In a report released on January 15, Gerard Cassidy from RBC Capital maintained a Hold rating on Bank of New York Mellon Corporation (BK –
Earnings Previews: Bank of America, BNY Mellon, Citigroup, JPMorgan, Wells Fargo December-quarter earnings season begins with a bang Friday morning, with reports from five of the largest U.S ...
Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC Financial were all down about the same, or more. Only Morgan Stanley stock was rising Thursday, but it is primarily an investment bank and asset manager, and less a consumer bank.
The Bank of New York Mellon Corporation’s BK fourth-quarter 2024 adjusted earnings of $1.72 per share outpaced the Zacks Consensus Estimate of $1.56. Also, the figure reflected a jump of 33.3% from the prior-year quarter.
The U.S.’s oldest bank beat Bank of America to a $25-per-hour pay floor – and is touting its rank-and-file stock offerings and well-being improvements in what’s quickly becoming an annual answer to the Charlotte lender’s PR efforts.
Bank of America Securities analyst Ebrahim Poonawala reiterated a Buy rating on Bank of New York Mellon Corporation (BK – Research Report)
Bank of New York Mellon Corp (NYSE ... Q: Can you discuss the resilience of BNY Mellon's pre-tax margin and ROE targets for 2025? A: Dermot Mcdonogh, CFO, stated that BNY Mellon is confident ...
BNY posts strong Q4 earnings, analysts boost EPS estimates, highlight solid NII, fee growth potential, and strategic investments.
Bank of New York Mellon BK1.26%increase; green up pointing triangle said quarterly earnings leapt higher as fee and interest revenue climbed and costs came down from a year earlier, helping lead ...
Bank of New York Mellon Corp. provided additional strength ... embedded in our company," said Chief Executive Robin Vince. BNY's stock was rallying 6.1%, outpacing the 1.4% rise by the S&P 500 ...
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Bank of New York Mellon logged a higher profit in the fourth quarter as both fee and interest revenue climbed and costs came down from a year ago. The bank posted a profit of $1.16 billion, or $1.54 a share, compared with $206 million, or 21 cents a share, in the same quarter a year ago.