Q2 Earnings: BNY Mellon Profits Rise Nearly 12% as Pershing Revenue Stays Flat
Bank of New York Mellon reported profits of nearly 12% in Q2 2011, but the Pershing RIA custody unit's revenues were flat.
2010 Q4 Earnings: BNY Mellon Misses Expectations; Pershing Fees Rise
Bank of New York Mellon reported Q4 profits of $0.55 per share, missing analysts’ expectations for earnings of $0.57. The bank’s Pershing unit said revenues rose though profits fell.