The Bank of New York Mellon Corporation (NYSE: BK) disclosed its financial performance for the third quarter, making the report available to the public. The unveiling of the report took place in advance of the regular trading session.
The outcome has drawn the interest of Wall Street, on account of earnings and revenues shining brighter than anticipated market forecasts.
The firm registered an adjusted income of $1.52 per share for the quarter, outplayed the street anticipated $1.42 profit per share.
On the other hand, revenues for the quarter tallying $4648 million, outperformed wall street projected $4542.07 million.
In contrast to the exact quarter of last year revenues grew 6.31 percent, besides the profit per share soared 19.69 percent.
Bank of New York Mellon (BK) closed Thursday's regular trading session at $74.45, marking a 0.58 percent gain. During the day, BK shares traded between $73.66 and $74.47, with a day volume of 4.04 million shares.
