By Chris Wack
Bank of New York Mellon Corp. (BK) on Wednesday reported third-quarter earnings that beat analysts' estimates.
The company posted quarterly net income of $1.04 billion, or $1.07 a share. Analysts polled by FactSet expected profit of $940 million, or 99 cents a share.
Total revenue was $3.86 billion. Analysts were looking for $3.9 billion, per FactSet.
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