Investing.com - Bank of NY Mellon announced second quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The company reported earnings per share of $1.51 on revenue of $4.6B. Analysts polled by Investing.com expected EPS of $1.42 on revenue of $4.52B. .
Bank of NY Mellon share's are up 18% since the start of the year , still down 0.12% from its 52 week high of $61.54 set on Thursday, July 11, 2024.
Bank of NY Mellon follows other major Financial sector earnings this month
On Friday, JPMorgan announced second quarter EPS of $4.4 on revenue of $50.2B, was in comparison with a forecasts for EPS of $4.14 on revenue of $41.72B.
Wells Fargo&Co earnings beat analysts' expectations on Friday, with second quarter EPS of $1.33 on revenue of $20.69B. Investing.com analysts expected EPS of $1.28 on revenue of $20.22B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar