BNY Mellon reports Q2 EPS $1.30, consensus $1.22

Reports Q2 revenue $4.5B, consensus $4.37B. Reports Q2 CET capital ratio 11.1%. Reports Q2 ROE 12%. Reports Q2 ROTCE 23%. Reports Q2 tangible book value per share $24.17. Robin Vince, president and CEO, commented, “BNY Mellon delivered good financial performance amid a very dynamic operating environment, and we continued taking actions to position the firm for higher underlying growth and enhanced operational efficiency over time.”