Investing.com - Bank of NY Mellon announced first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The company reported earnings per share of $1.29 on revenue of $4.53B. Analysts polled by Investing.com forecast EPS of $1.19 on revenue of $4.38B. .
Bank of NY Mellon stock's are up 5% from the beginning of the year , still down 5.44% from its 52 week high of $58.27 set on Thursday, April 4, 2024.
Bank of NY Mellon follows other major Financial sector earnings this month
On Friday, JPMorgan reported first quarter EPS of $4.63 on revenue of $42.5B, compared to a forecasts for EPS of $4.19 on revenue of $41.84B.
Industrial Commercial Bank of China earnings beat analysts' expectations on Wednesday, March 27, 2024, with first quarter EPS of $0.678 on revenue of $25.31B. Investing.com analysts forecast EPS of $0.642 on revenue of $26.4B
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