Bank of New York Mellon (NYSE:BK) reported quarterly earnings of $1.94 per share which beat the analyst consensus estimate of $1.76 by 10.35 percent. This is a 28.48 percent increase over earnings of $1.51 per share from the same period last year. The company reported quarterly sales of $5.028 billion which beat the analyst consensus estimate of $4.825 billion by 4.21 percent. This is a 9.38 percent increase over sales of $4.597 billion the same period last year.