The Bank of New York Mellon Cor (BNY) SEC Filings & Earnings Calls

CET1 ratio declined to 10.9% from 11.7% YoY, potentially due to higher RWA or capital actions; still above regulatory minimums.

“CET1 ratio 10.9% vs 11.7% YoY; Tier 1 leverage 5.7% vs 6.1% YoY.”

Noninterest expense growth of 8% YoY may pressure margins if revenue growth slows.

“Noninterest expense $3,489M vs $3,236M YoY (+8%).”

Increased leverage from new debt issuance, though senior notes are callable and structured with floating rates to manage interest expense.

“Issuance of $2.5B in senior medium-term notes increases total debt outstanding.”

Deposit margin compression

“Net interest income increased 20%... partially offset by deposit margin compression.”

AUM net outflows in long-term strategies

“Net long-term strategy outflows were $21 billion in the second quarter of 2026, driven by liability-driven, index and equity investments.” · word for word

Goodwill impairment risk in Investment Management

“The fair value of the Investment Management reporting unit exceeded its carrying value by approximately 6%.” · word for word

Dividend restrictions on common stock if preferred dividends not paid

“ability to declare or pay dividends on common stock will be subject to certain restrictions if dividends on Series N Preferred Stock are not paid”

CET1 ratio declined to 11.0% from 11.5% a year ago, though still well above regulatory minimums

“CET1 ratio 11.0% vs 11.5% at June 30, 2025”

SLR declined to 6.3% from 6.9% a year ago, approaching the 5% minimum for large banks

“Supplementary leverage ratio 6.3% vs 6.9% at June 30, 2025”

Dividend increase and share repurchases may reduce capital ratios, but SCB floor provides regulatory cushion.

“SCB at 2.5% floor; dividend increase to $0.63/share”

Goodwill impairment risk in Investment Management

“The fair value of the Investment Management reporting unit exceeded its carrying value by approximately 6%. ... In the future, changes in the assumptions or the discount rate could produce a material non-cash goodwill impairment.” · word for word

AUM net outflows

“Net long-term strategy outflows were $7 billion in the first quarter of 2026, driven by index and equity investments, partially offset by inflows of fixed income and liability-driven investments.” · word for word

Deposit margin compression

“Net interest income increased 18%, primarily reflecting the continued reinvestment of investment securities at higher yields and balance sheet growth, partially offset by deposit margin compression.” · word for word

Single-day RWA volatility

“The decrease primarily reflects higher risk-weighted assets (“RWA”) driven by a single-day increase in overnight loan balances on the last day of the quarter, along with higher client activity in agency securities lending and foreign exchange.” · word for word

Deposit Margin Compression

“Net interest income increased by 15%, primarily reflecting the reinvestment of maturing investment securities at higher yields and balance-sheet growth, partially offset by deposit margin compression.” · word for word

Investment and Wealth Management Revenue Decline

“Investment and Wealth Management: Total revenue decreased by 4%.” · word for word

Cybersecurity and Operational Risk

“A cybersecurity incident directed at us or a third party could result in the theft, loss, disclosure, use or alteration of information, unauthorized or loss of access to information, or system or network failures.”

Deposit Margin Compression

“Net interest income increased by 15%, primarily reflecting the reinvestment of maturing investment securities at higher yields and balance-sheet growth, partially offset by deposit margin compression.”

Investment and Wealth Management Revenue Decline

“Investment and Wealth Management: Total revenue decreased by 4%.”

Cybersecurity and Operational Risk

“A cybersecurity incident directed at us or a third party could result in the theft, loss, disclosure, use or alteration of information, unauthorized or loss of access to information, or system or network failures.” · word for word

Investment Management Goodwill Impairment Risk

“The fair value of the Investment Management reporting unit exceeded its carrying value by approximately 8%... if the discount rate applied to the estimated cash flows was increased or decreased by 25 basis points, the fair value of the Investment Management reporting unit would decrease or increase by approximately 4%” · word for word

AUM Net Outflows

“Net long-term strategy outflows were $33 billion in the third quarter of 2025, driven by liability-driven investments, equity and index investments” · word for word

Deposit Mix Shift

“Net interest income increased 18%... partially offset by changes in deposit mix.”