BNY Mellon Q2 Profit Declines 16%, Miss Estimates

RTTNews | Před 1132 dny
BNY Mellon Q2 Profit Declines 16%, Miss Estimates

(RTTNews) - Bank of New York Mellon Corp. (BK) reported Friday that net income applicable to common shareholders for the second quarter declined to $835 million or $1.03 per share from $991 million or $1.13 per share in the prior-year quarter.

Total revenue for the quarter increased 7 percent to $4.25 billion from $3.96 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.12 per share on revenue of $4.17 billion for the quarter. Analysts' estimates typically exclude certain special items.

The company also said its Board of Directors approved an increase of the quarterly cash dividend on its common shares by 9 percent to $0.37 per share.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Značky : BK
read more
BNY Mellon Q2 Results Top Estimates

BNY Mellon Q2 Results Top Estimates

Bank of New York Mellon Corp. (BK) reported Friday that net income applicable to common shareholders for the second quarter grew to $1.14 billion or $1.52 per share from $1.04 billion or $1.31 per share in the prior-year quarter.
RTTNews | Před 404 dny
BNY Mellon Q3 Results Top Estimates

BNY Mellon Q3 Results Top Estimates

Bank of New York Mellon Corp. (BK) reported Tuesday that net income applicable to common shareholders for the third quarter soared to $956 million or $1.22 per share from $319 million or $0.39 per share in the prior-year quarter.
RTTNews | Před 673 dny
CAC 40 Flat In Lackluster Trade

CAC 40 Flat In Lackluster Trade

French stocks are exhibiting some weakness on Wednesday, after seeing a big upmove in the previous session. The mood is cautious with investors looking ahead to the Federal Reserve's annual Jackson Hole Symposium.
RTTNews | Před 18 minutami
Pound Rises As UK Inflation Hits 18-Month High

Pound Rises As UK Inflation Hits 18-Month High

The British pound strengthened against other major currencies in the European session on Wednesday, as the UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing.
RTTNews | Před 31 minutami
Sensex, Nifty Extend Gains For Fifth Day

Sensex, Nifty Extend Gains For Fifth Day

Indian shares eked out modest gains on Wednesday, with underlying sentiment supported by the unexpected announcements relating to GST reforms and the recent progress in India-China ties.
RTTNews | Před 33 minutami
DAX Drifts Lower In Cautious Trade

DAX Drifts Lower In Cautious Trade

The German market is notably lower on Wednesday, weighed down by losses in the defense stocks, amid rising optimism about a potential Russia-Ukraine peace deal. The focus is on the Federal Reserve's annual symposium in Jackson Hole, that gets underway on Thursday.
RTTNews | Před 37 minutami
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.
RTTNews | Před 58 minutami