10-K annual report · filed Feb 27, 2025

BNY Mellon (BK) FY2024 10-K Annual Report

Short answer

BNY Mellon (BK) filed its fiscal 2024 10-K annual report with the SEC on Feb 27, 2025. It reported revenue of $18.6B (+6.4% year over year) and net income of $4.5B.

FY2024 key financial metrics · XBRL

Revenue
$18.6B
+6.4% YoY
Net income
$4.5B
+37.9% YoY
EPS (diluted)
$5.80
+49.9% YoY
ROE
11.0%
+2.9 pp YoY
Operating cash flow
$687M
−88.4% YoY

Source: XBRL data from the BNY Mellon (BK) FY2024 10-K on SEC EDGAR. USD.

BNY Mellon FY2024 10-K analysis

AI summary of each section, grounded in the filing text

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
  • Strategic emphasis on strengthening leadership with hires from major financial institutions like Goldman Sachs and JPMorgan Chase
  • Executive team veteran average age mid-50s with recent CFO and CEO appointments in 2023-2024 signaling leadership refresh
  • Detailed Code of Conduct and insider trading policies publicly posted online for enhanced governance transparency

Generated from the filing text; verify against the original. How to read a 10-K

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