BNY Historical Income Statement
| LEO Stock | USD 6.41 0.02 0.31% |
Historical analysis of BNY Mellon income statement accounts such as Total Revenue of 77.1 M can show how well BNY Mellon Strategic performed in making a profits. Evaluating BNY Mellon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BNY Mellon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining BNY Mellon Strategic 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 BNY Mellon Strategic is a good buy for the upcoming year.
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About BNY Income Statement Analysis
BNY Mellon Strategic 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 BNY Mellon shareholders. The income statement also shows BNY 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).
BNY Mellon Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BNY Mellon Strategic. It is also known as BNY Mellon overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on BNY Mellon Strategic income statement and represents the costs associated with goods and services BNY Mellon provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from BNY Mellon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BNY Mellon Strategic 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, BNY Mellon's Income Before Tax is very stable compared to the past year. As of the 11th of December 2024, Total Other Income Expense Net is likely to grow to about 249.5 M, while Selling General Administrative is likely to drop about 393 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 27.9M | 22.3M | 20.1M | 24.8M | Interest Income | 30.2M | 28.6M | 32.9M | 26.1M |
BNY Mellon income statement Correlations
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BNY Mellon Account Relationship Matchups
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BNY Mellon income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | (30.5M) | (27.0M) | (25.9M) | 167.9K | 151.1K | 158.7K | |
| Interest Expense | 3.8M | 1.4M | 2.3M | 6.3M | 8.5M | 8.9M | |
| Selling General Administrative | 495.5K | 570.7K | 559.9K | 483.6K | 413.7K | 393.0K | |
| Total Revenue | 7.9M | 47.3M | (111.2M) | 5.2M | 73.5M | 77.1M | |
| Gross Profit | 7.9M | 47.3M | (111.2M) | 5.2M | 73.5M | 77.1M | |
| Other Operating Expenses | 63.3K | 10.8K | 37.9K | 36.5K | 73.5M | 77.1M | |
| Operating Income | 8.0M | 47.3M | (108.9M) | 5.1M | (164.1M) | (155.9M) | |
| Ebit | 8.0M | 47.3M | (108.9M) | 5.1M | 4.6M | 4.4M | |
| Ebitda | 8.0M | 47.3M | (108.9M) | 5.1M | 4.6M | 4.4M | |
| Total Operating Expenses | (63.3K) | (10.8K) | 37.9K | 36.5K | 73.5M | 77.1M | |
| Income Before Tax | 8.0M | 47.3M | (111.3M) | 5.1M | 73.5M | 77.2M | |
| Total Other Income Expense Net | (3.8M) | (1.4M) | (2.3M) | (6.3M) | 237.6M | 249.5M | |
| Net Income | 8.0M | 47.3M | (111.3M) | 5.1M | 73.5M | 77.2M | |
| Net Income From Continuing Ops | 8.0M | 47.3M | (111.3M) | 5.1M | 4.6M | 8.6M | |
| Cost Of Revenue | 3.8M | 1.4M | 4.1M | 3.6M | 4.2M | 2.3M | |
| Net Income Applicable To Common Shares | 51.2M | 6.7M | 47.1M | (112.0M) | (100.8M) | (95.8M) | |
| Income Tax Expense | 26.7M | 25.5M | 25.9M | 11.4M | 13.2M | 13.8M | |
| Interest Income | 18.7M | 31.6M | 30.2M | 28.6M | 32.9M | 26.1M | |
| Net Interest Income | 31.1M | 30.2M | 27.9M | 22.3M | 20.1M | 24.8M |
Pair Trading with BNY Mellon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BNY Mellon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BNY Mellon will appreciate offsetting losses from the drop in the long position's value.Moving against BNY Stock
| 0.68 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.62 | AMP | Ameriprise Financial Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.6 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.58 | WAVS | Western Acquisition | PairCorr |
| 0.52 | MA | Mastercard | PairCorr |
The ability to find closely correlated positions to BNY Mellon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BNY Mellon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BNY Mellon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BNY Mellon Strategic to buy it.
The correlation of BNY Mellon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BNY Mellon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BNY Mellon Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BNY Mellon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 BNY Mellon. If investors know BNY 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 BNY Mellon 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 0.569 | Earnings Share 1.18 | Revenue Per Share 0.479 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0228 |
The market value of BNY Mellon Strategic is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon'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 BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon'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 BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon'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.