Bank of New York Mellon GAAP EPS of $0.86 Beats by $0.01, Revenue of $3.93B Misses by $10M
Seeking Alpha2022-04-18
- Bank of New York Mellon Q1 GAAP EPS of $0.86 beats by $0.01.
- Revenue of $3.93B (+0.3% Y/Y)misses by $10M.
- AUC/A of $45.5 trillion, increased 9%
- AUM of $2.3 trillion, increased 2%
- Provision for credit losses was $2 million compared with a benefit of $83 million.
- Return on common equity (“ROE”) – 8%; Return on tangible common equity (“ROTCE”) – 15% (b).
- Common Equity Tier 1 (“CET1”) ratio – 10.1%.
- Tier 1 leverage ratio – 5.3%.
- Average liquidity coverage ratio (“LCR”) – 109%.
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