Summary
The Bank of New York Mellon Corporation (BK) 2018 10-K filing highlights its position as a significant global financial institution with substantial assets under custody and administration ($33.1 trillion) and assets under management ($1.7 trillion) as of December 31, 2018. The company operates through two primary segments: Investment Services and Investment Management, supported by various U.S. and international banking and trust subsidiaries. The filing also details BNY Mellon's extensive property portfolio and its commitment to technological innovation and operational resiliency as key competitive differentiators. For investors, the report emphasizes the company's regulatory oversight and compliance framework, as detailed in the 'Supervision and Regulation' section. While specific financial performance figures are incorporated by reference to the full Annual Report, the 10-K establishes the operational scope and foundational structure of BNY Mellon. Key risk factors and competitive landscape are also outlined, underscoring the dynamic environment in which the company operates. The company's disclosure controls and procedures were deemed effective as of December 31, 2018.
Financial Highlights
40 data points| Revenue | $16.39B |
| Interest Expense | $2.82B |
| Net Income | $4.27B |
| EPS (Basic) | $4.06 |
| EPS (Diluted) | $4.04 |
| Shares Outstanding (Basic) | 1.00B |
| Shares Outstanding (Diluted) | 1.01B |
Key Highlights
- 1BNY Mellon holds $33.1 trillion in assets under custody and/or administration and $1.7 trillion in assets under management as of December 31, 2018.
- 2The company operates through two main business segments: Investment Services and Investment Management.
- 3BNY Mellon has a global presence with significant operations across the U.S., Europe (including a key subsidiary in Belgium), Poland, and India.
- 4The company's disclosure controls and procedures were evaluated and found to be effective as of December 31, 2018.
- 5BNY Mellon emphasizes investments in technological innovation and operational resiliency to maintain a competitive edge.
- 6The filing notes that the company's common stock is listed on the New York Stock Exchange under the ticker symbol BK.
- 7The company is subject to extensive regulation by various U.S. and non-U.S. authorities.