Bank of New York Mellon Corp Q3 2023 Earnings Call Summary - Thomson StreetEvents

Bank of New York Mellon Corp Q3 2023 Earnings Call Summary

Bank of New York Mellon Corp Q3 2023 Earnings Call Summary - Thomson StreetEvents
Bank of New York Mellon Corp Q3 2023 Earnings Call Summary
Published Oct 17, 2023
22 pages (13886 words) — Published Oct 17, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of BK.N earnings conference call or presentation 17-Oct-23 2:30pm GMT

  
Brief Excerpt:

...A. As you can see on Slide 2 of the financial highlights presentation, we reported earnings per share of $1.22 versus $0.39 in the third quarter of last year. B. Excluding notable items, which primarily impacted last year's results, EPS of $1.27 increased by 5% year-over-year. C. We generated a return on tangible common equity of 20% on $4.4 billion of revenue, up 2% year-over-year and a pretax margin of 29% in the third quarter. D. Net interest revenue was up 10% year-over-year as we continued to maximize the positive aspects of rising interest rates. E. Our strong liquidity position allowed us to reduce our wholesale funding footprint. F. Our 20% return on tangible common equity, together with all of these actions, allowed us to continue to deliver attractive capital returns to our shareholders, while further strengthening our capital and liquidity ratios to be prepared for a wide range of macroeconomic outcomes. G. As a result, we've committed to drive higher underlying growth, consistently...

  
Report Type:

Brief

Source:
Company:
Bank of New York Mellon Corp
Ticker
BK.N
Time
2:30pm GMT
Format:
PDF Adobe Acrobat
Buy Now

Bank of New York Mellon Corp Q2 2024 Earnings Call Summary – 2024-07-12 – US$ 54.00 – Edited Brief of BK.N earnings conference call or presentation 12-Jul-24 1:30pm GMT

Bank of New York Mellon Corp at Goldman Sachs European Financials Conference Transcript – 2024-06-06 – US$ 54.00 – Edited Transcript of BK.N presentation 6-Jun-24 1:00pm GMT

Bank of New York Mellon Corp at BancAnalysts Association Of Boston Conference Summary – 2023-11-03 – US$ 54.00 – Edited Brief of BK.N presentation 3-Nov-23 12:15pm GMT

Bank of New York Mellon Corp at BancAnalysts Association Of Boston Conference Transcript – 2023-11-03 – US$ 54.00 – Edited Transcript of BK.N presentation 3-Nov-23 12:15pm GMT

Bank of New York Mellon Corp Q3 2023 Earnings Call Transcript – 2023-10-17 – US$ 54.00 – Edited Transcript of BK.N earnings conference call or presentation 17-Oct-23 2:30pm GMT

Bank of New York Mellon Corp at Barclays Global Financial Services Conference Summary – 2023-09-11 – US$ 54.00 – Preliminary Brief of BK.N presentation 11-Sep-23 1:45pm GMT

Bank of New York Mellon Corp at Barclays Global Financial Services Conference Transcript – 2023-09-11 – US$ 54.00 – Edited Transcript of BK.N presentation 11-Sep-23 1:45pm GMT

Bank of New York Mellon Corp Q2 2023 Earnings Call Summary – 2023-07-18 – US$ 54.00 – Edited Brief of BK.N earnings conference call or presentation 18-Jul-23 2:30pm GMT

Bank of New York Mellon Corp Q2 2023 Earnings Call Transcript – 2023-07-18 – US$ 54.00 – Edited Transcript of BK.N earnings conference call or presentation 18-Jul-23 2:30pm GMT

Bank of New York Mellon Corp at Morgan Stanley US Financials, Payments, and CRE Conference Summary – 2023-06-12 – US$ 54.00 – Edited Brief of BK.N presentation 12-Jun-23 7:15pm GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Bank of New York Mellon Corp Q3 2023 Earnings Call Summary" Oct 17, 2023. Alacra Store. May 13, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Bank-of-New-York-Mellon-Corp-Earnings-Call-B15684663>
  
APA:
Thomson StreetEvents. (2023). Bank of New York Mellon Corp Q3 2023 Earnings Call Summary Oct 17, 2023. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Bank-of-New-York-Mellon-Corp-Earnings-Call-B15684663>
  
US$ 54.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.