BNY Mellon Reports First Quarter 2021 Earnings of $858 Million or $0.97 Per Common Share

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Go back to BNY Mellon Reports First Quarter 2021 Earnings of $858 Million or $0.97 Per Common Share

Bank of New York (BK) Tops Q1 EPS by 10c, Revenues Beat

April 16, 2021 6:32 AM EDT

Bank of New York (NYSE: BK) reported Q1 EPS of $0.97, $0.10 better than the analyst estimate of $0.87. Revenue for the quarter came in at $3.92 billion versus the consensus estimate of $3.85 billion.

CEO Commentary

"We delivered a strong quarter and continue to see momentum across our businesses, despite the ongoing impact of low interest rates. In the first quarter of 2021, on a year-over-year basis, we delivered a 1%... More