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The Bank of New York Mellon Corp. (BK) announced earnings for its second quarter that climbed from last year.


RTTNews | Jul 15, 2021 06:36AM EDT

06:34 Thursday, July 15, 2021 (RTTNews.com) - The Bank of New York Mellon Corp. (BK) announced earnings for its second quarter that climbed from last year.

The company's earnings came in at $991 million, or $1.13 per share. This compares with $901 million, or $1.01 per share, in last year's second quarter.

Analysts had expected the company to earn $1.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.2% to $3.96 billion from $4.01 billion last year.

The Bank of New York Mellon Corp. earnings at a glance:

-Earnings (Q2): $991 Mln. vs. $901 Mln. last year.-EPS (Q2): $1.13 vs. $1.01 last year.-Analysts Estimate: $1.00-Revenue (Q2): $3.96 Bln vs. $4.01 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3209292/the-bank-of-new-york-mellon-corp-profit-climbs-in-q2.aspx)

For comments and feedback: contact editorial@rttnews.com

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