Oct. 16 at 5:40 PM
$BK beats expectations with Q3 earnings — but is it all smooth sailing ahead? 🤔
📈 EPS of
$1.91 tops the Zacks Consensus Estimate of
$1.76, driven by higher fee revenues and net interest income.
📉 Watch out: Elevated expenses and concentration risk due to dependence on fee-based revenues could pose challenges.
Full analysis here 👉 https://www.zacks.com/stock/news/2770540/bny-mellon-q3-earnings-top-on-higher-nii-fee-income-expenses-rise?cid=sm-stocktwits-2-2770540-body-16482&ADID=SYND_STOCKTWITS_TWEET_2_2770540_BODY_16482