Every material Form 8-K BNY Mellon filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
BNY said Rajashree Datta will join as Deputy Chief Risk Officer on December 15, 2024, and will succeed Senthil Kumar as Chief Risk Officer in the first half of 2025. Kumar is a Named Executive Officer, so the change affects a senior role, but the filing describes a planned handover and says the terms of his departure are consistent with company policies.
Rajashree Datta joins BNY as Deputy Chief Risk Officer on December 15, 2024.
Datta will succeed Senthil Kumar, Senior Executive Vice President and Chief Risk Officer, as CRO in the first half of 2025.
BNY determined that the terms of Kumar's departure are consistent with its applicable policies.
BNY reported third-quarter 2024 results on October 11, 2024, with diluted earnings per share of $1.50, up 22% from $1.23 a year earlier, and total revenue of $4.6 billion, up 5%. Net income applicable to common shareholders was $1.11 billion, down 3% from the second quarter, and the company returned $1,078 million to common shareholders.
Diluted EPS was $1.50, up 22% year over year; excluding notable items, EPS was $1.52, up 20%.
Total revenue was $4.6 billion, up 5% year over year; noninterest expense was $3.1 billion, flat year over year.
Assets under custody and/or administration exceeded $50 trillion for the first time, reaching $52.1 trillion.
Capital returned to common shareholders totaled $1,078 million, including $725 million of share repurchases and $353 million of dividends.
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.
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
BNY Mellon announced that Leigh-Ann Russell will join as Chief Information Officer and Global Head of Engineering, with an expected start date of September 15, 2024. She succeeds Bridget Engle, a named executive officer, whose departure terms were determined on June 12, 2024, under company policy.
Leigh-Ann Russell named Chief Information Officer and Global Head of Engineering, expected start September 15, 2024
Succeeds Bridget Engle, Senior Executive Vice President, Chief Information Officer and Global Head of Engineering
Departure terms for Engle determined June 12, 2024, consistent with company policies; the filing gives no financial details
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every BNY Mellon filing is on SEC EDGAR ↗. 8-K briefs of other companies →