BNY Mellon beats by $0.01, reports revs in-line :
- Reports Q2 (Jun) adj earnings of $0.76 per share, $0.01 better than the Capital IQ Consensus of $0.75; revenues fell 2.8% year/year to $3.78 bln vs the $3.8 bln Capital IQ Consensus.
- Net interest revenue totaled $767 million in 2Q16, a decrease of $12 million year-over-year and an increase of $1 million sequentially.
- Assets under management were $1.66 trillion at June 30, 2016, a decrease of 2% year-over-year and an increase of 2% sequentially.
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