Bank of New York Mellon Corp Q4 2020 Earnings Call Summary - Thomson StreetEvents

Bank of New York Mellon Corp Q4 2020 Earnings Call Summary

Bank of New York Mellon Corp Q4 2020 Earnings Call Summary - Thomson StreetEvents
Bank of New York Mellon Corp Q4 2020 Earnings Call Summary
Published Jan 20, 2021
21 pages (10747 words) — Published Jan 20, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of BK.N earnings conference call or presentation 20-Jan-21 1:00pm GMT

  
Brief Excerpt:

...A. Highlights: Revenue, $3.8b. 1. 2. EPS, $0.79 or $0.96 after excluding notable items. 3. Adjusted 2020 results: EPS, $4.01. a. Flat to prior year. i. b. Revenues, $15.9b. c. Fee revenue increased over 5%, excluding notable items and almost $370m impact of fee waivers in 2020. d. Expenses flat as cost discipline and productivity gains essentially offset incremental investment and operating margin was solid at 30%. 4. Has lower risk fee-based business model that positioned Co. well for this environment. Had no net charge-offs. a. b. Delivered strong results in two rounds of Federal Reserve stress tests announced in June and Dec. c. Model is highly capital generative. d. Common Equity Tier 1 ratio increased to 13.1% from 11.5%. 5. Shared 2020 priorities a year ago. Throughout pandemic, Co. supported employees, clients and communities. a. b. Provided infrastructure for several critical government programs for COVID relief including: i. Term Asset-Backed Securities Loan Facility. ii. Municipal...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Bank of New York Mellon Corp
Ticker
BK.N
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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Bank of New York Mellon Corp Q4 2020 Earnings Call Transcript – 2021-01-20 – US$ 54.00 – Edited Transcript of BK.N earnings conference call or presentation 20-Jan-21 1:00pm GMT

Bank of New York Mellon Corp at Goldman Sachs Financial Services Conference (Virtual) Transcript – 2020-12-09 – US$ 54.00 – Edited Transcript of BK.N presentation 9-Dec-20 1:40pm GMT

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Bank of New York Mellon Corp Q3 2020 Earnings Call Summary – 2020-10-16 – US$ 54.00 – Edited Brief of BK.N earnings conference call or presentation 16-Oct-20 12:00pm GMT

Bank of New York Mellon Corp Q3 2020 Earnings Call Transcript – 2020-10-16 – US$ 54.00 – Edited Transcript of BK.N earnings conference call or presentation 16-Oct-20 12:00pm GMT

Bank of New York Mellon Corp at Barclays Global Financials New York Conference (Virtual) Transcript – 2020-09-15 – US$ 54.00 – Edited Transcript of BK.N presentation 15-Sep-20 11:30am GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Bank of New York Mellon Corp Q4 2020 Earnings Call Summary" Jan 20, 2021. Alacra Store. May 14, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2020-Bank-of-New-York-Mellon-Corp-Earnings-Call-B13478086>
  
APA:
Thomson StreetEvents. (2021). Bank of New York Mellon Corp Q4 2020 Earnings Call Summary Jan 20, 2021. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2020-Bank-of-New-York-Mellon-Corp-Earnings-Call-B13478086>
  
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