AI English summary of an SEC filing — figures as filed
The company said total revenue for Q2 2024 was $4,597 million, up 2% from a year earlier. Noninterest expense was $3,070 million, down 1%, and diluted EPS was $1.52, up 16%.
Key points
AI summaryThe company said total revenue for Q2 2024 was $4,597 million, up 2% from a year earlier. Noninterest expense was $3,070 million, down 1%, and diluted EPS was $1.52, up 16%.
BNY said adjusted diluted EPS for Q2, excluding notable items, was $1.51, up 9% from a year earlier. It said adjusted noninterest expense was $3,077 million, up 1%. The FDIC special assessment adjustment for Q2 was $(38) million.
Total fee revenue for Q2 was $3,398 million, up 4% from a year earlier, the company said. Net interest income fell 6% to $1,030 million, which it attributed mainly to changes in balance sheet mix.
The company said it returned $923 million to common shareholders in Q2, consisting of $322 million in dividends and $601 million in share repurchases. The CET1 ratio was 11.4% as of June 30, 2024.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
2Q24 Revenue, Expense and Diluted EPS Summary
The company said total revenue for Q2 2024 was $4,597 million, up 2% from a year earlier. Noninterest expense was $3,070 million, down 1%, and diluted EPS was $1.52, up 16%.
Source · Based on the filing body and exhibits
Adjusted EPS of $1.51 Excluding Notable Items
BNY said adjusted diluted EPS for Q2, excluding notable items, was $1.51, up 9% from a year earlier. It said adjusted noninterest expense was $3,077 million, up 1%. The FDIC special assessment adjustment for Q2 was $(38) million.
Source · Based on the filing body and exhibits
2Q24 Total Fee Revenue and Net Interest Income
Total fee revenue for Q2 was $3,398 million, up 4% from a year earlier, the company said. Net interest income fell 6% to $1,030 million, which it attributed mainly to changes in balance sheet mix.
Source · Based on the filing body and exhibits
2Q24 Capital Return and CET1 Ratio
The company said it returned $923 million to common shareholders in Q2, consisting of $322 million in dividends and $601 million in share repurchases. The CET1 ratio was 11.4% as of June 30, 2024.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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