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Bank of NY Mellon Q4 Earnings Beat Estimates, Revenue Falls Short

Bank of NY Mellon (NYSE: BK) reported fourth-quarter EPS of $1.30, surpassing the analyst estimate of $1.08 by $0.22.

BNY Mellon build
BNY Mellon build

However, revenue for the quarter came in at $3.9B, falling short of the consensus estimate of $4.24B.

Despite this, the bank's stock price closed at $48.16 and has seen positive EPS revisions in the last 90 days. Investing also rates the bank's financial health as "good performance".

For more information on Bank of NY Mellon's earnings performance and financials, visit's earnings calendar.