secwatch.observer — SEC 8-K summary
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Issuer:     Bank of New York Mellon Corp (BK)
CIK:        0001390777
Form:       8-K
Filed at:   2023-10-17T23:59:59+00:00
Accession:  0001390777-23-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNY Mellon Q3 2023 EPS $1.22; adjusted EPS $1.27 up 5% YoY; ROTCE 20.5%
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- Net income $1.0B; diluted EPS $1.22; adjusted EPS $1.27 vs $1.21 a year ago (up 5%).
- Total revenue $4.4B +2% YoY; net interest revenue $1,016M +10% YoY; fee revenue $3,245M flat.
- Noninterest expense $3,089M -16% YoY; up 3% excluding notable items (goodwill impairment in 3Q22).
- Return on tangible common equity 20.5%; CET1 ratio 11.4%; Tier 1 leverage 6.1%.
- Returned $783M to shareholders including $450M in common share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1390777/000139077723000088/0001390777-23-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1390777/000139077723000088/bk-20231017.htm
  HTML page:      https://secwatch.observer/filing/0001390777-23-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer