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Bank of New York Mellon Q3 EPS rises 24% to $2.34

Securities Services revenue rose 15% year over year; Market and Wealth Services grew 12%, while Investment and Wealth Management increased 4%.

Filing Impact
(High)
Filing Sentiment

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Form Type
8-K

Rhea-AI Filing Summary

Bank of New York Mellon Corporation (BNY) reported third-quarter 2026 total revenue of $5.676 billion, up 12% year over year, and net income applicable to common shareholders of $1.608 billion, up 20%. Diluted EPS was $2.34, up 24%; net interest income rose 15% to $1.423 billion, while noninterest expense increased 8% to $3.489 billion. Sequentially, revenue was flat and diluted EPS declined 4%. BNY attributed fee growth primarily to net new business, higher client activity and market values, partially offset by AUM flow mix; net interest income growth primarily reflected reinvestment of investment securities at higher yields and balance sheet growth, partially offset by deposit margin compression.

Pre-tax operating margin was 38.5%, compared with 36.4% a year earlier, and non-GAAP ROTCE was 29.0%, versus 25.6%. At September 30, 2026, preliminary assets under custody and/or administration were $63.4 trillion, up 10% year over year, and preliminary assets under management were $2.2 trillion, up 2%.

BNY returned $1.373 billion to common shareholders, comprising $436 million in dividends and $937 million in share repurchases. The preliminary CET1 ratio was 10.9%, compared with 11.7% at September 30, 2025.

1 point · 0 major

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Positive

  • Moderate pointRevenue rose 12% and diluted EPS increased 24% year over year.

Negative

  • None.

Filing Explained

BNY reports that its April 2026 authorization provides for $10 billion of common-share repurchases, plus any capacity remaining under its April 2024 authorization; the authorization is not itself a report of purchases.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Total revenue $5.676 billion Third quarter of 2026; up 12% year over year
Net income applicable to common shareholders $1.608 billion Third quarter of 2026; up 20% year over year
Diluted earnings per share $2.34 Third quarter of 2026; up 24% year over year
Net interest income $1.423 billion Third quarter of 2026; up 15% year over year
Noninterest expense $3.489 billion Third quarter of 2026; up 8% year over year
Capital returned to common shareholders $1.373 billion Third quarter of 2026
Assets under custody and/or administration $63.4 trillion Preliminary at September 30, 2026; up 10% year over year
CET1 ratio 10.9% Preliminary at September 30, 2026; compared with 11.7% at September 30, 2025
assets under custody and/or administration financial
"assets under custody and/or administration were $63.4 trillion"
Assets under custody and/or administration are the financial holdings a bank or services firm physically safeguards (custody) or keeps track of and manages paperwork for (administration) on behalf of clients. Think of custody as a secure vault holding valuables and administration as the record-keeper who tallies transactions and handles statements. Investors watch this number because larger balances usually mean steady fee income, scale advantages and market trust, while declines can signal revenue pressure or client flight.
ROTCE financial
"ROTCE was 29.0%"
Return on Tangible Common Equity (ROTCE) measures how much profit a company generates for common shareholders using the company’s tangible equity — the book value of shareholders’ equity after subtracting intangible assets (like goodwill) and preferred stock. For investors it shows the efficiency of a company’s core, visible capital in producing earnings; like comparing how much profit a shop makes relative to the actual cash-and-inventory value a small owner has invested, it helps assess true underlying profitability and capital returns.
CET1 ratio regulatory
"CET1 ratio was 10.9%"
CET1 ratio measures a bank's core equity capital (the most loss-absorbing funds like common stock and retained earnings) relative to the size of its risk-adjusted assets. It shows how big the bank's financial cushion is compared with what it has on its books; a higher ratio means greater ability to absorb losses, lower regulatory risk, and generally more investor confidence in the bank's stability.
net interest margin financial
"Net interest margin of 1.43%"
Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.
total payout ratio financial
"Total payout ratio was 85%"
Total revenue $5.676 billion 12% increase year over year
Net income applicable to common shareholders $1.608 billion 20% increase year over year
Diluted earnings per share $2.34 24% increase year over year
Net interest income $1.423 billion 15% increase year over year
Noninterest expense $3.489 billion 8% increase year over year

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was BNY’s revenue in the third quarter of 2026?
BNY reported total revenue of $5.676 billion in the third quarter of 2026, up 12% from the third quarter of 2025. Fee revenue was $4.078 billion, up 12%, and net interest income was $1.423 billion, up 15%.

What was BNY’s diluted EPS in the third quarter of 2026?
BNY reported diluted earnings per common share of $2.34 for the third quarter of 2026, up 24% year over year. Net income applicable to common shareholders was $1.608 billion, a 20% increase from the third quarter of 2025.

What was BNY’s total payout ratio in the third quarter of 2026?
BNY’s total payout ratio was 85% for the third quarter of 2026. The measure includes common stock dividends and common share repurchases; the year-to-date total payout ratio through September 30, 2026 was 86%.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) – October 15, 2026
THE BANK OF NEW YORK MELLON CORPORATION
(Exact name of registrant as specified in its charter)
Delaware001-3565113-2614959
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(I.R.S. Employer
Identification No.)

240 Greenwich Street
New York, New York 10286
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code – (212) 495-1784

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading
symbol(s)		Name of each exchange
on which registered
Common Stock, $0.01 par valueBNYNew York Stock Exchange
6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities of Mellon Capital IVBNY/PNew York Stock Exchange
 (fully and unconditionally guaranteed by The Bank of New York Mellon Corporation)
Depositary Shares, each representing a 1/4,000th interest in a share of Series K NoncumulativeBNY PRKNew York Stock Exchange
Perpetual Preferred Stock

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 under the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


ITEM 2.02.    RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On October 15, 2026, The Bank of New York Mellon Corporation (“BNY”) released information on its financial results for the third quarter ended Sept. 30, 2026. Copies of the Earnings Release and the Financial Supplement are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.


ITEM 7.01.    REGULATION FD DISCLOSURE.

On October 15, 2026, BNY will hold a conference call and webcast to discuss its financial results for the third quarter ended Sept. 30, 2026 and outlook. A copy of the Quarterly Update Presentation for the conference call and webcast is attached hereto as Exhibit 99.3.


ITEM 9.01.    FINANCIAL STATEMENTS AND EXHIBITS.


    (d)    EXHIBITS.
Exhibit
NumberDescription
99.1 
The Bank of New York Mellon Corporation Earnings Release dated October 15, 2026, announcing financial results for the third quarter of 2026.
The quotation in Exhibit 99.1 (the “Excluded Section”) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (“Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of BNY under the Securities Act of 1933 or the Exchange Act. The information included in Exhibit 99.1, other than in the Excluded Section, shall be deemed “filed” for purposes of the Exchange Act.
99.2 
The Bank of New York Mellon Corporation Financial Supplement dated October 15, 2026, for the third quarter of 2026.
The information included in Exhibit 99.2 shall be deemed “filed” for purposes of the Exchange Act.
99.3 
Third Quarter 2026 Quarterly Update Presentation dated October 15, 2026.
The information included in Exhibit 99.3 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of BNY under the Securities Act of 1933 or the Exchange Act.
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

The Bank of New York Mellon Corporation
(Registrant)

Date: October 15, 2026By: /s/ Jean Weng
Name:
Title: 		Jean Weng
Secretary



3
bny_logoxrevxrgbx2x002002.jpg
3Q26
FINANCIALRESULTS


BNY Reports Third Quarter 2026
Earnings Per Common Share of $2.34

NEW YORK, October 15, 2026 – The Bank of New York Mellon Corporation (“BNY”) (NYSE: BNY) today has reported financial results for the third quarter of 2026.
CEO COMMENTARY
quotation-markxleft_3q24.jpg
BNY delivered strong results in the third quarter. With broad-based growth across our platforms, we increased revenue by 12% year-over-year, delivering significant operating leverage and earnings per share growth of 24%. For the quarter, we generated a very solid pre-tax margin of 39% and a strong ROTCE of 29%.
Our performance in the quarter once again highlights the resilience and durability of our business model against the backdrop of an overall constructive but uneven operating environment.
Client demand continued to grow, underpinned by our ongoing work to unlock the value inherent in the combination of BNY’s businesses enabled by our platform operating and commercial models. Sales and pipelines remained very healthy across products, client segments and regions and we launched several solutions during the quarter that are meeting emerging needs in the market.
Looking ahead, our teams around the world are energized by BNY’s momentum and excited about the opportunities in front of us to create value for our clients and shareholders.
quotation-markxright_3q24.jpg
– Robin Vince, Chief Executive Officer
EPSPre-tax marginROEROTCE
$2.34
39%
16%
     29% (a)
KEY FINANCIAL INFORMATION
(dollars in millions, except per share amounts and unless otherwise noted)3Q26 vs.
3Q262Q263Q25
Selected income statement data:
Total fee revenue$4,078 1%12%
Investment and other revenue175 N/MN/M
Net interest income1,423 (2)%15%
Total revenue$5,676 —%12%
Provision for credit losses1 N/MN/M
Noninterest expense$3,489 1%8%
Net income applicable to common shareholders$1,608 (5)%20%
Diluted EPS$2.34 (4)%24%
Selected metrics:
AUC/A (in trillions)
$63.4 1%10%
AUM (in trillions)
$2.2 (2)%2%
Financial ratios:3Q262Q263Q25
Pre-tax operating margin38.5%39.8%36.4%
ROE16.0%17.2%13.7%
ROTCE (a)
29.0%31.3%25.6%
Capital ratios:
Tier 1 leverage ratio5.7%5.9%6.1%
CET1 ratio10.9%11.0%11.7%
HIGHLIGHTS
Results
•Total revenue of $5.7 billion, increased 12%
•Noninterest expense of $3.5 billion, increased 8%
•Diluted EPS of $2.34, increased 24%

Profitability
•Pre-tax operating margin of 38.5%
•ROTCE of 29.0% (a)

Balance sheet
•Average deposits of $311 billion, increased 4% year-over-year and decreased 1% sequentially
•Tier 1 leverage ratio of 5.7%, decreased 42 bps year-over-year and 24 bps sequentially

Capital distribution
•Returned $1.4 billion of capital to common shareholders
•$436 million of dividends
•$937 million of share repurchases
•Total payout ratio of 86% year-to-date

(a) For information on the Non-GAAP measures, see “Explanation of GAAP and Non-GAAP financial measures” beginning on page 9.
Note: Above comparisons are 3Q26 vs. 3Q25, unless otherwise noted.
Media: Anneliese Diedrichs + 1 646 468 6026
Investors: Marius Merz +1 212 298 1480
BNY 3Q26 Financial Results
CONSOLIDATED FINANCIAL HIGHLIGHTS
(dollars in millions, except per share amounts and unless otherwise noted;
not meaningful - N/M)		3Q26 vs.
3Q262Q263Q252Q263Q25
Fee revenue$4,078 $4,036 $3,637 1%     12%     
Investment and other revenue 175 216 208 N/MN/M
Total fee and other revenue4,253 4,252 3,845 — 11 
Net interest income1,423 1,446 1,236 (2)15 
Total revenue5,676 5,698 5,081 — 12 
Provision for credit losses1 (8)(7)N/MN/M
Noninterest expense3,489 3,439 3,236 1 8 
Income before taxes2,186 2,267 1,852 (4)18 
Provision for income taxes499 475 395 5 26 
Net income$1,687 $1,792 $1,457 (6)%     16%     
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,608 $1,696 $1,339 (5)%     20%     
Operating leverage (a)
(184) bps389  bps
Diluted earnings per common share$2.34 $2.45 $1.88 (4)%     24%     
Average common shares and equivalents outstanding - diluted (in thousands)
686,913 692,223 712,854 
Pre-tax operating margin38.5%39.8%36.4%
Metrics:
Average loans$86,791 $85,587 $72,692 1%19%     
Average deposits311,075 314,036 299,326 (1)4 
AUC/A at period end (in trillions) (current period is preliminary)
63.4 62.6 57.8 1 10 
AUM at period end (in trillions) (current period is preliminary)
2.2 2.2 2.1 (2)2 
Non-GAAP measures, excluding notable items: (b)
Adjusted total revenue$5,676 $5,698 $5,069 —%12%
Adjusted noninterest expense3,467 3,431 3,197 1 8 
Adjusted operating leverage (a)
(144) bps353 bps
Adjusted diluted earnings per common share$2.37 $2.46 $1.91 (4)%     24%     
Adjusted pre-tax operating margin38.9%39.9%37.1%
(a)    Operating leverage is the rate of increase (decrease) in total revenue less the rate of increase (decrease) in total noninterest expense.
(b)    See “Explanation of GAAP and Non-GAAP financial measures” beginning on page 9 for additional information.
bps – basis points.

KEY DRIVERS (comparisons are 3Q26 vs. 3Q25, unless otherwise noted)
•Total revenue increased 12%, primarily reflecting:
•Fee revenue increased 12%, primarily reflecting net new business, higher client activity and higher market values, partially offset by the mix of AUM flows.
•Investment and other revenue decreased primarily reflecting the impact of fixed income and equity trading activity, seed capital results and the absence of a 3Q25 disposal gain, partially offset by other investment gains.
•Net interest income increased 15%, primarily reflecting the reinvestment of investment securities at higher yields and balance sheet growth, partially offset by deposit margin compression.
•Provision for credit losses was $1 million.
•Noninterest expense increased 8%, primarily reflecting higher revenue-related expenses and investments, partially offset by efficiency savings.
•Effective tax rate of 22.8%.
Assets under custody and/or administration (“AUC/A”) and Assets under management (“AUM”)
•AUC/A increased 10%, primarily reflecting higher market values, net client inflows and net new business, partially offset by the unfavorable impact of a stronger U.S. dollar.
•AUM increased 2%, primarily reflecting higher market values, partially offset by cumulative net outflows and the unfavorable impact of the stronger U.S. dollar.
Capital and liquidity
•$436 million of dividends to common shareholders (a); $937 million of common share repurchases.
•Return on common equity (“ROE”) – 16.0%.
•Return on tangible common equity (“ROTCE”) – 29.0% (b).
•Common Equity Tier 1 (“CET1”) ratio – 10.9%; Tier 1 leverage ratio – 5.7%.
•Average liquidity coverage ratio (“LCR”) – 111%; Average net stable funding ratio (“NSFR”) – 129%.
•Total Loss Absorbing Capacity (“TLAC”) ratios exceed minimum requirements.
(a)    Including dividend equivalents on share-based awards.
(b)    See “Explanation of GAAP and Non-GAAP financial measures” beginning on page 9 for additional information.
Note: Throughout this document, sequential growth rates are unannualized.
2
BNY 3Q26 Financial Results
SECURITIES SERVICES BUSINESS SEGMENT HIGHLIGHTS

(dollars in millions, unless otherwise noted; not meaningful - N/M)3Q26 vs.
3Q262Q263Q252Q263Q25
Investment services fees:
Asset Servicing$1,264 $1,209 $1,129 5%12%
Issuer Services449 463 313 (3)43
Total investment services fees1,713 1,672 1,442 219
Foreign exchange revenue171 203 143 (16)20
Other fees (a)
78 77 73 17
Total fee revenue1,962 1,952 1,658 118
Investment and other revenue93 94 119 N/MN/M
Total fee and other revenue2,055 2,046 1,777 —16
Net interest income765 782 670 (2)14 
Total revenue2,820 2,828 2,447 —15
Provision for credit losses4 (5)(3)N/MN/M
Noninterest expense1,808 1,722 1,639 5 10 
Income before taxes$1,008 $1,111 $811 (9)%24%
Total revenue by line of business:
Asset Servicing$2,130 $2,121 $1,903 —%12%
Issuer Services690 707 544 (2)27 
Total revenue by line of business$2,820 $2,828 $2,447 —%15%
Pre-tax operating margin35.8%39.3%33.1%
Securities lending revenue (b)
$92 $78 $62 18%48%
Metrics:
Average loans$12,534 $13,180 $10,706 (5)%17%
Average deposits$191,647 $194,183 $183,070 (1)%5%
AUC/A at period end (in trillions) (current period is preliminary) (c)
$45.9 $45.3 $41.5 1%11%
Market value of securities on loan at period end (in billions) (d)
$630 $645 $554 (2)%14%
(a)    Other fees primarily include financing-related fees.
(b)    Included in investment services fees reported in the Asset Servicing line of business.
(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 Trust Company (“CIBC Mellon”), a joint venture with the Canadian Imperial Bank of Commerce, of $2.3 trillion at Sept. 30, 2026, $2.2 trillion at June 30, 2026 and $2.1 trillion at Sept. 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 $72 billion at Sept. 30, 2026, $71 billion at June 30, 2026 and $81 billion at Sept. 30, 2025.


KEY DRIVERS

•The drivers of the total revenue variances by line of business are indicated below.
•Asset Servicing – The year-over-year increase primarily reflects higher net interest income, client activity, net new business and market values. The sequential increase primarily reflects higher client activity, partially offset by lower foreign exchange revenue and net interest income.
•Issuer Services – The year-over-year increase primarily reflects higher Corporate Trust revenue. The sequential decrease reflects lower Depositary Receipts revenue, partially offset by higher Corporate Trust revenue.
•Noninterest expense increased year-over-year primarily reflecting higher revenue-related expenses and investments, partially offset by efficiency savings and lower severance expense. The sequential increase primarily reflects higher revenue-related expenses and investments.
3
BNY 3Q26 Financial Results
MARKET AND WEALTH SERVICES BUSINESS SEGMENT HIGHLIGHTS

(dollars in millions, unless otherwise noted; not meaningful - N/M)3Q26 vs.
3Q262Q263Q252Q263Q25
Investment services fees:
Wealth Solutions$554 $551 $520 1%7%
Payments and Trade232 224 214 4 8 
Clearance and Collateral Management464 453 398 2 17 
Total investment services fees1,250 1,228 1,132 2 10 
Foreign exchange revenue31 34 31 (9)— 
Other fees (a)
72 71 70 1 3 
Total fee revenue1,353 1,333 1,233 2 10 
Investment and other revenue24 26 22 N/MN/M
Total fee and other revenue1,377 1,359 1,255 1 10 
Net interest income607 611 524 (1)16 
Total revenue1,984 1,970 1,779 1 12 
Provision for credit losses1 (2)(3)N/MN/M
Noninterest expense963 948 912 2 6 
Income before taxes$1,020 $1,024 $870 —%17%
Total revenue by line of business:
Wealth Solutions$813 $806 $741 1%10%
Payments and Trade579 571 510 1 14 
Clearance and Collateral Management592 593 528 — 12 
Total revenue by line of business$1,984 $1,970 $1,779 1%12%
Pre-tax operating margin51.4%52.0%48.9%
Metrics:
Average loans$57,671 $56,258 $46,278 3%25%
Average deposits$103,556 $102,606 $97,508 1%6%
AUC/A at period end (in trillions) (current period is preliminary) (b)
$17.1 $16.9 $16.0 1%7%
(a)    Other fees primarily include financing-related fees.
(b)    Consists of AUC/A from the Clearance and Collateral Management and Wealth Solutions lines of business.


KEY DRIVERS

•The drivers of the total revenue variances by line of business are indicated below.
•Wealth Solutions – The year-over-year increase primarily reflects higher net interest income, market values, client activity and net new business.
•Payments and Trade – The year-over-year increase primarily reflects higher net interest income and net new business. The sequential increase primarily reflects higher net new business.
•Clearance and Collateral Management – The year-over-year increase primarily reflects higher collateral balances and clearance volumes.
•Noninterest expense increased year-over-year primarily reflecting higher revenue-related expenses and investments, partially offset by efficiency savings. The sequential increase primarily reflects higher revenue-related expenses.
4
BNY 3Q26 Financial Results
INVESTMENT AND WEALTH MANAGEMENT BUSINESS SEGMENT HIGHLIGHTS

(dollars in millions, unless otherwise noted; not meaningful - N/M)3Q26 vs.
3Q262Q263Q252Q263Q25
Investment management fees$802 $793 $776 1%3%
Performance fees2 3 6 N/MN/M
Investment management and performance fees804 796 782 1 3 
Distribution and servicing fees70 71 69 (1)1 
Other fees (a)
(84)(87)(78)N/MN/M
Total fee revenue790 780 773 1 2 
Investment and other revenue (b)
8 29 10 N/MN/M
Total fee and other revenue (b)
798 809 783 (1)2 
Net interest income59 54 41 9 44 
Total revenue857 863 824 (1)4 
Provision for credit losses(3)(5)— N/MN/M
Noninterest expense655 686 640 (5)2 
Income before taxes$205 $182 $184 13%11%
Total revenue by line of business:
Investment Management$562 $577 $559 (3)%1%
Wealth Management295 286 265 3 11 
Total revenue by line of business$857 $863 $824 (1)%4%
Pre-tax operating margin23.9%21.1%22.3%
Metrics:
Average loans$14,807 $14,410 $14,143 3%5%
Average deposits$9,690 $9,691 $9,201 —%5%
AUM (in billions) (current period is preliminary) (c)
$2,187 $2,226 $2,142 (2)%2%
Wealth Management client assets (in billions) (current period is preliminary) (d)
$354 $348 $348 2%2%
(a)    Other fees primarily include investment services fees.
(b)    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.
(c)    Represents assets managed in the Investment and Wealth Management business segment.
(d)    Includes AUM and AUC/A in the Wealth Management line of business.


KEY DRIVERS

•The drivers of the total revenue variances by line of business are indicated below.
•Investment Management – The year-over-year increase primarily reflects higher market values, partially offset by the mix of AUM flows. The sequential decrease primarily reflects lower seed capital results.
•Wealth Management – The year-over-year and sequential increases primarily reflect higher net interest income and market values.
•Noninterest expense increased year-over-year primarily reflecting higher revenue-related expenses and investments, partially offset by efficiency savings. The sequential decrease primarily reflects lower revenue-related expenses.
5
BNY 3Q26 Financial Results
OTHER SEGMENT

The Other segment primarily includes corporate treasury activities, including our investment securities portfolio, derivatives and other trading activity, tax credit investments and other corporate investments, certain business exits and other corporate revenue and expense items.

(dollars in millions)3Q262Q263Q25
Fee revenue$(27)$(29)$(27)
Investment and other revenue53 36 45 
Total fee and other revenue26 7 18 
Net interest income (expense) (8)(1)1 
Total revenue18 6 19 
Provision for credit losses(1)4 (1)
Noninterest expense63 83 45 
Loss before taxes$(44)$(81)$(25)


KEY DRIVERS

•Total revenue includes corporate treasury and other investment activity, including hedging activity which has an offsetting impact between fee and other revenue and net interest expense. The year-over-year decrease primarily reflects the absence of 3Q25 gains realized on the sale of real estate, partially offset by a 3Q26 strategic equity investment gain. The sequential increase primarily reflects the strategic equity investment gain.

•Noninterest expense increased year-over-year primarily reflecting the absence of a 3Q25 adjustment for the FDIC special assessment and higher severance expense. The sequential decrease primarily reflects lower staff expense.


6
BNY 3Q26 Financial Results
CAPITAL AND LIQUIDITY

Capital and liquidity ratiosSept. 30, 2026June 30, 2026Dec. 31, 2025
Consolidated regulatory capital ratios: (a)
CET1 ratio10.9%11.0%11.9%
Tier 1 capital ratio13.1 13.4 14.6 
Total capital ratio13.8 14.2 15.4 
Tier 1 leverage ratio (a)
5.7 5.9 6.0 
Supplementary leverage ratio (a)
6.0 6.3 6.7 
BNY shareholders’ equity to total assets ratio8.8%8.5%9.4%
BNY common shareholders’ equity to total assets ratio8.0%7.6%8.4%
Average LCR (a)
111%111%112%
Average NSFR (a)
129%130%130%
Book value per common share$58.43 $58.82 $57.36 
Tangible book value per common share – Non-GAAP (b)
$32.22 $32.81 $31.64 
Common shares outstanding (in thousands)
672,898 678,504 688,236 
(a)    Regulatory capital and liquidity ratios for Sept. 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.
(b)    Tangible book value per common share – Non-GAAP excludes goodwill and intangible assets, net of deferred tax liabilities. See “Explanation of GAAP and Non-GAAP financial measures” beginning on page 9 for information on this Non-GAAP measure.


•CET1 capital of $21.0 billion decreased compared with June 30, 2026, primarily reflecting capital returned through common stock repurchases and dividends and a decline in accumulated other comprehensive income, partially offset by capital generated through earnings. The CET1 ratio decreased compared with June 30, 2026, primarily reflecting the decrease in capital, partially offset by lower risk-weighted assets.

•Tier 1 capital of $25.2 billion decreased compared with June 30, 2026, primarily reflecting capital returned through common stock repurchases and dividends, a decline in accumulated other comprehensive income and a preferred stock redemption, net of an issuance, partially offset by capital generated through earnings. The Tier 1 leverage ratio decreased compared with June 30, 2026, primarily reflecting the decrease in capital.


NET INTEREST INCOME

Net interest income3Q26 vs.
(dollars in millions; not meaningful - N/M)3Q262Q263Q252Q263Q25
Net interest income$1,423 $1,446 $1,236 (2)%15%
Add: Tax equivalent adjustment1 — — N/MN/M
Net interest income, on a fully taxable equivalent (“FTE”) basis – Non-GAAP (a)
$1,424 $1,446 $1,236 (2)%15%
Average interest-earning assets$396,504 $397,635 $374,493 —%6%
Net interest margin1.43%1.45%1.31%(2) bps12  bps
Net interest margin (FTE) – Non-GAAP (a)
1.43%1.45%1.31%(2) bps12  bps
(a)    Net interest income (FTE) – Non-GAAP and net interest margin (FTE) – Non-GAAP include the tax equivalent adjustments on tax-exempt income. See “Explanation of GAAP and Non-GAAP financial measures” beginning on page 9 for information on this Non-GAAP measure.
bps – basis points.


•Net interest income increased year-over-year primarily reflecting the reinvestment of investment securities at higher yields and balance sheet growth, partially offset by deposit margin compression.

•Sequentially, net interest income decreased primarily reflecting lower deposit balances, partially offset by the reinvestment of investment securities at higher yields.
7
BNY 3Q26 Financial Results
THE BANK OF NEW YORK MELLON CORPORATION
Condensed Consolidated Income Statement

(dollars in millions)Quarter endedYear-to-date
Sept. 30, 2026June 30, 2026Sept. 30, 2025Sept. 30, 2026Sept. 30, 2025
Fee and other revenue
Investment services fees$2,973 $2,909 $2,585 $8,534 $7,579 
Investment management and performance fees803 796 782 2,384 2,279 
Foreign exchange revenue198 229 166 659 535 
Financing-related fees66 64 67 192 178 
Distribution and servicing fees38 38 37 113 110 
Total fee revenue4,078 4,036 3,637 11,882 10,681 
Investment and other revenue175 216 208 662 622 
Total fee and other revenue4,253 4,252 3,845 12,544 11,303 
Net interest income
Interest income5,698 5,940 6,594 17,462 19,319 
Interest expense4,275 4,494 5,358 13,223 15,721 
Net interest income1,423 1,446 1,236 4,239 3,598 
Total revenue5,676 5,698 5,081 16,783 14,901 
Provision for credit losses1 (8)(7)(14)(6)
Noninterest expense
Staff1,805 1,785 1,745 5,478 5,347 
Software and equipment593 569 542 1,718 1,582 
Professional, legal and other purchased services474 441 404 1,303 1,158 
Sub-custodian and clearing168 162 141 481 422 
Net occupancy141 143 140 407 408 
Distribution and servicing78 76 68 227 196 
Business development58 68 45 176 146 
Bank assessment charges27 32 6 83 66 
Amortization of intangible assets9 10 12 28 34 
Other 136 153 133 427 335 
Total noninterest expense3,489 3,439 3,236 10,328 9,694 
Income
Income before taxes2,186 2,267 1,852 6,469 5,213 
Provision for income taxes 499 475 395 1,360 1,099 
Net income1,687 1,792 1,457 5,109 4,114 
Net (income) loss attributable to noncontrolling interests related to consolidated investment management funds3 (31)(12)(26)(26)
Net income applicable to shareholders of The Bank of New York Mellon Corporation1,690 1,761 1,445 5,083 4,088 
Preferred stock dividends(82)(65)(106)(217)(209)
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,608 $1,696 $1,339 $4,866 $3,879 


Earnings per share applicable to the common shareholders of The Bank of New York Mellon CorporationQuarter endedYear-to-date
Sept. 30, 2026June 30, 2026Sept. 30, 2025Sept. 30, 2026Sept. 30, 2025
(in dollars)
Basic$2.37 $2.47 $1.90 $7.09 $5.43 
Diluted$2.34 $2.45 $1.88 $7.02 $5.39 

8
BNY 3Q26 Financial Results
EXPLANATION OF GAAP AND NON-GAAP FINANCIAL MEASURES

BNY has included in this Earnings Release 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.

See “Explanation of GAAP and Non-GAAP Financial Measures” in the Financial Supplement available at www.bny.com for additional reconciliations of Non-GAAP measures.

BNY has also included revenue measures excluding notable items, including disposal gains. Expense measures, excluding notable items, including severance expense, litigation reserves and the FDIC special assessment are also presented. Litigation reserves represent accruals for loss contingencies that are both probable and reasonably estimable, but exclude standard business-related legal fees. Income before taxes, net income applicable to common shareholders of The Bank of New York Mellon Corporation, diluted earnings per share, operating leverage, return on common equity, return on tangible common equity and pre-tax operating margin, excluding the notable items mentioned above, are also provided. These measures are provided to permit investors to view the financial measures on a basis consistent with how management views the businesses.

Reconciliation of Non-GAAP measures, excluding notable items3Q26 vs.
(dollars in millions, except per share amounts)3Q262Q263Q252Q263Q25
Total revenue – GAAP$5,676 $5,698 $5,081 —%12%
Less: Disposal gains (losses) (a)
— — 12 
Adjusted total revenue – Non-GAAP$5,676 $5,698 $5,069 —%     12%
Total noninterest expense – GAAP$3,489 $3,439 $3,236 1%8%
Less: Severance expense (b)
23 6 50 
Litigation reserves (b)
(1)2 3 
FDIC special assessment (b)
— — (14)
Adjusted total noninterest expense – Non-GAAP$3,467 $3,431 $3,197 1%8%
Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP$1,608 $1,696 $1,339 (5)%20%
Less: Disposal gains (losses) (a)
— — 9 
Severance expense (b)
(18)(5)(39)
Litigation reserves (b)
1 (2)(2)
FDIC special assessment (b)
— — 11 
Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation – Non-GAAP$1,625 $1,703 $1,360 (5)%19%
Diluted earnings per common share – GAAP$2.34 $2.45 $1.88 (4)%24%
Less: Disposal gains (losses) (a)
— — 0.01 
Severance expense (b)
(0.03)(0.01)(0.05)
Litigation reserves (b)
— — — 
FDIC special assessment (b)
— — 0.01 
Total diluted earnings per common share impact of notable items(0.03)(0.01)(0.03)
Adjusted diluted earnings per common share – Non-GAAP$2.37 $2.46 $1.91 (4)%24%
Operating leverage – GAAP (c)
(184) bps389 bps
Adjusted operating leverage – Non-GAAP (c)
(144) bps353 bps
(a)    Reflected in Investment and other revenue.
(b)    Severance expense is reflected in Staff expense, Litigation reserves in Other expense and FDIC special assessment in Bank assessment charges, respectively.
(c)    Operating leverage is the rate of increase (decrease) in total revenue less the rate of increase (decrease) in total noninterest expense.
bps - basis points.
9
BNY 3Q26 Financial Results
Pre-tax operating margin reconciliation
(dollars in millions)3Q262Q263Q25
Income before taxes – GAAP$2,186 $2,267 $1,852 
Less: Impact of notable items (a)
(22)(8)(27)
Adjusted income before taxes, excluding notable items – Non-GAAP$2,208 $2,275 $1,879 
Total revenue – GAAP$5,676 $5,698 $5,081 
Impact of notable items (a)
— — 12 
Adjusted total revenue, excluding notable items – Non-GAAP$5,676 $5,698 $5,069 
Pre-tax operating margin – GAAP (b)
38.5%39.8%36.4%
Adjusted pre-tax operating margin – Non-GAAP (b)
38.9%39.9%37.1%
(a)    See page 9 for details of notable items and line items impacted.
(b)    Income before taxes divided by total revenue.


Return on common equity and return on tangible common equity reconciliation
(dollars in millions)3Q262Q263Q25
Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP$1,608 $1,696 $1,339 
Add: Amortization of intangible assets9 10 12 
Less: Tax impact of amortization of intangible assets2 3 3 
Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding amortization of intangible assets – Non-GAAP$1,615 $1,703 $1,348 
Impact of notable items (a)
(17)(7)(21)
Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding amortization of intangible assets and notable items – Non-GAAP$1,632 $1,710 $1,369 
Average common shareholders’ equity$39,756 $39,535 $38,626 
Less: Average goodwill16,764 16,768 16,787 
 Average intangible assets2,802 2,809 2,842 
Add: Deferred tax liability – tax deductible goodwill1,225 1,225 1,236 
 Deferred tax liability – intangible assets 657 659 665 
Average tangible common shareholders’ equity – Non-GAAP$22,072 $21,842 $20,898 
Return on common equity – GAAP (b)
16.0%17.2%13.7%
Adjusted return on common equity – Non-GAAP (b)
16.2%17.3%14.0%
Return on tangible common equity – Non-GAAP (b)
29.0%31.3%25.6%
Adjusted return on tangible common equity – Non-GAAP (b)
29.3%31.4%26.0%
(a)    See page 9 for details of notable items and line items impacted.
(b)    Returns are annualized.


CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS

A number of statements in this Earnings Release and in our Financial Supplement may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our strategic priorities, financial performance and financial targets. Preliminary business metrics and regulatory capital ratios are subject to change, possibly materially, as we complete our Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2026. Forward-looking statements are not guarantees of future results or occurrences, are inherently uncertain and are based upon current beliefs and expectations of future events, many of which are, by their nature, difficult to predict, outside of our control and subject to change.

By identifying these statements for you in this manner, we are alerting you to the possibility that our actual results may differ, possibly materially, from the anticipated results expressed or implied in these forward-looking statements as a result of a number of important factors, including the risk factors and other uncertainties set forth in our Annual Report on Form 10-K for the year ended Dec. 31, 2025 and our other filings with the Securities and Exchange Commission.

You should not place undue reliance on any forward-looking statement. All forward-looking statements speak only as of the date on which they were made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

10
BNY 3Q26 Financial Results
ABOUT BNY

BNY is a global financial services platforms company at the heart of the world’s capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of Sept. 30, 2026, BNY oversees $63.4 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BNY). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.


CONFERENCE CALL INFORMATION

Robin Vince, Chief Executive Officer, and Dermot McDonogh, Chief Financial Officer, will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET on Oct. 15, 2026. This conference call and audio webcast will include forward-looking statements and may include other material information.

Investors and analysts wishing to access the conference call and audio webcast may do so by dialing +1 800 330-6730 (U.S.) or
+1 646 769-9500 (International), and using the passcode: 200200, or by logging onto www.bny.com/investorrelations. Earnings materials will be available at www.bny.com/investorrelations beginning at approximately 6:30 a.m. ET on Oct. 15, 2026.

An archived version of the third quarter conference call and audio webcast will be available beginning on Oct. 15, 2026 at approximately 3:00 p.m. ET through Nov. 14, 2026 at www.bny.com/investorrelations.
11



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



Table of Contents
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Consolidated ResultsPage
Consolidated Financial Highlights
3
Condensed Consolidated Income Statement
4
Earnings Per Share and Related Information
5
Condensed Consolidated Balance Sheet
6
Fee and Other Revenue
7
Average Balances and Interest Rates
8
Capital and Liquidity
9
Business Segment Results
Securities Services Business Segment
10
Market and Wealth Services Business Segment
12
Investment and Wealth Management Business Segment
14
AUM by Product Type, Changes in AUM and Wealth Management Client Assets
15
Other Segment
16
Other
Investment Securities Portfolio
17
Allowance for Credit Losses and Nonperforming Assets
18
Supplemental Information
Explanation of GAAP and Non-GAAP Financial Measures
19



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)3Q26 vs.YTD26 vs.
3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Selected income statement data
Fee and other revenue$4,253 $4,252 $4,039 $3,833 $3,845 —%11%$12,544 $11,303 11%
Net interest income1,423 1,446 1,370 1,346 1,236 (2)15 4,239 3,598 18 
Total revenue5,676 5,698 5,409 5,179 5,081 — 12 16,783 14,901 13 
Provision for credit losses1 (8)(7)(26)(7)N/MN/M(14)(6)N/M
Noninterest expense3,489 3,439 3,400 3,360 3,236 1 8 10,328 9,694 7 
Income before income taxes2,186 2,267 2,016 1,845 1,852 (4)18 6,469 5,213 24 
Provision for income taxes499 475 386 376 395 5 26 1,360 1,099 24 
Net income$1,687 $1,792 $1,630 $1,469 $1,457 (6)%16%$5,109 $4,114 24%
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,608 $1,696 $1,562 $1,427 $1,339 (5)%20%$4,866 $3,879 25%
Diluted earnings per common share$2.34 $2.45 $2.24 $2.02 $1.88 (4)%24%$7.02 $5.39 30%
Average common shares and equivalents outstanding – diluted (in thousands)
686,913 692,223 698,164 705,140 712,854 (1)%(4)%693,005 720,344 (4)%
Financial ratios (Returns are annualized)
Pre-tax operating margin38.5%39.8%37.3%35.6%36.4%38.5%35.0%
Return on common equity16.0%17.2%16.1%14.5%13.7%16.4%13.7%
Return on tangible common equity – Non-GAAP (a)
29.0%31.3%29.3%26.6%25.6%29.9%25.9%
Non-U.S. revenue as a percentage of total revenue 36%37%36%36%35%36%35%
Period end
Assets under custody and/or administration (“AUC/A”) (in trillions) (b)(c)
$63.4 $62.6 $59.4 $59.3 $57.8 1%10%
Assets under management (“AUM”) (in trillions) (b)
$2.2 $2.2 $2.1 $2.2 $2.1 (2)%2%
Full-time employees46,600 46,500 47,200 48,100 49,200 —%(5)%
Book value per common share$58.43 $58.82 $57.48 $57.36 $55.99 
Tangible book value per common share – Non-GAAP (a)
$32.22 $32.81 $31.75 $31.64 $30.60 
Cash dividends per common share$0.63 $0.53 $0.53 $0.53 $0.53 
Common dividend payout ratio27%22%24%26%28%
Closing stock price per common share$144.63 $144.61 $118.63 $116.09 $108.96 
Market capitalization$97,321 $98,118 $81,425 $79,897 $75,983 
Common shares outstanding (in thousands)
672,898 678,504 686,379 688,236 697,349 
Capital ratios at period end (d)
Common Equity Tier 1 (“CET1”) ratio10.9%11.0%11.0%11.9%11.7%
Tier 1 capital ratio13.1%13.4%13.8%14.6%14.4%
Total capital ratio13.8%14.2%14.6%15.4%15.3%
Tier 1 leverage ratio5.7%5.9%6.0%6.0%6.1%
Supplementary leverage ratio (“SLR”)6.0%6.3%6.6%6.7%6.7%
(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) Sept. 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 $2.3 trillion at Sept. 30, 2026, $2.2 trillion at June 30, 2026, $2.1 trillion at March 31, 2026, $2.2 trillion at Dec. 31, 2025 and $2.1 trillion at Sept. 30, 2025.
(d) Regulatory capital ratios for Sept. 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)3Q26 vs.YTD26 vs.
3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Revenue
Investment services fees$2,973 $2,909 $2,652 $2,632 $2,585 2%15%$8,534 $7,579 13%
Investment management and performance fees803 796 785 806 782 1 3 2,384 2,279 5 
Foreign exchange revenue198 229 232 171 166 (14)19 659 535 23 
Financing-related fees66 64 62 53 67 3 (1)192 178 8 
Distribution and servicing fees38 38 37 36 37 — 3 113 110 3 
Total fee revenue4,078 4,036 3,768 3,698 3,637 1 12 11,882 10,681 11 
Investment and other revenue175 216 271 135 208 N/MN/M662 622 N/M
Total fee and other revenue4,253 4,252 4,039 3,833 3,845 — 11 12,544 11,303 11 
Net interest income1,423 1,446 1,370 1,346 1,236 (2)15 4,239 3,598 18 
Total revenue5,676 5,698 5,409 5,179 5,081 — 12 16,783 14,901 13 
Provision for credit losses1 (8)(7)(26)(7)N/MN/M(14)(6)N/M
Noninterest expense
Staff1,805 1,785 1,888 1,812 1,745 1 3 5,478 5,347 2 
Software and equipment593 569 556 565 542 4 9 1,718 1,582 9 
Professional, legal and other purchased services474 441 388 429 404 7 17 1,303 1,158 13 
Sub-custodian and clearing168 162 151 139 141 4 19 481 422 14 
Net occupancy 141 143 123 143 140 (1)1 407 408 — 
Distribution and servicing78 76 73 73 68 3 15 227 196 16 
Business development58 68 50 71 45 (15)29 176 146 21 
Bank assessment charges27 32 24 (22)6 N/MN/M83 66 N/M
Amortization of intangible assets9 10 9 11 12 (10)(25)28 34 (18)
Other136 153 138 139 133 (11)2 427 335 27 
Total noninterest expense3,489 3,439 3,400 3,360 3,236 1 8 10,328 9,694 7 
Income before income taxes 2,186 2,267 2,016 1,845 1,852 (4)18 6,469 5,213 24 
Provision for income taxes 499 475 386 376 395 5 26 1,360 1,099 24 
Net income 1,687 1,792 1,630 1,469 1,457 (6)16 5,109 4,114 24 
Net (income) loss attributable to noncontrolling interests3 (31)2 (8)(12)N/MN/M(26)(26)N/M
Preferred stock dividends(82)(65)(70)(34)(106)N/MN/M(217)(209)N/M
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,608 $1,696 $1,562 $1,427 $1,339 (5)%20%$4,866 $3,879 25%
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 per share amounts; common shares in thousands)3Q26 vs.YTD26 vs.
3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Basic earnings per share
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,608 $1,696 $1,562 $1,427 $1,339 (5)%20%$4,866 $3,879 25%
Average basic common shares outstanding679,490 686,125 691,178 697,540 705,873 (1)%(4)%685,825 714,135 (4)%
Basic earnings per share$2.37 $2.47 $2.26 $2.04 $1.90 (4)%25%$7.09 $5.43 31%
Diluted earnings per share
Net income applicable to common shareholders of The Bank of New York Mellon Corporation$1,608 $1,696 $1,562 $1,427 $1,339 (5)%20%$4,866 $3,879 25%
Average basic common shares outstanding679,490 686,125 691,178 697,540 705,873 (1)%(4)%685,825 714,135 (4)%
Add: Dilutive impact of unvested performance share units and restricted stock units7,423 6,098 6,986 7,600 6,981 22%6%7,180 6,209 16%
Average diluted common shares and equivalents outstanding686,913 692,223 698,164 705,140 712,854 (1)%(4)%693,005 720,344 (4)%
Diluted earnings per share$2.34 $2.45 $2.24 $2.02 $1.88 (4)%24%$7.02 $5.39 30%
Common dividends
Cash dividends per common share$0.63 $0.53 $0.53 $0.53 $0.53 19%19%$1.69 $1.47 15%
Total common stock dividends (a)
$436 $371 $376 $377 $381 18%14%$1,183 $1,070 11%
Common dividend payout ratio (b)
27%22%24%26%28%24%28%
Common share repurchases (c)
Total common shares repurchased5,839 8,016 8,257 9,450 8,276 (27)%(29)%22,112 27,327 (19)%
Average price paid per share of common stock$160.51 $137.62 $119.06 $110.54 $102.53 17%57%$136.73 $91.13 50%
Total common share repurchases$937 $1,103 $983 $1,045 $849 (15)%10%3,023 2,490 21%
Total capital returned to common shareholders$1,373 $1,474 $1,359 $1,422 $1,230 (7)%12%$4,206 $3,560 18%
Total payout ratio (b)
85%87%87%100%92%86%92%
Employee issuance
Shares issued related to employee stock-based compensation awards and employee benefit plans233 141 6,400 337 384 N/MN/M6,774 6,996 (3)%
(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)Sept. 30June 30
March 31 (a)
Dec. 31Sept. 30
Assets
Cash and due from banks$6,736 $7,483 $6,390 $5,111 $5,055 
Interest-bearing deposits with the Federal Reserve and other central banks110,488 139,400 170,202 116,009 106,368 
Interest-bearing deposits with banks11,160 12,276 13,544 10,397 11,027 
Federal funds sold and securities purchased under resale agreements50,833 48,937 43,660 44,892 41,863 
Investment securities151,984 155,656 155,615 150,200 149,528 
Trading assets18,776 16,836 16,488 14,276 13,625 
Loans89,163 88,741 101,261 80,615 75,195 
Allowance for loan losses(220)(222)(237)(245)(272)
Net loans
88,943 88,519 101,024 80,370 74,923 
Premises and equipment4,123 3,910 3,796 3,581 3,549 
Accrued interest receivable1,475 1,473 1,402 1,435 1,426 
Goodwill16,728 16,731 16,734 16,767 16,773 
Intangible assets2,791 2,800 2,809 2,822 2,834 
Other assets29,947 30,998 29,853 26,440 28,341 
Total assets
$493,984 $525,019 $561,517 $472,300 $455,312 
Liabilities
Deposits$335,446 $370,541 $417,080 $331,894 $314,697 
Federal funds purchased and securities sold under repurchase agreements25,106 26,114 19,506 18,992 16,585 
Trading liabilities6,854 5,299 4,747 6,135 3,499 
Payables to customers and broker-dealers23,270 25,734 24,754 21,872 23,638 
Commercial paper6,845 4,816 1,002 2,003 2,364 
Other borrowed funds1,005 401 175 422 283 
Accrued taxes and other expenses5,045 4,906 4,449 5,544 4,920 
Other liabilities12,971 11,492 11,903 8,757 12,678 
Long-term debt33,308 30,368 32,582 31,873 32,287 
Total liabilities
449,850 479,671 516,198 427,492 410,951 
Temporary equity
Redeemable noncontrolling interests92 84 81 87 111 
Permanent equity
Preferred stock4,259 4,754 5,331 4,836 4,836 
Common stock14 14 14 14 14 
Additional paid-in capital30,485 30,348 30,142 29,907 29,795 
Retained earnings50,079 48,907 47,582 46,396 45,346 
Accumulated other comprehensive loss, net of tax(4,412)(3,455)(3,496)(3,035)(3,362)
Less: Treasury stock, at cost
(36,850)(35,904)(34,790)(33,805)(32,750)
Total The Bank of New York Mellon Corporation shareholders’ equity43,575 44,664 44,783 44,313 43,879 
Nonredeemable noncontrolling interests of consolidated investment management funds
467 600 455 408 371 
Total permanent equity
44,042 45,264 45,238 44,721 44,250 
Total liabilities, temporary equity and permanent equity
$493,984 $525,019 $561,517 $472,300 $455,312 
(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.
6


THE BANK OF NEW YORK MELLON CORPORATION
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FEE AND OTHER REVENUE
3Q26 vs.YTD26 vs.
(dollars in millions)3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Investment services fees$2,973 $2,909 $2,652 $2,632 $2,585 2%15%$8,534 $7,579 13%
Investment management and performance fees:
Investment management fees (a)
801 793 784 792 776 132,378 2,258 5 
Performance fees2 3 1 14 6 N/MN/M6 21 N/M
Total investment management and performance fees (b)
803 796 785 806 782 132,384 2,279 5 
Foreign exchange revenue198 229 232 171 166 (14)19 659 535 23
Financing-related fees66 64 62 53 67 3 (1)192 178 8
Distribution and servicing fees38 38 37 36 37 — 3 113 110 3 
Total fee revenue4,078 4,036 3,768 3,698 3,637 11211,882 10,681 11
Investment and other revenue:
Income (loss) from consolidated investment management funds(5)60 (6)19 23 N/MN/M49 64 N/M
Seed capital gains (losses) (c)
2 12 (3)4 8 N/MN/M11 10 N/M
Other trading revenue72 59 94 76 73 N/MN/M225 203 N/M
Renewable energy investment gains12 11 44 6 19 N/MN/M67 49 N/M
Corporate/bank-owned life insurance48 43 48 51 41 N/MN/M139 114 N/M
Other investments gains (losses) (d)
25 19 108 (43)7 N/MN/M152 57 N/M
Disposal gains (losses)— — — — 12 N/MN/M— 52 N/M
Expense reimbursements from joint venture41 31 32 35 36 N/MN/M104 101 N/M
Other income5 6 4 2 19 N/MN/M15 37 N/M
Net investment securities gains (losses)(25)(25)(50)(15)(30)N/MN/M(100)(65)N/M
Total investment and other revenue175 216 271 135 208 N/MN/M662 622 N/M
Total fee and other revenue$4,253 $4,252 $4,039 $3,833 $3,845 —%11%$12,544 $11,303 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 3% (Non-GAAP) compared with 3Q25. 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
3Q262Q261Q264Q253Q25
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$87,820 3.26%$89,954 3.17%$97,886 3.19%$97,489 3.38%$94,533 3.69%
Interest-bearing deposits with banks11,789 2.43 12,657 2.49 12,049 2.30 11,440 2.53 10,980 2.97 
Federal funds sold and securities purchased under resale agreements46,756 19.11 (a)45,056 23.13 (a)42,848 24.29 (a)43,363 26.99 (a)40,885 30.66 (a)
Investment securities:
U.S. government obligations35,930 3.68 36,407 3.59 34,521 3.50 33,726 3.49 31,754 3.59 
U.S. government agency obligations64,244 3.54 65,096 3.43 63,975 3.29 61,578 3.29 61,174 3.40 
Other securities54,278 3.66 54,853 3.50 55,405 3.45 55,119 3.54 54,986 3.61 
Total investment securities154,452 3.61 156,356 3.49 153,901 3.39 150,423 3.43 147,914 3.52 
Trading securities (b)
8,896 4.47 8,025 4.51 8,568 4.26 7,896 4.82 7,489 5.02 
Loans86,791 5.22 85,587 5.10 81,058 5.09 76,678 5.46 72,692 5.80 
Total interest-earning assets (b)
$396,504 5.70%$397,635 5.98%$396,310 5.94%$387,289 6.46%$374,493 6.98%
Noninterest-earning assets67,545 67,135 65,618 63,924 62,998 
Total assets$464,049 $464,770 $461,928 $451,213 $437,491 
Liabilities and equity
Interest-bearing liabilities:
Interest-bearing deposits$257,886 2.43%$259,221 2.33%$263,497 2.39%$258,640 2.58%$248,016 2.90%
Federal funds purchased and securities sold under repurchase agreements25,806 30.97 (a)28,629 33.52 (a)19,457 47.90 (a)18,105 57.66 (a)16,242 69.11 (a)
Trading liabilities3,562 4.06 2,271 4.47 2,565 4.17 2,839 4.03 3,333 4.40 
Payables to customers and broker-dealers18,283 4.02 17,957 3.72 17,636 3.47 16,764 4.02 16,434 4.34 
Commercial paper5,249 4.09 1,772 4.13 1,945 3.97 2,310 4.32 3,268 4.63 
Other borrowed funds360 4.59 415 4.24 325 5.01 339 4.57 243 4.63 
Long-term debt31,909 4.95 31,029 4.88 32,542 4.93 32,135 5.09 32,503 5.53 
Total interest-bearing liabilities$343,055 4.94%$341,294 5.28%$337,967 5.34%$331,132 5.94%$320,039 6.64%
Total noninterest-bearing deposits53,189 54,815 54,949 51,842 51,310 
Other noninterest-bearing liabilities22,546 23,330 24,116 23,858 21,674 
Total The Bank of New York Mellon Corporation shareholders’ equity44,779 44,809 44,432 43,978 43,974 
Noncontrolling interests480 522 464 403 494 
Total liabilities and equity$464,049 $464,770 $461,928 $451,213 $437,491 
Net interest margin1.43%1.45%1.38%1.38%1.31%
Net interest margin (FTE) – Non-GAAP (c)
1.43%1.45%1.38%1.38%1.31%
(a) Includes the average impact of offsetting under enforceable netting agreements of approximately $190 billion for 3Q26, $234 billion for 2Q26, $233 billion for 1Q26, $242 billion for 4Q25 and $241 billion for 3Q25. 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 3.78% for 3Q26, 3.74% for 2Q26, 3.78% for 1Q26, 4.11% for 4Q25 and 4.45% for 3Q25. 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 3.70% for 3Q26, 3.66% for 2Q26, 3.70% for 1Q26, 4.02% for 4Q25 and 4.36% for 3Q25. 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)Sept. 30June 30March 31Dec. 31Sept. 30
Consolidated regulatory capital ratios: (a)
Standardized Approach:
CET1 capital$20,967 $21,564 $21,108 $21,086 $20,645 
Tier 1 capital25,217 26,311 26,435 25,909 25,471 
Total capital26,547 27,792 27,927 27,390 27,079 
Risk-weighted assets191,765 196,108 191,849 177,677 176,432 
CET1 ratio10.9%11.0%11.0%11.9%11.7%
Tier 1 capital ratio13.1 13.4 13.8 14.6 14.4 
Total capital ratio13.8 14.2 14.6 15.4 15.3 
Advanced Approaches:
CET1 capital$20,967 $21,564 $21,108 $21,086 $20,645 
Tier 1 capital25,217 26,311 26,435 25,909 25,471 
Total capital26,207 27,453 27,580 27,046 26,734 
Risk-weighted assets175,578 174,050 166,468 162,418 168,841 
CET1 ratio11.9%12.4%12.7%13.0%12.2%
Tier 1 capital ratio14.4 15.1 15.9 16.0 15.1 
Total capital ratio14.9 15.8 16.6 16.7 15.8 
Tier 1 leverage ratio: (a)
Average assets for Tier 1 leverage ratio$445,660 $446,398 $443,556 $432,803 $419,077 
Tier 1 leverage ratio5.7%5.9%6.0%6.0%6.1%
SLR: (a)
Leverage exposure$420,786 $416,773 $402,251 $388,529 $377,728 
SLR6.0%6.3%6.6%6.7%6.7%
Average liquidity coverage ratio (a)
111%111%111%112%112%
Average net stable funding ratio (a)
129%130%131%130%130%
(a) Regulatory capital and liquidity ratios for Sept. 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
3Q26 vs.YTD26 vs.
(dollars in millions)3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Revenue:
Investment services fees:
Asset Servicing$1,264 $1,209 $1,170 $1,146 $1,129 5%12%$3,643 $3,261 12%
Issuer Services449 463 278 331 313 (3)43 1,190 956 24 
Total investment services fees1,713 1,672 1,448 1,477 1,442 2 19 4,833 4,217 15 
Foreign exchange revenue171 203 196 142 143 (16)20 570 454 26 
Other fees (a)
78 77 74 68 73 1 7 229 198 16 
Total fee revenue1,962 1,952 1,718 1,687 1,658 1 18 5,632 4,869 16 
Investment and other revenue93 94 203 62 119 N/MN/M390 353 N/M
Total fee and other revenue2,055 2,046 1,921 1,749 1,777 — 16 6,022 5,222 15 
Net interest income765 782 757 735 670 (2)14 2,304 1,975 17 
Total revenue2,820 2,828 2,678 2,484 2,447 — 15 8,326 7,197 16 
Provision for credit losses4 (5)(11)(13)(3)N/MN/M(12)(8)N/M
Total noninterest expense1,808 1,722 1,648 1,651 1,639 5 10 5,178 4,813 8 
Income before income taxes$1,008 $1,111 $1,041 $846 $811 (9)%24%$3,160 $2,392 32%
Total revenue by line of business:
Asset Servicing$2,130 $2,121 $2,170 $1,932 $1,903 —%12%$6,421 $5,535 16%
Issuer Services690 707 508 552 544 (2)27 1,905 1,662 15 
Total revenue by line of business$2,820 $2,828 $2,678 $2,484 $2,447 —%15%$8,326 $7,197 16%
Financial ratios:
Pre-tax operating margin35.8%39.3%38.9%34.1%33.1%38.0%33.2%
Memo: Securities lending revenue (b)
$92 $78 $72 $69 $62 18%48%$242 $170 42%
(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
3Q26 vs.YTD26 vs.
(dollars in millions, unless otherwise noted)3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Selected balance sheet data:
Average loans$12,534 $13,180 $12,265 $11,439 $10,706 (5)%17%$12,661 $11,124 14%
Average assets (a)
$214,879 $214,794 $218,500 $211,728 $201,965 —%6%$216,044 $200,843 8%
Average deposits$191,647 $194,183 $197,789 $192,771 $183,070 (1)%5%$194,517 $181,608 7%
Selected metrics:
AUC/A at period end (in trillions) (b)(c)
$45.9 $45.3 $42.7 $42.7 $41.5 1%11%
Market value of securities on loan at period end (in billions) (d)
$630 $645 $629 $604 $554 (2)%14%
Issuer Services
Total debt serviced at period end (in trillions)
$15.4 $15.2 $15.0 $14.8 $14.5 1%6%
Number of Depositary Receipts programs at period end1,670 1,655 1,632 1,614 1,601 1%4%
(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) Sept. 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 $2.3 trillion at Sept. 30, 2026, $2.2 trillion at June 30, 2026, $2.1 trillion at March 31, 2026, $2.2 trillion at Dec. 31, 2025 and $2.1 trillion at Sept. 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 $72 billion at Sept. 30, 2026, $71 billion at June 30, 2026, $73 billion at March 31, 2026, $74 billion at Dec. 31, 2025 and $81 billion at Sept. 30, 2025.
11


THE BANK OF NEW YORK MELLON CORPORATION
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MARKET AND WEALTH SERVICES BUSINESS SEGMENT
3Q26 vs.YTD26 vs.
(dollars in millions)3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Revenue:
Investment services fees:
Wealth Solutions$554 $551 $544 $518 $520 1%7%$1,649 $1,560 6%
Payments and Trade232 224 220 212 214 4 8 676 632 7 
Clearance and Collateral Management464 453 430 417 398 2 17 1,347 1,145 18 
Total investment services fees1,250 1,228 1,194 1,147 1,132 2 10 3,672 3,337 10 
Foreign exchange revenue31 34 36 28 31 (9)— 101 90 12 
Other fees (a)
72 71 70 65 70 1 3 213 198 8 
Total fee revenue1,353 1,333 1,300 1,240 1,233 2 10 3,986 3,625 10 
Investment and other revenue24 26 21 9 22 N/MN/M71 79 N/M
Total fee and other revenue1,377 1,359 1,321 1,249 1,255 1 10 4,057 3,704 10 
Net interest income607 611 571 569 524 (1)16 1,789 1,527 17 
Total revenue1,984 1,970 1,892 1,818 1,779 1 12 5,846 5,231 12 
Provision for credit losses1 (2)(6)(7)(3)N/MN/M(7)(5)N/M
Total noninterest expense963 948 937 951 912 2 6 2,848 2,705 5 
Income before income taxes$1,020 $1,024 $961 $874 $870 —%17%$3,005 $2,531 19%
Total revenue by line of business:
Wealth Solutions$813 $806 $783 $754 $741 1%10%$2,402 $2,223 8%
Payments and Trade579 571 545 524 510 1 14 1,695 1,477 15 
Clearance and Collateral Management592 593 564 540 528 — 12 1,749 1,531 14 
Total revenue by line of business$1,984 $1,970 $1,892 $1,818 $1,779 1%12%$5,846 $5,231 12%
Financial ratios:
Pre-tax operating margin51.4%52.0%50.8%48.1%48.9%51.4%48.4%
(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
3Q26 vs.YTD26 vs.
(dollars in millions, unless otherwise noted)3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Selected balance sheet data:
Average loans$57,671 $56,258 $52,921 $49,613 $46,278 3%25%$55,634 $44,520 25%
Average assets (a)
$151,049 $148,791 $147,689 $145,105 $137,592 2%10%$149,189 $134,338 11%
Average deposits$103,556 $102,606 $103,043 $101,776 $97,508 1%6%$103,070 $95,350 8%
Selected metrics:
AUC/A at period end (in trillions) (b)(c)
$17.1 $16.9 $16.5 $16.2 $16.0 1%7%
Wealth Solutions
AUC/A at period end (in trillions) (b)
$3.6 $3.6 $3.3 $3.3 $3.2 —%13%
Net new assets (U.S. platform) (in billions) (d)
$48 $25 $22 $51 $3 N/MN/M
Daily average revenue trades (“DARTs”) (U.S. platform) (in thousands)
299 391 352 285 269 (24)%11%
Average active clearing accounts (in thousands)
8,832 8,730 8,601 8,487 8,387 1%5%
Payments and Trade
Average daily U.S. dollar payment volumes257,345 260,275 257,960 258,080 246,286 (1)%4%
Clearance and Collateral Management
Average collateral balances (in billions)
$8,263 $8,199 $7,783 $7,453 $7,275 1%14%
(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) Sept. 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
3Q26 vs.YTD26 vs.
(dollars in millions)3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
Revenue:
Investment management fees$802 $793 $785 $793 $776 1%3%$2,380 $2,259 5%
Performance fees2 3 1 14 6 N/MN/M6 21 N/M
Investment management and performance fees (a)
804 796 786 807 782 1 3 2,386 2,280 5 
Distribution and servicing fees70 71 70 69 69 (1)1 211 206 2 
Other fees (b)
(84)(87)(83)(84)(78)N/MN/M(254)(229)N/M
Total fee revenue790 780 773 792 773 1 2 2,343 2,257 4 
Investment and other revenue (c)
8 29 (1)11 10 N/MN/M36 24 N/M
Total fee and other revenue (c)
798 809 772 803 783 (1)2 2,379 2,281 4 
Net interest income59 54 53 51 41 9 44 166 123 35 
Total revenue 857 863 825 854 824 (1)4 2,545 2,404 6 
Provision for credit losses(3)(5)9 3 — N/MN/M1 2 N/M
Total noninterest expense655 686 726 703 640 (5)2 2,067 2,007 3 
Income before income taxes$205 $182 $90 $148 $184 13%11%$477 $395 21%
Total revenue by line of business:
Investment Management$562 $577 $550 $577 $559 (3)%1%$1,689 $1,620 4%
Wealth Management295 286 275 277 265 3 11 856 784 9 
Total revenue by line of business$857 $863 $825 $854 $824 (1)%4%$2,545 $2,404 6%
Financial ratios:
Pre-tax operating margin23.9%21.1%10.9%17.3%22.3%18.7%16.4%
Selected balance sheet data:
Average loans$14,807 $14,410 $14,233 $13,931 $14,143 3%5%$14,485 $13,892 4%
Average assets (d)
$27,964 $27,508 $27,261 $26,948 $27,247 2%3%$27,580 $26,924 2%
Average deposits$9,690 $9,691 $9,592 $9,453 $9,201 —%5%$9,658 $9,442 2%
(a) On a constant currency basis, investment management and performance fees increased 3% (Non-GAAP) compared with 3Q25. 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
3Q26 vs.YTD26 vs.
(dollars in billions)3Q262Q261Q264Q253Q252Q263Q25YTD26YTD25YTD25
AUM by product type: (a)(b)
Equity$180 $184 $172 $179 $180 (2)%—%
Fixed income269 267 261 262 257 1 5 
Index556 549 497 517 512 1 9 
Liability-driven investments502 523 530 539 537 (4)(7)
Multi-asset and alternative investments192 193 181 186 181 (1)6 
Cash488 510 485 495 475 (4)3 
Total AUM$2,187 $2,226 $2,126 $2,178 $2,142 (2)%2%
Changes in AUM: (a)(b)
Beginning balance of AUM$2,226 $2,126 $2,178 $2,142 $2,106 $2,178 $2,029 
Net inflows (outflows):
Long-term strategies:
Equity(5)(6)(4)(4)(8)(15)(14)
Fixed income9 9 3 5 7 21 14 
Liability-driven investments3 (14)1 (15)(23)(10)(22)
Multi-asset and alternative investments(1)(1)— (1)(1)(2)(7)
Total long-term active strategies inflows (outflows)6 (12)— (15)(25)(6)(29)
Index4 (9)(7)(8)(8)(12)(41)
Total long-term strategies inflows (outflows)10 (21)(7)(23)(33)(18)(70)
Short-term strategies:
Cash(22)24 (10)20 34 (8)36 
Total net inflows (outflows) (12)3 (17)(3)1 (26)(34)
Net market impact(27)94 (23)40 30 44 75 
Net currency impact— 3 (12)(1)(10)(9)57 
Other— — — — 15 (c)— 15 (c)
Ending balance of AUM$2,187 $2,226 $2,126 $2,178 $2,142 (2)%2%$2,187 $2,142 2%
Wealth Management client assets (a)(d)
$354 $348 $339 $350 $348 2%2%
(a) Sept. 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)3Q262Q261Q264Q253Q25YTD26YTD25
Revenue:
Fee revenue$(27)$(29)$(23)$(21)$(27)$(79)$(70)
Investment and other revenue53 36 50 45 45 139 140 
Total fee and other revenue26 7 27 24 18 60 70 
Net interest income (expense)(8)(1)(11)(9)1 (20)(27)
Total revenue18 6 16 15 19 40 43 
Provision for credit losses(1)4 1 (9)(1)4 5 
Noninterest expense63 83 89 55 45 235 169 
Loss before income taxes$(44)$(81)$(74)$(31)$(25)$(199)$(131)
Selected balance sheet data:
Average loans and leases$1,779 $1,739 $1,639 $1,695 $1,565 $1,720 $1,684 
Average assets $70,157 $73,677 $68,478 $67,432 $70,687 $70,777 $68,622 
16


THE BANK OF NEW YORK MELLON CORPORATION
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INVESTMENT SECURITIES PORTFOLIO
(dollars in millions)June 30, 20263Q26
change in
unrealized
gain (loss)		Sept. 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$49,595 $(1,728)$51,491 $47,158 92%$(4,333)30%100%—%—%—%—%
U.S. Treasury35,851 (183)35,473 35,024 99 (449)46 100 — — — — 
Non-U.S. government (d)
32,911 (303)32,585 32,142 99 (443)26 83 17 — — — 
CLOs8,846 (1)9,118 9,121 100 3 100 100 — — — — 
Foreign covered bonds
8,571 (95)8,798 8,680 99 (118)41 100 — — — — 
Agency commercial MBS9,253 (102)8,940 8,614 96 (326)45 100 — — — — 
U.S. government agencies
3,875 (31)3,769 3,566 95 (203)30 100 — — — — 
Non-agency commercial MBS
1,967 (14)1,894 1,798 95 (96)48 100 — — — — 
Non-agency RMBS1,524 (8)1,607 1,486 92 (121)61 100 — — — — 
Other asset-backed securities
313 3 232 214 92 (18)27 100 — — — — 
Other debt securities11 (1)11 10 91 (1)— — — — — 100 
Total investment securities$152,717 $(2,463)$153,918 $147,813 (e)96%$(6,105)(f)39%96%4%—%—%—%
(a) Amortized cost includes the impact of hedged item basis adjustments, which was a net decrease of $2,637 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 $105,252 million at Sept. 30, 2026, or 71% of the investment securities portfolio. The fair value of the held-to-maturity securities totaled $42,561 million at Sept. 30, 2026, or 29% of the investment securities portfolio.
(f) At Sept. 30, 2026, includes a pre-tax net unrealized loss of $1,934 million related to available-for-sale securities, net of hedges, and $4,171 million related to held-to-maturity securities. The after-tax unrealized loss, net of hedges, related to available-for-sale securities was $1,468 million, and the after-tax unrealized loss related to held-to-maturity securities was $3,180 million.
Note: At Sept. 30, 2026, the accretable purchase discount relating to investment securities was $2,936 million. Including the discontinued hedges, net accretion was $160 million in 3Q26.
17


THE BANK OF NEW YORK MELLON CORPORATION
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ALLOWANCE FOR CREDIT LOSSES AND NONPERFORMING ASSETS
20262025
(dollars in millions)Sept. 30June 30March 31Dec. 31Sept. 30
Allowance for credit losses – beginning 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 – beginning of period$339 $347 $344 $368 $379 
Net (charge-offs) recoveries:
Charge-offs— (1)(1)— (5)
Recoveries— 1 11 2 1 
Total net (charge-offs) recoveries— — 10 2 (4)
Provision for credit losses (b)
1 (8)(7)(26)(7)
Allowance for credit losses – end of period$340 $339 $347 $344 $368 
Allowance for credit losses – end of period:
Allowance for loan losses$220 $222 $237 $245 $272 
Allowance for lending-related commitments94 90 85 74 63 
Allowance for other financial instruments (a)
26 27 25 25 33 
Allowance for credit losses – end of period$340 $339 $347 $344 $368 
Allowance for loan losses as a percentage of total loans0.25%0.25%0.23%0.30%0.36%
Nonperforming assets$37 $33 $69 $143 $160 
(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)3Q262Q261Q264Q253Q25YTD26YTD25
Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP$1,608 $1,696 $1,562 $1,427 $1,339 $4,866 $3,879 
Add: Amortization of intangible assets9 10 9 11 12 28 34 
Less: Tax impact of amortization of intangible assets2 3 2 3 3 7 8 
Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding amortization of intangible assets – Non-GAAP$1,615 $1,703 $1,569 $1,435 $1,348 $4,887 $3,905 
Average common shareholders’ equity$39,756 $39,535 $39,448 $39,142 $38,626 $39,580 $37,839 
Less: Average goodwill16,764 16,768 16,774 16,777 16,787 16,769 16,718 
 Average intangible assets2,802 2,809 2,819 2,827 2,842 2,810 2,847 
Add: Deferred tax liability – tax deductible goodwill1,225 1,225 1,226 1,227 1,236 1,225 1,236 
 Deferred tax liability – intangible assets657 659 660 662 665 657 665 
Average tangible common shareholders’ equity – Non-GAAP$22,072 $21,842 $21,741 $21,427 $20,898 $21,883 $20,175 
Return on common equity – GAAP 16.0%17.2%16.1%14.5%13.7%16.4%13.7%
Return on tangible common equity – Non-GAAP29.0%31.3%29.3%26.6%25.6%29.9%25.9%
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)Sept. 30June 30March 31Dec. 31Sept. 30
The Bank of New York Mellon Corporation shareholders’ equity at period end – GAAP$43,575 $44,664 $44,783 $44,313 $43,879 
Less: Preferred stock4,259 4,754 5,331 4,836 4,836 
The Bank of New York Mellon Corporation common shareholders’ equity at period end – GAAP39,316 39,910 39,452 39,477 39,043 
Less: Goodwill16,728 16,731 16,734 16,767 16,773 
Intangible assets2,791 2,800 2,809 2,822 2,834 
Add: Deferred tax liability – tax deductible goodwill1,225 1,225 1,226 1,227 1,236 
Deferred tax liability – intangible assets657 659 660 662 665 
The Bank of New York Mellon Corporation tangible common shareholders’ equity at period end – Non-GAAP$21,679 $22,263 $21,795 $21,777 $21,337 
Period-end common shares outstanding (in thousands)
672,898 678,504 686,379 688,236 697,349 
Book value per common share – GAAP$58.43 $58.82 $57.48 $57.36 $55.99 
Tangible book value per common share – Non-GAAP$32.22 $32.81 $31.75 $31.64 $30.60 
Net interest margin reconciliation
(dollars in millions)3Q262Q261Q264Q253Q25
Net interest income – GAAP$1,423 $1,446 $1,370 $1,346 $1,236 
Add: Tax equivalent adjustment1 — — — — 
Net interest income (FTE) – Non-GAAP$1,424 $1,446 $1,370 $1,346 $1,236 
Average interest-earning assets$396,504 $397,635 $396,310 $387,289 $374,493 
Net interest margin – GAAP (a)
1.43%1.45%1.38%1.38%1.31%
Net interest margin (FTE) – Non-GAAP (a)
1.43%1.45%1.38%1.38%1.31%
(a) Net interest margin is annualized.
Constant currency reconciliations3Q26 vs.
(dollars in millions)3Q263Q253Q25
Consolidated:
Investment management and performance fees – GAAP$803 $782 3%
Impact of changes in foreign currency exchange rates— (1)
Adjusted investment management and performance fees – Non-GAAP$803 $781 3%
Investment and Wealth Management business segment:
Investment management and performance fees – GAAP$804 $782 3%
Impact of changes in foreign currency exchange rates— (1)
Adjusted investment management and performance fees – Non-GAAP$804 $781 3%
20

3Q26 October 15, 2026 QUARTERLY UPDATE

 

2 • Revenue Growth: Total revenue of $5.7bn up 12% YoY • Expense Discipline: Expense of $3.5bn up 8% YoY – More than 3/4 of YoY increase reflects revenue-related expenses – The remaining variance reflects higher investments, partially offset by efficiency savings • Margin Expansion: – 389 bps of operating leverage(b) – Pre-tax margin of 38.5% up 2.1%-pts YoY • Improved Profitability: – ROE of 16.0% up 2.3%-pts YoY – ROTCE(a) of 29.0% up 3.4%-pts YoY • EPS Growth: EPS of $2.34 up 24% YoY • Attractive Capital Returns: Returned $1.4bn to common shareholders, including $436mm of dividends and $937mm of share repurchases – 86% payout ratio year-to-date 3Q26 Financial Highlights + 24% Revenue: + 12% 39% ROTCE(a): 29% Tier 1 Leverage: 5.7% + 8% Pre-tax Margin: EPS: Expenses: (a) Represents a non-GAAP measure. See page 11 in the Appendix for the corresponding reconciliation of the non-GAAP measure of ROTCE. (b) Operating leverage is the rate of increase (decrease) in total revenue less the rate of increase (decrease) in total noninterest expense. Note: Above comparisons are 3Q26 vs. 3Q25, unless otherwise noted.

 

3 3Q26 vs. $mm, except per share data or unless otherwise noted 3Q26 2Q26 3Q25 2Q26 3Q25 Income Statement Investment services fees $2,973 $2,909 $2,585 2% 15% Investment management and performance fees 803 796 782 1 3 Foreign exchange revenue 198 229 166 (14) 19 Other fee revenue 104 102 104 2 — Total fee revenue $4,078 $4,036 $3,637 1% 12% Investment and other revenue 175 216 208 N/M N/M Net interest income 1,423 1,446 1,236 (2) 15 Total revenue $5,676 $5,698 $5,081 —% 12% Provision for credit losses 1 (8) (7) N/M N/M Noninterest expense 3,489 3,439 3,236 1 8 Income before income taxes $2,186 $2,267 $1,852 (4)% 18%   Net income applicable to common shareholders $1,608 $1,696 $1,339 (5)% 20% Avg. common shares and equivalents outstanding (mm) - diluted 687 692 713 (1)% (4)% EPS $2.34 $2.45 $1.88 (4)% 24%   Key Performance Indicators Operating leverage(a) (184) bps 389 bps Pre-tax margin 38.5% 39.8% 36.4% ROE 16.0% 17.2% 13.7% ROTCE(b) 29.0% 31.3% 25.6% Non-GAAP measures, excluding notable items(c) Adjusted total revenue $5,676 $5,698 $5,069 —% 12% Adjusted noninterest expense 3,467 3,431 3,197 1 8 Adjusted EPS 2.37 2.46 1.91 (4) 24 Adjusted operating leverage (144) bps 353 bps Adjusted pre-tax margin 38.9% 39.9% 37.1% Adjusted ROTCE 29.3% 31.4% 26.0%   3Q26 Financial Results (a) Operating leverage is the rate of increase (decrease) in total revenue less the rate of increase (decrease) in total noninterest expense. (b) Represents a non-GAAP measure. See page 11 in the Appendix for the corresponding reconciliation of the non-GAAP measure of ROTCE. (c) Each of the below line items represents a non-GAAP measure. See pages 11 and 12 in the Appendix for the corresponding reconciliations of these non-GAAP measures excluding notable items. N/M – not meaningful.

 

4     3Q26 2Q26 3Q25   Consolidated regulatory capital ratios(a)   Tier 1 capital ($mm) $25,217 $26,311 $25,471 Average assets for Tier 1 leverage ratio ($mm) 445,660 446,398 419,077 Tier 1 leverage ratio 5.7% 5.9% 6.1% Common Equity Tier 1 ("CET1") capital ($mm) $20,967 $21,564 $20,645 Risk-weighted assets ($mm) 191,765 196,108 176,432 CET1 ratio 10.9% 11.0% 11.7% Supplementary leverage ratio ("SLR") 6.0% 6.3% 6.7%                 Consolidated regulatory liquidity ratios(a)   Liquidity coverage ratio ("LCR") 111% 111% 112% Net stable funding ratio ("NSFR") 129% 130% 130%                 Capital returns(b) Cash dividends per common share $0.63 $0.53 $0.53 Common stock dividends ($mm) $436 $371 $381 Common stock repurchases ($mm) 937 1,103 849 Total capital return ($mm) $1,373 $1,474 $1,230 Total payout ratio 85% 87% 92% Profitability ROE 16.0% 17.2% 13.7% ROTCE(c) 29.0% 31.3% 25.6% Adjusted ROTCE(d) 29.3% 31.4% 26.0%   Capital and Liquidity CAPITAL • Tier 1 leverage ratio of 5.7% down 24 bps QoQ – Tier 1 capital of $25.2bn down $1,094mm QoQ, primarily reflecting capital returned through common stock repurchases and dividends, a decline in accumulated other comprehensive income and a preferred stock redemption, net of an issuance, partially offset by capital generated through earnings – Average assets for Tier 1 leverage ratio of $445.7bn down $0.7bn QoQ • CET1 ratio of 10.9% down 6 bps QoQ – CET1 capital of $21.0bn down $597mm QoQ, primarily reflecting capital returned through common stock repurchases and dividends and a decline in accumulated other comprehensive income, partially offset by capital generated through earnings – RWA of $191.8bn down $4.3bn QoQ LIQUIDITY • LCR of 111% flat QoQ • NSFR of 129% down 1%-pt QoQ (a) Note: See page 10 in the Appendix for corresponding footnotes. (b) Note: See page 10 in the Appendix for corresponding footnotes. (c) Represents a non-GAAP measure. See page 11 in the Appendix for the corresponding reconciliation of the non-GAAP measure of ROTCE. (d) Represents a non-GAAP measure. See page 11 in the Appendix for the corresponding reconciliation of the non-GAAP measure of ROTCE excluding notable items.

 

5 1,236 1,346 1,370 1,446 1,423 3Q25 4Q25 1Q26 2Q26 3Q26 3Q26 vs.   3Q26   2Q26   3Q25   Total assets $464 —% 6% Total interest-earning assets $397 —% 6% Cash and reverse repo 146 (1) — Loans 87 1 19 Investment securities 154 (1) 4 Noninterest-bearing $53 (3)% 4% Interest-bearing 258 (1) 4 Total deposits $311 (1)% 4%                Net Interest Income and Balance Sheet Trends Net Interest Income ($mm) 1.31% 1.38% 1.38% 1.45% 1.43% 3Q25 4Q25 1Q26 2Q26 3Q26 Net Interest Margin Balance Sheet Trends ($bn, average) • Net interest income of $1,423mm up 15% YoY and down 2% QoQ – YoY increase primarily reflecting the reinvestment of investment securities at higher yields and balance sheet growth, partially offset by deposit margin compression – QoQ decrease primarily reflecting lower deposit balances, partially offset by the reinvestment of investment securities at higher yields • Net interest margin of 1.43% up 12 bps YoY and down 2 bps QoQ • Avg. total deposits of $311bn up 4% YoY and down 1% QoQ

 

6 3Q26 vs. $mm, unless otherwise noted 3Q26 2Q26 3Q25 Asset Servicing $1,264 5% 12% Issuer Services 449 (3) 43 Total investment services fees $1,713 2% 19% Foreign exchange revenue 171 (16) 20 Other fees(a) 78 1 7 Investment and other revenue 93 N/M N/M Net interest income 765 (2) 14 Total revenue $2,820 —% 15% Provision for credit losses 4 N/M N/M Noninterest expense 1,808 5 10 Income before income taxes $1,008 (9)% 24%                 $bn, unless otherwise noted 3Q26 2Q26 3Q25 Pre-tax margin 35.8% 39.3% 33.1% Assets under custody and/or administration ("AUC/A")(trn) $45.9 $45.3 $41.5 Deposits (average) $192 $194 $183 Issuer Services Total debt serviced (trn) $15.4 $15.2 $14.5 Number of Depositary Receipts programs 1,670 1,655 1,601                 Securities Services Select Income Statement Data Select Income Statement Data Key Performance Indicators (b)(c) • Total revenue of $2,820mm up 15% YoY – Investment services fees up 19% YoY > Asset Servicing up 12% YoY, primarily reflecting higher client activity, net new business and market values > Issuer Services up 43% YoY, primarily reflecting higher Corporate Trust fees – Foreign exchange revenue up 20% YoY – Net interest income up 14% YoY • Noninterest expense of $1,808mm up 10% YoY, primarily reflecting higher revenue-related expenses and investments, partially offset by efficiency savings and lower severance expense • Income before income taxes of $1,008mm up 24% YoY Note: See page 10 in the Appendix for corresponding footnotes. N/M – not meaningful.

 

7 3Q26 vs. $mm, unless otherwise noted 3Q26 2Q26 3Q25 Wealth Solutions $554 1% 7% Clearance and Collateral Management 464 2 17 Payments and Trade 232 4 8 Total investment services fees $1,250 2% 10% Foreign exchange revenue 31 (9) — Other fees(a) 72 1 3 Investment and other revenue 24 N/M N/M Net interest income 607 (1) 16 Total revenue $1,984 1% 12% Provision for credit losses 1 N/M N/M Noninterest expense 963 2 6 Income before income taxes $1,020 —% 17%                 $bn, unless otherwise noted 3Q26 2Q26 3Q25 Pre-tax margin 51.4% 52.0% 48.9% AUC/A (trn)(b)(c) $17.1 $16.9 $16.0 Deposits (average) $104 $103 $98 Wealth Solutions AUC/A (trn)(b) $3.6 $3.6 $3.2 Net new assets (U.S. platform)(d) 48 25 3 Daily average revenue trades ("DARTs") (U.S. platform) ('000) 299 391 269 Average active clearing accounts ('000) 8,832 8,730 8,387 Payments and Trade U.S. dollar payment volumes (daily average) 257,345 260,275 246,286 Clearance and Collateral Management Average collateral balances $8,263 $8,199 $7,275                 Market and Wealth Services Select Income Statement Data Key Performance Indicators Select Income Statement Data • Total revenue of $1,984mm up 12% YoY – Investment services fees up 10% YoY > Wealth Solutions up 7% YoY, primarily reflecting higher market values, client activity and net new business > Clearance and Collateral Management up 17% YoY, primarily reflecting higher collateral balances and clearance volumes > Payments and Trade up 8% YoY, primarily reflecting net new business – Foreign exchange revenue flat YoY – Net interest income up 16% YoY • Noninterest expense of $963mm up 6% YoY, primarily reflecting higher revenue-related expenses and investments, partially offset by efficiency savings • Income before income taxes of $1,020mm up 17% YoY Note: See page 10 in the Appendix for corresponding footnotes. N/M – not meaningful.

 

8 3Q26 vs. $mm, unless otherwise noted 3Q26 2Q26 3Q25 Investment management fees $802 1% 3% Performance fees 2 N/M N/M Distribution and servicing fees 70 (1) 1 Other fees(a) (84) N/M N/M Investment and other revenue(b) 8 N/M N/M Net interest income 59 9 44 Total revenue $857 (1)% 4% Provision for credit losses (3) N/M N/M Noninterest expense 655 (5) 2 Income before income taxes $205 13% 11% Total revenue by line of business: Investment Management $562 (3)% 1% Wealth Management 295 3 11 Total revenue $857 (1)% 4%                 $bn, unless otherwise noted 3Q26 2Q26 3Q25 Pre-tax margin 23.9% 21.1% 22.3% Deposits (average) $10 $10 $9 Assets under management ("AUM")(c) $2,187 $2,226 $2,142 Long-term active strategies net flows $6 $(12) $(25) Index net flows 4 (9) (8) Short-term strategies net flows (22) 24 34 Total net flows $(12) $3 $1 Wealth Management Client assets(d) $354 $348 $348                 Investment and Wealth Management Select Income Statement Data Key Performance Indicators Select Income Statement Data • Total revenue of $857mm up 4% YoY – Investment Management up 1% YoY, primarily reflecting higher market values, partially offset by the mix of AUM flows – Wealth Management up 11% YoY, primarily reflecting higher net interest income and market values • Noninterest expense of $655mm up 2% YoY, primarily reflecting higher revenue-related expenses and investments, partially offset by efficiency savings • Income before income taxes of $205mm up 11% YoY • AUM of $2.2trn up 2% YoY, primarily reflecting higher market values, partially offset by cumulative net outflows and the unfavorable impact of a stronger U.S. dollar • Wealth Management client assets of $354bn up 2% YoY, primarily reflecting higher market values, partially offset by cumulative net outflows Note: See page 10 in the Appendix for corresponding footnotes. N/M – not meaningful.

 

9 $mm, unless otherwise noted 3Q26 2Q26 3Q25 Fee revenue $(27) $(29) $(27) Investment and other revenue 53 36 45 Net interest income (expense) (8) (1) 1 Total revenue $18 $6 $19 Provision for credit losses (1) 4 (1) Noninterest expense 63 83 45 Loss before income taxes $(44) $(81) $(25)                 Other Segment Select Income Statement Data • Total revenue includes corporate treasury and other investment activity, including hedging activity which has an offsetting impact between fee and other revenue and net interest expense – YoY decrease primarily reflects the absence of 3Q25 gains realized on the sale of real estate, partially offset by a 3Q26 strategic equity investment gain – QoQ increase primarily reflects the strategic equity investment gain • Noninterest expense increased YoY, primarily reflecting the absence of a 3Q25 adjustment for the FDIC special assessment and higher severance expense Select Income Statement Data

 

10 Footnotes Page 4 – Capital and Liquidity (a) Regulatory capital and liquidity ratios for September 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. (b) Common stock dividends includes dividend equivalents on share-based awards. Common stock repurchases 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. Page 6 – Securities Services (a) Other fees primarily include financing-related fees. (b) September 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 Trust Company (“CIBC Mellon”), a joint venture with the Canadian Imperial Bank of Commerce, of $2.3 trillion at September 30, 2026, $2.2 trillion at June 30, 2026, and $2.1 trillion at September 30, 2025. Page 7 – Market and Wealth Services (a) Other fees primarily include financing-related fees. (b) September 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. Page 8 – Investment and Wealth Management (a) (a) Other fees primarily include investment services fees. (b) Investment and other revenue is net of income (loss) attributable to noncontrolling interests related to consolidated investment management funds. (c) September 30, 2026 information is preliminary. Represents assets managed in the Investment and Wealth Management business segment. (d) September 30, 2026 information is preliminary. Includes AUM and AUC/A in the Wealth Management line of business.

 

11  $mm, unless otherwise noted   3Q26 2Q26 3Q25 Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP $1,608 $1,696 $1,339 Add: Amortization of intangible assets 9 10 12 Less: Tax impact of amortization of intangible assets 2 3 3 Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding amortization of intangible assets — Non-GAAP $1,615 $1,703 $1,348 Less: Disposal gains (losses)(a) — — 9 Less: Severance expense(b) (18) (5) (39) Less: Litigation reserves(b) 1 (2) (2) Less: FDIC special assessment(b) — — 11 Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding amortization of intangible assets and notable items — Non-GAAP $1,632 $1,710 $1,369 Average common shareholders’ equity $39,756 $39,535 $38,626 Less: Average goodwill 16,764 16,768 16,787 Less: Average intangible assets 2,802 2,809 2,842 Add: Deferred tax liability – tax deductible goodwill 1,225 1,225 1,236 Add: Deferred tax liability – intangible assets 657 659 665 Average tangible common shareholders’ equity – Non-GAAP $22,072 $21,842 $20,898 Return on common equity(c) – GAAP 16.0% 17.2% 13.7% Adjusted return on common equity(c) – Non-GAAP 16.2% 17.3% 14.0% Return on tangible common equity(c) – Non-GAAP 29.0% 31.3% 25.6% Adjusted return on tangible common equity(c) – Non-GAAP 29.3% 31.4% 26.0%              Return on Common Equity and Tangible Common Equity Reconciliation (a) Reflected in Investment and other revenue. (b) Severance expense is reflected in Staff expense, Litigation reserves in Other expense, and FDIC special assessment in Bank assessment charges, respectively. (c) Returns are annualized.

 

12 Select Income Statement Data Reconciliation of Non-GAAP Measures – Impact of Notable Items 3Q26 vs.  $mm, except per share data or unless otherwise noted 3Q26 2Q26 3Q25 2Q26 3Q25 Total revenue – GAAP $5,676 $5,698 $5,081 —% 12% Less: Disposal gains (losses)(a) — — 12 Adjusted total revenue, excluding notable items — Non-GAAP $5,676 $5,698 $5,069 —% 12% Total noninterest expense – GAAP $3,489 $3,439 $3,236 1% 8% Less: Severance expense(b) 23 6 50 Less: Litigation reserves(b) (1) 2 3 Less: FDIC special assessment(b) — — (14) Adjusted total noninterest expense, excluding notable items — Non-GAAP $3,467 $3,431 $3,197 1% 8% Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP $1,608 $1,696 $1,339 (5)% 20% Less: Disposal gains (losses)(a) — — 9 Severance expense(b) (18) (5) (39) Less: Litigation reserves(b) 1 (2) (2) Less FDIC special assessment(b) — — 11 Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding notable items — Non-GAAP $1,625 $1,703 $1,360 (5)% 19% Diluted earnings per share – GAAP $2.34 $2.45 $1.88 (4)% 24% Less: Disposal gains (losses)(a) — — 0.01 Severance expense(b) (0.03) (0.01) (0.05) Litigation reserves(b) — — — FDIC special assessment(b) — — 0.01 Adjusted diluted earnings per share, excluding notable items — Non-GAAP $2.37 $2.46 $1.91 (4)% 24% Operating leverage – GAAP(c) (184) bps 389 bps Adjusted operating leverage, excluding notable items — Non-GAAP(c) (144) bps 353 bps Pre-tax operating margin – GAAP(d) 38.5% 39.8% 36.4% Adjusted pre-tax operating margin, excluding notable items — Non-GAAP(d) 38.9% 39.9% 37.1% (a) Disposal gains (losses) reflected in Investment and other revenue. (b) Severance expense is reflected in Staff expense, Litigation reserves in Other expense, and FDIC special assessment in Bank assessment charges, respectively. (c) Operating leverage is the rate of increase (decrease) in total revenue less the rate of increase (decrease) in total noninterest expense. (d) Income before taxes divided by total revenue. See the 3Q26 Earnings Release for additional information.

 

13 A number of statements in our presentations, the accompanying slides and the responses to questions on our conference call discussing our quarterly results may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about The Bank of New York Mellon Corporation’s (the “Corporation,” “we,” “us,” or “our”) capital plans including dividends and repurchases, total payout ratio, financial performance, fee revenue, net interest income, expenses, cost discipline, efficiency savings, operating leverage, pre-tax margin, capital ratios, organic growth, pipeline, deposits, interest rates and yield curves, securities portfolio, taxes, investments, including in technology and product development, innovation in products and services, artificial intelligence, digital assets, client experience, strategic priorities and initiatives, acquisitions, related integration and divestiture activity, capabilities, resiliency, risk profile, human capital management and the effects of the current and near-term market and macroeconomic outlook on us, including on our business, operations, financial performance and prospects. Preliminary business metrics, NII sensitivity, and regulatory capital ratios are subject to change, possibly materially as we complete our Quarterly Report on Form 10-Q for the quarter ended September 30, 2026. Forward-looking statements may be expressed in a variety of ways, including the use of future or present tense language. Words such as “estimate,” “forecast,” “project,” “anticipate,” “likely,” “target,” “expect,” “intend,” “continue,” “seek,” “believe,” “plan,” “goal,” “could,” “should,” “would,” “may,” “might,” “will,” “strategy,” “synergies,” “opportunities,” “trends,” “momentum,” “ambition,” “aspiration,” “objective,” “aim,” “future,” “potentially,” “outlook” and words of similar meaning may signify forward-looking statements. These statements are not guarantees of future results or occurrences, are inherently uncertain and are based upon current beliefs and expectations of future events, many of which are, by their nature, difficult to predict, outside of our control and subject to change. By identifying these statements for you in this manner, we are alerting you to the possibility that our actual results may differ, possibly materially, from the anticipated results expressed or implied in these forward-looking statements as a result of a number of important factors. These factors include: global inflationary impacts and the risk factors and other uncertainties set forth in our Annual Report on Form 10-K for the year ended Dec. 31, 2025 (the “2025 Annual Report”) and our other filings with the Securities and Exchange Commission (the “SEC”). Forward-looking statements about the timing, profitability, benefits and other prospective aspects of business and expense initiatives, our financial outlook, our medium-term financial targets and our long-term strategy, and how they can be achieved, are based on our current expectations regarding our ability to execute against our strategic initiatives, as well as our balance sheet size and composition, and may change, possibly materially, from what is currently expected. Statements about our outlook on total revenue are subject to various factors, including market levels, client activity, our ability to win and onboard new business, lost business, pricing pressure, our ability to launch new products to, and expand relationships with, existing clients, interest rates, re-investment yields and the size, mix and duration of our balance sheet, including with respect to deposits, loan balances and the securities portfolio. Statements about our artificial intelligence initiatives, including the timing, implementation, efficacy and expected benefits, are subject to various factors, including third-party and vendor dependencies, the availability, usability and quality of data, evolving legal, regulatory and supervisory expectations, employee and client adoption, and our ability to deploy, monitor and scale such capabilities with appropriate governance and in an effective control environment. Statements about our outlook on net interest income are subject to various factors, including interest rates, continued quantitative tightening, re-investment yields and the size, mix and duration of our balance sheet, including with respect to deposits, loan balances and the securities portfolio. Statements about our outlook on expenses are subject to various factors, including investments, revenue-related expenses, efficiency savings, salary increases, inflation and currency fluctuations. Statements about our target Tier 1 leverage ratio and CET1 ratio are subject to various factors, including capital requirements, interest rates, capital levels, risk- weighted assets and the size of our balance sheet, including deposit levels. Statements about the timing, manner and amount of any future common stock dividends or repurchases are subject to various factors, including our capital position, capital deployment opportunities, prevailing market conditions, legal and regulatory considerations and our outlook for the economic environment. Statements about our future effective tax rate are subject to various factors including, changes in the tax rates applicable to us, changes in our earnings mix, our profitability, the assumptions we have made in forecasting our expected tax rate, the interpretation or application of existing tax statutes and regulations, as well as any corporate tax legislation that may be enacted or any guidance that may be issued by the U.S. Internal Revenue Service. You should not place undue reliance on any forward-looking statement. All forward-looking statements speak only as of the date on which they were made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events. Non-GAAP Measures. In this presentation, the accompanying slides and our responses to questions, we may discuss certain non-GAAP measures in detailing our performance, which exclude certain items or otherwise include components that differ from GAAP. We believe these measures are useful to the investment community in analyzing the financial results and trends of ongoing operations. We believe they facilitate comparisons with prior periods and reflect the principal basis on which our management monitors financial performance. Additional disclosures relating to non-GAAP measures are contained in our reports filed with the SEC, including the 2025 Annual Report, the third quarter 2026 earnings release and the third quarter 2026 financial supplement, which are available at www.bny.com/investorrelations. Forward-Looking Non-GAAP Financial Measures. From time to time we may discuss forward-looking non-GAAP financial measures, such as forward-looking estimates or targets for total revenue and expenses excluding notable items. We are unable to provide a reconciliation of forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures because we are unable to provide, without unreasonable effort, a meaningful or accurate calculation or estimation of amounts that would be necessary for the reconciliation due to the complexity and inherent difficulty in forecasting and quantifying future amounts or when they may occur. Such unavailable information could be significant to future results. Cautionary Statement

 

 

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