The Bank of New York Mellon (BNY) Stock: Rebounds as Q3 Revenue Rises 12% and Earnings Jump 24%

TLDR BNY stock rebounds 2.44% premarket after Q3 earnings rise 24% from a year ago. BNY reports $5.68 billion in Q3 revenue as fee income and lending gains grow. BNY’s diluted earnings per share jump 24% to $2.34, as net income rises 20%. BNY custody and administration assets reach $63.4 trillion after 10% growth. BNY [...]

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