Reports Q2 revenue $5.03B, consensus $4.81B. Reports Q2 CET1 capital ratio 11.5%. Reports Q2 tangible book value per share $29.557. “BNY delivered a strong performance in the second quarter. Total revenue was up 9% year-over-year and for the first time exceeded $5 billion in a quarter. We also generated another quarter of significant positive operating leverage which resulted in an improved pre-tax margin of 37% and an ROTCE of 28%,” said Robin Vince, CEO.
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