What Bank of New York Mellon (BNY) Said on Its Q3 Earnings Call

BNY stock pops on strong earnings — showing exactly why we like this bank in this market

Wall Street clearly liked what it heard on the post-earnings conference call because BNY stock went from flat to up more than 3% on the day.

What Bank of New York Mellon (BNY) Said on Its Q3 Earnings Call

Bank of New York Mellon (NYSE:BNY) reported third-quarter earnings per share of $2.34, up 24% from a year earlier, as revenue growth across its businesses outpaced expense growth and drove positive operating leverage. Chief Executive Officer Robin Vince said the company generated $5.7 billion in re

BNY Q3 earnings beat, driven by fee revenue growth, solid NII (BNY:NYSE)

BNY Q3 earnings beat estimates as fee revenue and securities services grow.

Bank of New York Mellon Logs Higher Profit, Sales

The bank posted third-quarter net income applicable to shareholders of $1.61 billion, or $2.34 a share, up from $1.34 billion, or $1.88 a share, in the same quarter a year earlier.

BNY Mellon Profit Rises 20%, Revenue Climbs to $5.68 Billion; Details

BNY Mellon reported a 20% increase in third-quarter net income to $1.61 billion as revenue rose 12% to $5.68 billion, beating analyst expectations.

While embedding AI 'everywhere,' BNY won't disclose costs

CEO Robin Vince declined Thursday to say how much BNY is spending on AI. Instead, he spoke broadly about the technology, saying the custody bank is generating returns from its deployment.