Investing.com - Bank of NY Mellon announced second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The company reported earnings per share of $1.30 on revenue of $4.45B. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $4.37B. .
Bank of NY Mellon stock's are down 4% since the start of the year , still down 16.69% from its 52 week high of $52.26 set on Tuesday, February 14, 2023.
Bank of NY Mellon follows other major Financial sector earnings this month
On Friday, JPMorgan announced second quarter EPS of $4.37 on revenue of $41.3B, was in comparison to a forecasts for EPS of $3.96 on revenue of $39.15B.
Bank of America earnings beat analysts' expectations on Tuesday, with second quarter EPS of $0.88 on revenue of $25.2B. Investing.com analysts anticipated EPS of $0.84 on revenue of $25.02B
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