Bank of New York Mellon (BK) Earnings Q4 2009

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View BK Q4 Earnings Report

Highlights:

  • BNY Mellon reports Q4 continuing EPS of $0.59 or $712 million; net benefit of $0.04 due to discrete tax benefit and securities gains partially offset by a restructuring charge related to global efficiency initiatives and M&I expenses
  • Asset and wealth management fees +13 percent sequentially
  • $14 billion of net long-term asset flows
  • Completed acquisition of Insight Investment Management
  • Improved investment performance
  • Successfully completed restructuring of investment securities portfolio
  • Capital ratios remain strong
  • Tier 1 12.0 percent, Tier 1 Common 10.5 percent, TCE 5.2 percent

Earnings estimates from CNN Money

See how BK is performing right now

Bank of New York Mellon's website

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