BNY Mellon surpasses $50 trillion in assets under custody as Q3 profit beats estimates and declares dividend 📈

18:02 11 āļ•āļļāļĨāļēāļ„āļĄ 2024

BNY Mellon (BK.US) released its Q3 2024 earnings report today ahead of the Wall Street session, revealing it has become the first bank in history to surpass $50 trillion in assets under custody and administration. The shares gained 1.3% in pre-market. BNY Mellon reported better-than-expected Q3 results in several key areas, including adjusted EPS, revenue, and net interest revenue. The bank's investment services fees rose 5% to $2.34 billion, while income from foreign exchange jumped 14% to $175 million. BNY Mellon's total assets under custody and/or administration reached $52.1 trillion, significantly exceeding analysts' expectations and marking a historic milestone for the banking industry. Implied one day move for the company based on historical data was 3.35%, with an average surprise of 6.57% above consensus for adjusted EPS. It has also declared a quarterly common stock dividend of $0.47 per share, payable on November 1, 2024 to shareholders of record as of the close of business on October 21, 2024.

 

Highlights

āđ€āļĢāļīāđˆāļĄāđ€āļ—āļĢāļ”āļ—āļąāļ™āļ—āļĩāļ§āļąāļ™āļ™āļĩāđ‰ āļŦāļĢāļ·āļ­ āļĨāļ­āļ‡āđƒāļŠāđ‰āļšāļąāļāļŠāļĩāļ—āļ”āļĨāļ­āļ‡āđāļšāļšāđ„āļĢāđ‰āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡

āđ€āļ›āļīāļ”āļšāļąāļāļŠāļĩ āļĨāļ­āļ‡āļšāļąāļāļŠāļĩāđ€āļ”āđ‚āļĄāđˆ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­
  • Assets under custody and/or administration reached a record $52.1 trillion, becoming the first bank to surpass $50 trillion
  • Assets under management grew to $2.14 trillion, exceeding estimates
  • Adjusted EPS of $1.52, beating expectations
  • Revenue rose to $4.65 billion, surpassing estimates
 

BNY Mellon Q3 2024 Results

  • Assets under custody and/or administration: $52.1 trillion vs $51.08 trillion expected
  • Assets under management: $2.14 trillion vs $2.08 trillion expected
  • Adjusted EPS: $1.52 vs $1.42 expected
  • Revenue: $4.65 billion vs $4.55 billion expected
  • Net interest revenue: $1.05 billion vs $1 billion expected

Segment Breakdown

  • Investment services fees: $2.34 billion (+5% YoY)
  • Foreign exchange income: $175 million (+14% YoY)
  • Issuer services fees: $285 million vs $286.6 million expected
  • Treasury services fees: $200 million vs $197.6 million expected

Other Key Metrics

  • Net interest margin: 1.16% vs 1.13% expected
  • Return on equity: 12% vs 11.3% expected
  • Common equity Tier 1 ratio: 11.9% vs 11.5% expected
  • Provision for credit losses: $23 million vs $11.4 million expected
  • Non-interest expenses: $3.10 billion vs $3.07 billion expected
  • Total deposits: $296.44 billion vs $296.46 billion expected
  • Net loans: $69.16 billion vs $70.35 billion expected
  • Liquidity coverage ratio: 116%

Additional Notes

  • BNY Mellon became the first bank in history to surpass $50 trillion in assets under custody and administration
  • The bank's stock is up 76% over the past year, outpacing the average growth of 48% seen by other American banks
  • BNY Mellon recently announced it would custody Washington D.C.-based Wisdom Tree's $80 billion worth of U.S. listed ETFs, including one of the first U.S. bitcoin ETFs
  • The bank's proprietary artificial intelligence is already being used by 14,000 of its 55,000 employees
  • BNY Mellon is in the midst of an overhaul aimed at cutting costs, streamlining operations, and focusing on higher margin-businesses
  • The bank declared a quarterly common stock dividend of $0.47 per share, payable on November 1, 2024

 

 

Source: xStation

āļŦāļļāđ‰āļ™:
āļāļĨāļąāļšāđ„āļ›

āļ‚āđˆāļēāļ§āđƒāļ™āļ•āļĨāļēāļ”āļāļēāļĢāđ€āļ‡āļīāļ™

18.07.2025
15:37

āļ•āļĨāļēāļ”āļ„āļĢāļīāļ›āđ‚āļ•āļžāļļāđˆāļ‡āđāļĢāļ‡; āļ—āļĢāļąāļĄāļ›āđŒāļŠāđˆāļ‡āļŠāļąāļāļāļēāļ“āđ€āļ›āļīāļ”āļ•āļĨāļēāļ”āđ€āļ‡āļīāļ™āđ€āļāļĐāļĩāļĒāļ“āđƒāļŦāđ‰āļŠāļīāļ™āļ—āļĢāļąāļžāļĒāđŒāļ”āļīāļˆāļīāļ—āļąāļĨ 📃👀

āļŠāļ āļēāļœāļđāđ‰āđāļ—āļ™āļĢāļēāļĐāļŽāļĢāļŠāļŦāļĢāļąāļāļŊ āļœāđˆāļēāļ™āļĢāđˆāļēāļ‡āļāļŽāļŦāļĄāļēāļĒāļ„āļĢāļīāļ›āđ‚āļ•āļŠāļļāļ”āđƒāļŦāļāđˆ āļŦāļ™āļļāļ™āđ‚āļ”āļĒāļ—āļĢāļąāļĄāļ›āđŒ āļŠāļ āļēāļœāļđāđ‰āđāļ—āļ™āļĢāļēāļĐāļŽāļĢāļŠāļŦāļĢāļąāļāļŊ āđ„āļ”āđ‰āļœāđˆāļēāļ™āļŠāļļāļ”āļĢāđˆāļēāļ‡āļāļŽāļŦāļĄāļēāļĒāļŠāļģāļ„āļąāļāđ€āļāļĩāđˆāļĒāļ§āļāļąāļšāļ„āļĢāļīāļ›āđ‚āļ•āđ€āļ„āļ­āļĢāđŒāđ€āļĢāļ™āļ‹āļĩāļ—āļĩāđˆāđ„āļ”āđ‰āļĢāļąāļšāļāļēāļĢāļŠāļ™āļąāļšāļŠāļ™āļļāļ™āļˆāļēāļāļ­āļ”āļĩāļ•āļ›āļĢāļ°āļ˜āļēāļ™āļēāļ˜āļīāļšāļ”āļĩāđ‚āļ”āļ™āļąāļĨāļ”āđŒ...

14:55

āļ•āļĨāļēāļ”āđ€āļ”āđˆāļ™āļ§āļąāļ™āļ™āļĩāđ‰ - USDJPY (18.07.2025)

āļ­āļąāļ•āļĢāļēāđ€āļ‡āļīāļ™āđ€āļŸāđ‰āļ­āļžāļ·āđ‰āļ™āļāļēāļ™āļ‚āļ­āļ‡āļāļĩāđˆāļ›āļļāđˆāļ™āļĨāļ”āļĨāļ‡āđ€āļŦāļĨāļ·āļ­ 3.3% YoY āđƒāļ™āđ€āļ”āļ·āļ­āļ™āļĄāļīāļ–āļļāļ™āļēāļĒāļ™ āļˆāļēāļ 3.7% āđƒāļ™āđ€āļ”āļ·āļ­āļ™āļžāļĪāļĐāļ āļēāļ„āļĄ āļ•āļĢāļ‡āļāļąāļšāļāļēāļĢāļ„āļēāļ”āļāļēāļĢāļ“āđŒ āļāļēāļĢāļĨāļ”āļĨāļ‡āļŠāđˆāļ§āļ™āļŦāļ™āļķāđˆāļ‡āļĄāļēāļˆāļēāļāļāļēāļĢāļ„āļ·āļ™āđ€āļ‡āļīāļ™āļ­āļļāļ”āļŦāļ™āļļāļ™āļ„āđˆāļēāļ™āđ‰āļģāļĄāļąāļ™āļ‚āļ­āļ‡āļĢāļąāļāļšāļēāļĨāđāļĨāļ°āļĢāļēāļ„āļēāļ‚āđ‰āļēāļ§āļ—āļĩāđˆāļ›āļĢāļąāļšāļ•āļąāļ§āļĨāļ”āļĨāļ‡āđ€āļĨāđ‡āļāļ™āđ‰āļ­āļĒ...

13:13

āļ›āļāļīāļ—āļīāļ™āđ€āļĻāļĢāļĐāļāļāļīāļˆ: āļ‚āđ‰āļ­āļĄāļđāļĨāļ•āļĨāļēāļ”āļ—āļĩāđˆāļ­āļĒāļđāđˆāļ­āļēāļĻāļąāļĒāļˆāļ°āļ­āđˆāļ­āļ™āđāļ­āļĨāļ‡āļ­āļĩāļāļ„āļĢāļąāđ‰āļ‡āļŦāļĢāļ·āļ­āđ„āļĄāđˆ? 🔎

āļ§āļąāļ™āļ™āļĩāđ‰ āļ•āļĨāļēāļ”āļˆāļ°āļˆāļąāļšāļ•āļēāļāļēāļĢāđ€āļœāļĒāđāļžāļĢāđˆāļĢāļēāļĒāļ‡āļēāļ™āđ€āļ‡āļīāļ™āđ€āļŸāđ‰āļ­āļ‚āļ­āļ‡āļĄāļŦāļēāļ§āļīāļ—āļĒāļēāļĨāļąāļĒāļĄāļīāļŠāļīāđāļāļ™āļŠāļģāļŦāļĢāļąāļšāđ€āļ”āļ·āļ­āļ™āļāļĢāļāļŽāļēāļ„āļĄ āđāļĨāļ°āļ‚āđ‰āļ­āļĄāļđāļĨāđ€āļ”āļ·āļ­āļ™āļĄāļīāļ–āļļāļ™āļēāļĒāļ™āļˆāļēāļāļ•āļĨāļēāļ”āļžāļąāļ’āļ™āļēāļ­āļŠāļąāļ‡āļŦāļēāļĢāļīāļĄāļ—āļĢāļąāļžāļĒāđŒ āļ™āļ­āļāļˆāļēāļāļ™āļĩāđ‰ āļĪāļ”āļđāļāļēāļĨāļ›āļĢāļ°āļāļēāļĻāļœāļĨāļ›āļĢāļ°āļāļ­āļšāļāļēāļĢāđ„āļ•āļĢāļĄāļēāļŠāļĒāļąāļ‡āļ”āļģāđ€āļ™āļīāļ™āļ•āđˆāļ­āđ„āļ›...

āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļ•āļĨāļēāļ”āļžāļĢāđ‰āļ­āļĄāļĨāļđāļāļ„āđ‰āļēāļ‚āļ­āļ‡ XTB Group āļāļ§āđˆāļē 1 600 000 āļĢāļēāļĒ

āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ—āļĩāđˆāđ€āļĢāļēāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļĄāļĩāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡ āđ€āļĻāļĐāļŦāļļāđ‰āļ™ (Fractional Shares) āđ€āļ›āđ‡āļ™āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļĩāđˆāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļˆāļēāļ XTB āđāļŠāļ”āļ‡āļ–āļķāļ‡āļāļēāļĢāđ€āļ›āđ‡āļ™āđ€āļˆāđ‰āļēāļ‚āļ­āļ‡āļŦāļļāđ‰āļ™āļšāļēāļ‡āļŠāđˆāļ§āļ™āļŦāļĢāļ·āļ­ ETF āđ€āļĻāļĐāļŦāļļāđ‰āļ™āđ„āļĄāđˆāđƒāļŠāđˆāļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ­āļīāļŠāļĢāļ° āļŠāļīāļ—āļ˜āļīāļ‚āļ­āļ‡āļœāļđāđ‰āļ–āļ·āļ­āļŦāļļāđ‰āļ™āļ­āļēāļˆāļ–āļđāļāļˆāļģāļāļąāļ”
āļ„āļ§āļēāļĄāļŠāļđāļāđ€āļŠāļĩāļĒāļŠāļēāļĄāļēāļĢāļ–āđ€āļāļīāļ™āļāļ§āđˆāļēāđ€āļ‡āļīāļ™āļ—āļĩāđˆāļāļēāļ