Categories AlphaGraphs, Earnings, Finance
A visual representation of BNY Mellon (BK) Q2 2020 earnings results
The Bank of New York Mellon Corporation (NYSE:BK) reported second quarter 2020 earnings results today.
Revenues increased 2% year-over-year to $4 billion, driven by a 2% increase in fee revenue.
Net income applicable to common shareholders decreased 7% to $901 million. Diluted EPS remained flat versus the prior-year quarter at $1.01.
Net interest revenue fell 3%, mainly reflecting lower interest rates on interest-earning assets, partially offset by the benefit of lower deposit and funding rates and higher deposits, securities portfolio and loans.
Provision for credit losses amounted to $143 million, primarily reflecting increased downgrades and the continuation of the challenging macroeconomic outlook.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
