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:   2024-04-16T23:59:59+00:00
Accession:  0001390777-24-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNY Mellon Q1 EPS $1.29 adj, up 14% YoY; revenue $4.5B +3%; approves $6B buyback
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- GAAP EPS $1.25, adj EPS $1.29 (+14% YoY); revenue $4.527B +3% YoY.
- Pre-tax margin 29% (adj 30%); ROTCE 20.7% (adj 21.3%); net income $953M.
- Returned $1.3B to shareholders via dividends ($324M) and buybacks ($988M); new $6B buyback program.
- Avg deposits $279B (+2% YoY); Tier 1 leverage 5.9%; CET1 10.8%.
- AUC/A $48.8T (+5% YoY); AUM $2.0T (+6% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1390777/000139077724000061/0001390777-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1390777/000139077724000061/bk-20240416.htm
  HTML page:      https://secwatch.observer/filing/0001390777-24-000061

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