AI brief of an SEC Form 8-K · BNY Mellon (BNY)

BNY Q2 diluted EPS rises 16% to $1.52 as total revenue increases 2%

Positive Impact 3 of 5 earnings Written later

BNY reported second-quarter 2024 results on July 12, 2024, with diluted earnings per share of $1.52, up 16% from a year earlier, and total revenue of $4.6 billion, up 2%. Excluding notable items, EPS was $1.51, up 9%. The company also raised its common dividend by 12% after the Federal Reserve's 2024 stress test, and returned $923 million to common shareholders in the quarter.

Key points

  • Diluted EPS of $1.52, up 16% year over year; $1.51 excluding notable items, up 9%
  • Total revenue of $4.6 billion, up 2%; noninterest expense of $3.1 billion, down 1%
  • Returned $923 million to common shareholders: $322 million in dividends and $601 million in share repurchases
  • Common dividend increased 12% starting in the second quarter; CET1 ratio of 11.4% versus 10.8% at March 31, 2024

The filing

CompanyBNY Mellon (BNY)
Form8-K, current report
Filed with the SECJul 12, 2024, 6:30 AM ET
Accession number0001390777-24-000091

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 12, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.