BNY Mellon quarterly profit tops estimates [Reuters]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
bnymellon.com/us/en/investor-relations/index.jsp
Company Research
Source: Reuters
BNY Mellon quarterly profit tops estimates | Reuters Reuters Staff 1 Min Read (Reuters) - Bank of New York Mellon Corp ( BK.N ) reported a better-than-expected first-quarter profit on Thursday, helped by strong growth in its assets servicing and management business. The world’s largest custodian bank said net income applicable to common shareholders rose to $1.14 billion, or $1.10 per share, in the quarter ended March 31 from $880 million, or 83 cents per share, a year earlier. Analysts on average had expected earnings of 96 cents per share, according to Thomson Reuters I/B/E/S. Non-interest expenses rose 3.7 pct to $2.74 billion. Total revenue rose 8.7 percent to $4.18 billion. Assets under management jumped 8 percent to a record $1.9 trillion, driven by surging equity markets, a weaker dollar and net inflows, partially offset by the divestiture of CenterSquare Investment Management, the company said. (This version of the story corrects paragraph 4 to “$2.74 billion” from “$2.74”)
Show less
Read more
Impact Snapshot
Event Time:
BK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BK alerts
High impacting The Bank of New York Mellon Corporation news events
Weekly update
A roundup of the hottest topics
BK
News
- What Will the FOMC Do in 2024? [Yahoo! Finance]Yahoo! Finance
- FRN Variable Rate Fix [Yahoo! Finance]Yahoo! Finance
- Early Repurchase(s) [Yahoo! Finance]Yahoo! Finance
- CIBC Mellon Announces Leadership Changes to Enhance Client Focus and Drive Growth [Yahoo! Finance]Yahoo! Finance
- The Bank of New York Mellon Co. (NYSE: BK) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $58.00 price target on the stock.MarketBeat
BK
Earnings
- 1/12/24 - Beat
BK
Sec Filings
- 3/28/24 - Form 497
- 3/28/24 - Form 497K
- 3/27/24 - Form PX14A6G
- BK's page on the SEC website