The Bank of New York Mellon Corporation (BNY) announced its fourth quarter 2024 financial results, reporting earnings per common share (EPS) of $1.54 and adjusted EPS of $1.72. For the full year, EPS was $5.80, with adjusted EPS at $6.03. The company highlighted a record net income of $4.3 billion and record revenue of $18.6 billion for the year, reflecting a 23% return on tangible common equity. This performance was driven by significant operating leverage, leading to pre-tax margin and profitability expansion. BNY also returned $4.4 billion in capital to shareholders in 2024.