The Bank of New York Mellon Corporation (BNY) announced the appointment of Carolyn Weinberg as its Chief Solutions Innovation Officer. Weinberg will join the company on February 3 and be a member ...

He consults with the fundamental equity group that was created in 2021 through a combination of the teams from two BNY Mellon affiliates, Mellon Capital and Newton. This team of fundamental ...

BNY Mellon Large Cap Securities Fund earns an Average Process Pillar rating. The main driver of the rating is its parent firm's impressive long-term risk-adjusted performance, as shown by the firm ...

Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the BNY Mellon US Large Cap Core Equity ETF (BKLC), a passively managed exchange traded fund ...

Truist analyst David Smith raised the firm’s price target on BNY Mellon (BK) to $93 from $91 and keeps a Buy rating on the shares. The firm is updating its model after the company’s “very ...

BNY Mellon reported better-than-expected earnings for the fourth quarter of 2024, with earnings per share (EPS) surpassing analyst forecasts. The financial institution's stock saw a positive ...

Higher fee revenues, net interest income, reduction in provisions and non-interest expenses propelled BNY Mellon's strong results and buybacks also help the bank to deliver higher EPS. Together ...

The Fund seeks to provide long-term capital growth consistent with the preservation of capital. Current income is a secondary but important investment objective. The fund normally invests at least ...

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

BNY Mellon posted 33% YoY EPS growth and an 11% revenue increase, surpassing analyst expectations for Q4 2024. Noninterest expenses dropped 16% YoY due to FDIC adjustments, savings, and lower ...

Further, total non-interest expenses (GAAP basis) were $3.36 billion for BNY Mellon, down 16%. The decline was due to a fall in costs related to staff charges, net occupancy charges, distribution ...

Non-interest expenses fell 16%. Bank of New York Mellon (BK), or BNY, shares advanced 6% Wednesday morning as the financial firm posted better-than-expected results on higher fee revenue and lower ...