BK Stock Up on Q1 Earnings & Revenue Beat, Provisions Fall Y/Y

The Bank of New York Mellon Corporation’s (BK) first-quarter 2025 adjusted earnings of $1.58 per share surpassed the Zacks Consensus Estimate of$1.49. Also, the bottom line reflected a jump of 22.5% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.BK shares gained 2.5% in the pre-market trading session on better-than-expected results.Results were primarily aided by a rise in fee revenues and net interest income (NII) alongside lower provisions. Assets und ...