Investing.com - Bank of NY Mellon (NYSE:BK) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.13 on revenue of $3.96B. Analysts polled by Investing.com expected EPS of $0.9975 on revenue of $3.86B. .
For the year, Bank of NY Mellon shares are up 16.12%, broadly in line with the S&P 500 which is up 16.46% year to date.
Bank of NY Mellon follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported second quarter EPS of $3.78 on revenue of $31.4B, compared to forecasts of EPS of $3.16 on revenue of $30B.
UnitedHealth earnings beat analyst's expectations on Thursday, with second quarter EPS of $4.7 on revenue of $71.32B. Investing.com analysts expected EPS of $4.43 on revenue of $69.6B
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