The Bank of New York Mellon (BK)
(Delayed Data from NYSE)
$71.11 USD
-0.75 (-1.04%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $71.11 0.00 (0.00%) 7:58 PM ET
2-Buy of 5 2
D Value F Growth D Momentum F VGM
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$71.11 USD
-0.75 (-1.04%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $71.11 0.00 (0.00%) 7:58 PM ET
2-Buy of 5 2
D Value F Growth D Momentum F VGM
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BNY Mellon (BK) Q2 Earnings In Line With Estimates, Costs Up
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BNY Mellon's (BK) Q2 results benefit from higher revenues and AUM growth, partly offset by higher expenses.
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A rise in revenues, offset by higher expenses aid BNY Mellon's Q2 results.
BNY Mellon (BK) Adds 2.9% Ahead of Earnings: What To Watch
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Shares of BNY Mellon (BK) added 2.9% during regular hours Wednesday, the last day of trading before the company releases its latest quarterly earnings report. Here's what to expect on Thursday.
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While higher rates, along with modest loan growth, is expected to positively impact BNY Mellon's (BK) net interest revenues in Q2, the expectation of a decline in fee revenues might hurt top line.
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Strong fundamentals and solid growth prospects make BNY Mellon (BK) stock worth betting on.