asset Quality Concerns - Economic uncertainty and rising prices are affecting clients' ability to repay loans, leading banks to build additional reserves for potential defaults [7] - Several asset quality metrics have surpassed pre-pandemic levels, indicating a gradual deterioration in asset quality [7] Industry Performance - The Zacks Major Regional Banks industry ranks 48, placing it in the top 19% of over 250 Zacks industries, indicating positive prospects [8][10] - The industry has outperformed the S&P 500 with a collective stock increase of 14.1% over the past year, compared to 9.1% for the S&P 500 [12] Valuation Metrics - The industry has a trailing 12-month price-to-tangible book ratio (P/TBV) of 2.24X, significantly lower than the S&P 500's 12.95X, suggesting a discount compared to the broader market [15][22] Key Companies - **U.S. Bancorp**: With a market cap of $66.7 billion, it has shown solid growth in loans and deposits, with a Zacks Consensus Estimate indicating earnings growth of 9.1% for 2025 [21][19] - **BNY Mellon**: Operating in 35 countries, it has a market cap of $60 billion and is expected to see earnings growth of 15.4% for 2025, driven by new service launches and digitization efforts [28][25] - **Truist Financial**: With a market cap of $54.1 billion, it is focusing on strategic restructuring to bolster fee income, with a projected earnings growth of 8.4% for 2025 [33][31] - **Northern Trust**: Holding total assets of $155.5 billion, it has a market cap of $19.3 billion and is expected to see earnings growth of 7.1% for 2025, supported by strong capital distributions [39][38]

Core Points - Canadian Banc Corp. declares a monthly distribution of $0.14575 for Class A shares and $0.05375 for Preferred shares, payable on April 10, 2025, to shareholders on record as of March 31, 2025 [1][5] - The monthly dividend for Class A shares is based on a 15% annualized rate applied to the volume weighted average market price (VWAP) over the last 3 trading days of the preceding month, resulting in a dividend of $0.14575 per share based on a VWAP of $11.66 [2] - Preferred shareholders will receive a rate of prime plus 1.50%, with a minimum of 5.00% and a maximum of 8.00% [3] Distribution Details - Class A Share distribution is $0.14575, and Preferred Share distribution is $0.05375 [5] - Record date for distributions is March 31, 2025, and payable date is April 10, 2025 [5] Investment Portfolio - The Company invests in a portfolio of six publicly traded Canadian banks, including Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia, and Toronto-Dominion Bank, with share weights expected to range between 5-20% [4] - The Company also engages in a selective covered call writing program to generate additional returns above the dividend income earned on the portfolio [4] Historical Distributions - Since inception, Class A shareholders have received a total of $23.53 per share, while Preferred shareholders have received a total of $11.06 per share, resulting in a combined total of $34.59 [3]

Group 1 - The Bank of New York Mellon Corporation (BNY) will redeem all issued and outstanding Floating Rate Senior Notes due April 25, 2025, with an aggregate principal amount of $400 million [1][2] - The redemption date for the Notes is set for March 25, 2025, and the redemption price will be 100% of the principal amount plus any accrued and unpaid interest [2] - After the redemption date, the Notes will no longer be considered outstanding, and interest will cease to accrue on these securities [2] Group 2 - BNY is a global financial services company managing $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2024 [3] - The company has been serving clients for over 240 years, including over 90% of Fortune 100 companies and nearly all top 100 banks globally [3] - BNY employs over 50,000 people worldwide and has received recognition as one of Fortune's World's Most Admired Companies [4]

Core Insights - EquiLend has received a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY), reinforcing their long-standing collaboration [1][2] - BNY's investment signifies a strong commitment to EquiLend and its technology solutions, with BNY joining other major financial institutions to advise on innovation and efficiency in the securities finance ecosystem [2][4] - BNY will be among the initial users of EquiLend's 1Source solution, which aims to enhance transparency and reduce inefficiencies in securities finance transactions through smart contracts and distributed ledger technology [3][4] Company Overview - EquiLend is a global financial technology firm specializing in Trading, Post-Trade, Data & Analytics, RegTech, and Platform Solutions for the securities finance industry, operating across North America, EMEA, and Asia-Pacific [5] - The company is recognized for its commitment to excellence and innovation, having received multiple awards including Americas and EMEA Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2024 [5]

Core Viewpoint - The Bank of New York Mellon Corporation announced the redemption of its Floating Rate Callable Senior Bank Notes with a total principal amount of $500 million, due on March 13, 2026, with the redemption date set for March 13, 2025 [1][2]. Company Overview - The Bank of New York Mellon (BNY) is a global financial services company that has been operational for over 240 years, managing and safeguarding assets for clients [3]. - BNY serves over 90% of Fortune 100 companies and nearly all of the top 100 banks globally, facilitating access to necessary funds [3]. - As of December 31, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management [3]. Redemption Details - The redemption price for the Notes will be 100% of the principal amount plus any accrued and unpaid interest up to the redemption date [2]. - After the redemption date, the Notes will no longer be considered outstanding, and interest will cease to accrue [2].