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:   2024-03-26T23:59:59+00:00
Accession:  0001390777-24-000055
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNY Mellon adopts ASU 2023-02 for renewable energy tax credits, realigns segment reporting
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- Adopted ASU 2023-02 on Jan. 1, 2024, retrospectively for renewable energy investments.
- Revised historical segment data for Q4 2022 through 2023 and full years 2022-2023.
- Business realignments of similar products/services effective Q1 2024; no impact on consolidated results.
- ASU 2023-02 affected investment revenue and income tax provision but not material to net income or EPS.
- Exhibit 99.1 provides restated quarterly and annual financial supplements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1390777/000139077724000055/0001390777-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1390777/000139077724000055/bk-20240326.htm
  HTML page:      https://secwatch.observer/filing/0001390777-24-000055

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