Here's What Key Metrics Tell Us About The Bank of New York Mellon (BK) Q4 Earnings

Core Insights - The Bank of New York Mellon Corporation reported a revenue of $4.85 billion for the quarter ended December 2024, reflecting a 12.4% increase year-over-year and surpassing the Zacks Consensus Estimate of $4.66 billion by 3.92% [1] - The company's earnings per share (EPS) for the quarter was $1.72, compared to $1.28 in the same quarter last year, resulting in an EPS surprise of 10.26% against the consensus estimate of $1.56 [1] Financial Performance Metrics - Total interest-earning assets averaged $357.77 billion, slightly above the estimated $356.67 billion [4] - The net interest margin (FTE basis) was reported at 1.3%, exceeding the average estimate of 1.2% [4] - The Tier 1 leverage ratio was 5.7%, slightly below the average estimate of 5.8% [4] - The Tier 1 capital ratio (standardized approach) stood at 13.7%, lower than the three-analyst average estimate of 14% [4] Revenue Breakdown - Revenue from Market and Wealth Services totaled $1.67 billion, surpassing the average estimate of $1.55 billion, with a year-over-year increase of 11.2% [4] - Securities Services generated total fee and other revenue of $1.64 billion, slightly above the estimated $1.63 billion, marking a 6.4% increase year-over-year [4] - Net interest income from Securities Services was $681 million, exceeding the average estimate of $611.38 million, with a year-over-year growth of 7.2% [4] - Total revenue from Securities Services reached $2.32 billion, compared to the estimated $2.24 billion, reflecting a 6.7% year-over-year increase [4] - Investment and Wealth Management reported total revenue of $873 million, above the average estimate of $855.66 million, representing a significant year-over-year increase of 29.1% [4] - Market and Wealth Services' total fee and other revenue was $1.19 billion, exceeding the average estimate of $1.13 billion, with a year-over-year change of 12.3% [4] - Net interest income from Investment and Wealth Management was $47 million, slightly above the average estimate of $45.25 million, with a year-over-year increase of 6.8% [4] - Total fee and other revenue from Investment and Wealth Management reached $826 million, surpassing the average estimate of $810.41 million, marking a year-over-year increase of 30.7% [4]