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BK / Bank of New York Mellon: Underperformance, But Nice Dividend

Bank of New York Mellon: Underperformance, But Nice Dividend
BNY reported earnings today and they have a total revenue growth of only 2% over the prior year. The upfront dividend yield is 4% but the growth prospects are lacking. The Wealth Management division experienced a 4% reduction in revenue YoY. Read More
Posted: Oct 17 2023, 17:13
Author Name: Seeking Alpha
Views: 092022

BK News  

BNY Mellon Debuts ‘Universal' Foreign Exchange Platform

By PYMNTS
October 25, 2023

BNY Mellon Debuts ‘Universal' Foreign Exchange Platform

BNY Mellon has introduced a foreign exchange (FX) platform that lets clients execute transactions across portfolios. Universal FX, announced Wednes more_horizontal

BNY Mellon Launches White Labeling Service for Liquidity Management Solutions

By PYMNTS
October 23, 2023

BNY Mellon Launches White Labeling Service for Liquidity Management Solutions

BNY Mellon has introduced a White Labeling service for its LiquidityDirect platform. This service enables financial institutions to offer their cli more_horizontal

Bank of New York Mellon: Underperformance, But Nice Dividend

By Seeking Alpha
October 17, 2023

Bank of New York Mellon: Underperformance, But Nice Dividend

BNY reported earnings today and they have a total revenue growth of only 2% over the prior year. The upfront dividend yield is 4% but the growth prosp more_horizontal

Why Bank of New York Mellon Stock Dropped and Then Popped Today

By The Motley Fool
October 17, 2023

Why Bank of New York Mellon Stock Dropped and Then Popped Today

The investment bank beat estimates on the top and bottom lines. Average loans and deposits fell from the quarter a year ago. more_horizontal

BNY Mellon earnings beat driven by jump in interest income

By Proactive Investors
October 17, 2023

BNY Mellon earnings beat driven by jump in interest income

BNY Mellon (NYSE:BK) reported an earnings beat for the third quarter as its income from loans jumped due to higher interest rates.  The New York bank more_horizontal

The Bank of New York Mellon Corporation (BK) Q3 Earnings and Revenues Surpass Estimates

By Zacks Investment Research
October 17, 2023

The Bank of New York Mellon Corporation (BK) Q3 Earnings and Revenues Surpass Estimates

The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.14 per sh more_horizontal

BNY Mellon (BK) Q3 Earnings Beat, Revenues & AUM Increase Y/Y

By Zacks Investment Research
October 17, 2023

BNY Mellon (BK) Q3 Earnings Beat, Revenues & AUM Increase Y/Y

BNY Mellon (BK) records a rise in revenues and lower expenses in the third quarter of 2023. more_horizontal

Bank of New York Mellon Stock Jumps as Earning and Revenue Beat

By Barrons
October 17, 2023

Bank of New York Mellon Stock Jumps as Earning and Revenue Beat

Bank of New York Mellon reported earnings of $1.22 a share on revenue of $4.4 billion in the third quarter. more_horizontal


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