New York
Bank of New York Mellon Q4 profit tops consensus as higher rates boost NII
Bank of New York Mellon (BK) reported Q4 earnings and revenue that beat expectations, driven by higher interest rates and increased interest income.
Bank of New York Mellon (NYSE:BK) Q4 earnings and revenue surpassed Wall Street estimates as higher interest rates bolstered the lender's interest income during the quarter.
Q4 adjusted EPS of $1.28, topping the $1.12 average analyst estimate, ticked... [877 chars]