MAAT INDEX

CLAIM #10387 · BK (BK) · 2024Q4 earnings call · Jan 15, 2025 · due Dec 31, 2025

So, incremental revenue for '25 of $60 million to $70 million

Dermot McDonogh · CFO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

ment management LDI business, our cash strategies and so the firm across the breadth of who we are is really able to capitalize in a lot of different ways back to this point on growth and activity. Thomas Leddy: Thank you. That's helpful and thank you guys for taking my question. Dermot McDonogh: Thank you. Operator: And our final question comes from the line of Brian Bedell with Deutsche Bank. Brian Bedell: Great. Thanks for taking my follow-ups. Just wanted to circle back on Wove. I think, Dermot, you mentioned -- and maybe I missed this, you said you had a revenue guide. I saw the $75 million of exit in exit rate annualized in '24. Did I miss the actual guide for '25 or is that the off-boarding point? And maybe if you can just talk about just general progress that was? Dermot McDonogh: So, incremental revenue for '25 of $60 million to $70 million and I would say we're very pleased 36 clients on the platform, 41 kind of signed contracts and in the prepared remarks, we kind of talked about the proliferation of products that we announced at Insight last summer. So becoming more sophisticated and clients really liking what they're seeing. Brian Bedell: Got it. And then 67 is incremental to the 30 of '24. Is that correct? Dermot McDonogh: Yeah, that's correct. Brian Bedell: Got it. Okay. Great. Thank you. Operator: And with that, that does conclude our question-and-answer session for today. I would now like to hand the call back over to Robin for any additional or closing remarks. Robin Vince: Thank you, operator, and thanks, everyone, for your time today. We appreciate your interest in BNY. Please reach out to Marius and the IR team i

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SEC filings for BK · Claim quote is verbatim from the 2024Q4 earnings call.