Bank of New York Mellon (BK) Revenue & Revenue Breakdown
Bank of New York Mellon Revenue Highlights
Latest Revenue (Y)
$33.73B
Latest Revenue (Q)
$4.60B
Main Segment (Y)
Financial Service
Main Geography (Y)
UNITED STATES
Bank of New York Mellon Revenue by Period
Bank of New York Mellon Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $33.73B | 110.39% |
| 2022-12-31 | $16.03B | 2.57% |
| 2021-12-31 | $15.63B | 1.04% |
| 2020-12-31 | $15.47B | -3.83% |
| 2019-12-31 | $16.09B | 6.37% |
| 2018-12-31 | $15.12B | - |
| 2017-12-31 | $15.12B | 1.97% |
| 2016-12-31 | $14.83B | 0.13% |
| 2015-12-31 | $14.81B | -2.95% |
| 2014-12-31 | $15.26B | 4.92% |
| 2013-12-31 | $14.55B | -0.05% |
| 2012-12-31 | $14.55B | -8.29% |
| 2011-12-31 | $15.87B | 17.57% |
| 2010-12-31 | $13.50B | 86.69% |
| 2009-12-31 | $7.23B | -44.96% |
| 2008-12-31 | $13.13B | 19.35% |
| 2007-12-31 | $11.01B | 136.06% |
| 2006-12-31 | $4.66B | -32.09% |
| 2005-12-31 | $6.87B | 8.35% |
| 2004-12-31 | $6.34B | 12.84% |
| 2003-12-31 | $5.62B | 16.78% |
| 2002-12-31 | $4.81B | -7.91% |
| 2001-12-31 | $5.22B | 4.86% |
| 2000-12-31 | $4.98B | -4.14% |
| 1999-12-31 | $5.19B | 32.03% |
| 1998-12-31 | $3.93B | -1.45% |
| 1997-12-31 | $3.99B | -2.42% |
| 1996-12-31 | $4.09B | 16.06% |
| 1995-12-31 | $3.52B | 17.27% |
| 1994-12-31 | $3.01B | 6.75% |
| 1993-12-31 | $2.82B | - |
Bank of New York Mellon generated $33.73B in revenue during NA 2023, up 110.39% compared to the previous quarter, and up 223.05% compared to the same period a year ago.
Bank of New York Mellon Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $4.60B | 3.75% |
| 2024-03-31 | $4.43B | 1.47% |
| 2023-12-31 | $4.37B | 1.91% |
| 2023-09-30 | $4.29B | -1.74% |
| 2023-06-30 | $4.36B | 0.69% |
| 2023-03-31 | $4.33B | 13.02% |
| 2022-12-31 | $3.83B | -8.57% |
| 2022-09-30 | $4.19B | 0.65% |
| 2022-06-30 | $4.16B | 8.24% |
| 2022-03-31 | $3.85B | -2.36% |
| 2021-12-31 | $3.94B | -0.48% |
| 2021-09-30 | $3.96B | 1.85% |
| 2021-06-30 | $3.89B | 1.04% |
| 2021-03-31 | $3.85B | 2.10% |
| 2020-12-31 | $3.77B | 0.16% |
| 2020-09-30 | $3.76B | -4.15% |
| 2020-06-30 | $3.92B | -2.29% |
| 2020-03-31 | $4.02B | -14.28% |
| 2019-12-31 | $4.69B | 24.50% |
| 2019-09-30 | $3.76B | -1.72% |
| 2019-06-30 | $3.83B | 0.58% |
| 2019-03-31 | $3.81B | 5.14% |
| 2018-12-31 | $3.62B | -8.77% |
| 2018-09-30 | $3.97B | -1.54% |
| 2018-06-30 | $4.03B | -0.98% |
| 2018-03-31 | $4.07B | 12.42% |
| 2017-12-31 | $3.62B | -7.29% |
| 2017-09-30 | $3.91B | 1.43% |
| 2017-06-30 | $3.85B | 2.91% |
| 2017-03-31 | $3.74B | 1.38% |
| 2016-12-31 | $3.69B | -3.75% |
| 2016-09-30 | $3.84B | 4.41% |
| 2016-06-30 | $3.67B | 1.21% |
| 2016-03-31 | $3.63B | -0.11% |
| 2015-12-31 | $3.63B | -1.65% |
| 2015-09-30 | $3.69B | -2.51% |
| 2015-06-30 | $3.79B | 0.99% |
| 2015-03-31 | $3.75B | 4.63% |
| 2014-12-31 | $3.59B | -2.21% |
| 2014-09-30 | $3.67B | 0.96% |
| 2014-06-30 | $3.63B | 2.63% |
| 2014-03-31 | $3.54B | 1.11% |
| 2013-12-31 | $3.50B | -4.32% |
| 2013-09-30 | $3.66B | -6.13% |
| 2013-06-30 | $3.90B | 11.15% |
| 2013-03-31 | $3.51B | -0.06% |
| 2012-12-31 | $3.51B | -4.52% |
| 2012-09-30 | $3.67B | 1.60% |
| 2012-06-30 | $3.62B | -0.80% |
| 2012-03-31 | $3.65B | 22.02% |
| 2011-12-31 | $2.99B | -19.11% |
| 2011-09-30 | $3.69B | -1.55% |
| 2011-06-30 | $3.75B | 2.91% |
| 2011-03-31 | $3.65B | 8.06% |
| 2010-12-31 | $3.37B | -1.43% |
| 2010-09-30 | $3.42B | 1.94% |
| 2010-06-30 | $3.36B | -7.34% |
| 2010-03-31 | $3.62B | 26.62% |
| 2009-12-31 | $2.86B | 299.72% |
| 2009-09-30 | $716.00M | -75.34% |
| 2009-06-30 | $2.90B | -0.89% |
| 2009-03-31 | $2.93B | 25.48% |
| 2008-12-31 | $2.33B | -35.60% |
| 2008-09-30 | $3.63B | 6.74% |
| 2008-06-30 | $3.40B | -9.29% |
| 2008-03-31 | $3.75B | 7.89% |
| 2007-12-31 | $3.47B | - |
Bank of New York Mellon generated $4.60B in revenue during Q2 2024, up 3.75% compared to the previous quarter, and up 106.14% compared to the same period a year ago.
Bank of New York Mellon Revenue Breakdown
Bank of New York Mellon Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Securities Services Segment | $8.03B | $7.24B | - | - | - |
| Market and Wealth Services Segment | $5.28B | $4.74B | - | - | - |
| Distribution and Shareholder Service | $130.00M | - | - | - | - |
| Investment Advisory, Management and Administrative Service | $3.30B | - | - | - | - |
| Investment and Wealth Management Segment | $3.55B | $4.04B | $3.69B | - | - |
| Financial Service | $8.49B | - | - | - | - |
| Other Segments | $-474.00M | $-108.00M | $-74.00M | $728.00M | $21.00M |
| Investment Services Segment | - | - | $12.18B | $11.99B | $12.30B |
| Investment Management Segment | - | - | - | $3.72B | $4.08B |
Bank of New York Mellon's latest annual revenue breakdown by segment (product or service), as of Dec 22: Financial Service (29.99%), Securities Services Segment (28.37%), Market and Wealth Services Segment (18.66%), Investment and Wealth Management Segment (12.54%), Investment Advisory, Management and Administrative Service (11.65%), Distribution and Shareholder Service (0.46%), and Other Segments (-1.67%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Service | $2.34B | $2.26B | $2.22B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Distribution and Shareholder Service | $41.00M | $42.00M | $39.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment Advisory, Management and Administrative Service | $765.00M | $772.00M | $776.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Segments | - | - | - | $-45.00M | $-47.00M | $-478.00M | $-24.00M | $40.00M | $-12.00M | $-17.00M | $-3.00M | $-23.00M | $-65.00M | $-57.00M | $-5.00M | $2.00M | $-14.00M | $803.00M | $-76.00M | $1.00M |
| Investment and Wealth Management Segment | - | - | - | $813.00M | $827.00M | $825.00M | $862.00M | $899.00M | $964.00M | $1.02B | $1.03B | $999.00M | $991.00M | $990.00M | $918.00M | $886.00M | - | - | - | - |
| Market and Wealth Services | - | - | - | $1.45B | $1.47B | $1.37B | $1.31B | $1.20B | - | - | - | - | - | - | - | - | - | - | - | - |
| Securities Services Segment | - | - | - | $2.24B | $2.12B | $2.17B | $2.07B | $2.01B | $1.78B | - | - | - | - | - | - | - | - | - | - | - |
| Investment Services Segment | - | - | - | - | - | - | - | - | - | - | $3.01B | $2.98B | $2.99B | $2.90B | $2.93B | $3.11B | $3.24B | $2.99B | $3.04B | $3.00B |
| Investment Management Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $898.00M | $975.00M | $890.00M | $917.00M |
Bank of New York Mellon's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Financial Service (74.38%), Investment Advisory, Management and Administrative Service (24.32%), and Distribution and Shareholder Service (1.30%).
Bank of New York Mellon Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Other Countries | $805.00M | $744.00M | $698.00M | $737.00M | $684.00M |
| Asia Pacific | $1.13B | $1.14B | $1.17B | $1.16B | $1.10B |
| Non-US | $5.89B | $6.01B | $5.83B | $5.73B | $6.04B |
| EMEA | $3.95B | $4.12B | $3.96B | $3.83B | - |
| UNITED STATES | $10.49B | $9.92B | $9.98B | $10.73B | $10.35B |
| Europe Middle East And Africa | - | - | - | - | $4.25B |
Bank of New York Mellon's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (47.12%), Non-US (26.44%), EMEA (17.76%), Asia Pacific (5.06%), and Other Countries (3.62%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Sep 23 |
|---|---|---|---|
| Total Segments | $4.59B | $4.53B | $4.37B |
Bank of New York Mellon's latest quarterly revenue breakdown by geography, as of Jun 24: Total Segments (100.00%).
Bank of New York Mellon Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BK | Bank of New York Mellon | $33.73B | $4.60B |
| BLK | BlackRock | $18.56B | $4.97B |
| AMP | Ameriprise Financial | $15.54B | $4.39B |
| PFG | Principal Financial Group | $13.67B | $4.31B |
| NTRS | Northern Trust | $12.12B | $4.70B |
| STT | State Street | $11.95B | $5.45B |
| BEN | Franklin Resources | $7.85B | $2.12B |
| TROW | T. Rowe Price Group | $6.46B | $1.73B |
| IVZ | Invesco | $5.72B | $1.48B |
| JHG | Janus Henderson Group | $2.15B | $596.90M |
| ARCC | Ares Capital | $2.08B | $767.00M |
| SEIC | SEI Investments Company | $1.92B | $519.65M |
| MAIN | Main Street Capital | $500.38M | $141.46M |
| BX | Blackstone | - | $2.87B |
| AMG | Affiliated Managers Group | - | $500.30M |
BK Revenue FAQ
What is Bank of New York Mellon’s yearly revenue?
Bank of New York Mellon's yearly revenue for 2023 was $33.73B, representing an increase of 110.39% compared to 2022. The company's yearly revenue for 2022 was $16.03B, representing an increase of 2.57% compared to 2021. BK's yearly revenue for 2021 was $15.63B, representing an increase of 1.04% compared to 2020.
What is Bank of New York Mellon’s quarterly revenue?
Bank of New York Mellon's quarterly revenue for Q2 2024 was $4.6B, a 3.75% increase from the previous quarter (Q1 2024), and a 5.41% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.43B, a 1.47% increase from the previous quarter (Q4 2023), and a 2.31% increase year-over-year (Q1 2023). BK's quarterly revenue for Q4 2023 was $4.37B, a 1.91% increase from the previous quarter (Q3 2023), and a 13.96% increase year-over-year (Q4 2022).
What is Bank of New York Mellon’s revenue growth rate?
Bank of New York Mellon's revenue growth rate for the last 3 years (2021-2023) was 115.79%, and for the last 5 years (2019-2023) was 109.68%.
What are Bank of New York Mellon’s revenue streams?
Bank of New York Mellon's revenue streams in c 22 are Securities Services Segment, Market and Wealth Services Segment, Distribution and Shareholder Service, Investment Advisory, Management and Administrative Service, Investment and Wealth Management Segment, Financial Service, and Other Segments. Securities Services Segment generated $8.03B in revenue, accounting 28.37% of the company's total revenue, up 10.88% year-over-year. Market and Wealth Services Segment generated $5.28B in revenue, accounting 18.66% of the company's total revenue, up 11.41% year-over-year. Distribution and Shareholder Service generated $130M in revenue, accounting 0.46% of the company's total revenue Investment Advisory, Management and Administrative Service generated $3.3B in revenue, accounting 11.65% of the company's total revenue Investment and Wealth Management Segment generated $3.55B in revenue, accounting 12.54% of the company's total revenue, down -12.17% year-over-year. Financial Service generated $8.49B in revenue, accounting 29.99% of the company's total revenue Other Segments generated $-474M in revenue, accounting -1.67% of the company's total revenue, up 338.89% year-over-year.
What is Bank of New York Mellon’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Bank of New York Mellon was Financial Service. This segment made a revenue of $8.49B, representing 29.99% of the company's total revenue.