07:06 AM EDT, 04/16/2024 (MT Newswires) -- Bank of New York Mellon ( BK ) reported Q1 adjusted earnings Tuesday of $1.29 per diluted share, up from $1.13 a year earlier.

Analysts polled by Capital IQ expected $1.19.

Revenue for the quarter that ended March 31 expressed as the sum of net interest revenue and total fee and other revenue was $4.53 billion, up from $4.42 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.40 billion.

Separately, the company said it maintained its quarterly dividend at $0.42 per share, payable on May 9 to shareholders of record on April 26.

The bank shares were up 1.8% in recent Tuesday premarket activity.