BK Q4 2023 Earnings — The Bank of New York Mellon Corporation Revenue & Financial Results | Market Cap Arena

BKThe Bank of New York Mellon Corporation

$81B

Q4 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$9.2B+54.5% YoY

Gross Profit

$4.3B46.4% margin

Operating Income

$232M2.5% margin

Net Income

$205M2.2% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

-$2.1B

Free Cash Flow

-$2.3B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$409.9B

Total Liabilities

$369.0B

Stockholders' Equity

$40.8B

Cash & Equivalents

$125.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.2B	$6.0B	+54.5%
Gross Profit	$4.3B	$3.8B	+12.4%
Operating Income	$232M	$685M	-66.1%
Net Income	$205M	$543M	-62.2%