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

BNY Declares Dividends

06:39am, Friday, 12'th Jul 2024
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 dividen

BNY Reports Second Quarter 2024 Results

06:38am, Friday, 12'th Jul 2024
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.
Despite high rates and decent loan growth, BNY Mellon's (BK) interest income is expected to have declined in the second quarter of 2024 due to higher deposit costs.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for The Bank of New York Mellon (BK), delve into some of its key metrics to gain a deeper insight into the company's potential perf
BNY Mellon (NYSE: BK) stock gained 16% YTD, as compared to the 17% rise in the S&P500 index. In sharp contrast, BNY Mellon's peer BlackRock (NYSE: BLK) has delivered near zero return YTD.
One of the features of this stock-market run, which on Wednesday carried the S&P 500 SPX to its 37th record high of the year, is just how much complacency there is, as measured by low readings of impl
The Bank of New York Mellon (BK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced that the Fund's Board of Directors has approved the Fund's quarterly tender offer (t
BNY Mellon stock (NYSE: BK) has gained 16% YTD which is at par with the S&P500 index over the same period. In comparison, BNY Mellon's peer BlackRock (NYSE: BLK) is up 5% YTD.
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
Investors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations, decent lending and modest economic growth. So, banks - Citigroup (C), Wells Fargo (WFC), JPMorgan (J
BNY Mellon (BK) plans to increase quarterly cash dividend by 11.9% to 47 cents per share following the 2024 stress test results, which reflect a robust and resilient balance sheet and capital position
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients ea
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
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