Bank Historical Income Statement

BK Stock  USD 86.50  0.46  0.53%   
Historical analysis of Bank of New York income statement accounts such as Interest Expense of 19.7 B or Selling General Administrative of 8.2 B can show how well Bank of New performed in making a profits. Evaluating Bank of New York income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bank of New York's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Bank of New York latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bank of New York is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

About Bank Income Statement Analysis

Bank of New York Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Bank of New York shareholders. The income statement also shows Bank investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Bank of New York Income Statement Chart

At this time, Bank of New York's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 7.8 B this year, although the value of Income Before Tax will most likely fall to about 2.7 B.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Bank of New York operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bank of New is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Bank of New York's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bank of New York current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, Bank of New York's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 7.8 B this year, although the value of Income Before Tax will most likely fall to about 2.7 B.
 2022 2023 2024 2025 (projected)
Interest Expense3.6B16.3B18.7B19.7B
Depreciation And Amortization1.6B1.7B2.0B2.1B

Bank of New York income statement Correlations

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0.510.520.520.510.280.60.020.42-0.290.53-0.020.3-0.14-0.550.080.98-0.15-0.45-0.24-0.39-0.330.840.99-0.08-0.59
0.380.520.990.990.180.780.520.69-0.370.180.630.740.460.090.860.470.11-0.01-0.45-0.46-0.320.430.51-0.26-0.47
0.380.520.991.00.210.760.540.7-0.370.190.670.790.470.130.870.480.14-0.02-0.49-0.48-0.290.420.53-0.2-0.47
0.380.510.991.00.210.760.550.7-0.370.190.680.790.480.140.880.460.14-0.01-0.49-0.48-0.280.410.51-0.2-0.46
-0.240.280.180.210.210.0-0.04-0.060.190.610.080.110.210.370.130.340.290.390.090.20.170.330.340.580.42
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0.230.020.520.540.55-0.040.550.8-0.77-0.220.760.650.360.030.67-0.05-0.05-0.09-0.62-0.360.120.20.05-0.03-0.44
0.690.420.690.70.7-0.060.820.8-0.8-0.120.610.820.06-0.290.60.330.02-0.48-0.8-0.65-0.270.40.45-0.24-0.73
-0.38-0.29-0.37-0.37-0.370.19-0.67-0.77-0.80.17-0.32-0.41-0.040.47-0.3-0.190.380.410.560.35-0.12-0.31-0.30.250.72
-0.140.530.180.190.190.610.05-0.22-0.120.17-0.17-0.080.08-0.010.00.620.160.10.180.09-0.080.470.540.30.22
0.27-0.020.630.670.680.080.450.760.61-0.32-0.170.850.580.430.83-0.090.32-0.01-0.66-0.50.020.120.020.03-0.28
0.590.30.740.790.790.110.670.650.82-0.41-0.080.850.250.150.750.220.36-0.29-0.8-0.71-0.270.250.35-0.11-0.51
-0.38-0.140.460.470.480.210.060.360.06-0.040.080.580.250.650.64-0.120.080.50.00.070.44-0.12-0.130.090.15
-0.56-0.550.090.130.140.37-0.380.03-0.290.47-0.010.430.150.650.45-0.50.420.740.180.280.32-0.52-0.510.350.64
0.160.080.860.870.880.130.570.670.6-0.30.00.830.750.640.450.030.250.21-0.47-0.36-0.120.10.08-0.11-0.23
0.420.980.470.480.460.340.48-0.050.33-0.190.62-0.090.22-0.12-0.50.03-0.12-0.37-0.12-0.29-0.30.810.98-0.01-0.45
0.14-0.150.110.140.140.290.01-0.050.020.380.160.320.360.080.420.25-0.12-0.04-0.44-0.5-0.16-0.09-0.110.190.36
-0.85-0.45-0.01-0.02-0.010.39-0.44-0.09-0.480.410.1-0.01-0.290.50.740.21-0.37-0.040.640.70.31-0.4-0.440.350.69
-0.74-0.24-0.45-0.49-0.490.09-0.71-0.62-0.80.560.18-0.66-0.80.00.18-0.47-0.12-0.440.640.90.19-0.33-0.260.190.57
-0.75-0.39-0.46-0.48-0.480.2-0.66-0.36-0.650.350.09-0.5-0.710.070.28-0.36-0.29-0.50.70.90.33-0.38-0.390.290.62
-0.62-0.33-0.32-0.29-0.280.17-0.380.12-0.27-0.12-0.080.02-0.270.440.32-0.12-0.3-0.160.310.190.33-0.29-0.310.30.29
0.490.840.430.420.410.330.610.20.4-0.310.470.120.25-0.12-0.520.10.81-0.09-0.4-0.33-0.38-0.290.830.08-0.47
0.510.990.510.530.510.340.570.050.45-0.30.540.020.35-0.13-0.510.080.98-0.11-0.44-0.26-0.39-0.310.830.0-0.56
-0.36-0.08-0.26-0.2-0.20.58-0.43-0.03-0.240.250.30.03-0.110.090.35-0.11-0.010.190.350.190.290.30.080.00.48
-0.72-0.59-0.47-0.47-0.460.42-0.74-0.44-0.730.720.22-0.28-0.510.150.64-0.23-0.450.360.690.570.620.29-0.47-0.560.48
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Bank of New York Account Relationship Matchups

Bank of New York income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization1.6B1.9B1.6B1.7B2.0B2.1B
Interest Expense1.1B227M3.6B16.3B18.7B19.7B
Selling General Administrative6.0B6.3B6.8B6.8B7.9B8.2B
Total Revenue15.5B15.6B16.0B17.3B19.9B20.9B
Gross Profit15.5B15.6B16.0B17.3B19.9B20.9B
Other Operating Expenses(11.0B)(11.0B)(7.5B)10.9B12.5B13.2B
Operating Income4.5B4.6B8.5B6.5B7.5B7.8B
Ebit4.5B4.6B3.3B4.1B4.7B2.4B
Ebitda6.1B6.5B5.0B5.8B6.7B7.0B
Total Operating Expenses(11.0B)(11.0B)(7.5B)17.3B15.6B16.3B
Income Before Tax4.5B4.6B3.3B4.1B4.7B2.7B
Net Income3.6B3.8B2.6B3.3B3.8B4.0B
Income Tax Expense842M877M768M800M920M599.9M
Total Other Income Expense Net(1.6B)(1.6B)(2.6B)(2.4B)(2.8B)(2.6B)
Net Income Applicable To Common Shares4.3B3.4B3.6B2.4B2.7B2.5B
Selling And Marketing Expenses105M107M152M4.1B4.7B4.9B
Net Income From Continuing Ops3.6B3.8B2.6B3.6B4.2B8.0B
Tax Provision842M877M768M913M821.7M723.9M
Net Interest Income3.0B2.6B3.5B4.3B4.9B3.6B
Interest Income4.1B2.8B3.5B17.9B20.6B21.6B
Reconciled Depreciation1.6B82M67M1.5B1.4B846.9M

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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of New York. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.22
Earnings Share
5.8
Revenue Per Share
23.65
Quarterly Revenue Growth
0.047
Return On Assets
0.0086
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.