Investing.com - Bank of NY Mellon (NYSE:BK) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that was inline with forecasts.
The firm reported earnings per share of $1.01 on revenue of $3.92B. Analysts polled by Investing.com forecast EPS of $0.95 on revenue of $3.92B. That compared to EPS of $1.03 on revenue of $4.14B in the same period a year earlier. The company had reported EPS of $0.94 on revenue of $3.9B in the previous quarter.
Bank of NY Mellon follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.51 on revenue of $28.84B.
Wells Fargo&Co earnings beat analysts' expectations on Tuesday, with second quarter EPS of $1.3 on revenue of $21.58B. Investing.com analysts expected EPS of $1.17 on revenue of $20.94B
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