BNY Q3 profit rises
BNY Q3 profit rises as assets under custody and administration top $50 trillion
BNY's profit jumped 16% in the third quarter on higher investment services fees as assets under its custody and administration exceeded the $50 trillion mark for the first time, the world's largest custodian bank said on Friday.
BNY Mellon Q3 profit tops estimates, aided by surging asset values
The nation’s oldest bank has been aided by a surge in asset values around the world. The S&P 500 Index, for instance, has risen more than 20% since the start of the year alone.
BNY Mellon Soars with Record Asset Custody and Quarterly Profit
BNY Mellon's profit climbed 16% in Q3, driven by higher investment services fees as assets under custody hit $52.1 trillion. Economic resilience and expected interest rate cuts boosted investment activities,
BNY beats Q3 profit estimates as assets under custody and administration top $50 trillion
BNY beat third-quarter profit estimates on Friday, boosted by higher investment services fees as assets under its custody and administration exceeded the $50 trillion mark for the first time. The bank's fees,
BNY becomes first bank in history with $50 trillion in assets under custody and administration on the way to a record quarter
It took BNY Mellon 240 years to pass $50 trillion in assets under custody and administration, reaching 52.1 trillion as of September 30, according to it’s quarterly report out today, and by doing so became the first bank to do so.
BNY Mellon Q3 earnings top consensus
BNY tops major $50T milestone, CEO cites Q3 moves to drive future results higher
Asked how much of surpassing the $50 trillion benchmark was "lucky versus being smart," given the soaring stock market, Vince ...
Benzinga.com7h
US Banks Top Q3 Earnings Estimates: JPMorgan Delivers 'Robust Beat,' Financial Sector Stocks Hit Record Highs
Bank of New York Mellon (BNY Mellon) reported adjusted Q3 2024 EPS of $1.52, beating the analyst consensus of $1.42. The ...
The Tokenist13h
Bank of New York Mellon (BK) Reports 22% Increase in EPS for Q3
The Bank of New York Mellon Corporation (NYSE: BK), commonly known as BNY, has reported robust financial results for the ...
Wells Fargo bought back $3.5 billion worth of own shares in Q3
Wells Fargo bought back 62 million shares valued at $3.5 billion in the third quarter, reducing its share count by 8% from the same period a year ago to 292.4 million. The company increased its ...
BNY Mellon Q3 earnings top consensus as fee revenue, net interest income climb
Bank of New York Mellon (NYSE:BK), also known as BNY, turned Q3 earnings that topped the Wall Street consensus as fee revenue ...