Bank of New York Mellon Corporation ($BK) reported its first-quarter earnings for 2025, revealing an adjusted earnings per share (EPS) of $1.58, surpassing the expected $1.50. Revenue for the quarter reached $4.79 billion, slightly above the forecast of $4.75 billion. The bank's assets under management (AUM) were reported at $2.01 trillion, below the estimate of $2.05 trillion. Net interest revenue stood at $1.16 billion, exceeding expectations of $1.14 billion. The bank also reported net loans of $71.11 billion, which fell short of the anticipated $71.44 billion. Despite the positive earnings results, the stock experienced a pre-market decline of 1.15%, trading at $75.72. The bank's profitability was highlighted by a pre-tax margin of 32% and a return on tangible common equity (ROTCE) of 24%, attributed to strong fee growth and disciplined cost management.
BNY, $BK, Q1-25. Results: š“ -1.15% Pre-Market ($75.72) Adj. EPS: $1.58 beat by 0.09 Revenue: $4.79B š¢ Strong profitability with 32% pre-tax margin and ROTCE of 24%, driven by solid fee growth and disciplined cost management. Guidance šš½ https://t.co/2wGES0JSIG
BANK OF NY MELON Q1 25 EARNINGS: AUM $2.01T (EST $2.05T) || ADJ EPS $1.58 (EST $1.50) || REV $4.79B (EST $4.75B) || NET INTEREST REV $1.16B (EST $1.14B) || ASSETS UNDER ADMINISTRATION $53.1T (EST $53.15T) || NET LOANS $71.11B (EST $71.44B) || CET1 RATIO 11.5% (EST 11.6%)
$BK Bank of New York Mellon Corp Q1 2025 Adj. EPS 1.58 (exp. 1.52) Revenue 4.79bln (exp. 4.77bln), Net Interest Income 1.16bln (exp. 1.13bln)