Bank of New York Mellon Corp

The Bank of New York Mellon Corporation announced the public offering of 500,000 depositary shares, each representing a 1/100th interest in its newly issued Series N Noncumulative Perpetual Preferred Stock. An underwriting agreement was executed with several major financial institutions for this offering. The issuance of the Series N Preferred Stock includes certain restrictions on the company's ability to declare or pay dividends on, or purchase, common stock if dividends on the preferred stock are not paid.

The Bank of New York Mellon Corporation (BNY) reported strong financial results for the second quarter ended June 30, 2026. The company achieved diluted earnings per common share of $2.45, a 27% increase year-over-year, and record total revenue of $5.7 billion, up 13% year-over-year. BNY demonstrated robust organic growth and significant profitability improvements, with a pre-tax operating margin of 39.8% and a return on tangible common equity (ROTCE) of 31.3%. The company also returned $1.5 billion to common shareholders through dividends and share repurchases and announced a 19% increase in its quarterly common stock dividend for the third quarter of 2026.

Bank of New York Mellon announced its intention to increase its quarterly cash dividend by 19%, from $0.53 to $0.63 per share, starting as early as the third quarter of 2026, pending Board approval. The company also noted that its Stress Capital Buffer (SCB) requirement has consistently remained at the 2.5% floor since 2020, following the Federal Reserve's 2026 bank stress test results. Additionally, the company confirmed its continued authorization to repurchase common shares under its existing program.

Bank of New York Mellon filed a Certificate of Elimination with the Delaware Secretary of State on June 23, 2026. This action removed all matters related to its Series H Noncumulative Perpetual Preferred Stock from its Restated Certificate of Incorporation. All outstanding shares of the Series H Preferred Stock had been redeemed on June 20, 2026.

The Bank of New York Mellon Corporation announced it will redeem all outstanding shares of its Series H Noncumulative Perpetual Preferred Stock and the corresponding depositary shares. The redemption date is set for June 20, 2026, with payment to be made on June 22, 2026. The redemption price for the depositary shares is $1,000 per share, and dividends will cease to accrue after the redemption date.

The Bank of New York Mellon Corporation announced the issuance of $1.5 billion in senior medium-term notes. This includes $750 million of 4.540% Fixed Rate / Floating Rate Callable Senior Notes due 2032 and another $750 million of 5.085% Fixed Rate / Floating Rate Callable Senior Notes due 2037. The notes were registered under a Form S-3 registration statement.

The Bank of New York Mellon Corporation announced that Charles F. Lowrey, an independent director, was appointed to its Risk Committee and Corporate Governance, Nominating and Social Responsibility Committee, effective April 14, 2026. Additionally, at its Annual Meeting on April 14, 2026, stockholders elected all director nominees, approved the 2025 executive compensation on an advisory basis, and ratified KPMG LLP as the independent auditor for 2026. These actions represent routine corporate governance matters.

The Bank of New York Mellon Corporation (BNY) announced its financial results for the first quarter ended March 31, 2026. The company released an Earnings Release and a Financial Supplement detailing these results. BNY will also host a conference call and webcast on April 16, 2026, to discuss the financial performance and provide an outlook, with a Quarterly Update Presentation made available.