---
schema_version: "secwatch.filing_event.v1"
accession: "0001390777-24-000003"
form_type: "8-K"
ticker: "BK"
cik: "0001390777"
company_name: "Bank of New York Mellon Corp"
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-06T23:50:24.545976+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BNY Mellon Q4 adj EPS $1.28 (down 2%); FY23 adj EPS $5.05 (+10%); 2024 NII seen down ~10%

## Summary
- Q4 GAAP diluted EPS $0.33, including $752M FDIC/severance/litigation charge and $150M contingent consideration adjustment.
- Full-year 2023 revenue $17.5B (+7% YoY), adj EPS $5.05 (+10%), adj ROTCE 22%.
- Q4 net interest revenue $1,101M (+8% QoQ); 2024 NII guided down ~10% YoY on deposit margin compression.
- Returned $3.9B capital in FY23 (123% payout ratio); quarterly dividend raised 14% in 3Q23.
- Tier 1 leverage ratio 6.0% (+25bps YoY); adj pre-tax margin 28.3% in Q4 vs 31.0% a year ago.

## SEC filing metadata
- accession: 0001390777-24-000003
- form_type: 8-K
- ticker: BK
- cik: 0001390777
- company_name: Bank of New York Mellon Corp
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1390777/000139077724000003/0001390777-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1390777/000139077724000003/bk-20240112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001390777-24-000003
- JSON: https://secwatch.observer/filing/0001390777-24-000003.json
- Plain text: https://secwatch.observer/filing/0001390777-24-000003.txt

## Key facts
- Earnings Releases
  Bank of New York Mellon Corp reported financial results for the fourth quarter ended December 31, 2023.
  - Period: the fourth quarter ended December 31, 2023
  - Result: reported results
  source text: On January 12, 2024, The Bank of New York Mellon Corporation (“BNY Mellon”) released information on its financial results for the fourth quarter ended December 31, 2023. Copies of the Earnings Release and the Financial Supplement are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1390777/000139077724000003/0001390777-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.