The Bank of New York Mellon Corporation (BK)

BNY Mellon Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	17,502	16,377	15,931	15,808	16,462
Revenue Growth (YoY)	6.87%	2.80%	0.78%	-3.97%	0.43%
Gross Profit	17,502	16,377	15,931	15,808	16,462
Selling, General & Admin	9,347	8,993	8,401	8,055	8,185
Other Operating Expenses	3,473	3,532	2,608	2,489	2,265
Operating Expenses	12,820	12,525	11,009	10,544	10,450
Operating Income	4,682	3,852	4,922	5,264	6,012
Other Expense / Income	596	511	286	805	451
Pretax Income	4,086	3,341	4,636	4,459	5,561
Income Tax	800	768	877	842	1,120
Net Income	3,286	2,573	3,759	3,617	4,441
Preferred Dividends	235	211	207	194	169
Net Income Common	3,051	2,362	3,552	3,423	4,272
Net Income Growth	29.17%	-33.50%	3.77%	-19.87%	4.27%
Shares Outstanding (Basic)	784	811	852	891	940
Shares Outstanding (Diluted)	788	815	856	893	943
Shares Change	-3.31%	-4.85%	-4.05%	-5.36%	-6.36%
EPS (Basic)	3.89	2.91	4.17	3.84	4.53
EPS (Diluted)	3.87	2.90	4.14	3.83	4.51
EPS Growth	33.45%	-29.95%	8.09%	-15.08%	11.63%
Free Cash Flow	4,692	13,767	1,657	3,816	-1,114
Free Cash Flow Per Share	5.98	16.97	1.95	4.28	-1.19
Dividend Per Share	1.580	1.420	1.300	1.240	1.180
Dividend Growth	11.27%	9.23%	4.84%	5.08%	13.46%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	26.75%	23.52%	30.90%	33.30%	36.52%
Profit Margin	17.43%	14.42%	22.30%	21.65%	25.95%
Free Cash Flow Margin	26.81%	84.06%	10.40%	24.14%	-6.77%
Effective Tax Rate	19.58%	22.99%	18.92%	18.88%	20.14%
EBITDA	5,834	4,977	6,503	6,089	6,876
EBITDA Margin	33.33%	30.39%	40.82%	38.52%	41.77%
Depreciation & Amortization	1,748	1,636	1,867	1,630	1,315
EBIT	4,086	3,341	4,636	4,459	5,561
EBIT Margin	23.35%	20.40%	29.10%	28.21%	33.78%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).