Categories AlphaGraphs, Earnings, Finance
BK Earnings: A snapshot of Bank of New York Mellon’s Q2 2023 results
Financial services provider The Bank of New York Mellon Corporation (NYSE: BK) reported an increase in second-quarter 2023 adjusted earnings, aided by a 5% growth in revenues.
Net income, adjusted for special items, moved up to $1.38 per share in the second quarter from $1.15 per share in the same period of the prior year. Unadjusted net income applicable to common shareholders increased to $1.03 billion or $1.30 per share from $835 million or $1.03 per share in the comparable quarter of last year.
Second-quarter revenue was $4.45 billion, up 5% from the year-ago quarter. Meanwhile, assets under management decreased 2% annually to $1.9 trillion, mainly due to the market impact.
“BNY Mellon delivered good financial performance amid a very dynamic operating environment, and we continued taking actions to position the firm for higher underlying growth and enhanced operational efficiency over time,” said the company’s chief executive officer Robin Vince.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
Important takeaways from Conagra Brands’ Q4 2025 report
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported weaker-than-expected sales and adjusted earnings for its fourth quarter, reflecting ongoing economic uncertainty and muted consumer spending.
Delta Air Lines (DAL) gains on strong Q2 2025 performance
Shares of Delta Air Lines (NYSE: DAL) rose 12% on Thursday after the company delivered strong results for the second quarter of 2025 and restored its guidance for the full
CAG Earnings: Conagra Brands Q4 adj. profit drops, misses estimates
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported lower sales and adjusted earnings for the fourth quarter of 2025. Results missed analysts' estimates. Net sales