The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.59%. A quarter ago, it was expected that this company would post earnings of $1.19 per share when it actually produced earnings of $1.29, delivering a surprise of 8.40%.Over the last four qu ...

NEW YORK, July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common – a quarterly common stock dividend of $0.47 per share, payable on August 2, 2024 to shareholders of record as of the close of business on July 22, 2024. Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation prefer ...

NEW YORK, July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, has reported financial results for the second quarter 2024. The company's earnings release along with the quarterly financial highlights and other earnings-related documents are available at www.bny.com/investorrelations. Management will host a conference call and simultaneous live audio webcast at 9:30 a.m. ET today. This conference call and audio webcast will include f ...

The Bank of New York Mellon Corporation Financial Supplement Second Quarter 2024 Table of Contents | --- | --- | |-----------------------------------------|-------| | Consolidated Results | Page | | Consolidated Financial Highlights | 3 | | Condensed Consolidated Income Statement | 4 | | Condensed Consolidated Balance Sheet | 5 | | Fee and Other Revenue | 6 | | Average Balances and Interest Rates | 7 | | Capital and Liquidity | 8 | Business Segment Results | --- | --- | |------------------------------------ ...

The Bank of New York Mellon Corporation (BK) is scheduled to report second-quarter 2024 results on Jul 12, before market open. The company’s revenues and earnings are expected to have witnessed increases in the quarter on a year-over-year basis.In the last reported quarter, BK’s earnings surpassed the Zacks Consensus Estimate. Results were primarily aided by a rise in fee revenues, particularly investment services fees. The assets under custody and/or administration and assets under management balance grew ...

In its upcoming report, The Bank of New York Mellon Corporation (BK) is predicted by Wall Street analysts to post quarterly earnings of $1.43 per share, reflecting an increase of 3.6% compared to the same period last year. Revenues are forecasted to be $4.54 billion, representing a year-over-year increase of 1.9%.The consensus EPS estimate for the quarter has been revised 0.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated th ...

NEW YORK, July 2, 2024 /PRNewswire/ -- BNY has appointed Jose Minaya as Global Head of BNY Investments and Wealth.  Mr. Minaya will join the company on September 3, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee. This appointment follows Hanneke Smits's decision to retire; she will continue in her current role until September 3, at which time she will transition to Chair of BNY Investments through the end of 2024 to support a seamless ...

Following the declaration of 2024 stress test results, The Bank of New York Mellon Corp. (BK) announced its plans to increase the quarterly cash dividend by 11.9% to 47 cents per share, beginning as early as the third quarter of 2024, subject to board approval. Last week, the Federal Reserve disclosed the results of its 2024 bank stress test, which exhibits the robustness and strength of BNY Mellon’s business model and capital position. The Fed further informed that the company’s preliminary Stress Capital ...

NEW YORK, June 28, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced its intention to increase its quarterly cash dividend on its common shares by 12% from $0.42 to $0.47 per share, commencing as early as the third quarter of 2024, subject to approval by the company's Board of Directors. On June 26, 2024, the Federal Reserve released the results of its 2024 bank stress test, which demonstrate the resilience and strength of ...

The Bank of New York Mellon Corporation’s (BK) global expansion efforts, robust assets under management balance and solid balance sheet are expected to keep aiding the top line. The company’s business transformation plan will likely bolster market share.Analysts seem optimistic regarding BK’s earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for BNY Mellon’s current-year earnings has been revised marginally higher.In the past three months, BK shares have gained 2.4% compared wit ...