Categories AlphaGraphs, Earnings, Finance
Earnings: A snapshot of Bank of New York Mellon’s Q3 2023 results
Financial services provider The Bank of New York Mellon Corporation (NYSE: BK) reported an increase in third-quarter 2023 adjusted earnings, aided by a 2% growth in revenues.
Net income, adjusted for special items, increased to $1.27 per share in the third quarter from $1.21 per share in the same period of the prior year. Unadjusted net income applicable to common shareholders more than doubled to $956 million or $1.22 per share in Q3 from $319 million or $0.39 per share in the comparable quarter of last year.
Third-quarter revenue was $4.37 billion, up 2% from the year-ago quarter. Assets under management increased 3% annually to $1.8 trillion.
“We are innovating and pushing forward on our multi-year growth investments all while remaining disciplined to deliver positive operating leverage and pre-tax margin expansion,” said the company’s chief executive officer Robin Vince.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
