Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC Financial were all down about the same, or more. Only Morgan Stanley stock was rising Thursday, but it is primarily an investment bank and asset manager, and less a consumer bank.

Earnings Previews: Bank of America, BNY Mellon, Citigroup, JPMorgan, Wells Fargo December-quarter earnings season begins with a bang Friday morning, with reports from five of the largest U.S ...

In a report released on January 15, Gerard Cassidy from RBC Capital maintained a Hold rating on Bank of New York Mellon Corporation (BK –

The U.S.’s oldest bank beat Bank of America to a $25-per-hour pay floor – and is touting its rank-and-file stock offerings and well-being improvements in what’s quickly becoming an annual answer to the Charlotte lender’s PR efforts.

The Bank of New York Mellon Corporation’s BK fourth-quarter 2024 adjusted earnings of $1.72 per share outpaced the Zacks Consensus Estimate of $1.56. Also, the figure reflected a jump of 33.3% from the prior-year quarter.

Bank of America Securities analyst Ebrahim Poonawala reiterated a Buy rating on Bank of New York Mellon Corporation (BK – Research Report)

Bank of New York Mellon BK6.41%increase; green up pointing triangle said quarterly earnings leapt higher as fee and interest revenue climbed and costs came down from a year earlier, helping lead ...

BNY posts strong Q4 earnings, analysts boost EPS estimates, highlight solid NII, fee growth potential, and strategic investments.

The Bank of New York Mellon Corporation’s BK fourth-quarter 2024 adjusted earnings of $1.72 per share outpaced the Zacks Consensus Estimate of $1.56. Also, the figure reflected a jump of 33.3% ...

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Bank of New York Mellon logged a higher profit in the fourth quarter as both fee and interest revenue climbed and costs came down from a year ago. The bank posted a profit of $1.16 billion, or $1.54 a share, compared with $206 million, or 21 cents a share, in the same quarter a year ago.

BofA raised the firm’s price target on BNY Mellon (BK) to $95 from $90 and keeps a Buy rating on the shares. Following earnings, the firm