Bank of New York Mellon's Total Assets for the quarter that ended in Dec. 2023 was $409,953 Mil.
During the past 12 months, Bank of New York Mellon's average Total Assets Growth Rate was 13.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.
During the past 13 years, Bank of New York Mellon's highest 3-Year average Total Assets Growth Rate was 12.80%. The lowest was -7.70%. And the median was 5.60%.
Total Assets is connected with ROA %. Bank of New York Mellon's annualizedROA % for the quarter that ended in Dec. 2023 was 0.20%. Total Assets is also linked to Revenue through Asset Turnover. Bank of New York Mellon's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.
Bank of New York Mellon Total Assets Historical Data
The historical data trend for Bank of New York Mellon's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Bank of New York Mellon Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Assets
381,508.00
469,633.00
444,438.00
405,783.00
409,953.00
Bank of New York Mellon Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
405,783.00
425,112.00
430,382.00
405,248.00
409,953.00
Bank of New York Mellon Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Bank of New York Mellon's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bank of New York Mellon (NYSE:BK) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Bank of New York Mellon's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Bank of New York Mellon Total Assets Related Terms
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Bank of New York Mellon (Bank of New York Mellon) Business Description
BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $44.3 trillion in under custody and administration (as of Dec. 31, 2022), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $1.8 trillion in assets.
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