AI English summary of an SEC filing — figures as filed
BNY Mellon said total revenue for Q4 2024 was $4,847 million, an increase of 11% compared with 4Q23, and diluted earnings per common share was $1.54, or $1.72 as adjusted.
Key points
AI summaryBNY Mellon said total revenue for Q4 2024 was $4,847 million, an increase of 11% compared with 4Q23, and diluted earnings per common share was $1.54, or $1.72 as adjusted.
The company said full-year 2024 total revenue was $18,619 million, an increase of 5% compared with 2023, and diluted earnings per common share was $5.80, or $6.03 as adjusted.
BNY Mellon said noninterest expense for 4Q24 was $3,355 million, a decrease of 16% compared with 4Q23, and included $165 million of noninterest expense primarily related to severance and litigation reserves.
The company said it returned $1.1 billion of capital to common shareholders in 4Q24, consisting of $349 million in dividends and $750 million in share repurchases, and the CET1 ratio as of December 31, 2024 was 11.2%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
4Q24 Total Revenue and Diluted Earnings Per Common Share
BNY Mellon said total revenue for Q4 2024 was $4,847 million, an increase of 11% compared with 4Q23, and diluted earnings per common share was $1.54, or $1.72 as adjusted.
Source · Based on the filing body and exhibits
Full-Year 2024 Total Revenue and Diluted Earnings Per Common Share
The company said full-year 2024 total revenue was $18,619 million, an increase of 5% compared with 2023, and diluted earnings per common share was $5.80, or $6.03 as adjusted.
Source · Based on the filing body and exhibits
4Q24 Noninterest Expense and Notable Items
BNY Mellon said noninterest expense for 4Q24 was $3,355 million, a decrease of 16% compared with 4Q23, and included $165 million of noninterest expense primarily related to severance and litigation reserves.
Source · Based on the filing body and exhibits
4Q24 Capital Distribution and CET1 Ratio
The company said it returned $1.1 billion of capital to common shareholders in 4Q24, consisting of $349 million in dividends and $750 million in share repurchases, and the CET1 ratio as of December 31, 2024 was 11.2%.
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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