Company: BK-PK
Filing Date: 2025-07-01
Form Type: 8-K
Source: 0001193125-25-154128
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Company: Bank of New York Mellon Corp
Filing Date: 2025-07-01
Form: 8-K
Item: Item 8.01
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ITEM 8.01.      OTHER EVENTS.  

On July 1, 2025, The Bank of New York Mellon Corporation (the “ Company”) announced that it intends to increase its quarterly common stock cash dividend by 13% from $0.47 to $0.53 per share, commencing as early as the third quarter of 2025, subject to approval by its Board of Directors (the “ Board”). The Company also announced that the Federal Reserve had notified the Company that its preliminary Stress Capital Buffer (“ SCB”) requirement will remain 2.5%, equal to the regulatory floor. This SCB is expected to be effective from October 1, 2025, to September 30, 2026 under the current capital plan rule.

The Company continues to be authorized to repurchase common shares under its existing share repurchase program approved by the Board, as announced in April 2024. The repurchases of common stock may be executed through open market purchases, in privately negotiated transactions or by other means, including through repurchase plans designed to comply with Rule10b5-1and through derivative, accelerated share repurchase and other structured transactions. The timing, manner and amount of repurchases are subject to various factors, including the Company’s capital position and prevailing market conditions.

In April 2025, the Federal Reserve proposed to revise its capital plan rule to (1) measure the SCB as the average of the CET1 capital ratio declines in the Supervisory Severely Adverse scenario, as calculated by the Federal Reserve, from the two most recent supervisory stress tests, plus four quarters of planned common stock dividends as a percentage of risk-weighted assets, subject to a 2.5% floor, and (2) extend the annual effective date of the SCB by one quarter, from October 1 to January 1, so that, following the supervisory stress test in a calendar year, new SCBs would generally be effective from January 1 through December 31 of the following calendar year. Although the proposal has not yet been finalized, the Company currently anticipates that the proposal will not have an impact on the Company’s SCB requirement. The Company’s SCB requirement has remained at the 2.5% regulatory floor since the introduction of the SCB requirement in 2020.

The information presented in this Current Report on Form 8-K 10-K 10-Q 8-K

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 193