Investing.com - Bank of NY Mellon announced third quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The company reported earnings per share of $1.52 on revenue of $4.65B. Analysts polled by Investing.com forecast EPS of $1.38 on revenue of $4.5B. .
Bank of NY Mellon share's are up 43% for the year to date , still down 0.03% from its 52 week high of $74.47 set on Thursday, October 10, 2024.
Bank of NY Mellon follows other major Financial sector earnings this month
On Friday, BlackRock reported third quarter EPS of $11.46 on revenue of $5.2B, compared with a forecasts for EPS of $10.24 on revenue of $5.05B.
Jefferies Financial earnings missed analysts' expectations on Wednesday, September 25, 2024, with third quarter EPS of $0.75 on revenue of $1.68B. Investing.com analysts forecast EPS of $0.77 on revenue of $1.74B
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