Workflow
The Bank of New York Mellon (BK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
BKThe Bank of New York Mellon(BK) ZACKS·2025-04-11 14:35

Core Insights - The Bank of New York Mellon Corporation reported a revenue of 4.79billionforthequarterendedMarch2025,reflectingayearoveryearincreaseof5.94.79 billion for the quarter ended March 2025, reflecting a year-over-year increase of 5.9% and surpassing the Zacks Consensus Estimate by 1.25% [1] - Earnings per share (EPS) for the quarter was 1.58, an increase from 1.29inthesamequarterlastyear,exceedingtheconsensusEPSestimateby6.041.29 in the same quarter last year, exceeding the consensus EPS estimate by 6.04% [1] Financial Metrics - Tier 1 Leverage Ratio stood at 6.2%, above the average estimate of 6% [4] - Net Interest Margin (FTE Basis) was reported at 1.3%, matching the average estimate [4] - Book value per common share was 52.82, slightly above the average estimate of 52.59[4]RevenueBreakdownTotalrevenuefromMarketandWealthServiceswas52.59 [4] Revenue Breakdown - Total revenue from Market and Wealth Services was 1.69 billion, exceeding the average estimate of 1.60billion,withayearoveryearchangeof+11.11.60 billion, with a year-over-year change of +11.1% [4] - Total fee and other revenue from Securities Services reached 1.67 billion, surpassing the average estimate of 1.63billion,reflectingayearoveryearincreaseof+7.31.63 billion, reflecting a year-over-year increase of +7.3% [4] - Total revenue from Investment and Wealth Management was 779 million, below the average estimate of $840.26 million, indicating a year-over-year decline of -7.9% [4] Stock Performance - Shares of The Bank of New York Mellon have returned -3.8% over the past month, compared to a -6.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]