Bank of New York Mellon (NYSE:BK) reported quarterly earnings of $2.08 per share which beat the analyst consensus estimate of $1.98 by 5.05 percent. This is a 20.93 percent increase over earnings of $1.72 per share from the same period last year. The company reported quarterly sales of $5.179 billion which beat the analyst consensus estimate of $5.136 billion by 0.84 percent. This is a 6.85 percent increase over sales of $4.847 billion the same period last year.