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Bank of New York Mellon (LTS:0HLQ) Revenue : $17,444 Mil (TTM As of Dec. 2023)


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What is Bank of New York Mellon Revenue?

Bank of New York Mellon's revenue for the three months ended in Dec. 2023 was $4,367 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $17,444 Mil. Bank of New York Mellon's Revenue per Share for the three months ended in Dec. 2023 was $5.66. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $22.47.

Good Sign:

Bank of New York Mellon Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Bank of New York Mellon was 11.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Bank of New York Mellon's highest 3-Year average Revenue per Share Growth Rate was 25.20% per year. The lowest was -13.40% per year. And the median was 4.90% per year.


Bank of New York Mellon Revenue Historical Data

The historical data trend for Bank of New York Mellon's Revenue 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 Revenue Chart

Bank of New York Mellon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,088.00 15,472.00 15,633.00 16,034.00 17,293.00

Bank of New York Mellon Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial 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 4,278.00 4,361.00 4,285.00 4,367.00 4,431.00

Competitive Comparison of Bank of New York Mellon's Revenue

For the Asset Management subindustry, Bank of New York Mellon's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of New York Mellon's Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bank of New York Mellon's Revenue distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's Revenue falls into.



Bank of New York Mellon Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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 $17,444 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  (LTS:0HLQ) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Bank of New York Mellon Revenue Related Terms

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Bank of New York Mellon (LTS:0HLQ) Business Description

Traded in Other Exchanges
Address
240 Greenwich Street, New York, NY, USA, 10286
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.

Bank of New York Mellon (LTS:0HLQ) Headlines

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