The Bank of New York Mellon Corporation (NYSE:BK) will release its first-quarter financial results before the opening bell on Friday, April 11.
Analysts expect the bank to report quarterly earnings at $1.51 per share, up from $1.29 per share in the year-ago period. Bank of New York Mellon projects quarterly revenue of $4.77 billion, compared to $4.53 billion a year earlier, according to data from Benzinga Pro.
On March 3, BNY priced $500 million public offering of depositary shares linked to 6.300% Series J Preferred Stock.
Bank of New York Mellon shares fell 3.5% to close at $76.61 on Thursday.
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