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Bank of New York Mellon Q2 EPS $1.13 Beats $1.00 Estimate

Benzinga2021-07-15

Bank of New York Mellon Corp. on Thursday reported a 9.9% rise in second-quarter profit.

The New York City-based company's earnings per share were $1.13, up from $1.01 in the comparable quarter a year ago and a consensus of $1 taken from FactSet and based on 17 analysts forecasts.

Net income attributable to shareholders was $991 million, compared with $901 million a year ago.

The bank booked a provision benefit against credit losses of $86 million compared with a negative $143 million for the second quarter of 2020.

Net interest income fell to $645 million from $780 million. Its Common Equity Tier 1 ratio--a measure of financial of strength--was unchanged at 12.6%.

The bank's board approved a $6 billion stock-repurchase plan through to the fourth quarter of next year, the bank said, and its quarterly dividend increased by 10%, to 34 cents a share.

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评论19

  • PatchG
    ·2021-07-15
    Tell me your opinion about this news...
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    • Blueman13
      trade on caution mode will do
      2021-07-15
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  • BruceLyy
    ·2021-07-15
    Pls like, thank you
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  • Someonelse
    ·2021-07-15
    Banks are flushed with money
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  • 74c5dd72
    ·2021-07-15
    Pls like and comment
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    • BruceLyy
      pls like
      2021-07-15
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  • JoeK
    ·2021-07-15
    Yeah
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  • CeLsIuS
    ·2021-07-15
    Wow
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  • Ahleepapa
    ·2021-07-15
    Buy!
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  • dandan_4896
    ·2021-07-15
    Piak piak to the moon la :)
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    • Ahleepapa
      PIak who?
      2021-07-15
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    • dandan_4896
      u
      2021-07-18
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    • Joker猫
      sei morta
      2021-07-15
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  • Syrope
    ·2021-07-15
    Like please? 
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  • Chrissssy
    ·2021-07-15
    Like and comment please:)
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    • Syrope
      Ok
      2021-07-15
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    • JoeK
      ok
      2021-07-15
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  • Ei_888
    ·2021-07-15
    Like
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    • WWTan
      done
      2021-07-15
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  • SherryVJ
    ·2021-07-15
    Buy ? 
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  • AdrielLHB
    ·2021-07-15
    👍
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  • PML318
    ·2021-07-15
    Reply
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  • LEONARD87
    ·2021-07-15
    Gogo go 
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  • Furrys
    ·2021-07-15
    Good
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  • Michelle23
    ·2021-07-15
    Nice
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  • Jimmyboy
    ·2021-07-15
    Please like and comment.
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    • KadK
      like
      2021-07-15
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    • KuehBulu
      like
      2021-07-15
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  • Lauuu
    ·2021-07-15
    Like and comment 
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