BNY Mellon Reports Fourth Quarter Earnings Of $822 Million Or $0.77 Per Common Share
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Bank of New York Mellon (BK) PT Lowered to $54 at UBS; Reiterates Buy
January 20, 2017 7:08 AM ESTUBS lowered its price target on Bank of New York Mellon (NYSE: BK) to $54.00 (from $56.00) while maintaining a Buy rating.
Analyst Brennan... More
Bank of New York (BK) Reports In-Line Q4 EPS
January 19, 2017 6:33 AM ESTBank of New York (NYSE: BK) reported Q4 EPS of $0.77, in-line with the analyst estimate of $0.77. Revenue for the quarter came in at $3.79 billion versus the consensus estimate of $3.85 billion.
Fee and other revenue up slightly; Investment Services fees increased 4%Net interest revenue increased 9%"We delivered strong fourth-quarter results, capping another year of solid execution... More
