Bank of NY Mellon Earnings inline, Revenue beats In Q4

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Bank of NY Mellon Earnings inline, Revenue beats In Q4
Credit: © Reuters.

Investing.com - Bank of NY Mellon (NYSE: BK ) reported fourth quarter earnings that matched analysts' expectations on Tuesday and revenue that topped forecasts.

The firm reported earnings per share of $1.01 on revenue of $4.02B. Analysts polled by Investing.com forecast EPS of $1.01 on revenue of $3.97B. .

For the year, Bank of NY Mellon shares are up 9.5%, outperforming the S&P 500 which is down 2.17% year to date.

Bank of NY Mellon follows other major Financial sector earnings this month


On Friday, JPMorgan reported fourth quarter EPS of $3.33 on revenue of $29.26B, compared to forecasts of EPS of $3.01 on revenue of $29.78B.

Wells Fargo&Co earnings beat analyst's expectations on Friday, with fourth quarter EPS of $1.38 on revenue of $20.86B. Investing.com analysts expected EPS of $1.11 on revenue of $18.84B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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