(RTTNews) - The Bank of New York Mellon Corp. (BK) announced a profit for its first quarter that Increases, from the same period last year
The company's bottom line totaled $1.56 billion, or $2.24 per share. This compares with $1.14 billion, or $1.58 per share, last year.
Excluding items, The Bank of New York Mellon Corp. reported adjusted earnings of $1.57 billion or $2.25 per share for the period.
The company's revenue for the period rose 12.7% to $5.40 billion from $4.79 billion last year.
The Bank of New York Mellon Corp. earnings at a glance (GAAP) :
-Earnings: $1.56 Bln. vs. $1.14 Bln. last year. -EPS: $2.24 vs. $1.58 last year. -Revenue: $5.40 Bln vs. $4.79 Bln last year.
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