Bank Historical Income Statement
| BK Stock | USD 59.57 0.04 0.07% |
Historical analysis of Bank of New York income statement accounts such as Interest Expense of 1.6 B or Selling General Administrative of 3.7 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.
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.
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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
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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.Total Revenue
Total revenue comprises all receipts Bank of New York generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank of New York. It is also known as Bank of New York 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.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 tightly coupled with the direction of predictive economic indicators such as signals in industry. At this time, Bank of New York's Total Other Income Expense Net is quite stable compared to the past year. Selling And Marketing Expenses is expected to rise to about 203.1 M this year, although the value of Operating Income is projected to rise to (1.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 227M | 3.6B | 2.3B | 1.6B | Depreciation And Amortization | 82M | 67M | 1.7B | 1.8B |
Bank of New York income statement Correlations
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Bank of New York Account Relationship Matchups
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Bank of New York income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 117M | 104M | 82M | 67M | 1.7B | 1.8B | |
| Interest Expense | 4.4B | 1.1B | 227M | 3.6B | 2.3B | 1.6B | |
| Selling General Administrative | 6.1B | 6.0B | 6.3B | 6.8B | 7.1B | 3.7B | |
| Total Revenue | 16.1B | 15.5B | 15.6B | 16.0B | 33.7B | 35.4B | |
| Gross Profit | 16.1B | 15.5B | 15.6B | 16.0B | 33.7B | 35.4B | |
| Other Operating Expenses | 10.5B | 11.0B | 11.0B | 7.5B | 29.8B | 31.3B | |
| Operating Income | 5.6B | 4.5B | 4.6B | 8.5B | (2M) | (1.9M) | |
| Ebit | 5.6B | 4.5B | 4.6B | 8.5B | (1.7B) | (1.6B) | |
| Ebitda | 5.7B | 4.6B | 4.7B | 8.6B | 55M | 52.3M | |
| Total Operating Expenses | (10.5B) | (11.0B) | (11.0B) | (7.5B) | 3.9B | 4.1B | |
| Income Before Tax | 5.6B | 4.5B | 4.6B | 3.3B | 4.1B | 2.7B | |
| Net Income | 4.4B | 3.6B | 3.8B | 2.6B | 3.3B | 1.8B | |
| Income Tax Expense | 1.1B | 842M | 877M | 768M | 800M | 599.9M | |
| Total Other Income Expense Net | 26M | 9M | 12M | (5.2B) | 4.1B | 4.3B | |
| Net Income Applicable To Common Shares | 4.3B | 3.4B | 3.6B | 2.4B | 2.7B | 2.5B | |
| Selling And Marketing Expenses | 213M | 105M | 107M | 152M | 183M | 203.1M | |
| Net Income From Continuing Ops | 4.5B | 3.6B | 3.8B | 2.6B | 3.6B | 3.4B | |
| Minority Interest | (12M) | 26M | 9M | 13M | (4M) | (3.8M) | |
| Non Operating Income Net Other | 70M | (13M) | 56M | 84M | 75.6M | 92.4M | |
| Tax Provision | 1.1B | 842M | 877M | 768M | 913M | 723.9M | |
| Net Interest Income | 3.2B | 3.0B | 2.6B | 3.5B | 4.3B | 3.6B | |
| Interest Income | 7.5B | 4.1B | 2.8B | 3.5B | 17.9B | 18.8B | |
| Reconciled Depreciation | 1.3B | 1.6B | 82M | 67M | 1.5B | 846.9M |
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Additional Information and Resources on Investing in Bank Stock
When determining whether Bank of New York is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bank Of New Stock. Highlighted below are key reports to facilitate an investment decision about Bank Of New Stock: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 tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 0.106 | Dividend Share 1.63 | Earnings Share 3.99 | Revenue Per Share 22.648 | Quarterly Revenue Growth 0.026 |
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.