Boosted by a pair of acquisitions last year, Bank of New York Mellon Corp. reported Wednesday that fourth quarter earnings rose 10%.

The New York-based company’s operating earnings increased to $734 million, or 59 cents per share, from $667 million, or 55 cents a share, from a year earlier. Analysts had expected operating earnings of 57 cents per share. Income from continuing operations declined to $690 million, or 55 cents per share, from $712 million, or 59 cents a share.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access