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Net Income, AuM Rises At BNY Mellon

Editorial Staff

20 January 2022

of $4.14 was up 8 per cent year-over-year as the benefits of a supportive market backdrop and a benign credit environment together with our meaningfully improved organic growth more than offset the stiff headwind of lower interest rates. Having started 2021 with a significant amount of excess capital combined with our strong capital generation throughout the year allowed us to return $5.7 billion – or 160 per cent of earnings – to our shareholders through common dividends and share repurchases,” he said. 

Pershing, the business providing custody and other specialist services to financial institutions including wealth managers, logged $553 million in total revenues for Q4, slipping 2 per cent on a year before.

The group said the Common Equity Tier 1 ratio – an important measure of a bank’s capital buffer – stood at 11.1 per cent at the end of December.