BNY Mellon (BK) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Financials
State Commercial BanksSEC EDGAR

BNY Mellon (BK) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

BNY Mellon FY2024 10-K Analysis

Business Overview

  • Core business model: Global investment management and financial services firm focusing on asset servicing, wealth management, and risk management
  • New executive appointments in 2025 including Shannon Hobbs as Chief People Officer and Jose Minaya as Global Head of BNY Investments and Wealth
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BNY Mellon FY2024 Key Financial Metrics
XBRL

Revenue

$18.6B

+6.4% YoY

Net Income

$4.5B

+37.9% YoY

Net Margin

24.3%

+555bp YoY

ROE

11.0%

+292bp YoY

Total Assets

$416.1B

+1.5% YoY

EPS (Diluted)

$5.80

+49.9% YoY

Operating Cash Flow

$687M

-88.4% YoY

Source: XBRL data from BNY Mellon FY2024 10-K filing on SEC EDGAR. All figures in USD.

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