SECsense Logo

Bank of New York Mellon Corp 8-K Report: Capital Structure Insights & Preferred Securities

$BK
Form 8-K
Filed on: 2025-02-11
Source
Bank of New York Mellon Corp 8-K Report: Capital Structure Insights & Preferred Securities

From the provided section of the financial report, here are the key extracted details and insights:

  1. Entity Information:
  • Name: Bank of New York Mellon Corp
  • CIK (Central Index Key): 0001390777
  • Address: 240 Greenwich Street, New York, NY 10286
  • Contact Number: (212) 495-1784
  1. Stock Information:
  • Common Stock: Par value of $0.01
  • Ticker Symbols:
    • Common Stock: BK (NYSE)
    • Preferred Stock: BK/P (NYSE)
  1. Preferred Securities:
  • Type: 6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities
  • Issuer: Mellon Capital IV
  • Guarantee: Fully and unconditionally guaranteed by The Bank of New York.
  1. Reporting Context:
  • Filing Date: February 11, 2025
  • Filing Type: 8-K
  • Period Covered: February 11, 2025
  1. Stock Classes:
  • Common Stock
  • Preferred Stock
  1. Regulatory Information:
  • SEC File Number: 001-35651
  • EIN (Employer Identification Number): 13-2614959

Insights:

  • The report indicates that the Bank of New York Mellon Corp is actively managing its capital structure with a focus on preferred securities that offer a fixed-to-floating interest rate, which could appeal to investors looking for income stability.
  • The presence of both common and preferred stocks indicates a tiered equity structure, potentially providing flexibility in capital raising and dividend distribution strategies.
  • The detailed identifiers and regulatory information suggest compliance with SEC disclosure requirements, enhancing transparency for investors.

In summary, this section highlights critical capital structure elements of Bank of New York Mellon Corp and its commitment to regulatory transparency while managing its financial instruments.