BNY Mellon

Priorities are organic investment in technology and platforms, sustainable dividend growth, and anti‑dilutive buybacks subject to capital tests. In Q3 2025 BNY returned about $1.23B to common shareholders, including $849M of buybacks at ~$102.53 per share; common shares outstanding fell to ~697M.

The quarterly dividend increased 13% to $0.53 following a favorable SCB. 2024 free cash flow was negative on cash‑flow optics, which is typical for banks, but distributable earnings and capital generation supported significant repurchases in 2024–2025. M&A is disciplined and bolt‑on; investment focus is AI, data, collateral, payments and Pershing’s Wove.

Overall, shareholder‑friendly with prudent reinvestment.