On June 23, 2022, the Federal Reserve released the results of its 2022 bank stress tests, which demonstrate the resilience and strength of BNY Mellon's business model and capital position. The Federal Reserve also notified the company that its preliminary Stress Capital Buffer (SCB) requirement will remain 2.5%, equal to the regulatory floor. This SCB is expected to be effective from October 1, 2022 to September 30, 2023.

The company intends to increase its quarterly cash dividend on its common shares by 9% from $0.34 to $0.37 per share, commencing as early as the third quarter of 2022, subject to approval by the company's Board of Directors.