BNY's Q3 EPS rises on broad-based platform growth, client demand
BK•BNY reported Q3 revenue of $5.68 billion, up 12% year over year, and diluted EPS of $2.34, up 24%. The company returned $1.4 billion to shareholders through dividends and share repurchases.
1. Quarterly results
BNY's third-quarter revenue rose 12% year over year to $5.68 billion, while diluted EPS increased 24% to $2.34. Net interest income was $1.42 billion, fee revenue was $4.08 billion and the CET1 capital ratio was 10.90%.
2. Growth and capital returns
The company said growth reflected platform expansion and healthy client demand across products, segments and regions. BNY launched several solutions during the quarter and returned $1.4 billion to shareholders through dividends and share repurchases. It did not provide specific financial guidance for future quarters or the full year.
