Bank of New York Mellon Corp
For the period ended Mar 31, 2025. Filed May 2, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 2, 2025
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Income taxes
BNY recorded an income tax provision of $300 million (19.7% effective tax rate) in the first quarter of 2025. The income tax provision was $297 million (22.4% effective tax rate) in the first quarter of 2024 and $315 million (21.4% effective tax rate) in the fourth quarter of 2024.
For additional information on income taxes, see Note 10 of the Notes to Consolidated Financial Statements.
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