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

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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