BNY Q4 2024 diluted EPS $1.54 vs $0.21 a year earlier; revenue up 11% to $4.8 billion
BNY reported fourth-quarter 2024 results on January 15, 2025, with total revenue of $4.8 billion, up 11% from a year earlier, and diluted EPS of $1.54, compared with $0.21 in the fourth quarter of 2023. Results included $165 million of notable noninterest expense, and on an adjusted basis EPS was $1.72. The company said full-year 2024 net income was a record $4.3 billion, and it returned $1.1 billion to common shareholders in the quarter.
- Q4 2024 net income applicable to common shareholders was $1.13 billion, up from $162 million in Q4 2023
- Full-year 2024 diluted EPS was $5.80, or $6.03 adjusted, versus $3.89 in 2023
- Q4 capital returned to common shareholders totaled $1.1 billion, including $750 million of share repurchases and $349 million of dividends
- Q4 notable items included $165 million of noninterest expense, mainly severance and litigation reserves