Investing.com - Bank of NY Mellon (NYSE:BK) announced fourth quarter earnings that matched analysts' expectations on Tuesday and revenue that topped forecasts.
The company reported earnings per share of $1.01 on revenue of $4.02B. Analysts polled by Investing.com forecast EPS of $1.01 on revenue of $3.97B. .
Bank of NY Mellon stock's are up 9.5% from the beginning of the year , down-from-52-week-high.
Bank of NY Mellon follows other major Financial sector earnings this month
On Friday, JPMorgan reported fourth quarter EPS of $3.33 on revenue of $29.26B, was in comparison with a forecasts for EPS of $3.01 on revenue of $29.78B.
Wells Fargo&Co earnings beat analysts' expectations on Friday, with fourth quarter EPS of $1.38 on revenue of $20.86B. Investing.com analysts forecast EPS of $1.11 on revenue of $18.84B
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