BNY Mellon Reports First Quarter Earnings Of $804 Million Or $0.73 Per Common Share; Earnings per common share up 9% year-over-year

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Argus Downgrades Bank of New York Mellon (BK) to Hold

April 22, 2016 9:09 AM EDT

Argus downgraded Bank of New York Mellon (NYSE: BK) from Buy to Hold.

For an analyst ratings summary and ratings history on Bank of New York Mellon click... More

Bank of New York (BK) Tops Q1 EPS by 5c

April 21, 2016 6:37 AM EDT

Bank of New York (NYSE: BK) reported Q1 EPS of $0.73, $0.05 better than the analyst estimate of $0.68. Revenue for the quarter came in at $3.74 billion versus the consensus estimate of $3.73 billion.

Net interest revenue increased 5% and fee and other revenue decreased 1%Total... More