Bank of New York (BK) Reports In-Line Q4 EPS
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BNY Mellon Reports Fourth Quarter Earnings Of $822 Million Or $0.77 Per Common Share
January 19, 2017 6:31 AM ESTNEW YORK, Jan. 19, 2017 /PRNewswire/ --
Earnings per common share up 35%, or 13% on an adjusted basis year-over-year (a)TOTAL REVENUE OF $3.79 BILLION, INCREASED 2% YEAR-OVER-YEAR
Fee and other revenue up slightly; Investment Services fees increased 4% Net interest revenue increased 9%CONTINUED FOCUS ON EXPENSE CONTROL
Total noninterest expense decreased 2% year-over-yearFULL-YEAR 2016 EARNINGS OFÂ $3.43Â BILLION ORÂ $3.15Â PER COMMON SHARE
Earnings of $3.45 billion or $3.17Â per common share on an adjusted basis (a)... More