The Bank of New York Mellon (BK) Up 8% Since Last Earnings Report: Can It Continue?
BKThe Bank of New York Mellon(BK) zacks.com·2024-05-17 00:31

A month has gone by since the last earnings report for The Bank of New York Mellon Corporation (BK) . Shares have added about 8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is The Bank of New York Mellon due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. BNY Mellon Q1 ...