BNY quarterly profit rises 20% as revenue and EPS beat forecasts
Revenue rose 12% year over year to $5.68 billion, ahead of $5.55 billion consensus. Diluted EPS increased 24% to $2.34 versus $2.27 expected; adjusted EPS was $2.37. Net income attributable to common shareholders rose 20% to $1.61 billion.
Total revenue increased 12% year-on-year to $5.68bn, ahead of consensus forecasts of $5.55bn, while net income attributable to common shareholders jumped 20% to $1.61bn.Diluted earnings per share rose 24% to $2.34, beating expectations of $2.27, while adjusted EPS came in at $2.37. Non-interest exp…