The Bank of New York Mellon (BK) Reports Q2 Earnings: What Key Metrics Have to Say

The Bank of New York Mellon Corporation (BK) reported $4.6 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 3.2%. EPS of $1.51 for the same period compares to $1.38 a year ago.The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $4.54 billion. With the consensus EPS estimate being $1.43, the EPS surprise was +5.59%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...