BK Earnings Prediction
The chart below shows how BK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BK sees a -3.02% change in stock price 10 days leading up to the earnings, and a +1.66% change 10 days following the report. On the earnings day itself, the stock moves by +3.12%. This data can give you a slight idea of what to expect for the next quarter's release.
BK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.81B
10.68%
6.96%
Gross Margin
--
--
--
Operating Margin
34.03%
597.34%
0.56%
Net Margin
24.05%
414.99%
-9.04%
EPS
1.54
633.33%
2.67%
No Data Available
BK Earnings Analysis
Bank of New York Mellon Corp Corporation (BK.N) Earnings Conference Call
Positive
Record Net Income and Revenue: Record net income of $4.3 billion on record revenue of $18.6 billion, generating a return on tangible common equity of 23% for the year.
Revenue Increase Overview: Total revenue of $18.6 billion was up 5% year-over-year.
Fee Revenue Increase: Fee revenue was up 6%.
Investment Services Fee Growth: Investment services fees grew 7%, reflecting net-new business, higher market values, and client activity across our Security Services and Marketing and Wealth Services segments.
Shareholder Returns Strategy: We returned 102% of 2024 earnings to our shareholders through dividends and share repurchases.
Negative
Revenue Increase, Interest Decline: Total revenue of $18.6 billion was up 5% year-over-year, but net interest income was down 1%, underperforming our outlook from the beginning of the year by approximately 9 percentage points.
Expense Management Improvement: Despite higher-than-expected revenue, expenses were down 4% year-over-year on a reported basis and up 1% excluding notable items, indicating a need for better cost management.
Operating Leverage Analysis: In 2024, we delivered 968 basis points of positive operating leverage on a reported basis and 288 basis points, excluding notable items, suggesting challenges in maintaining consistent profitability.
Net Interest Income Decline: Net interest income was down 1%, reflecting changes in the deposit mix, partially offset by higher investment securities portfolio yields and balance sheet growth.
Earnings Per Share Decline: We reported earnings per share of $5.80, which was lower than expected, indicating potential issues in achieving our financial targets.
