Bank of New York (BK) Tops Q2 EPS by 7c
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BNY Mellon Reports Second Quarter Earnings Of $830 Million Or $0.73 Per Common Share, Including:
July 21, 2015 6:30 AM EDTNEW YORK, July 21, 2015 /PRNewswire/ --
TOTAL REVENUE INCREASED 4% YEAR-OVER-YEAR
Increased 3% on an adjusted basis (a)TOTAL EXPENSE DECREASED 7% YEAR-OVER-YEAR
Decreased 1% on an adjusted basis (a)GENERATED 460 BASIS POINTS OF POSITIVE OPERATING LEVERAGE YEAR-OVER-YEAR ON AN ADJUSTED BASIS (a)
EXECUTING ON CAPITAL PLAN AND RETURN OF VALUE TO COMMON SHAREHOLDERS
Repurchased 19.4 million common shares for $834 million in the second quarter of 2015 Return on tangible common equity of 22%... More