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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. AMGN
3. BKNG
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

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

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

April 21, 2016 6:31 AM EDT

NEW YORK, April 21, 2016 /PRNewswire/ --  

GENERATED APPROXIMATELY 250 BASIS POINTS OF POSITIVE OPERATING LEVERAGE YEAR-OVER-YEAR ON AN ADJUSTED BASIS (a)

Net interest revenue increased 5% and fee and other revenue decreased 1% Total noninterest expense decreased 3% on a reported and adjusted basis (a)

EXECUTING ON CAPITAL PLAN AND RETURN OF VALUE TO COMMON SHAREHOLDERS

Repurchased 16.2 million common shares for $577 million Adjusted return on tangible common equity of 21% (a) Estimated SLR on a fully phased-in basis... More