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The Bank of New York Mellon Corporation
Financial Supplement
Second Quarter 2026



Table of Contents
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Consolidated ResultsPage
Consolidated Financial Highlights
Condensed Consolidated Income Statement
Earnings Per Share and Related Information
Condensed Consolidated Balance Sheet
Fee and Other Revenue
Average Balances and Interest Rates
Capital and Liquidity
Business Segment Results
Securities Services Business Segment
Market and Wealth Services Business Segment
Investment and Wealth Management Business Segment
AUM by Product Type, Changes in AUM and Wealth Management Client Assets
Other Segment
Other
Investment Securities Portfolio
Allowance for Credit Losses and Nonperforming Assets
Supplemental Information
Explanation of GAAP and Non-GAAP Financial Measures



THE BANK OF NEW YORK MELLON CORPORATION

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CONSOLIDATED FINANCIAL HIGHLIGHTS
(dollars in millions, except per common share amounts, or unless otherwise noted)2Q26 vs.YTD26 vs.
2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Selected income statement data
Fee and other revenue$4,252 $4,039 $3,833 $3,845 $3,825 5%11%$8,291 $7,458 11%
Net interest income1,446 1,370 1,346 1,236 1,203 6 20 2,816 2,362 19 
Total revenue5,698 5,409 5,179 5,081 5,028 5 13 11,107 9,820 13 
Provision for credit losses(8)(7)(26)(7)(17)N/MN/M(15)1 N/M
Noninterest expense3,439 3,400 3,360 3,236 3,206 1 7 6,839 6,458 6 
Income before income taxes2,267 2,016 1,845 1,852 1,839 12 23 4,283 3,361 27 
Provision for income taxes475 386 376 395 404 23 18 861 704 22 
Net income$1,792 $1,630 $1,469 $1,457 $1,435 10%25%$3,422 $2,657 29%
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,696 $1,562 $1,427 $1,339 $1,391 9%22%$3,258 $2,540 28%
Diluted earnings per common share$2.45 $2.24 $2.02 $1.88 $1.93 9%27%$4.68 $3.51 33%
Average common shares and equivalents outstanding – diluted (in thousands)
692,223 698,164 705,140 712,854 720,007 (1)%(4)%695,514 723,826 (4)%
Financial ratios (Returns are annualized)
Pre-tax operating margin39.8%37.3%35.6%36.4%36.6%38.6%34.2%
Return on common equity17.2%16.1%14.5%13.7%14.7%16.6%13.7%
Return on tangible common equity – Non-GAAP (a)
31.3%29.3%26.6%25.6%27.8%30.3%26.0%
Non-U.S. revenue as a percentage of total revenue 37%36%36%35%36%36%35%
Period end
Assets under custody and/or administration (“AUC/A”) (in trillions) (b)(c)
$62.6 $59.4 $59.3 $57.8 $55.8 5%12%
Assets under management (“AUM”) (in trillions) (b)
$2.2 $2.1 $2.2 $2.1 $2.1 5%6%
Full-time employees46,500 47,200 48,100 49,200 49,900 (1)%(7)%
Book value per common share$58.82 $57.48 $57.36 $55.99 $54.76 
Tangible book value per common share – Non-GAAP (a)
$32.81 $31.75 $31.64 $30.60 $29.57 
Cash dividends per common share$0.53 $0.53 $0.53 $0.53 $0.47 
Common dividend payout ratio22%24%26%28%25%
Closing stock price per common share$144.61 $118.63 $116.09 $108.96 $91.11 
Market capitalization$98,118 $81,425 $79,897 $75,983 $64,254 
Common shares outstanding (in thousands)
678,504 686,379 688,236 697,349 705,241 
Capital ratios at period end (d)
Common Equity Tier 1 (“CET1”) ratio11.0%11.0%11.9%11.7%11.5%
Tier 1 capital ratio13.4%13.8%14.6%14.4%14.5%
Total capital ratio14.2%14.6%15.4%15.3%15.5%
Tier 1 leverage ratio5.9%6.0%6.0%6.1%6.1%
Supplementary leverage ratio (“SLR”)6.3%6.6%6.7%6.7%6.9%
(a) Non-GAAP information, for all periods presented, excludes goodwill and intangible assets, net of deferred tax liabilities. See “Explanation of GAAP and Non-GAAP Financial Measures” beginning on page 19 for the reconciliation of Non-GAAP measures.
(b) June 30, 2026 information is preliminary.
(c) Includes the AUC/A of CIBC Mellon Trust Company (“CIBC Mellon”), a joint venture with the Canadian Imperial Bank of Commerce, of $2.2 trillion at June 30, 2026, $2.1 trillion at March 31, 2026, $2.2 trillion at Dec. 31, 2025, $2.1 trillion at Sept. 30, 2025 and $2.0 trillion at June 30, 2025.
(d) Regulatory capital ratios for June 30, 2026 are preliminary. For our CET1, Tier 1 capital and Total capital ratios, our effective capital ratios under the U.S. capital rules are the lower of the ratios as calculated under the Standardized and Advanced Approaches, which for the periods presented, was the Standardized Approach.
N/M – Not meaningful.
3


THE BANK OF NEW YORK MELLON CORPORATION
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CONDENSED CONSOLIDATED INCOME STATEMENT
(dollars in millions)2Q26 vs.YTD26 vs.
2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Revenue
Investment services fees$2,909 $2,652 $2,632 $2,585 $2,583 10%13%$5,561 $4,994 11%
Investment management and performance fees796 785 806 782 758 1 5 1,581 1,497 6 
Foreign exchange revenue229 232 171 166 213 (1)8 461 369 25 
Financing-related fees64 62 53 67 51 3 25 126 111 14 
Distribution and servicing fees38 37 36 37 36 3 6 75 73 3 
Total fee revenue4,036 3,768 3,698 3,637 3,641 7 11 7,804 7,044 11 
Investment and other revenue216 271 135 208 184 N/MN/M487 414 N/M
Total fee and other revenue4,252 4,039 3,833 3,845 3,825 5 11 8,291 7,458 11 
Net interest income1,446 1,370 1,346 1,236 1,203 6 20 2,816 2,362 19 
Total revenue5,698 5,409 5,179 5,081 5,028 5 13 11,107 9,820 13 
Provision for credit losses(8)(7)(26)(7)(17)N/MN/M(15)1 N/M
Noninterest expense
Staff1,785 1,888 1,812 1,745 1,768 (5)1 3,673 3,602 2 
Software and equipment569 556 565 542 527 2 8 1,125 1,040 8 
Professional, legal and other purchased services441 388 429 404 388 14 14 829 754 10 
Sub-custodian and clearing162 151 139 141 150 7 8 313 281 11 
Net occupancy 143 123 143 140 132 16 8 266 268 (1)
Distribution and servicing76 73 73 68 63 4 21 149 128 16 
Business development68 50 71 45 53 36 28 118 101 17 
Bank assessment charges32 24 (22)6 22 N/MN/M56 60 N/M
Amortization of intangible assets10 9 11 12 11 11 (9)19 22 (14)
Other153 138 139 133 92 11 66 291 202 44 
Total noninterest expense3,439 3,400 3,360 3,236 3,206 1 7 6,839 6,458 6 
Income before income taxes 2,267 2,016 1,845 1,852 1,839 12 23 4,283 3,361 27 
Provision for income taxes 475 386 376 395 404 23 18 861 704 22 
Net income 1,792 1,630 1,469 1,457 1,435 10 25 3,422 2,657 29 
Net (income) loss attributable to noncontrolling interests(31)2 (8)(12)(12)N/MN/M(29)(14)N/M
Preferred stock dividends(65)(70)(34)(106)(32)N/MN/M(135)(103)N/M
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,696 $1,562 $1,427 $1,339 $1,391 9%22%$3,258 $2,540 28%
N/M – Not meaningful.
4


THE BANK OF NEW YORK MELLON CORPORATION
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EARNINGS PER SHARE AND RELATED INFORMATION
(dollars in millions, except common share amounts, or unless otherwise noted)2Q26 vs.YTD26 vs.
2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Basic earnings per share
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,696 $1,562 $1,427 $1,339 $1,391 9%22%$3,258 $2,540 28%
Average basic common shares outstanding686,125 691,178 697,540 705,873 714,799 (1)%(4)%688,759 718,039 (4)%
Basic earnings per share$2.47 $2.26 $2.04 $1.90 $1.95 9%27%$4.73 $3.54 34%
Diluted earnings per share
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,696 $1,562 $1,427 $1,339 $1,391 9%22%$3,258 $2,540 28%
Average basic common shares outstanding686,125 691,178 697,540 705,873 714,799 (1)%(4)%688,759 718,039 (4)%
Add: Dilutive impact of unvested performance share units and restricted stock units6,098 6,986 7,600 6,981 5,208 (13)%17%6,755 5,787 17%
Average diluted common shares and equivalents outstanding692,223 698,164 705,140 712,854 720,007 (1)%(4)%695,514 723,826 (4)%
Diluted earnings per share$2.45 $2.24 $2.02 $1.88 $1.93 9%27%$4.68 $3.51 33%
Common dividends
Cash dividends per common share$0.53 $0.53 $0.53 $0.53 $0.47 —%13%$1.06 $0.94 13%
Total common stock dividends (a)
$371 $376 $377 $381 $346 (1)%7%$747 $689 8%
Common dividend payout ratio (b)
22%24%26%28%25%23%27%
Common share repurchases (c)
Total common shares repurchased (in thousands)
8,016 8,257 9,450 8,276 10,387 (3)%(23)%16,273 19,051 (15)%
Average price paid per share of common stock$137.62 $119.06 $110.54 $102.53 $86.21 16%60%$128.20 $86.17 49%
Total common share repurchases (in millions)
$1,103 $983 $1,045 $849 $895 12%23%2,086 1,641 27%
Total capital returned to common shareholders (in millions)
$1,474 $1,359 $1,422 $1,230 $1,241 8%19%$2,833 $2,330 22%
Total payout ratio (b)
87%87%100%92%89%87%92%
Employee issuance
Shares issued related to employee stock-based compensation awards and employee benefit plans (in thousands)
141 6,400 337 384 193 N/MN/M6,541 6,612 (1)%
(a) Includes dividend equivalents on share-based awards.
(b) The common dividend payout ratio is based on total common stock dividends. The total payout ratio is based on the total capital returned to common shareholders, which includes total common stock dividends and common shares repurchased.
(c) Includes shares repurchased in the open market and shares repurchased in connection with employee benefit plans. In April 2024, we announced a share repurchase authorization providing for the repurchase of $6.0 billion of common shares. In April 2026, we announced a new share repurchase authorization providing for the repurchase of $10.0 billion of common shares in addition to any remaining capacity under the existing April 2024 authorization.
N/M - Not meaningful.
5


THE BANK OF NEW YORK MELLON CORPORATION
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CONDENSED CONSOLIDATED BALANCE SHEET
20262025
(dollars in millions)June 30
March 31 (a)
Dec. 31Sept. 30June 30
Assets
Cash and due from banks$7,483 $6,390 $5,111 $5,055 $5,699 
Interest-bearing deposits with the Federal Reserve and other central banks139,400 170,202 116,009 106,368 135,602 
Interest-bearing deposits with banks12,276 13,544 10,397 11,027 12,069 
Federal funds sold and securities purchased under resale agreements48,937 43,660 44,892 41,863 45,547 
Investment securities155,656 155,615 150,200 149,528 147,068 
Trading assets16,836 16,488 14,276 13,625 12,610 
Loans88,741 101,261 80,615 75,195 73,096 
Allowance for loan losses(222)(237)(245)(272)(275)
Net loans
88,519 101,024 80,370 74,923 72,821 
Premises and equipment3,910 3,796 3,581 3,549 3,289 
Accrued interest receivable1,473 1,402 1,435 1,426 1,348 
Goodwill16,731 16,734 16,767 16,773 16,823 
Intangible assets2,800 2,809 2,822 2,834 2,849 
Other assets30,998 29,853 26,440 28,341 30,056 
Total assets
$525,019 $561,517 $472,300 $455,312 $485,781 
Liabilities
Deposits$370,541 $417,080 $331,894 $314,697 $346,393 
Federal funds purchased and securities sold under repurchase agreements26,114 19,506 18,992 16,585 15,492 
Trading liabilities5,299 4,747 6,135 3,499 6,134 
Payables to customers and broker-dealers25,734 24,754 21,872 23,638 21,273 
Commercial paper4,816 1,002 2,003 2,364 2,361 
Other borrowed funds401 175 422 283 293 
Accrued taxes and other expenses4,906 4,449 5,544 4,920 4,634 
Other liabilities11,492 11,903 8,757 12,678 11,233 
Long-term debt30,368 32,582 31,873 32,287 33,429 
Total liabilities
479,671 516,198 427,492 410,951 441,242 
Temporary equity
Redeemable noncontrolling interests84 81 87 111 111 
Permanent equity
Preferred stock4,754 5,331 4,836 4,836 5,331 
Common stock14 14 14 14 14 
Additional paid-in capital30,348 30,142 29,907 29,795 29,659 
Retained earnings48,907 47,582 46,396 45,346 44,388 
Accumulated other comprehensive loss, net of tax(3,455)(3,496)(3,035)(3,362)(3,549)
Less: Treasury stock, at cost
(35,904)(34,790)(33,805)(32,750)(31,893)
Total The Bank of New York Mellon Corporation shareholders’ equity44,664 44,783 44,313 43,879 43,950 
Nonredeemable noncontrolling interests of consolidated investment management funds
600 455 408 371 478 
Total permanent equity
45,264 45,238 44,721 44,250 44,428 
Total liabilities, temporary equity and permanent equity
$525,019 $561,517 $472,300 $455,312 $485,781 
(a) The spot balance sheet on March 31, 2026, was temporarily elevated reflecting a single-day increase in deposits, interest-bearing deposits with the Federal Reserve and other central banks and overnight loans as a result of delayed processing of certain payments.
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THE BANK OF NEW YORK MELLON CORPORATION
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FEE AND OTHER REVENUE
2Q26 vs.YTD26 vs.
(dollars in millions)2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Investment services fees$2,909 $2,652 $2,632 $2,585 $2,583 10%13%$5,561 $4,994 11%
Investment management and performance fees:
Investment management fees (a)
793 784 792 776 748 161,577 1,482 6 
Performance fees3 1 14 6 10 N/MN/M4 15 N/M
Total investment management and performance fees (b)
796 785 806 782 758 151,581 1,497 6 
Foreign exchange revenue229 232 171 166 213 (1)8 461 369 25
Financing-related fees64 62 53 67 51 3 25 126 111 14
Distribution and servicing fees38 37 36 37 36 3 6 75 73 3 
Total fee revenue4,036 3,768 3,698 3,637 3,641 7117,804 7,044 11
Investment and other revenue:
Income (loss) from consolidated investment management funds60 (6)19 23 35 N/MN/M54 41 N/M
Seed capital gains (losses) (c)
12 (3)4 8 8 N/MN/M9 2 N/M
Other trading revenue59 94 76 73 59 N/MN/M153 130 N/M
Renewable energy investment gains11 44 6 19 15 N/MN/M55 30 N/M
Corporate/bank-owned life insurance43 48 51 41 35 N/MN/M91 73 N/M
Other investments gains (losses) (d)
19 108 (43)7 26 N/MN/M127 50 N/M
Disposal gains (losses)— — — 12 — N/MN/M— 40 N/M
Expense reimbursements from joint venture31 32 35 36 34 N/MN/M63 65 N/M
Other income6 4 2 19 7 N/MN/M10 18 N/M
Net investment securities gains (losses)(25)(50)(15)(30)(35)N/MN/M(75)(35)N/M
Total investment and other revenue216 271 135 208 184 N/MN/M487 414 N/M
Total fee and other revenue$4,252 $4,039 $3,833 $3,845 $3,825 5%11%$8,291 $7,458 11%
(a) Excludes seed capital gains (losses) related to consolidated investment management funds.
(b) On a constant currency basis, investment management and performance fees increased 5% (Non-GAAP) compared with 2Q25. See “Explanation of GAAP and Non-GAAP Financial Measures” beginning on page 19 for the reconciliation of this Non-GAAP measure.
(c) Includes gains (losses) on investments in BNY funds which hedge deferred incentive awards.
(d) Includes strategic equity, private equity and other investments.
N/M – Not meaningful.

7


THE BANK OF NEW YORK MELLON CORPORATION
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AVERAGE BALANCES AND INTEREST RATES
2Q261Q264Q253Q252Q25
Average balanceAverage rateAverage balanceAverage rateAverage balanceAverage rateAverage balanceAverage rateAverage balanceAverage rate
(dollars in millions; average rates are annualized)
Assets
Interest-earning assets:
Interest-bearing deposits with the Federal Reserve and other central banks$89,954 3.17%$97,886 3.19%$97,489 3.38%$94,533 3.69%$99,426 3.73%
Interest-bearing deposits with banks12,657 2.49 12,049 2.30 11,440 2.53 10,980 2.97 11,199 3.10 
Federal funds sold and securities purchased under resale agreements45,056 23.13 (a)42,848 24.29 (a)43,363 26.99 (a)40,885 30.66 (a)39,522 32.23 (a)
Investment securities:
U.S. government obligations36,407 3.59 34,521 3.50 33,726 3.49 31,754 3.59 29,279 3.63 
U.S. government agency obligations65,096 3.43 63,975 3.29 61,578 3.29 61,174 3.40 62,874 3.36 
Other securities54,853 3.50 55,405 3.45 55,119 3.54 54,986 3.61 54,610 3.58 
Total investment securities156,356 3.49 153,901 3.39 150,423 3.43 147,914 3.52 146,763 3.49 
Trading securities (b)
8,025 4.51 8,568 4.26 7,896 4.82 7,489 5.02 7,367 4.84 
Loans85,587 5.10 81,058 5.09 76,678 5.46 72,692 5.80 71,265 5.81 
Total interest-earning assets (b)
$397,635 5.98%$396,310 5.94%$387,289 6.46%$374,493 6.98%$375,542 7.03%
Noninterest-earning assets67,135 65,618 63,924 62,998 63,066 
Total assets$464,770 $461,928 $451,213 $437,491 $438,608 
Liabilities and equity
Interest-bearing liabilities:
Interest-bearing deposits$259,221 2.33%$263,497 2.39%$258,640 2.58%$248,016 2.90%$250,688 2.95%
Federal funds purchased and securities sold under repurchase agreements28,629 33.52 (a)19,457 47.90 (a)18,105 57.66 (a)16,242 69.11 (a)17,485 65.95 (a)
Trading liabilities2,271 4.47 2,565 4.17 2,839 4.03 3,333 4.40 2,821 4.94 
Payables to customers and broker-dealers17,957 3.72 17,636 3.47 16,764 4.02 16,434 4.34 15,494 4.19 
Commercial paper1,772 4.13 1,945 3.97 2,310 4.32 3,268 4.63 2,511 4.56 
Other borrowed funds415 4.24 325 5.01 339 4.57 243 4.63 432 5.06 
Long-term debt31,029 4.88 32,542 4.93 32,135 5.09 32,503 5.53 31,805 5.64 
Total interest-bearing liabilities$341,294 5.28%$337,967 5.34%$331,132 5.94%$320,039 6.64%$321,236 6.74%
Total noninterest-bearing deposits54,815 54,949 51,842 51,310 49,610 
Other noninterest-bearing liabilities23,330 24,116 23,858 21,674 24,073 
Total The Bank of New York Mellon Corporation shareholders’ equity44,809 44,432 43,978 43,974 43,223 
Noncontrolling interests522 464 403 494 466 
Total liabilities and equity$464,770 $461,928 $451,213 $437,491 $438,608 
Net interest margin1.45%1.38%1.38%1.31%1.27%
Net interest margin (FTE) – Non-GAAP (c)
1.45%1.38%1.38%1.31%1.27%
(a) Includes the average impact of offsetting under enforceable netting agreements of approximately $234 billion for 2Q26, $233 billion for 1Q26, $242 billion for 4Q25, $241 billion for 3Q25 and $247 billion for 2Q25. On a Non-GAAP basis, excluding the impact of offsetting, the yield on federal funds sold and securities purchased under resale agreements would have been 3.74% for 2Q26, 3.78% for 1Q26, 4.11% for 4Q25, 4.45% for 3Q25 and 4.45% for 2Q25. On a Non-GAAP basis, excluding the impact of offsetting, the rate on federal funds purchased and securities sold under repurchase agreements would have been 3.66% for 2Q26, 3.70% for 1Q26, 4.02% for 4Q25, 4.36% for 3Q25 and 4.36% for 2Q25. We believe providing the rates excluding the impact of netting is useful to investors as it is more reflective of the actual rates earned and paid.
(b) Average rates were calculated on an FTE basis, at tax rates of approximately 21%.
(c) See “Explanation of GAAP and Non-GAAP Financial Measures” beginning on page 19 for the reconciliation of this Non-GAAP measure.
8


THE BANK OF NEW YORK MELLON CORPORATION
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CAPITAL AND LIQUIDITY
20262025
(dollars in millions)June 30March 31Dec. 31Sept. 30June 30
Consolidated regulatory capital ratios: (a)
Standardized Approach:
CET1 capital$21,555 $21,108 $21,086 $20,645 $20,149 
Tier 1 capital26,302 26,435 25,909 25,471 25,472 
Total capital27,783 27,927 27,390 27,079 27,243 
Risk-weighted assets196,332 191,849 177,677 176,432 175,668 
CET1 ratio11.0%11.0%11.9%11.7%11.5%
Tier 1 capital ratio13.4 13.8 14.6 14.4 14.5 
Total capital ratio14.2 14.6 15.4 15.3 15.5 
Advanced Approaches:
CET1 capital$21,555 $21,108 $21,086 $20,645 $20,149 
Tier 1 capital26,302 26,435 25,909 25,471 25,472 
Total capital27,444 27,580 27,046 26,734 26,897 
Risk-weighted assets174,825 166,468 162,418 168,841 168,748 
CET1 ratio12.3%12.7%13.0%12.2%11.9%
Tier 1 capital ratio15.0 15.9 16.0 15.1 15.1 
Total capital ratio15.7 16.6 16.7 15.8 15.9 
Tier 1 leverage ratio: (a)
Average assets for Tier 1 leverage ratio$446,389 $443,556 $432,803 $419,077 $420,131 
Tier 1 leverage ratio5.9%6.0%6.0%6.1%6.1%
SLR: (a)
Leverage exposure$416,566 $402,251 $388,529 $377,728 $369,838 
SLR6.3%6.6%6.7%6.7%6.9%
Average liquidity coverage ratio (a)
111%111%112%112%112%
Average net stable funding ratio (a)
130%131%130%130%131%
(a) Regulatory capital and liquidity ratios for June 30, 2026 are preliminary. For our CET1, Tier 1 capital and Total capital ratios, our effective capital ratios under the U.S. capital rules are the lower of the ratios as calculated under the Standardized and Advanced Approaches, which for the periods presented, was the Standardized Approach.
9


THE BANK OF NEW YORK MELLON CORPORATION
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SECURITIES SERVICES BUSINESS SEGMENT
2Q26 vs.YTD26 vs.
(dollars in millions)2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Revenue:
Investment services fees:
Asset Servicing$1,209 $1,170 $1,146 $1,129 $1,082 3%12%$2,379 $2,132 12%
Issuer Services463 278 331 313 376 67 23 741 643 15 
Total investment services fees1,672 1,448 1,477 1,442 1,458 15 15 3,120 2,775 12 
Foreign exchange revenue203 196 142 143 175 4 16 399 311 28 
Other fees (a)
77 74 68 73 60 4 28 151 125 21 
Total fee revenue1,952 1,718 1,687 1,658 1,693 14 15 3,670 3,211 14 
Investment and other revenue94 203 62 119 94 N/MN/M297 234 N/M
Total fee and other revenue2,046 1,921 1,749 1,777 1,787 7 14 3,967 3,445 15 
Net interest income782 757 735 670 675 3 16 1,539 1,305 18 
Total revenue2,828 2,678 2,484 2,447 2,462 6 15 5,506 4,750 16 
Provision for credit losses(5)(11)(13)(3)(13)N/MN/M(16)(5)N/M
Total noninterest expense1,722 1,648 1,651 1,639 1,605 4 7 3,370 3,174 6 
Income before income taxes$1,111 $1,041 $846 $811 $870 7%28%$2,152 $1,581 36%
Total revenue by line of business:
Asset Servicing$2,121 $2,170 $1,932 $1,903 $1,858 (2)%14%$4,291 $3,632 18%
Issuer Services707 508 552 544 604 39 17 1,215 1,118 9 
Total revenue by line of business$2,828 $2,678 $2,484 $2,447 $2,462 6%15%$5,506 $4,750 16%
Financial ratios:
Pre-tax operating margin39.3%38.9%34.1%33.1%35.3%39.1%33.3%
Memo: Securities lending revenue (b)
$78 $72 $69 $62 $56 8%39%$150 $108 39%
(a) Other fees primarily include financing-related fees.
(b) Included in investment services fees reported in the Asset Servicing line of business.
N/M – Not meaningful.
10


THE BANK OF NEW YORK MELLON CORPORATION
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SECURITIES SERVICES BUSINESS SEGMENT
2Q26 vs.YTD26 vs.
(dollars in millions, unless otherwise noted)2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Selected balance sheet data:
Average loans$13,180 $12,265 $11,439 $10,706 $11,327 7%16%$12,725 $11,337 12%
Average assets (a)
$214,794 $218,500 $211,728 $201,965 $206,064 (2)%4%$216,637 $200,273 8%
Average deposits$194,183 $197,789 $192,771 $183,070 $185,823 (2)%4%$195,976 $180,865 8%
Selected metrics:
AUC/A at period end (in trillions) (b)(c)
$45.3 $42.7 $42.7 $41.5 $39.9 6%14%
Market value of securities on loan at period end (in billions) (d)
$645 $629 $604 $554 $516 3%25%
Issuer Services
Total debt serviced at period end (in trillions)
$15.2 $15.0 $14.8 $14.5 $14.3 1%6%
Number of Depositary Receipts programs at period end1,655 1,632 1,614 1,601 1,568 1%6%
(a) In business segments where average deposits are greater than average loans, average assets include an allocation of investment securities equal to the difference.
(b) June 30, 2026 information is preliminary.
(c) Consists of AUC/A primarily from the Asset Servicing line of business and, to a lesser extent, the Issuer Services line of business. Includes the AUC/A of CIBC Mellon of $2.2 trillion at June 30, 2026, $2.1 trillion at March 31, 2026, $2.2 trillion at Dec. 31, 2025, $2.1 trillion at Sept. 30, 2025 and $2.0 trillion at June 30, 2025.
(d) Represents the total amount of securities on loan in our agency securities lending program. Excludes securities for which BNY acts as agent on behalf of CIBC Mellon clients, which totaled $71 billion at June 30, 2026, $73 billion at March 31, 2026, $74 billion at Dec. 31, 2025, $81 billion at Sept. 30, 2025 and $68 billion at June 30, 2025.
11


THE BANK OF NEW YORK MELLON CORPORATION
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MARKET AND WEALTH SERVICES BUSINESS SEGMENT
2Q26 vs.YTD26 vs.
(dollars in millions)2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Revenue:
Investment services fees:
Wealth Solutions$551 $544 $518 $520 $525 1%5%$1,095 $1,040 5%
Payments and Trade224 220 212 214 209 2 7 444 418 6 
Clearance and Collateral Management453 430 417 398 385 5 18 883 747 18 
Total investment services fees1,228 1,194 1,147 1,132 1,119 3 10 2,422 2,205 10 
Foreign exchange revenue34 36 28 31 30 (6)13 70 59 19 
Other fees (a)
71 70 65 70 63 1 13 141 128 10 
Total fee revenue1,333 1,300 1,240 1,233 1,212 3 10 2,633 2,392 10 
Investment and other revenue26 21 9 22 36 N/MN/M47 57 N/M
Total fee and other revenue1,359 1,321 1,249 1,255 1,248 3 9 2,680 2,449 9 
Net interest income611 571 569 524 506 7 21 1,182 1,003 18 
Total revenue1,970 1,892 1,818 1,779 1,754 4 12 3,862 3,452 12 
Provision for credit losses(2)(6)(7)(3)(6)N/MN/M(8)(2)N/M
Total noninterest expense948 937 951 912 912 1 4 1,885 1,793 5 
Income before income taxes$1,024 $961 $874 $870 $848 7%21%$1,985 $1,661 20%
Total revenue by line of business:
Wealth Solutions$806 $783 $754 $741 $751 3%7%$1,589 $1,482 7%
Payments and Trade571 545 524 510 490 5 17 1,116 967 15 
Clearance and Collateral Management593 564 540 528 513 5 16 1,157 1,003 15 
Total revenue by line of business$1,970 $1,892 $1,818 $1,779 $1,754 4%12%$3,862 $3,452 12%
Financial ratios:
Pre-tax operating margin52.0%50.8%48.1%48.9%48.4%51.4%48.1%
(a) Other fees primarily include financing-related fees.
N/M – Not meaningful.

12


THE BANK OF NEW YORK MELLON CORPORATION
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MARKET AND WEALTH SERVICES BUSINESS SEGMENT
2Q26 vs.YTD26 vs.
(dollars in millions, unless otherwise noted)2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Selected balance sheet data:
Average loans$56,258 $52,921 $49,613 $46,278 $44,262 6%27%$54,599 $43,627 25%
Average assets (a)
$148,791 $147,689 $145,105 $137,592 $135,607 1%10%$148,243 $132,684 12%
Average deposits$102,606 $103,043 $101,776 $97,508 $96,574 —%6%$102,823 $94,253 9%
Selected metrics:
AUC/A at period end (in trillions) (b)(c)
$16.9 $16.5 $16.2 $16.0 $15.6 2%8%
Wealth Solutions
AUC/A at period end (in trillions) (b)
$3.6 $3.3 $3.3 $3.2 $3.0 9%20%
Net new assets (U.S. platform) (in billions) (d)
$25 $22 $51 $3 $(10)N/MN/M
Daily average revenue trades (“DARTs”) (U.S. platform) (in thousands)
391 352 285 269 334 11%17%
Average active clearing accounts (in thousands)
8,730 8,601 8,487 8,387 8,405 1%4%
Payments and Trade
Average daily U.S. dollar payment volumes260,275 257,960 258,080 246,286 246,250 1%6%
Clearance and Collateral Management
Average collateral balances (in billions)
$8,199 $7,783 $7,453 $7,275 $7,061 5%16%
(a) In business segments where average deposits are greater than average loans, average assets include an allocation of investment securities equal to the difference.
(b) June 30, 2026 information is preliminary.
(c) Consists of AUC/A from the Clearance and Collateral Management and Wealth Solutions lines of business.
(d) Net new assets represent net flows of assets (e.g., net cash deposits and net securities transfers, including dividends and interest) in customer accounts in Pershing LLC, a U.S. broker-dealer.
N/M – Not meaningful.
13


THE BANK OF NEW YORK MELLON CORPORATION
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INVESTMENT AND WEALTH MANAGEMENT BUSINESS SEGMENT
2Q26 vs.YTD26 vs.
(dollars in millions)2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
Revenue:
Investment management fees$793 $785 $793 $776 $748 1%6%$1,578 $1,483 6%
Performance fees3 1 14 6 10 N/MN/M4 15 N/M
Investment management and performance fees (a)
796 786 807 782 758 1 5 1,582 1,498 6 
Distribution and servicing fees71 70 69 69 69 1 3 141 137 3 
Other fees (b)
(87)(83)(84)(78)(76)N/MN/M(170)(151)N/M
Total fee revenue780 773 792 773 751 1 4 1,553 1,484 5 
Investment and other revenue (c)
29 (1)11 10 9 N/MN/M28 14 N/M
Total fee and other revenue (c)
809 772 803 783 760 5 6 1,581 1,498 6 
Net interest income54 53 51 41 41 2 32 107 82 30 
Total revenue 863 825 854 824 801 5 8 1,688 1,580 7 
Provision for credit losses(5)9 3 — — N/MN/M4 2 N/M
Total noninterest expense686 726 703 640 653 (6)5 1,412 1,367 3 
Income before income taxes$182 $90 $148 $184 $148 102%23%$272 $211 29%
Total revenue by line of business:
Investment Management$577 $550 $577 $559 $543 5%6%$1,127 $1,061 6%
Wealth Management286 275 277 265 258 4 11 561 519 8 
Total revenue by line of business$863 $825 $854 $824 $801 5%8%$1,688 $1,580 7%
Financial ratios:
Pre-tax operating margin21.1%10.9%17.3%22.3%18.5%16.1%13.4%
Selected balance sheet data:
Average loans$14,410 $14,233 $13,931 $14,143 $13,991 1%3%$14,322 $13,765 4%
Average assets (d)
$27,508 $27,261 $26,948 $27,247 $27,114 1%1%$27,384 $26,760 2%
Average deposits$9,691 $9,592 $9,453 $9,201 $9,216 1%5%$9,642 $9,565 1%
(a) On a constant currency basis, investment management and performance fees increased 5% (Non-GAAP) compared with 2Q25. See “Explanation of GAAP and Non-GAAP Financial Measures” beginning on page 19 for the reconciliation of this Non-GAAP measure.
(b) Other fees primarily include investment services fees.
(c) Investment and other revenue and total fee and other revenue are net of income (loss) attributable to noncontrolling interests related to consolidated investment management funds.
(d) In business segments where average deposits are greater than average loans, average assets include an allocation of investment securities equal to the difference.
N/M – Not meaningful.
14


THE BANK OF NEW YORK MELLON CORPORATION
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AUM BY PRODUCT TYPE, CHANGES IN AUM AND WEALTH MANAGEMENT CLIENT ASSETS
2Q26 vs.YTD26 vs.
(dollars in billions)2Q261Q264Q253Q252Q251Q262Q25YTD26YTD25YTD25
AUM by product type: (a)(b)
Equity$184 $172 $179 $180 $168 7%10%
Fixed income267 261 262 257 248 2 8 
Index549 497 517 512 488 10 13 
Liability-driven investments523 530 539 537 588 (1)(11)
Multi-asset and alternative investments193 181 186 181 173 7 12 
Cash510 485 495 475 441 5 16 
Total AUM$2,226 $2,126 $2,178 $2,142 $2,106 5%6%
Changes in AUM: (a)(b)
Beginning balance of AUM$2,126 $2,178 $2,142 $2,106 $2,008 $2,178 $2,029 
Net inflows (outflows):
Long-term strategies:
Equity(6)(4)(4)(8)(3)(10)(6)
Fixed income9 3 5 7 5 12 7 
Liability-driven investments(14)1 (15)(23)— (13)1 
Multi-asset and alternative investments(1)— (1)(1)(4)(1)(6)
Total long-term active strategies inflows (outflows)(12)— (15)(25)(2)(12)(4)
Index(9)(7)(8)(8)(22)(16)(33)
Total long-term strategies inflows (outflows)(21)(7)(23)(33)(24)(28)(37)
Short-term strategies:
Cash24 (10)20 34 7 14 2 
Total net inflows (outflows) 3 (17)(3)1 (17)(14)(35)
Net market impact94 (23)40 30 70 71 45 
Net currency impact3 (12)(1)(10)45 (9)67 
Other— — — 15 (c)— — — 
Ending balance of AUM$2,226 $2,126 $2,178 $2,142 $2,106 5%6%$2,226 $2,106 6%
Wealth Management client assets (a)(d)
$348 $339 $350 $348 $339 3%3%
(a) June 30, 2026 information is preliminary.
(b) Represents assets managed in the Investment and Wealth Management business segment.
(c) Reflects a change in methodology beginning in the third quarter of 2025 to include assets under advisement.
(d) Includes AUM and AUC/A in the Wealth Management line of business.
15


THE BANK OF NEW YORK MELLON CORPORATION
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OTHER SEGMENT
(dollars in millions)2Q261Q264Q253Q252Q25YTD26YTD25
Revenue:
Fee revenue$(29)$(23)$(21)$(27)$(15)$(52)$(43)
Investment and other revenue36 50 45 45 33 86 95 
Total fee and other revenue7 27 24 18 18 34 52 
Net interest income (expense)(1)(11)(9)1 (19)(12)(28)
Total revenue6 16 15 19 (1)22 24 
Provision for credit losses4 1 (9)(1)2 5 6 
Noninterest expense83 89 55 45 36 172 124 
Loss before income taxes$(81)$(74)$(31)$(25)$(39)$(155)$(106)
Selected balance sheet data:
Average loans and leases$1,739 $1,639 $1,695 $1,565 $1,685 $1,689 $1,743 
Average assets $73,677 $68,478 $67,432 $70,687 $69,823 $71,093 $67,572 
16


THE BANK OF NEW YORK MELLON CORPORATION
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INVESTMENT SECURITIES PORTFOLIO
(dollars in millions)March 31, 20262Q26
change in
unrealized
gain (loss)		June 30, 2026
Fair value
as a % of amortized
cost (a)
Unrealized
gain (loss)
% Floating
rate (b)
Ratings (c)
Amortized
cost (a)
Fair valueAAA/
AA-		A+/
A-		BBB+/
BBB-		BB+ and
lower		Not
rated
 Fair value
Agency RMBS$49,103 $(60)$52,200 $49,595 95%$(2,605)24%100%—%—%—%—%
U.S. Treasury35,783 (59)36,117 35,851 99 (266)42 100 — — — — 
Non-U.S. government (d)
33,435 120 33,051 32,911 100 (140)24 82 18 — — — 
Agency commercial MBS9,380 (1)9,477 9,253 98 (224)44 100 — — — — 
CLOs8,337 16 8,842 8,846 100 4 100 100 — — — — 
Foreign covered bonds
8,707 31 8,594 8,571 100 (23)38 100 — — — — 
U.S. government agencies
4,003 1 4,047 3,875 96 (172)28 100 — — — — 
Non-agency commercial MBS
2,094 4 2,049 1,967 96 (82)45 100 — — — — 
Non-agency RMBS1,529 3 1,637 1,524 93 (113)49 100 — — — — 
Other asset-backed securities
347 (1)334 313 94 (21)20 100 — — — — 
Other debt securities11 — 11 11 100 — — — — — — 100 
Total investment securities$152,729 $54 $156,359 $152,717 (e)98%$(3,642)(f)35%96%4%—%—%—%
(a) Amortized cost includes the impact of hedged item basis adjustments, which was a net decrease of $1,280 million, and is net of allowance for credit losses.
(b) Includes the impact of hedges.
(c) Represents ratings by S&P, or the equivalent.
(d) Includes supranational securities.
(e) The fair value of available-for-sale securities totaled $107,400 million at June 30, 2026, or 70% of the investment securities portfolio. The fair value of the held-to-maturity securities totaled $45,317 million at June 30, 2026, or 30% of the investment securities portfolio.
(f) At June 30, 2026, includes a pre-tax net unrealized loss of $703 million related to available-for-sale securities, net of hedges, and $2,939 million related to held-to-maturity securities. The after-tax unrealized loss, net of hedges, related to available-for-sale securities was $532 million, and the after-tax unrealized loss related to held-to-maturity securities was $2,242 million.
Note: At June 30, 2026, the accretable purchase discount relating to investment securities was $2,937 million. Including the discontinued hedges, net accretion was $154 million in 2Q26.
17


THE BANK OF NEW YORK MELLON CORPORATION
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ALLOWANCE FOR CREDIT LOSSES AND NONPERFORMING ASSETS
20262025
(dollars in millions)June 30March 31Dec. 31Sept. 30June 30
Allowance for credit losses – beginning of period:
Allowance for loan losses$237 $245 $272 $275 $295 
Allowance for lending-related commitments85 74 63 70 75 
Allowance for other financial instruments (a)
25 25 33 34 31 
Allowance for credit losses – beginning of period$347 $344 $368 $379 $401 
Net (charge-offs) recoveries:
Charge-offs(1)(1)— (5)(10)
Recoveries1 11 2 1 5 
Total net (charge-offs) recoveries— 10 2 (4)(5)
Provision for credit losses (b)
(8)(7)(26)(7)(17)
Allowance for credit losses – end of period$339 $347 $344 $368 $379 
Allowance for credit losses – end of period:
Allowance for loan losses$222 $237 $245 $272 $275 
Allowance for lending-related commitments90 85 74 63 70 
Allowance for other financial instruments (a)
27 25 25 33 34 
Allowance for credit losses – end of period$339 $347 $344 $368 $379 
Allowance for loan losses as a percentage of total loans0.25%0.23%0.30%0.36%0.38%
Nonperforming assets$33 $69 $143 $160 $161 
(a) Includes allowance for credit losses on federal funds sold and securities purchased under resale agreements, available-for-sale securities, held-to-maturity securities, accounts receivable, cash and due from banks and interest-bearing deposits with banks.
(b) Includes all instruments within the scope of ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments.
18


THE BANK OF NEW YORK MELLON CORPORATION
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EXPLANATION OF GAAP AND NON-GAAP FINANCIAL MEASURES
BNY has included in this Financial Supplement certain Non-GAAP financial measures on a tangible basis as a supplement to GAAP information, which exclude goodwill and intangible assets, net of deferred tax liabilities. We believe that the return on tangible common equity – Non-GAAP is additional useful information for investors because it presents a measure of those assets that can generate income, and the tangible book value per common share – Non-GAAP is additional useful information because it presents the level of tangible assets in relation to shares of common stock outstanding.
Net interest income, on a fully taxable equivalent (“FTE”) basis – Non-GAAP and net interest margin (FTE) – Non-GAAP and other FTE measures include the tax equivalent adjustments on tax-exempt income which allows for the comparison of amounts arising from both taxable and tax-exempt sources and is consistent with industry practice. The adjustment to an FTE basis has no impact on net income.
The presentation of the growth rates of investment management and performance fees on a constant currency basis permits investors to assess the significance of changes in foreign currency exchange rates. Growth rates on a constant currency basis were determined by applying the current period foreign currency exchange rates to the prior period revenue. We believe that this presentation, as a supplement to GAAP information, gives investors a clearer picture of the related revenue results without the variability caused by fluctuations in foreign currency exchange rates.
Note:
Returns on common and tangible common equity ratios are annualized.
Return on common equity and tangible common equity reconciliation
(dollars in millions)2Q261Q264Q253Q252Q25YTD26YTD25
Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP$1,696 $1,562 $1,427 $1,339 $1,391 $3,258 $2,540 
Add: Amortization of intangible assets10 9 11 12 11 19 22 
Less: Tax impact of amortization of intangible assets3 2 3 3 2 5 5 
Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding amortization of intangible assets – Non-GAAP$1,703 $1,569 $1,435 $1,348 $1,400 $3,272 $2,557 
Average common shareholders’ equity$39,535 $39,448 $39,142 $38,626 $37,892 $39,492 $37,438 
Less: Average goodwill16,768 16,774 16,777 16,787 16,748 16,771 16,682 
 Average intangible assets2,809 2,819 2,827 2,842 2,850 2,814 2,849 
Add: Deferred tax liability – tax deductible goodwill1,225 1,226 1,227 1,236 1,236 1,225 1,236 
 Deferred tax liability – intangible assets659 660 662 665 668 659 668 
Average tangible common shareholders’ equity – Non-GAAP$21,842 $21,741 $21,427 $20,898 $20,198 $21,791 $19,811 
Return on common equity – GAAP 17.2%16.1%14.5%13.7%14.7%16.6%13.7%
Return on tangible common equity – Non-GAAP31.3%29.3%26.6%25.6%27.8%30.3%26.0%
19


THE BANK OF NEW YORK MELLON CORPORATION
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EXPLANATION OF GAAP AND NON-GAAP FINANCIAL MEASURES
Book value and tangible book value per common share reconciliation20262025
(dollars in millions, except common shares and unless otherwise noted)June 30March 31Dec. 31Sept. 30June 30
The Bank of New York Mellon Corporation shareholders’ equity at period end – GAAP$44,664 $44,783 $44,313 $43,879 $43,950 
Less: Preferred stock4,754 5,331 4,836 4,836 5,331 
The Bank of New York Mellon Corporation common shareholders’ equity at period end – GAAP39,910 39,452 39,477 39,043 38,619 
Less: Goodwill16,731 16,734 16,767 16,773 16,823 
Intangible assets2,800 2,809 2,822 2,834 2,849 
Add: Deferred tax liability – tax deductible goodwill1,225 1,226 1,227 1,236 1,236 
Deferred tax liability – intangible assets659 660 662 665 668 
The Bank of New York Mellon Corporation tangible common shareholders’ equity at period end – Non-GAAP$22,263 $21,795 $21,777 $21,337 $20,851 
Period-end common shares outstanding (in thousands)
678,504 686,379 688,236 697,349 705,241 
Book value per common share – GAAP$58.82 $57.48 $57.36 $55.99 $54.76 
Tangible book value per common share – Non-GAAP$32.81 $31.75 $31.64 $30.60 $29.57 
Net interest margin reconciliation
(dollars in millions)2Q261Q264Q253Q252Q25
Net interest income – GAAP$1,446 $1,370 $1,346 $1,236 $1,203 
Add: Tax equivalent adjustment— — — — 1 
Net interest income (FTE) – Non-GAAP$1,446 $1,370 $1,346 $1,236 $1,204 
Average interest-earning assets$397,635 $396,310 $387,289 $374,493 $375,542 
Net interest margin – GAAP (a)
1.45%1.38%1.38%1.31%1.27%
Net interest margin (FTE) – Non-GAAP (a)
1.45%1.38%1.38%1.31%1.27%
(a) Net interest margin is annualized.
Constant currency reconciliations2Q26 vs.
(dollars in millions)2Q262Q252Q25
Consolidated:
Investment management and performance fees – GAAP$796 $758 5%
Impact of changes in foreign currency exchange rates— 1 
Adjusted investment management and performance fees – Non-GAAP$796 $759 5%
Investment and Wealth Management business segment:
Investment management and performance fees – GAAP$796 $758 5%
Impact of changes in foreign currency exchange rates— 1 
Adjusted investment management and performance fees – Non-GAAP$796 $759 5%
20