Discontinued — last reported Q3 '21
Business Segments · Noninterest expense
Investment Services — Noninterest expense
Bank of New York Mellon Investment Services — Noninterest expense increased by 7.7% to $2.21B in Q3 2021 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ3 2021
How to read this metric
Lower expenses relative to revenue indicate improved operational efficiency and better margins.
Detailed definition
The total operating costs incurred by the Investment Services segment, including personnel, technology, occupancy, and p...
Peer comparison
Standard metric for evaluating operational overhead across financial institutions.
Metric ID:
bk_segment_investment_services_noninterest_expenseHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $2.05B | $2.21B |
| QoQ Change | — | +7.7% |
Range$2.05B – $2.21B
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Frequently Asked Questions
- What is Bank of New York Mellon's investment services — noninterest expense?
- Bank of New York Mellon (BK) reported investment services — noninterest expense of $2.21B in Q3 2021.
- What does investment services — noninterest expense mean?
- The total operating costs of the Investment Services segment, excluding interest expenses.