BNY Mellon first quarter results highlights
April 19, 2018

BNY Mellon has become the latest major financial institution to issue first quarter results. Highlights include the following.

Total revenue of US$4.2 billion, increased 9 percent.

Fee revenue increased 10 percent.

Net interest revenue increased 16 percent.

Weaker US dollar increased total revenue 2 percent.

Total non-interest expense of $2.7 billion increased 4 percent.

Weaker US dollar increased expense 3 percent. 

Investment Services

Total revenue increased 11 percent.

Income before taxes increased 22 percent.

Record assets under custody and administration of $33.5 trillion, up 9 percent.

Investment Management

Total revenue increased 13 percent.

Income before taxes increased 38 percent.

Assets under management of $1.9 trillion, up 8 percent. 

Returned approximately $890 million to common shareholders.

Repurchased 11 million common shares for $644 million.

Paid $246 million in dividends to common shareholders.





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across globalcustody.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

BNY Mellon has become the latest major financial institution to issue first quarter results. Highlights include the following.

Total revenue of US$4.2 billion, increased 9 percent.

Fee revenue increased 10 percent.

Net interest revenue increased 16 percent.

Weaker US dollar increased total revenue 2 percent.

Total non-interest expense of $2.7 billion increased 4 percent.

Weaker US dollar increased expense 3 percent. 

Investment Services

Total revenue increased 11 percent.

Income before taxes increased 22 percent.

Record assets under custody and administration of $33.5 trillion, up 9 percent.

Investment Management

Total revenue increased 13 percent.

Income before taxes increased 38 percent.

Assets under management of $1.9 trillion, up 8 percent. 

Returned approximately $890 million to common shareholders.

Repurchased 11 million common shares for $644 million.

Paid $246 million in dividends to common shareholders.



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site