SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'InterestExpense' BK (Bank of New York Mellon) Interest Expense
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bank of New York Mellon Corp (NYSE:BK) » Definitions » Interest Expense

Bank of New York Mellon (Bank of New York Mellon) Interest Expense

: $-16,303 Mil (TTM As of Dec. 2023)
View and export this data going back to 1969. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bank of New York Mellon's interest expense for the three months ended in Dec. 2023 was $ -4,862 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-16,303 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Bank of New York Mellon's Operating Income for the three months ended in Dec. 2023 was $ Mil. Bank of New York Mellon's Interest Expense for the three months ended in Dec. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bank of New York Mellon Interest Expense Historical Data

The historical data trend for Bank of New York Mellon's Interest Expense 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.

* Premium members only.

Bank of New York Mellon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4,360.00 -1,132.00 -227.00 -3,614.00 -16,303.00

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
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,141.00 -2,814.00 -4,124.00 -4,503.00 -4,862.00

Bank of New York Mellon Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16,303 Mil.

* 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 (Bank of New York Mellon) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bank of New York Mellon Corp (NYSE:BK) » Definitions » Interest Expense
Comparable Companies
AMP TROW ARES STT APO PFG NTRS CRBG CG BEN BLK BX KKR OSTO:INVE A TSX:BN OSTO:EQT XSWX:PGHN LSE:III BOM:543940 LSE:LGEN
Traded in Other Exchanges
BN9:Germany BN9:Germany BONY34:Brazil BK:Argentina
Address
240 Greenwich Street, New York, NY, USA, 10286
Website
https://www.bnymellon.com
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.
Executives
Catherine Keating officer: Sr. Exec. Vice President 75 STATE ST, BOSTON MA 02109
Hanneke Smits officer: Sr. Exec. Vice President 160 QUEEN VICTORIA STREET, THE BANK OF NEW YORK MELLON CENTRE, LONDON X0 EC4V 4LA
Jayee Koffey officer: Sr. Exec. Vice President 240 GREENWICH STREET, NEW YORK NY 10286
Kurtis R. Kurimsky officer: Acting Controller 225 LIBERTY STREET, NEW YORK NY 10286
J Kevin Mccarthy director, officer: SEVP & General Counsel THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Dermot Mcdonogh officer: Sr. Executive Vice President 240 GREENWICH STREET, NEW YORK NY 10286
Thomas P Gibbons officer: Sr. Executive Vice President THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Sandie O'connor director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
La Salla Francis J. officer: Sr. Executive Vice President 101 BARCLAY STREET, NEW YORK NY 10286
Jeffrey D Landau officer: Sr. Exec Vice President 200 PARK AVENUE, NEW YORK NY 10166
Marguerite Amy Gilliland director 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Kumara Guru Gowrappan director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robin A. Vince officer: Vice Chair 240 GREENWICH STREET, `, NEW YORK NY 10286
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Mitchell E. Harris officer: Sr. Executive Vice President 225 LIBERTY STREET, NEW YORK NY 10286