Bank of New York Mellon (BNY Mellon) reported first-quarter revenue that exceeded Wall Street estimates, driven by higher market values and increased client activity. The bank saw a 5% increase in profits, attributed to rising asset values which boosted investment services fees. BNY Mellon's CEO highlighted the company's achievement of double-digit EPS growth, pre-tax margin, and Return on Tangible Common Equity (ROTCE) expansion due to positive operating leverage. The bank's stock price saw a 2.2% increase in pre-market trading following the announcement.