BNY Mellon's (BK) Q1 Earnings Beat, AUM & Fee Income Rise
The Bank of New York Mellon(BK) Zacks Investment Research·2024-04-17 22:55
The Bank of New York Mellon Corporation’s (BK) first-quarter 2024 adjusted earnings of 1.19. Also, the figure reflected a rise of 14% from the prior-year quarter. Further, BK’s total revenues grew 3% year over year to 4.38 billion. The primary driver for the increase in top line was an improvement in fee income and assets under custody and/or administration (AUC/A) and ass ...