Bank of New York (BK) Tops Q3 EPS by 3c

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Go back to Bank of New York (BK) Tops Q3 EPS by 3c

BNY Mellon Reports Third Quarter Earnings Of $820 Million Or $0.74 Per Common Share

October 20, 2015 6:30 AM EDT

NEW YORK, Oct. 20, 2015 /PRNewswire/ --  

GENERATED MORE THAN 370 BASIS POINTS OF POSITIVE OPERATING LEVERAGE YEAR-OVER-YEAR ON AN ADJUSTED BASIS (a)

Total revenue up 1% on an adjusted basis (a) Net interest revenue up 5% Total noninterest expense decreased 3% on an adjusted basis (a)

RESULTS DEMONSTRATE CONTINUING FOCUS ON BUSINESS IMPROVEMENT PROCESS

Enhancing client service delivery Investing in technology platforms for future revenue growth Ongoing investments in risk management and... More