Bank of New York Mellon Reports Strong Q2 Earnings with Raised Full-Year Outlook
Bank of New York Mellon (BNY) reported a strong second-quarter performance with EPS up 27% year-over-year to $2.45 and revenue rising 13% to a record $5.7 billion, driven by broad-based business growth and increased client activity. The company raised its full-year outlook for revenue and net interest income growth while emphasizing capital returns and innovation in AI and digital assets.
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Topics: ai_investment banking dividend_increase financials revenue_growth