The Bank Of New York Mellon Corporation · NYSE:BNY
The Bank Of New York Mellon — Bank of New York Mellon — Shareholder Meeting (April 2020)
17 slides from The Bank Of New York Mellon's shareholder meeting presentation, Apr 15, 2020
Slide 1: 2020 Annual Meeting of Stockholders
Se BNY MELLON 2020 Annual Meeting of Stockholders A727
Slide 2: Management Priorities in Response to Coronavirus Impact
Management Priorities in Response to Coronavirus Impact Support well-being of employees & communities during challenging time Early and successful initiation of our business continuity plans Significant majority of global workforce working remotely Maintaining strong, liquid and lower-risk balance s
Slide 3: Our Business: Well-Diversified and Stable Franchise
Our Business Well-Diversified and Stable Franchise As of Dec. 31, 2019. Refer to the Appendix for respective important disclosures, disclaimers and reconciliations. Investment Services Investment Management Asset Servicing | Pershing | Issuer Services | Markets Clearance and Collateral Management |
Slide 4: A Dynamic Model Delivering Long-Term Value
Prior investments strengthened technology infrastructure and operations Enterprise-wide Resiliency Office ensuring first-line resiliency, coordinated response Executing on comprehensive business continuity plans A Dynamic Model Delivering Long-Term Value Performs relatively well under stress Clients
Slide 5: Strong Capital and Liquidity
Strong Capital and Liquidity Refer to the Appendix for respective important disclosures, disclaimers and reconciliations. Consolidated Regulatory Capital Ratios Minimum Required1 Ratios (at Dec. 31, 2019) Buffer CET12 8.5% 11.5% +300 bps Tier 1 Leverage2 4.0% 6.6% +260 bps SLR3 5.0% 6.1% +110 bps Av
Slide 6: Long Term Strategic Priorities Remain Unchanged
Long Term Strategic Priorities Remain Unchanged Drive Exceptional Execution, Accelerate Our Evolution Building a Technology-Driven and Digital Culture Drive resiliency and security, enhance operational effectiveness and deliver more value for our clients across a broader set of their needs. Enhancin
Slide 7: 2019 Financial Performance
2019 Financial Performance NOTE: May not foot due to rounding. Refer to the Appendix for respective important disclosures, disclaimers and reconciliations. $ in billions, except EPS 2019 Reported Impact of 2019 Notable Items 2019 Operating1 2019 vs. 2018 Operating2 Revenue $16.5 $0.7 $15.7 (4)% Expe
Slide 8: Attractive Shareholder Returns while Maintaining Capital Strength
Attractive Shareholder Returns while Maintaining Capital Strength 3,115 3,176 3,587 4,447 Total Payout Ratio2 102% 93% 92% 105% 104% Dividend Per Share $0.68 $0.72 $0.86 $1.04 $1.18 Common Shares Repurchased (millions) 55.6 58.7 54 63.9 69.3 ($ millions except per share amounts) Common dividends Sha
Slide 9: In Closing
In Closing Sustainable and unique franchise with scale and global diversification Focused on the wellbeing of our employees and broader community Delivering value as a trusted partner to our clients Operational resiliency in an unprecedented environment Delivering on strategic priorities Maintaining
Slide 10: Q&A
Q&A 2020 ANNUAL MEETING OF STOCKHOLDERS
Slide 11: Cautionary Statement
Cautionary Statement A number of statements in our presentations, the accompanying slides and the responses to your questions are “forward-looking statements.” Words such as “estimate,” “forecast,” “project,” “anticipate,” “likely,” “target,” “expect,” “intend,” “continue,” “seek,” “believe,” “plan,
Slide 12: Appendix
Appendix 2020 ANNUAL MEETING OF STOCKHOLDERS
Slide 13: Footnotes and Sources
Slide 3 Includes the AUC/A of CIBC Mellon Global Securities Services Company, a joint venture with the Canadian Imperial Bank of Commerce, of $1.5 trillion at Dec. 31, 2019. Excludes securities lending cash management assets and assets managed in the Investment Services business. Includes AUM and AU
Slide 14: Full Year Results – Impact of Notable Items
Full Year Results – Impact of Notable Items FY18 FY19 Results - GAAP Notable items(a) Results – non-GAAP Results - GAAP Notable items(b) Results – non-GAAP Fee revenue $12,842 $(13) $12,855 $13,236 $815 $12,421 Net securities (losses) gains (48) — (48) (18) (25) 7 Total fee and other revenue (loss)
Slide 15: Return on Common Equity and Tangible Common Equity Reconciliation
Return on Common Equity and Tangible Common Equity Reconciliation ($ millions) FY15 FY16 FY17 FY18 FY19 Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP $3,053 $3,425 $3,915 $4,097 $4,272 Add: Amortization of intangible assets 261 237 209 180 117 Less: T
Slide 16: Definitions
Definitions Acronym Definition AUC/A Assets under custody and/or administration AUM Assets under management CCAR Comprehensive Capital Analysis and Review CET1 Common equity tier 1 CLO Collateralized loan obligation EPS Earnings per share ETF Exchange-traded fund FX Foreign Exchange GAAP Generally a
Slide 17: ye BNY MELLON
ye BNY MELLON
Bank of New York Mellon — Shareholder Meeting (April 2020) on 6ix