The Bank Of New York Mellon Corporation BK posted better-than-expected third-quarter results on Friday.The finance behemoth reported third-quarter adjusted earnings per share of $1.52 (+20% YoY), beating the street view of $1.42. Quarterly revenue of $4.648 billion, an increase of 5% year-over-year, surpassed the analyst consensus of $4.542 billion."BNY reported strong third quarter results, reflecting growth across our three business segments and consistent execution against our strategic priorities, with ...

The Bank of New York Mellon Corporation (NYSE:BK) Q3 2024 Earnings Conference Call October 11, 2024 11:00 AM ET Company Participants Marius Merz - Head, Investor Relations Robin Vince - President & Chief Executive Officer Dermot McDonogh - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Mike Mayo - Wells Fargo Brian Bedell - Deutsche Bank Alex Blostein - Goldman Sachs Gerard Cassidy - RBC Ebrahim Poonawala - Bank of America Betsy Graseck - Morgan Stanley Glenn Schorr - Evercore ISI ...

| --- | --- | |-------|-------| | | | | | | | | | | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------| | | | | | | | 3Q24 Financial Highlights | | | | | | Revenue Growth: | 5 % | | Expense Growth: | 0 % | | Pre-tax Margin: | 33 % | | ...

The Bank of New York Mellon Corporation (BK) reported $4.65 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.3%. EPS of $1.52 for the same period compares to $1.27 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.52 billion, representing a surprise of +2.76%. The company delivered an EPS surprise of +7.80%, with the consensus EPS estimate being $1.41.While investors scrutinize revenue and earnings changes year-over-year and ho ...

The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.80%. A quarter ago, it was expected that this company would post earnings of $1.43 per share when it actually produced earnings of $1.51, delivering a surprise of 5.59%. Over the last four ...

| --- | --- | |------------|----------------------------------------| | The Bank | of New York Mellon Corporation | | | Financial Supplement | | | Third Quarter 2024 | | --- | --- | |-----------------------------------------------------------------------------------------------------------------|-------| | Table of Contents | | | | | | Consolidated Results | Page | | Consolidated Financial Highlights | 3 | | Condensed Consolidated Income Statement | 4 | | Condensed Consolidated Balance Sheet | 5 | | Fee and ...

Shares of Bank of New York Mellon (NYSE: BK ) have been a tremendous performer over the past year, gaining 75%. The company has benefited from a persistently high-rate environment (which may now change), strong equity markets, and very impressive expense discipline. Given such aOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a ...

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The upcoming report from The Bank of New York Mellon Corporation (BK) is expected to reveal quarterly earnings of $1.40 per share, indicating an increase of 10.2% compared to the year-ago period. Analysts forecast revenues of $4.52 billion, representing an increase of 3.3% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial ...

The market expects The Bank of New York Mellon Corporation (BK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 11, 2024, might help the stock move h ...