Bank of New York Stock Jumps on Earnings Beat, Surge in Net Interest Revenue

Bank of New York Mellon BK +4.97% earnings surpassed analysts’ expectations, joining other lenders in helping to boost investors’ confidence in the economy.

The bank (ticker: BK ) on Monday reported adjusted earnings, which removed a goodwill impairment charge, of $1.21 per share for the third quarter, ahead of the $1.09 expected by analysts. Revenue of $4.3 billion was slightly more than the consensus call for $4.2 billion.

https://www.barrons.com/articles/bank-of-new-york-mellon-earnings-stock-price-51666008389

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No worries, our stock is back to moving aggressively sideways and it should be another reliable 20 year run.

Hope you sold the stock that day

Well, it didn't take long for our stock to go back down to where it was when GW was president.

AND this multi-billion-dollar company felt "sooo" strongly about their employees during "Employee Appreciation" week that they couldn't even afford the publicized pizzas, instead giving us NO drinks and cut-in-tiny-fourths "sandwiches" (no joke- they bought fast food sandwiches---like mini hoagies---and cut them in fourths). I looooooooved the "only one sandwich per person" signs, the people monitoring you and the follow-up email stating "we all hope you enjoyed your lunch." Meanwhile, everyone I know was mad and ended up getting a REAL lunch elsewhere. Thanks!

Markets are moving up, floating all boats in anticipation of the house and senate change of control. It’s nothing that the Bank is doing, believe me.

This is a sign of the end times

Thread regarding Bank of New York Mellon Corp. layoffs

Bank of New York Stock Jumps on Earnings Beat, Surge in Net Interest Revenue

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