Categories AlphaGraphs, Earnings, Finance

Bank of New York Mellon Corporation (BK) Earnings: 3Q22 Key Numbers

The Bank of New York Mellon Corporation (NYSE: BK) reported its third quarter 2022 earnings results today.

Total revenue increased 6% year-over-year to $4.3 billion.

Net income applicable to common shareholders dropped 64% to $319 million and GAAP EPS fell 63% to $0.39 compared to last year. Adjusted EPS rose 11% to $1.21.

Assets under management decreased 23% to $1.8 trillion, mainly due to market impacts.

Prior performance

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