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Stock impact report

The Gabelli Global Financial Services Fund Q3 2025 Commentary [Seeking Alpha]

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
Company Research Source: Seeking Alpha
The common stocks of global banks and other financial institutions performed generally well as financial markets were robust and loan credit quality remained mostly healthy. The Fund's aggregate holdings were valued at approximately 1.0 times book value, 1.1 times tangible book value (“TBV”) and 11 times expected 2025 earnings per share (“EPS”). The common stock of Commerzbank (3.7% of net assets as of September 30, 2025; up 20% in the quarter) was the largest positive contributor. Old Republic has paid a cash dividend in each of the last 84 years and raised it for 44 consecutive years. Torsten Asmus/iStock via Getty Images Dear Fellow Shareholders, For the quarter ended September 30, 2025, the net asset value (“NAV”) per the Class I Share of The Gabelli Global Financial Services Fund (“the Fund”) increased by 8.7%, compared to a 5.5% increase for the MSCI World Financials This article was written by Quick Insights GFSIX outperformed due to strong earnings and capit Show less Read more
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