The Bank of New York Mellon(BK)
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Behavox Announces Outstanding 2023 Full Year Results with 58% Revenue Growth
Businesswire· 2024-01-24 15:05
NEW YORK--(BUSINESS WIRE)--Behavox, a leader in AI-driven compliance and security solutions, has announced its 2023 full-year results, showcasing a remarkable 58% growth in revenues, accelerating from the 34% growth in 2022. This significant increase is a testament to Behavox's innovation and leadership in the industry. Looking ahead, Behavox is poised to achieve profitability by March 2024, with expected revenue growth of 30-40% for the year. This optimistic outlook underscores our ongoing growth and st ...
Are You Looking for a High-Growth Dividend Stock?
Zacks Investment Research· 2024-01-17 17:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...
Obligo Collaborates with BNY Mellon through the Bank's Ascent Program to Digitize the Rental Experience for Property Managers
Prnewswire· 2024-01-17 15:00
The Ascent program validated Obligo's ability to integrate with BNY Mellon's banking portal and serve its real estate clients NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Obligo, the fintech company that builds trust between renters and landlords through financial technology through its suite of security deposit solutions, announced the completion of its proof of concept as part of BNY Mellon's Ascent Program, which seeks out exceptional technology companies offering cutting-edge solutions for financial industry ...
Best Momentum Stock to Buy for January 17th
Zacks Investment Research· 2024-01-17 14:46
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 17th:Taiwan Semiconductor (TSM) : This company which, is the world's largest dedicated integrated circuit foundry, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.Taiwan Semiconductor’s shares gained 13.9% over the last three month compared with the S&P 500’s gain of 10.7%. The company possesses a Mome ...
New Strong Buy Stocks for January 17th
Zacks Investment Research· 2024-01-17 13:16
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Skyward Specialty Insurance Group, Inc. (SKWD) : This insurance holding company which is engaged in underwriting commercial property and casualty insurance coverages principally in the United States, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.Koninklijke Philips (PHG) : This health technology company which, provides diagnosis & treatment Businesses, connected care businesses ...
The Bank of New York Mellon(BK) - 2023 Q4 - Earnings Call Transcript
2024-01-13 00:42
The Bank of New York Mellon Corporation (NYSE:BK) Q4 2023 Earnings Conference Call January 12, 2024 1:00 PM ET Company Participants Marius Merz - Head of Investor Relations Robin Vince - President and Chief Executive Officer Dermot McDonogh - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Mike Mayo - Wells Fargo Securities Brian Bedell - Deutsche Bank Ebrahim Poonawala - Bank of America Securities Ken Usdin - Jefferies Glenn Schorr - Evercore ISI Manan Gosalia - Morgan Stanley Ger ...
Bank of New York Mellon Benefits from Higher Net Interest Revenue
Investopedia· 2024-01-12 20:40
Key TakeawaysBank of New York Mellon Corp. exceeded profit and revenue estimates Friday as it reported that fourth-quarter interest revenue increased.The bank's assets under custody of an administrator and assets under management (AUM) both rose 8% for the latest quarter.Shares of Bank of New York Mellon jumped Friday to their highest price since February 2022.Bank of New York Mellon Corp. (BK) shares advanced roughly 4% Friday afternoon as the bank posted better-than-expected results because of surging net ...
BNY Mellon (BK) Q4 Earnings Top Estimates, AUM Increase Y/Y
Zacks Investment Research· 2024-01-12 17:47
Bank of New York Mellon Corporation’s (BK) fourth-quarter 2023 adjusted earnings of $1.28 per share surpassed the Zacks Consensus Estimate of $1.12. However, the bottom line reflects a fall of 1.5% from the prior-year quarter.Results have been primarily aided by a rise in net interest revenues and fee revenues. The assets under management (AUM) balance witnessed a rise, which was another major positive for the company. However, higher expenses have hurt the results to some extent. Also, the credit quality w ...
The Bank of New York Mellon(BK) - 2023 Q4 - Earnings Call Presentation
2024-01-12 17:41
4Q FINANCIAL 23 HIGHLIGHTS AGENDA PAGE 1 4Q and FY 2023 Financial Results 1 Financial Outlook 2 • 2024 Outlook 13 ...
The Bank of New York Mellon Corporation (BK) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-01-12 14:02
The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this company would post earnings of $1.14 per share when it actually produced earnings of $1.27, delivering a surprise of 11.40%.Over the last four ...