Jul 12, 12:15 PM

BNY Mellon Reports 10% Rise in Quarterly Profits

BNY Mellon reported a 10% rise in second-quarter net profit, driven by higher investment service fees which offset lower interest income. The company's earnings per share (EPS) were $1.51, and its revenue surpassed estimates. BNY Mellon's stock saw a 2.4% pre-market increase.

#BNY Mellon

Written with ChatGPT (GPT-4o).

Sources

Open Outcrier@OpenOutcrier
2 years ago
$C (+2.9% pre) Citigroup tops expectations for profit and revenue on strong Wall Street results - CNBC https://t.co/b8hw2SnQue
Open Outcrier@OpenOutcrier
2 years ago
$BK (+2.4% pre) BNY Quarterly Profit Rises on Investment Service Fee Boost - US News https://t.co/rfch0poDmz
The Globe and Mail@globeandmail
2 years ago
Citigroup’s quarterly profit climbs on investment banking surge, services strength https://t.co/wvykPEjwu6

Additional media

Image #1 for story bny-mellon-reports-10-rise-quarterly-profits

Image #2 for story bny-mellon-reports-10-rise-quarterly-profits

Image #3 for story bny-mellon-reports-10-rise-quarterly-profits

BNY Mellon Reports 10% Rise in Quarterly Profits

Sources

Additional media

Similar Stories