BNY Mellon Reports Second Quarter Earnings of $926 Million or $0.88 Per Common Share

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Bank of New York (BK) Raises Quarterly Dividend 26.3% to $0.24; $3.1B Buyback

July 20, 2017 6:35 AM EDT

Bank of New York (NYSE: BK) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. This is a 26.3% increase from the prior dividend of $0.19. The dividend will be payable on August 11, 2017, to stockholders of record on August 1, 2017, with an ex-dividend date of July 28, 2017.... More

Bank of New York (BK) Tops Q2 EPS by 4c

July 20, 2017 6:32 AM EDT

Bank of New York (NYSE: BK) reported Q2 EPS of $0.88, $0.04 better than the analyst estimate of $0.84. Revenue for the quarter came in at $3.96 billion versus the consensus estimate of $3.89 billion.

Investment management and performance fees increased 6% on record assets under managementInvestment... More