AI English summary of an SEC filing — figures as filed
The company said diluted earnings per share for Q3 2024 were $1.50, up 22% from a year earlier, and $1.52, up 20%, excluding notable items. Net income applicable to common shareholders was $1,110 million.
Key points
AI summaryThe company said diluted earnings per share for Q3 2024 were $1.50, up 22% from a year earlier, and $1.52, up 20%, excluding notable items. Net income applicable to common shareholders was $1,110 million.
The company said total revenue for Q3 was $4,648 million, up 5% from a year earlier, and that noninterest expense of $3,100 million was not changed from the prior-year period (—%). Fee revenue was $3,404 million, up 5%.
The company said assets under custody and/or administration at Q3 end were $52.1 trillion, up 14% from a year earlier, and assets under management were $2.1 trillion, up 18%. It said AUC/A exceeded $50 trillion for the first time.
The Bank of New York Mellon said it returned $1,078 million to common shareholders in Q3, consisting of dividends of $353 million and share repurchases of $725 million. As of September 30, 2024, the CET1 ratio was 11.9%.
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.
3Q24 Diluted EPS and Adjusted EPS
The company said diluted earnings per share for Q3 2024 were $1.50, up 22% from a year earlier, and $1.52, up 20%, excluding notable items. Net income applicable to common shareholders was $1,110 million.
Source · Based on the filing body and exhibits
3Q24 Total Revenue and Noninterest Expense
The company said total revenue for Q3 was $4,648 million, up 5% from a year earlier, and that noninterest expense of $3,100 million was not changed from the prior-year period (—%). Fee revenue was $3,404 million, up 5%.
Source · Based on the filing body and exhibits
AUC/A and AUM Levels
The company said assets under custody and/or administration at Q3 end were $52.1 trillion, up 14% from a year earlier, and assets under management were $2.1 trillion, up 18%. It said AUC/A exceeded $50 trillion for the first time.
Source · Based on the filing body and exhibits
3Q24 Capital Return and Capital Ratios
The Bank of New York Mellon said it returned $1,078 million to common shareholders in Q3, consisting of dividends of $353 million and share repurchases of $725 million. As of September 30, 2024, the CET1 ratio was 11.9%.
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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