Tag: $BNY Mellon

Bank of New York Mellon Corp.’s first-quarter net income jumped as the company reinvested maturing securities at higher yields, fueling a 6% increase in revenue.

Oct 17 (Reuters) – Bank of New York Mellon Corp beat Wall Street estimates for third-quarter profit on Tuesday, as rate hikes by the U.S. Federal Reserve bolstered the lender’s income from loans.

July 18 (Reuters) – Bank of New York Mellon Corp (BK.N) beat Wall Street targets for second-quarter profit on Tuesday as the U.S. Federal Reserve’s aggressive policy tightening boosted income earned from interest payments on loans.