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The Bank of New York Mellon Corp. (BK) announced a profit for its third quarter that climbed from the same period last year.


RTTNews | Oct 19, 2021 06:35AM EDT

06:34 Tuesday, October 19, 2021 (RTTNews.com) - The Bank of New York Mellon Corp. (BK) announced a profit for its third quarter that climbed from the same period last year.

The company's earnings totaled $881 million, or $1.04 per share. This compares with $876 million, or $0.98 per share, in last year's third quarter.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.9% to $4.04 billion from $3.85 billion last year.

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

-Earnings (Q3): $881 Mln. vs. $876 Mln. last year.-EPS (Q3): $1.04 vs. $0.98 last year.-Analysts Estimate: $1.01-Revenue (Q3): $4.04 Bln vs. $3.85 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3233522/the-bank-of-new-york-mellon-corp-earnings-climb-in-q3-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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