BNY Reports Strong Q1 Earnings, Still Sees Trouble Ahead In Uncertain Economy

Bank of New York Mellon Corporation (NYSE:BK) shares are trading lower in Friday’s premarket session after the company reported its first-quarter 2025 results.

The firm reported first-quarter adjusted earnings per share of $1.58 (+26% YoY), beating the street view of $1.51.

Quarterly revenue of $4.972 billion, an increase of 6% year-over-year, surpassed the analyst consensus of $4.771 billion.

Fee revenue in the quarter grew 3% YoY to $3.403 billion. Net interest income rose 11% YoY, mainly due to reinvesting maturing securities at higher yields, though partially offset by shifts in the deposit mix.

Noninterest expense grew 2%, driven mainly by increased investments and employee merit raises, partially offset by efficiency-related cost savings.

Related: Bank of New York Mellon Earnings Are Imminent; These Most Accurate ...

https://www.benzinga.com/news/earnings/25/04/44760925/bny-reports-strong-q1-earnings-still-sees-trouble-ahead-in-uncertain-economy