Bank of New York Mellon Corp
BNY Mellon, one of the world's largest custody banks, said earnings from continuing operations jumped to $712 million from $50 million a year earlier.
Income per share was 59 cents, adjusted to include a tax benefit of 4 cents. Analysts had expected 51 cents a share, according to a survey by Thomson Reuters I/B/E/S.
Assets under custody and administration were $22.3 trillion at December 31, up 10 percent from a year earlier.
Asset and wealth-management fees were $736 million, up 5 percent from a year earlier and up 13 percent from the third quarter.
Among other products, BNY Mellon competes with banks including State Street Corp
Shares of BNY Mellon closed at $29.53 on Tuesday. They have risen from around $26 at the start of November.
(Reporting by Ross Kerber; editing by John Wallace)