BNY Mellon Files 8-K with Financial Exhibits

TL;DR

BNY Mellon dropped an 8-K, mostly just financial docs. Nothing major to see here.

AI Summary

On March 26, 2024, The Bank of New York Mellon Corporation (BNY Mellon) filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a routine update or disclosure rather than a significant event. No specific dollar amounts or new material events were detailed in the provided excerpt.

Why It Matters

This filing serves as a standard disclosure for investors and regulators, providing updated financial information and exhibits related to the company's operations.

Risk Assessment

Risk Level: low — The filing appears to be a routine disclosure of financial statements and exhibits, with no indication of significant new risks or material adverse events.

Key Players & Entities

• The Bank of New York Mellon Corporation (company) — Registrant
• BNY Mellon (company) — Commonly known name for the registrant
• 240 Greenwich Street, New York, New York 10286 (location) — Principal executive offices and mailing address

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value BK New York Stock Exchange

Filing Documents

• bk-20240326.htm (8-K) — 27KB
• ex991_revisedfinancialsupp.htm (EX-99.1) — 1868KB
• bnym_logox3.jpg (GRAPHIC) — 42KB
• 0001390777-24-000055.txt ( ) — 2201KB
• bk-20240326.xsd (EX-101.SCH) — 2KB
• bk-20240326_def.xml (EX-101.DEF) — 17KB
• bk-20240326_lab.xml (EX-101.LAB) — 29KB
• bk-20240326_pre.xml (EX-101.PRE) — 17KB
• bk-20240326_htm.xml (XML) — 4KB

01. OTHER EVENTS

ITEM 8.01. OTHER EVENTS. The Bank of New York Mellon Corporation (the "Company") is filing this Current Report on Form 8-K to provide supplemental financial disclosure related to (i) the Company's adoption on Jan. 1, 2024 of Accounting Standards Update ("ASU") 2023-02, Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method , on a retrospective basis for the Company's investments in renewable energy projects that have met the eligibility criteria and (ii) certain realignments of similar products and services reported within the Company's lines of business, which became effective in the first quarter of 2024. Exhibit 99.1 contains historical quarterly business segment financial data revised to reflect the aforementioned developments for the quarter ended Dec. 31, 2022, the quarters ended March 31, June 30, Sept. 30 and Dec. 31, 2023 and the full years ended Dec. 31, 2022 and Dec. 31, 2023. The realignments within the lines of business did not impact the previously reported consolidated financial results of the Company. The adoption of ASU 2023-02 had an impact on investment and other revenue and on provision for income taxes on the Company's consolidated income statement but did not materially impact the consolidated net income or earnings per share for the years ended Dec. 31, 2022 and Dec. 31, 2023. Exhibit 99.1 is incorporated by reference into this Item 8.01.

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) EXHIBITS. Exhibit Number Description 99.1 Revised Financial Supplement – Adoption of New Accounting Guidance and Certain Business Realignments 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The Bank of New York Mellon Corporation (Registrant) Date: March 26, 2024 By: /s/ Jean Weng Name: Jean Weng Title: Secretary

View Full Filing

View this 8-K filing on SEC EDGAR