The Bank of New York Mellon Corporation (NYSE:BK) will release earnings results for the second quarter, before the opening bell on Tuesday, July 15.
Analysts expect the New York-based company to report quarterly earnings at $1.75 per share, up from $1.51 per share in the year-ago period. Bank of New York Mellon projects to report quarterly revenue at $4.81 billion, compared to $4.6 billion a year earlier, according to data from Benzinga Pro.
On July 1, BNY announced intention to increase quarterly common stock dividend by 13% to 53 cents per share.
Bank of New York Mellon shares gained 0.4% to close at $92.43 on Thursday.
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