Here are the 424B prospectus supplements from BNY Mellon (BNY) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BNY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BNY filings page.
The Bank of New York Mellon Corporation (BNY) is offering 1,250,000 depositary shares at $1,000 each, for a $1,250,000,000 aggregate public offering price. Each share represents a 1/100th interest in a Series O noncumulative perpetual preferred share, with a $1,000 liquidation amount per depositary share. Proceeds to BNY before offering expenses are $1,237,500,000; expected net proceeds after the underwriting discount and estimated expenses are approximately $1,237,085,000, for general corporate purposes.
Dividends are discretionary and noncumulative. The annual rate is 7.125% from the original issue date to, but excluding, December 20, 2031, then the five-year Treasury rate plus 2.192% for each reset period. Payments, if declared, are quarterly in arrears beginning March 20, 2027. BNY may redeem the shares on a dividend payment date on or after December 20, 2031, or within 90 days after a Regulatory Capital Treatment Event, subject to required regulatory approval. The securities are perpetual, are not exchange-listed or FDIC-insured, and are expected to be delivered on or about October 28, 2026.
The Bank of New York Mellon Corporation is offering 500,000 depositary shares, each representing a 1/100th interest in a share of Series N Noncumulative Perpetual Preferred Stock, at $1,000 per depositary share, for total proceeds of $500,000,000 before expenses.
The preferred carries a 6.150% fixed dividend on the $100,000 liquidation preference per share (equivalent to $1,000 per depositary share) to, but excluding, September 20, 2031, and then resets every five years to the five-year U.S. Treasury rate + 1.868%. Dividends are discretionary and noncumulative, payable quarterly starting December 20, 2026, only when declared and subject to regulatory and capital rules.
The Series N Preferred Stock is perpetual, ranks junior to all debt and senior to common stock in liquidation, and is redeemable at $100,000 per share / $1,000 per depositary share on or after September 20, 2031, or within 90 days of a Regulatory Capital Treatment Event, in each case with Federal Reserve approval. Neither the preferred nor the depositary shares will be listed on an exchange. Net proceeds of about $494.69 million are intended for general corporate purposes, including capital actions and funding of subsidiaries.
The Bank of New York Mellon Corporation is offering depositary shares, each representing a 1/100th interest in a share of its Series N Noncumulative Perpetual Preferred Stock. Each preferred share has a $100,000 liquidation preference, equivalent to $1,000 per depositary share.
Dividends on Series N are discretionary, noncumulative and payable quarterly when, as and if declared. The dividend rate is fixed until September 20, 2031, then resets every five years to the five-year treasury rate plus a spread. The stock is perpetual, ranks junior to all debt and structurally behind liabilities of subsidiaries, and carries very limited voting rights.
BNY may, with regulatory approval, redeem Series N on or after the September 20, 2031 dividend date or within 90 days after a Regulatory Capital Treatment Event, at $100,000 per share plus declared but unpaid dividends. The depositary shares will not be listed, so liquidity will depend on over-the-counter trading. Net proceeds will support general corporate purposes, including capital management and funding for subsidiaries. As of June 30, 2026, BNY reported $62.6 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.