The Bank of New York Mellon Corp. (BK) remains well-poised for revenue growth on the back of a strong balance sheet, higher rates and expansion initiatives. However, an elevated expense base and concentrated revenues from fee income are concerns. High interest rates continue to support BNY Mellon’s net interest revenues (NIR) and net interest margin (NIM), though a rise in funding costs exerts pressure on both. The company’s NIR witnessed a compound annual growth rate (CAGR) of 3.8% over the five years ende ...