Bank of New York Mellon Corp 8-K, filed Oct 15, 2026

Bank of New York Mellon Corp (BNY)

8-K 2026-10-15 For: 2026-10-15

Added on October 15, 2026

About this 8-K

Bank of New York Mellon Corp filed this 8-K on October 15, 2026.

The Bank of New York Mellon Corporation reported third-quarter 2026 revenue of $5.7 billion, up 12% year-over-year, diluted EPS of $2.34, up 24%, and $1.4 billion returned to common shareholders. AI summary

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 9.01: Financial statements and exhibits

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →


Delaware	001-35651	13-2614959
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)


Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	BNY	New York Stock Exchange

6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities of Mellon Capital IV	BNY/P	New 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 Noncumulative	BNY PRK	New York Stock Exchange
Perpetual Preferred Stock


Exhibit
Number						Description

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.


	The Bank of New York Mellon Corporation (Registrant)
Date: October 15, 2026	By:	/s/ Jean Weng
	Name: Title:	Jean Weng Secretary


CEO COMMENTARY


			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.
– Robin Vince, Chief Executive Officer


KEY FINANCIAL INFORMATION


(dollars in millions, except per share amounts and unless otherwise noted)				3Q26 vs.
	3Q26			2Q26		3Q25
Selected income statement data:

Total fee revenue	$	4,078		1	%	12	%
Investment and other revenue	175			N/M		N/M
Net interest income	1,423			(2)	%	15	%
Total revenue	$	5,676		—	%	12	%
Provision for credit losses	1			N/M		N/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:	3Q26			2Q26		3Q25

Pre-tax operating margin	38.5		%	39.8	%	36.4	%
ROE	16.0		%	17.2	%	13.7	%
ROTCE (a)	29.0		%	31.3	%	25.6	%

Capital ratios:

Tier 1 leverage ratio	5.7		%	5.9	%	6.1	%
CET1 ratio	10.9		%	11.0	%	11.7	%



(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


(dollars in millions, unless otherwise noted; not meaningful - N/M)										3Q26 vs.
	3Q26			2Q26			3Q25			2Q26		3Q25
Investment services fees:
Asset Servicing	$	1,264		$	1,209		$	1,129		5	%	12	%
Issuer Services	449			463			313			(3)		43
Total investment services fees	1,713			1,672			1,442			2		19
Foreign exchange revenue	171			203			143			(16)		20
Other fees (a)	78			77			73			1		7
Total fee revenue	1,962			1,952			1,658			1		18
Investment and other revenue	93			94			119			N/M		N/M
Total fee and other revenue	2,055			2,046			1,777			—		16
Net interest income	765			782			670			(2)		14
Total revenue	2,820			2,828			2,447			—		15
Provision for credit losses	4			(5)			(3)			N/M		N/M
Noninterest expense	1,808			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 Services	690			707			544			(2)		27
Total revenue by line of business	$	2,820		$	2,828		$	2,447		—	%	15	%

Pre-tax operating margin	35.8		%	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	%



(dollars in millions)	3Q26		2Q26		3Q25
Fee revenue	$	(27)	$	(29)	$	(27)
Investment and other revenue	53		36		45
Total fee and other revenue	26		7		18
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 taxes	$	(44)	$	(81)	$	(25)


Capital and liquidity ratios	Sept. 30, 2026			June 30, 2026			Dec. 31, 2025
Consolidated regulatory capital ratios: (a)
CET1 ratio	10.9		%	11.0		%	11.9		%
Tier 1 capital ratio	13.1			13.4			14.6
Total capital ratio	13.8			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 ratio	8.8		%	8.5		%	9.4		%
BNY common shareholders’ equity to total assets ratio	8.0		%	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


Net interest income										3Q26 vs.
(dollars in millions; not meaningful - N/M)	3Q26			2Q26			3Q25			2Q26		3Q25
Net interest income	$	1,423		$	1,446		$	1,236		(2)%		15%
Add: Tax equivalent adjustment	1			—			—			N/M		N/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 margin	1.43		%	1.45		%	1.31		%	(2)	bps	12	bps
Net interest margin (FTE) – Non-GAAP (a)	1.43		%	1.45		%	1.31		%	(2)	bps	12	bps


(dollars in millions)	Quarter ended						Year-to-date
	Sept. 30, 2026		June 30, 2026		Sept. 30, 2025		Sept. 30, 2026		Sept. 30, 2025

Fee and other revenue
Investment services fees	$	2,973	$	2,909	$	2,585	$	8,534	$	7,579
Investment management and performance fees	803		796		782		2,384		2,279
Foreign exchange revenue	198		229		166		659		535
Financing-related fees	66		64		67		192		178
Distribution and servicing fees	38		38		37		113		110
Total fee revenue	4,078		4,036		3,637		11,882		10,681
Investment and other revenue	175		216		208		662		622
Total fee and other revenue	4,253		4,252		3,845		12,544		11,303
Net interest income
Interest income	5,698		5,940		6,594		17,462		19,319
Interest expense	4,275		4,494		5,358		13,223		15,721
Net interest income	1,423		1,446		1,236		4,239		3,598
Total revenue	5,676		5,698		5,081		16,783		14,901
Provision for credit losses	1		(8)		(7)		(14)		(6)
Noninterest expense
Staff	1,805		1,785		1,745		5,478		5,347
Software and equipment	593		569		542		1,718		1,582
Professional, legal and other purchased services	474		441		404		1,303		1,158
Sub-custodian and clearing	168		162		141		481		422
Net occupancy	141		143		140		407		408
Distribution and servicing	78		76		68		227		196
Business development	58		68		45		176		146
Bank assessment charges	27		32		6		83		66

Amortization of intangible assets	9		10		12		28		34
Other	136		153		133		427		335
Total noninterest expense	3,489		3,439		3,236		10,328		9,694
Income
Income before taxes	2,186		2,267		1,852		6,469		5,213
Provision for income taxes	499		475		395		1,360		1,099
Net income	1,687		1,792		1,457		5,109		4,114
Net (income) loss attributable to noncontrolling interests related to consolidated investment management funds	3		(31)		(12)		(26)		(26)
Net income applicable to shareholders of The Bank of New York Mellon Corporation	1,690		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 Corporation	Quarter ended						Year-to-date
	Sept. 30, 2026		June 30, 2026		Sept. 30, 2025		Sept. 30, 2026		Sept. 30, 2025
(in dollars)	Sept. 30, 2026		June 30, 2026		Sept. 30, 2025		Sept. 30, 2026		Sept. 30, 2025
Basic	$	2.37	$	2.47	$	1.90	$	7.09	$	5.43
Diluted	$	2.34	$	2.45	$	1.88	$	7.02	$	5.39


Reconciliation of Non-GAAP measures, excluding notable items							3Q26 vs.
(dollars in millions, except per share amounts)	3Q26		2Q26		3Q25		2Q26		3Q25




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)	bps	389	bps
Adjusted operating leverage – Non-GAAP (c)							(144)	bps	353	bps


Pre-tax operating margin reconciliation
(dollars in millions)	3Q26			2Q26			3Q25
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		%


HIGHLIGHTS


Return on common equity and return on tangible common equity reconciliation
(dollars in millions)	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
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 goodwill	16,764			16,768			16,787
Average intangible assets	2,802			2,809			2,842
Add: Deferred tax liability – tax deductible goodwill	1,225			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		%


The Bank of New York Mellon Corporation

Financial Supplement

Third Quarter 2026


Table of Contents




Consolidated Results						Page
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
CONSOLIDATED FINANCIAL HIGHLIGHTS
(dollars in millions, except per common share amounts, or unless otherwise noted)																3Q26 vs.										YTD26 vs.
	3Q26			2Q26			1Q26			4Q25			3Q25			2Q26		3Q25		YTD26			YTD25			YTD25
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 income	1,423			1,446			1,370			1,346			1,236			(2)		15		4,239			3,598			18
Total revenue	5,676			5,698			5,409			5,179			5,081			—		12		16,783			14,901			13
Provision for credit losses	1			(8)			(7)			(26)			(7)			N/M		N/M		(14)			(6)			N/M
Noninterest expense	3,489			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 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 margin	38.5		%	39.8		%	37.3		%	35.6		%	36.4		%					38.5		%	35.0		%
Return on common equity	16.0		%	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 employees	46,600			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 ratio	27		%	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”) ratio	10.9		%	11.0		%	11.0		%	11.9		%	11.7		%
Tier 1 capital ratio	13.1		%	13.4		%	13.8		%	14.6		%	14.4		%
Total capital ratio	13.8		%	14.2		%	14.6		%	15.4		%	15.3		%
Tier 1 leverage ratio	5.7		%	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.


THE BANK OF NEW YORK MELLON CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEET

	2026						2025
(dollars in millions)	Sept. 30		June 30		March 31 (a)		Dec. 31		Sept. 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 banks	110,488		139,400		170,202		116,009		106,368
Interest-bearing deposits with banks	11,160		12,276		13,544		10,397		11,027
Federal funds sold and securities purchased under resale agreements	50,833		48,937		43,660		44,892		41,863
Investment securities	151,984		155,656		155,615		150,200		149,528
Trading assets	18,776		16,836		16,488		14,276		13,625
Loans	89,163		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 equipment	4,123		3,910		3,796		3,581		3,549
Accrued interest receivable	1,475		1,473		1,402		1,435		1,426
Goodwill	16,728		16,731		16,734		16,767		16,773
Intangible assets	2,791		2,800		2,809		2,822		2,834
Other assets	29,947		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 agreements	25,106		26,114		19,506		18,992		16,585
Trading liabilities	6,854		5,299		4,747		6,135		3,499
Payables to customers and broker-dealers	23,270		25,734		24,754		21,872		23,638
Commercial paper	6,845		4,816		1,002		2,003		2,364
Other borrowed funds	1,005		401		175		422		283
Accrued taxes and other expenses	5,045		4,906		4,449		5,544		4,920
Other liabilities	12,971		11,492		11,903		8,757		12,678
Long-term debt	33,308		30,368		32,582		31,873		32,287
Total liabilities	449,850		479,671		516,198		427,492		410,951
Temporary equity
Redeemable noncontrolling interests	92		84		81		87		111
Permanent equity
Preferred stock	4,259		4,754		5,331		4,836		4,836
Common stock	14		14		14		14		14
Additional paid-in capital	30,485		30,348		30,142		29,907		29,795
Retained earnings	50,079		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’ equity	43,575		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.


THE BANK OF NEW YORK MELLON CORPORATION
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)	3Q26			2Q26			1Q26			4Q25			3Q25			YTD26			YTD25
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 assets	9			10			9			11			12			28			34
Less: Tax impact of amortization of intangible assets	2			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 goodwill	16,764			16,768			16,774			16,777			16,787			16,769			16,718
Average intangible assets	2,802			2,809			2,819			2,827			2,842			2,810			2,847
Add: Deferred tax liability – tax deductible goodwill	1,225			1,225			1,226			1,227			1,236			1,225			1,236
Deferred tax liability – intangible assets	657			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-GAAP	29.0		%	31.3		%	29.3		%	26.6		%	25.6		%	29.9		%	25.9		%


THE BANK OF NEW YORK MELLON CORPORATION
EXPLANATION OF GAAP AND NON-GAAP FINANCIAL MEASURES
Book value and tangible book value per common share reconciliation	2026									2025
(dollars in millions, except common shares and unless otherwise noted)	Sept. 30			June 30			March 31			Dec. 31			Sept. 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 stock	4,259			4,754			5,331			4,836			4,836
The Bank of New York Mellon Corporation common shareholders’ equity at period end – GAAP	39,316			39,910			39,452			39,477			39,043
Less: Goodwill	16,728			16,731			16,734			16,767			16,773
Intangible assets	2,791			2,800			2,809			2,822			2,834
Add: Deferred tax liability – tax deductible goodwill	1,225			1,225			1,226			1,227			1,236
Deferred tax liability – intangible assets	657			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)	3Q26			2Q26			1Q26			4Q25			3Q25
Net interest income – GAAP	$	1,423		$	1,446		$	1,370		$	1,346		$	1,236
Add: Tax equivalent adjustment	1			—			—			—			—
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 reconciliations							3Q26 vs.
(dollars in millions)	3Q26			3Q25			3Q25
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		%