Recent Updates — BK

The Bank of New York Mellon reported third-quarter diluted earnings per share of $2.34, a 24% increase from the prior-year period, driven by total revenue growth of 12% to $5.68 billion. Net income applicable to common shareholders rose 20% to $1.61 billion, while noninterest expense increased 8% to $3.49 billion. The company returned $1.4 billion to common shareholders through $436 million in dividends and $937 million in share repurchases. Assets under custody and administration reached $63.4 trillion, up 10% year-over-year. BNY operates as a global financial services firm providing asset servicing, wealth management, and investment management solutions.

The Bank of New York Mellon Corporation announced an intention to increase its quarterly common share dividend from $0.53 to $0.63 per share, a 19% increase, starting as early as the third quarter of 2026, pending Board approval. The company's Stress Capital Buffer requirement has remained at the 2.5% floor, as per the Federal Reserve's 2026 stress test results. The Bank of New York Mellon Corporation is a global financial services company providing investment and asset management, and custody, and trust services.

The Bank of New York Mellon Corporation filed a Certificate of Elimination with the Delaware Secretary of State on June 23, 2026. This filing removes all matters regarding the Series H Noncumulative Perpetual Preferred Stock from the company's Restated Certificate of Incorporation following the redemption of all outstanding Series H shares on June 20, 2026. The company is a global financial services provider.

On June 12, 2026, The Bank of New York Mellon Corporation announced the redemption of 5,825 shares of its Series H Noncumulative Perpetual Preferred Stock and all corresponding depositary shares, effective June 20, 2026. The company operates in the financial services industry as a global custodian and asset management bank.

The Bank of New York Mellon Corporation issued $1.5 billion in new senior medium-term notes, consisting of $750 million due 2032 at a 4.540% rate and $750 million due 2037 at a 5.085% rate. This issuance of callable debt provides the company with additional long-term capital and will impact its future interest expense and overall capital structure.