Document


THE BANK OF NEW YORK MELLON CORPORATION
CONSOLIDATED FINANCIAL HIGHLIGHTS
(dollars in millions, except per common share amounts, or unless otherwise noted)																3Q22 vs.										YTD22 vs.
	3Q22			2Q22			1Q22			4Q21			3Q21			2Q22		3Q21		YTD22			YTD21			YTD21
Selected income statement data


Fee and other revenue	$	3,353		$	3,430		$	3,228		$	3,338		$	3,394		(2)	%	(1)	%	$	10,011		$	9,975		—	%
Net interest revenue	926			824			698			677			641			12		44		2,448			1,941			26
Total revenue	4,279			4,254			3,926			4,015			4,035			1		6		12,459			11,916			5
Provision for credit losses	(30)			47			2			(17)			(45)			N/M		N/M		19			(214)			N/M
Noninterest expense	3,679			3,112			3,006			2,967			2,918			18		26		9,797			8,547			15
Income before income taxes	630			1,095			918			1,065			1,162			(42)		(46)		2,643			3,583			(26)
Provision for income taxes	242			231			153			196			219			5		11		626			681			(8)
Net income	$	388		$	864		$	765		$	869		$	943		(55)	%	(59)	%	$	2,017		$	2,902		(30)	%
Net income applicable to common shareholders of The Bank of New York Mellon Corporation	$	319		$	835		$	699		$	822		$	881		(62)	%	(64)	%	$	1,853		$	2,730		(32)	%
Diluted earnings per common share	$	0.39		$	1.03		$	0.86		$	1.01		$	1.04		(62)	%	(63)	%	$	2.28		$	3.14		(27)	%
Average common shares and equivalents outstanding – diluted (in thousands)	814,516			813,590			813,986			817,345			849,028			—	%	(4)	%	814,214			869,324			(6)	%

Financial ratios (Returns are annualized)
Pre-tax operating margin	15		%	26		%	23		%	27		%	29		%					21		%	30		%
Return on common equity	3.5		%	9.3		%	7.6		%	8.6		%	8.8		%					6.8		%	9.1		%
Return on tangible common equity – Non-GAAP (a)	7.5		%	19.2		%	15.4		%	17.2		%	16.8		%					14.0		%	17.1		%
Non-U.S. revenue as a percentage of total revenue	35		%	36		%	35		%	38		%	38		%					35		%	38		%

Period end
Assets under custody and/or administration (“AUC/A”) (in trillions) (b)	$	42.2		$	43.0		$	45.5		$	46.7		$	45.3		(2)	%	(7)	%
Assets under management (“AUM”) (in trillions)	$	1.78		$	1.94		$	2.27		$	2.43		$	2.31		(8)	%	(23)	%
Full-time employees	51,100			50,800			49,600			49,100			48,900			1	%	4	%
Book value per common share	$	43.18		$	44.73		$	45.76		$	47.50		$	47.30
Tangible book value per common share – Non-GAAP (a)	$	21.55		$	22.02		$	22.76		$	24.31		$	24.88
Cash dividends per common share	$	0.37		$	0.34		$	0.34		$	0.34		$	0.34
Common dividend payout ratio	95		%	33		%	40		%	34		%	34		%
Closing stock price per common share	$	38.52		$	41.71		$	49.63		$	58.08		$	51.84
Market capitalization	$	31,135		$	33,706		$	40,091		$	46,705		$	42,811
Common shares outstanding (in thousands)	808,280			808,103			807,798			804,145			825,821

Capital ratios at period end (c)
Common Equity Tier 1 ("CET1") ratio	10.0		%	10.0		%	10.1		%	11.2		%	11.7		%
Tier 1 capital ratio	12.8		%	12.8		%	12.9		%	14.0		%	14.4		%
Total capital ratio	13.7		%	13.6		%	13.7		%	14.9		%	15.2		%
Tier 1 leverage ratio	5.4		%	5.2		%	5.3		%	5.5		%	5.7		%
Supplementary leverage ratio ("SLR")	6.3		%	6.2		%	6.2		%	6.6		%	7.0		%
(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 18 for the reconciliation of Non-GAAP measures.
(b) Includes the AUC/A of CIBC Mellon Global Securities Services Company ("CIBC Mellon"), a joint venture with the Canadian Imperial Bank of Commerce, of $1.4 trillion at Sep. 30, 2022, $1.5 trillion at June 30, 2022 and $1.7 trillion at March 31, 2022, Dec. 31, 2021, and Sept. 30, 2021.
(c) Regulatory capital ratios for Sept. 30, 2022 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 Sept. 30, 2022 was the Standardized Approach for the CET1 and Tier 1 capital ratios and the Advanced Approaches for the Total capital ratio, for June 30, 2022 was the Advanced Approaches, for March 31, 2022 and Dec. 31, 2021 was the Standardized Approach, and for Sept. 30, 2021 was the Standardized Approach for the CET1 and Tier 1 capital ratios and the Advanced Approaches for the Total capital ratio.
N/M – Not meaningful.


THE BANK OF NEW YORK MELLON CORPORATION
CONDENSED CONSOLIDATED INCOME STATEMENT

(dollars in millions, except per share amounts; common shares in thousands)											3Q22 vs.								YTD22 vs.
	3Q22		2Q22		1Q22		4Q21		3Q21		2Q22		3Q21		YTD22		YTD21		YTD21
Revenue
Investment services fees	$	2,157	$	2,206	$	1,993	$	2,061	$	2,091	(2)	%	3	%	$	6,356	$	6,223	2	%
Investment management and performance fees	800		833		883		896		913		(4)		(12)		2,516		2,692		(7)
Foreign exchange revenue	203		222		207		199		185		(9)		10		632		600		5
Financing-related fees	43		44		45		47		48		(2)		(10)		132		147		(10)
Distribution and servicing fees	33		34		30		28		28		(3)		18		97		84		15
Total fee revenue	3,236		3,339		3,158		3,231		3,265		(3)		(1)		9,733		9,746		—
Investment and other revenue	117		91		70		107		129		N/M		N/M		278		229		N/M
Total fee and other revenue	3,353		3,430		3,228		3,338		3,394		(2)		(1)		10,011		9,975		—
Net interest revenue	926		824		698		677		641		12		44		2,448		1,941		26
Total revenue	4,279		4,254		3,926		4,015		4,035		1		6		12,459		11,916		5
Provision for credit losses	(30)		47		2		(17)		(45)		N/M		N/M		19		(214)		N/M
Noninterest expense
Staff	1,673		1,623		1,702		1,633		1,584		3		6		4,998		4,704		6
Software and equipment	421		405		399		379		372		4		13		1,225		1,099		11
Professional, legal and other purchased services	363		379		370		390		363		(4)		—		1,112		1,069		4
Sub-custodian and clearing	124		131		118		120		129		(5)		(4)		373		385		(3)
Net occupancy	124		125		122		133		120		(1)		3		371		365		2
Distribution and servicing	88		90		79		75		76		(2)		16		257		223		15
Bank assessment charges	35		37		35		30		34		(5)		3		107		103		4
Business development	34		43		30		44		22		(21)		55		107		63		70
Goodwill impairment	680		—		—		—		—		N/M		N/M		680		—		N/M
Amortization of intangible assets	17		17		17		19		19		—		(11)		51		63		(19)
Other	120		262		134		144		199		(54)		(40)		516		473		9
Total noninterest expense	3,679		3,112		3,006		2,967		2,918		18		26		9,797		8,547		15
Income before income taxes	630		1,095		918		1,065		1,162		(42)		(46)		2,643		3,583		(26)
Provision for income taxes	242		231		153		196		219		5		11		626		681		(8)
Net income	388		864		765		869		943		(55)		(59)		2,017		2,902		(30)
Net loss (income) attributable to noncontrolling interests	—		5		8		(6)		4		N/M		N/M		13		(6)		N/M
Preferred stock dividends	(69)		(34)		(74)		(41)		(66)		N/M		N/M		(177)		(166)		N/M
Net income applicable to common shareholders of The Bank of New York Mellon Corporation	$	319	$	835	$	699	$	822	$	881	(62)	%	(64)	%	$	1,853	$	2,730	(32)	%

Average common shares and equivalents outstanding: Basic	811,304		810,903		809,469		811,463		844,088		—	%	(4)	%	810,703		865,374		(6)	%
Diluted	814,516		813,590		813,986		817,345		849,028		—	%	(4)	%	814,214		869,324		(6)	%

Earnings per common share: Basic	$	0.39	$	1.03	$	0.86	$	1.01	$	1.04	(62)	%	(63)	%	$	2.29	$	3.15	(27)	%
Diluted	$	0.39	$	1.03	$	0.86	$	1.01	$	1.04	(62)	%	(63)	%	$	2.28	$	3.14	(27)	%
N/M – Not meaningful.


THE BANK OF NEW YORK MELLON CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEET

	2022						2021
(in millions)	Sept. 30		June 30		March 31		Dec. 31		Sept. 30
Assets
Cash and due from banks	$	4,707	$	5,185	$	6,143	$	6,061	$	6,752
Interest-bearing deposits with the Federal Reserve and other central banks	107,427		125,372		135,691		102,467		126,959
Interest-bearing deposits with banks	13,890		16,639		18,268		16,630		20,057
Federal funds sold and securities purchased under resale agreements	23,483		22,940		27,131		29,607		28,497
Securities	144,181		150,844		153,396		158,705		157,274
Trading assets	12,650		10,759		14,703		16,577		17,854
Loans	69,829		69,347		68,052		67,787		64,328
Allowance for loan losses	(164)		(181)		(171)		(196)		(233)
Net loans	69,665		69,166		67,881		67,591		64,095
Premises and equipment	3,311		3,354		3,359		3,431		3,422
Accrued interest receivable	723		548		467		457		464
Goodwill	16,412		17,271		17,462		17,512		17,420
Intangible assets	2,902		2,934		2,968		2,991		2,941
Other assets	28,602		27,609		26,342		22,409		24,798
Total assets	$	427,953	$	452,621	$	473,811	$	444,438	$	470,533
Liabilities
Deposits	$	301,989	$	325,813	$	345,565	$	319,694	$	343,139
Federal funds purchased and securities sold under repurchase agreements	11,339		11,434		13,181		11,566		11,973
Trading liabilities	7,494		5,595		5,587		5,469		5,152
Payables to customers and broker-dealers	23,741		25,769		26,608		25,150		26,002

Other borrowed funds	357		520		312		749		767
Accrued taxes and other expenses	5,316		5,011		4,534		5,767		5,609
Other liabilities	10,001		9,724		10,626		6,721		8,796
Long-term debt	27,820		27,610		25,246		25,931		25,043
Total liabilities	388,057		411,476		431,659		401,047		426,481
Temporary equity
Redeemable noncontrolling interests	152		154		155		161		178
Permanent equity
Preferred stock	4,838		4,838		4,838		4,838		4,541
Common stock	14		14		14		14		14
Additional paid-in capital	28,374		28,316		28,258		28,128		28,075
Retained earnings	37,660		37,644		37,088		36,667		36,125
Accumulated other comprehensive loss, net of tax	(6,627)		(5,307)		(3,881)		(2,213)		(2,003)
Less: Treasury stock, at cost	(24,522)		(24,521)		(24,518)		(24,400)		(23,151)
Total The Bank of New York Mellon Corporation shareholders’ equity	39,737		40,984		41,799		43,034		43,601
Nonredeemable noncontrolling interests of consolidated investment management funds	7		7		198		196		273
Total permanent equity	39,744		40,991		41,997		43,230		43,874
Total liabilities, temporary equity and permanent equity	$	427,953	$	452,621	$	473,811	$	444,438	$	470,533


THE BANK OF NEW YORK MELLON CORPORATION
FEE AND OTHER REVENUE

											3Q22 vs.								YTD22 vs.
(dollars in millions)	3Q22		2Q22		1Q22		4Q21		3Q21		2Q22		3Q21		YTD22		YTD21		YTD21
Investment services fees	$	2,157	$	2,206	$	1,993	$	2,061	$	2,091	(2)	%	3	%	$	6,356	$	6,223	2	%
Investment management and performance fees:
Investment management fees (a)	790		828		849		864		892		(5)		(11)		2,467		2,617		(6)
Performance fees	10		5		34		32		21		N/M		(52)		49		75		(35)
Total investment management and performance fees (b)	800		833		883		896		913		(4)		(12)		2,516		2,692		(7)
Foreign exchange revenue	203		222		207		199		185		(9)		10		632		600		5
Financing-related fees	43		44		45		47		48		(2)		(10)		132		147		(10)
Distribution and servicing fees	33		34		30		28		28		(3)		18		97		84		15
Total fee revenue	3,236		3,339		3,158		3,231		3,265		(3)		(1)		9,733		9,746		—
Investment and other revenue:
(Loss) income from consolidated investment management funds	(7)		(24)		(20)		9		(7)		N/M		N/M		(51)		23		N/M
Seed capital (losses) gains (c)	(11)		(24)		(8)		12		7		N/M		N/M		(43)		28		N/M
Other trading revenue (loss)	65		45		5		(6)		20		N/M		N/M		115		12		N/M
Renewable energy investment (losses)	(44)		(44)		(44)		(37)		(42)		N/M		N/M		(132)		(164)		N/M
Corporate/bank-owned life insurance	32		28		33		45		33		N/M		N/M		93		95		N/M
Other investments gains (d)	13		78		61		55		70		N/M		N/M		152		104		N/M
Disposal gains	37		—		—		—		7		N/M		N/M		37		13		N/M
Expense reimbursements from joint venture	27		26		27		23		25		N/M		N/M		80		73		N/M
Other income	4		6		12		5		14		N/M		N/M		22		41		N/M
Net securities gains	1		—		4		1		2		N/M		N/M		5		4		N/M
Total investment and other revenue	117		91		70		107		129		N/M		N/M		278		229		N/M
Total fee and other revenue	$	3,353	$	3,430	$	3,228	$	3,338	$	3,394	(2)	%	(1)	%	$	10,011	$	9,975	—	%
(a) Excludes seed capital gains (losses) related to consolidated investment management funds.
(b) On a constant currency basis (Non-GAAP), investment management and performance fees decreased 8% compared with 3Q21. See "Explanation of GAAP and Non-GAAP Financial Measures" beginning on page 18 for the reconciliation of this Non-GAAP measure.
(c) Includes gains (losses) on investments in BNY Mellon funds which hedge deferred incentive awards.
(d) Includes strategic equity, private equity and other investments.
N/M – Not meaningful.


THE BANK OF NEW YORK MELLON CORPORATION
AVERAGE BALANCES AND INTEREST RATES
	3Q22				2Q22				1Q22				4Q21				3Q21
	Average balance		Average rate		Average balance		Average rate		Average balance		Average rate		Average balance		Average rate		Average balance		Average rate
(dollars in millions; average rates are annualized)
Assets
Interest-earning assets:
Interest-bearing deposits with the Federal Reserve and other central banks	$	91,836	1.23	%	$	102,844	0.38	%	$	100,303	0.01	%	$	105,065	(0.06)	%	$	108,110	(0.07)	%
Interest-bearing deposits with banks	16,298		1.62		18,097		0.74		17,181		0.33		18,818		0.23		20,465		0.22
Federal funds sold and securities purchased under resale agreements (a)	22,971		5.55		24,212		1.91		27,006		0.56		27,780		0.45		29,304		0.44
Loans	68,082		3.39		69,036		2.15		66,810		1.57		64,650		1.55		61,206		1.55
Securities:
U.S. government obligations	40,829		1.75		41,267		1.07		40,868		0.74		39,169		0.73		36,255		0.73
U.S. government agency obligations	62,819		1.91		64,939		1.59		67,055		1.46		69,691		1.35		70,199		1.34
State and political subdivisions (b)	1,982		2.39		2,065		2.13		2,337		2.16		2,569		2.11		2,628		2.07
Other securities (b)	42,642		1.90		43,635		1.31		45,541		1.02		47,493		0.97		47,334		0.94
Total investment securities (b)	148,272		1.87		151,906		1.37		155,801		1.15		158,922		1.10		156,416		1.09
Trading securities (b)	4,603		3.06		4,687		1.91		6,085		1.43		6,447		0.93		5,564		0.53
Total securities (b)	152,875		1.91		156,593		1.39		161,886		1.16		165,369		1.09		161,980		1.07
Total interest-earning assets (b)	$	352,062	2.24	%	$	370,782	1.25	%	$	373,186	0.84	%	$	381,682	0.76	%	$	381,065	0.73	%
Noninterest-earning assets	63,608				66,841				67,016				67,956				65,696
Total assets	$	415,670			$	437,623			$	440,202			$	449,638			$	446,761

Liabilities and equity
Interest-bearing liabilities:
Interest-bearing deposits	$	203,659	0.95	%	$	219,124	0.16	%	$	223,243	(0.07)	%	$	231,086	(0.08)	%	$	233,363	(0.08)	%
Federal funds purchased and securities sold under repurchase agreements (a)	12,297		8.05		12,610		2.47		12,864		0.36		12,421		0.07		13,415		0.08
Trading liabilities	3,550		2.52		3,231		1.25		3,372		0.53		3,019		0.28		2,821		0.11
Other borrowed funds	504		1.15		437		2.14		458		2.36		517		1.80		383		2.53
Commercial paper	5		2.34		5		1.61		4		0.09		—		—		11		0.07
Payables to customers and broker-dealers	18,030		1.07		16,592		0.21		16,661		0.01		16,414		(0.01)		16,648		(0.01)
Long-term debt	28,449		3.43		26,195		2.22		25,588		1.53		25,932		1.36		25,751		1.39
Total interest-bearing liabilities	$	266,494	1.57	%	$	278,194	0.48	%	$	282,190	0.11	%	$	289,389	0.07	%	$	292,392	0.07	%
Total noninterest-bearing deposits	84,804				91,893				90,179				91,535				85,581
Other noninterest-bearing liabilities	23,547				26,354				25,419				25,481				24,164
Total The Bank of New York Mellon Corporation shareholders’ equity	40,780				41,037				42,201				42,968				44,296
Noncontrolling interests	45				145				213				265				328
Total liabilities and equity	$	415,670			$	437,623			$	440,202			$	449,638			$	446,761
Net interest margin			1.05	%			0.89	%			0.75	%			0.71	%			0.67	%
Net interest margin (FTE) – Non-GAAP (c)			1.05	%			0.89	%			0.76	%			0.71	%			0.68	%
(a) Includes the average impact of offsetting under enforceable netting agreements of approximately $35 billion for 3Q22, $33 billion for 2Q22, $53 billion for 1Q22, $54 billion for 4Q21 and $47 billion for 3Q21. 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 2.21% for 3Q22, 0.80% for 2Q22, 0.19% for 1Q22, 0.15% for 4Q21 and 0.17% for 3Q21. 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 2.11% for 3Q22, 0.68% for 2Q22, 0.07% for 1Q22, 0.01% for 4Q21 and 0.02% for 3Q21. 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 18 for the reconciliation of this Non-GAAP measure.


THE BANK OF NEW YORK MELLON CORPORATION
CAPITAL AND LIQUIDITY

	2022									2021
(dollars in millions)	Sept. 30			June 30			March 31			Dec. 31			Sept. 30
Consolidated regulatory capital ratios (a)
Standardized Approach:
CET1 capital	$	16,726		$	17,067		$	17,579		$	18,746		$	19,844
Tier 1 capital	21,494			21,824			22,335			23,485			24,292
Total capital	23,008			23,366			23,835			24,972			25,816
Risk-weighted assets	167,276			169,710			173,629			167,608			169,216

CET1 ratio	10.0		%	10.1		%	10.1		%	11.2		%	11.7		%
Tier 1 capital ratio	12.8			12.9			12.9			14.0			14.4
Total capital ratio	13.8			13.8			13.7			14.9			15.3

Advanced Approaches:
CET1 capital	$	16,726		$	17,067		$	17,579		$	18,746		$	19,844
Tier 1 capital	21,494			21,824			22,335			23,485			24,292
Total capital	22,757			23,112			23,582			24,722			25,534
Risk-weighted assets	165,739			169,919			169,091			165,067			167,607

CET1 ratio	10.1		%	10.0		%	10.4		%	11.4		%	11.8		%
Tier 1 capital ratio	13.0			12.8			13.2			14.2			14.5
Total capital ratio	13.7			13.6			13.9			15.0			15.2

Tier 1 leverage ratio:
Average assets for Tier 1 leverage ratio	$	397,427		$	418,467		$	420,778		$	430,102		$	427,461
Tier 1 leverage ratio	5.4		%	5.2		%	5.3		%	5.5		%	5.7		%

SLR:
Leverage exposure	$	340,312		$	351,552		$	361,464		$	354,033		$	347,856
SLR	6.3		%	6.2		%	6.2		%	6.6		%	7.0		%

Average liquidity coverage ratio	116		%	111		%	109		%	109		%	111		%
(a) Regulatory capital ratios for Sept. 30, 2022 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 Sept. 30, 2022 was the Standardized Approach for the CET1 and Tier 1 capital ratios and the Advanced Approaches for the Total capital ratio, for June 30, 2022 was the Advanced Approaches, for March 31, 2022 and Dec. 31, 2021 was the Standardized Approach, and for Sept. 30, 2021 was the Standardized Approach for the CET1 and Tier 1 capital ratios and the Advanced Approaches for the Total capital ratio.


THE BANK OF NEW YORK MELLON CORPORATION
SECURITIES SERVICES BUSINESS SEGMENT

																3Q22 vs.										YTD22 vs.
(dollars in millions)	3Q22			2Q22			1Q22			4Q21			3Q21			2Q22		3Q21		YTD22			YTD21			YTD21
Revenue:
Investment services fees:
Asset Servicing	$	953		$	995		$	999		$	984		$	979		(4)	%	(3)	%	$	2,947		$	2,892		2	%
Issuer Services	288			309			141			253			281			(7)		2		738			808			(9)
Total investment services fees	1,241			1,304			1,140			1,237			1,260			(5)		(2)		3,685			3,700			—
Foreign exchange revenue	132			155			148			148			125			(15)		6		435			426			2
Other fees (a)	52			54			41			28			30			(4)		73		147			85			73
Total fee revenue	1,425			1,513			1,329			1,413			1,415			(6)		1		4,267			4,211			1
Investment and other revenue	111			36			74			53			73			N/M		N/M		221			141			N/M
Total fee and other revenue	1,536			1,549			1,403			1,466			1,488			(1)		3		4,488			4,352			3
Net interest revenue	538			457			377			367			349			18		54		1,372			1,059			30
Total revenue	2,074			2,006			1,780			1,833			1,837			3		13		5,860			5,411			8
Provision for credit losses	(6)			13			(10)			(7)			(19)			N/M		N/M		(3)			(127)			N/M
Noninterest expense (ex. amortization of intangible assets)	1,549			1,647			1,502			1,481			1,535			(6)		1		4,698			4,339			8
Amortization of intangible assets	8			9			8			9			8			(11)		—		25			23			9
Total noninterest expense	1,557			1,656			1,510			1,490			1,543			(6)		1		4,723			4,362			8
Income before income taxes	$	523		$	337		$	280		$	350		$	313		55	%	67	%	$	1,140		$	1,176		(3)	%


Total revenue by line of business:
Asset Servicing	$	1,596		$	1,534		$	1,512		$	1,456		$	1,437		4	%	11	%	$	4,642		$	4,243		9	%
Issuer Services	478			472			268			377			400			1		20		1,218			1,168			4
Total revenue by line of business	$	2,074		$	2,006		$	1,780		$	1,833		$	1,837		3	%	13	%	$	5,860		$	5,411		8	%

Financial ratios:
Pre-tax operating margin	25		%	17		%	16		%	19		%	17		%					19		%	22		%

Memo: Securities lending revenue (b)	$	48		$	45		$	39		$	45		$	45		7	%	7	%	$	132		$	128		3	%
(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.


THE BANK OF NEW YORK MELLON CORPORATION
SECURITIES SERVICES BUSINESS SEGMENT

											3Q22 vs.								YTD22 vs.
(dollars in millions, unless otherwise noted)	3Q22		2Q22		1Q22		4Q21		3Q21		2Q22		3Q21		YTD22		YTD21		YTD21
Selected balance sheet data:
Average loans	$	11,573	$	11,386	$	10,150	$	9,764	$	8,389	2	%	38	%	$	11,042	$	8,416	31	%
Average assets (a)	$	203,063	$	219,797	$	220,889	$	229,511	$	226,930	(8)	%	(11)	%	$	214,518	$	228,714	(6)	%
Average deposits	$	176,328	$	191,191	$	192,156	$	200,272	$	198,680	(8)	%	(11)	%	$	186,500	$	200,553	(7)	%

Selected metrics:
AUC/A at period end (in trillions) (b)(c)	$	30.0	$	31.0	$	33.7	$	34.6	$	33.8	(3)	%	(11)	%
Market value of securities on loan at period end (in billions) (d)	$	435	$	441	$	449	$	447	$	443	(1)	%	(2)	%
(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, 2022 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 $1.4 trillion at Sept. 30, 2022, $1.5 trillion at June 30, 2022 and $1.7 trillion at March 31, 2022, Dec. 31, 2021 and Sept. 30, 2021.
(d) Represents the total amount of securities on loan in our agency securities lending program. Excludes securities for which BNY Mellon acts as agent on behalf of CIBC Mellon clients, which totaled $75 billion at Sept. 30, 2022, $70 billion at June 30, 2022, $78 billion at March 31, 2022, $71 billion at Dec. 31, 2021 and $68 billion at Sept. 30, 2021.


THE BANK OF NEW YORK MELLON CORPORATION
MARKET AND WEALTH SERVICES BUSINESS SEGMENT

																3Q22 vs.										YTD22 vs.
(dollars in millions)	3Q22			2Q22			1Q22			4Q21			3Q21			2Q22		3Q21		YTD22			YTD21			YTD21
Revenue:
Investment services fees:
Pershing	$	494		$	479		$	433		$	412		$	427		3	%	16	%	$	1,406		$	1,325		6	%
Treasury Services	173			176			170			170			168			(2)		3		519			492			5
Clearance and Collateral Management	239			240			243			236			228			—		5		722			682			6
Total investment services fees	906			895			846			818			823			1		10		2,647			2,499			6
Foreign exchange revenue	20			22			26			21			23			(9)		(13)		68			67			1
Other fees (a)	49			46			34			31			31			7		58		129			100			29
Total fee revenue	975			963			906			870			877			1		11		2,844			2,666			7
Investment and other revenue	14			11			—			6			13			N/M		N/M		25			41			N/M
Total fee and other revenue	989			974			906			876			890			2		11		2,869			2,707			6
Net interest revenue	378			340			296			297			283			11		34		1,014			861			18
Total revenue	1,367			1,314			1,202			1,173			1,173			4		17		3,883			3,568			9
Provision for credit losses	(1)			4			(2)			(3)			(16)			N/M		N/M		1			(64)			N/M
Noninterest expense (ex. amortization of intangible assets)	735			700			706			670			665			5		11		2,141			1,985			8
Amortization of intangible assets	2			2			2			4			3			—		(33)		6			17			(65)
Total noninterest expense	737			702			708			674			668			5		10		2,147			2,002			7
Income before income taxes	$	631		$	608		$	496		$	502		$	521		4	%	21	%	$	1,735		$	1,630		6	%


Total revenue by line of business:
Pershing	$	658		$	636		$	570		$	553		$	566		3	%	16	%	$	1,864		$	1,761		6	%
Treasury Services	390			373			338			331			326			5		20		1,101			962			14
Clearance and Collateral Management	319			305			294			289			281			5		14		918			845			9
Total revenue by line of business	$	1,367		$	1,314		$	1,202		$	1,173		$	1,173		4	%	17	%	$	3,883		$	3,568		9	%


Financial ratios:
Pre-tax operating margin	46		%	46		%	41		%	43		%	44		%					45		%	46		%
(a) Other fees primarily include financing-related fees.
N/M – Not meaningful.


THE BANK OF NEW YORK MELLON CORPORATION
MARKET AND WEALTH SERVICES BUSINESS SEGMENT

											3Q22 vs.								YTD22 vs.
(dollars in millions, unless otherwise noted)	3Q22		2Q22		1Q22		4Q21		3Q21		2Q22		3Q21		YTD22		YTD21		YTD21
Selected balance sheet data:
Average loans	$	40,882	$	42,391	$	42,113	$	40,812	$	39,041	(4)	%	5	%	$	41,791	$	37,513	11	%
Average assets (a)	$	138,204	$	141,952	$	141,183	$	143,816	$	143,630	(3)	%	(4)	%	$	140,435	$	145,562	(4)	%
Average deposits	$	90,612	$	94,716	$	95,704	$	100,653	$	101,253	(4)	%	(11)	%	$	93,658	$	103,720	(10)	%

Selected metrics:
AUC/A at period end (in trillions) (b)(c)	$	12.0	$	11.8	$	11.6	$	11.8	$	11.2	2	%	7	%

Pershing
AUC/A at period end (in trillions) (b)	$	2.1	$	2.2	$	2.5	$	2.6	$	2.6	(5)	%	(19)	%
Net new assets (U.S. platform) (in billions) (d)	$	45	$	16	$	18	$	69	$	13	N/M		N/M
Average active clearing accounts (in thousands)	7,466		7,432		7,432		7,334		7,259		—	%	3	%

Treasury Services
Average daily U.S. dollar payment volumes	234,468		237,763		240,403		245,634		232,144		(1)	%	1	%

Clearance and Collateral Management
Average tri-party collateral management balances (in billions)	$	5,457	$	5,207	$	5,026	$	4,972	$	4,516	5	%	21	%
(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, 2022 information is preliminary.
(c) Consists of AUC/A from the Clearance and Collateral Management and Pershing 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.


THE BANK OF NEW YORK MELLON CORPORATION
INVESTMENT AND WEALTH MANAGEMENT BUSINESS SEGMENT

																3Q22 vs.										YTD22 vs.
(dollars in millions)	3Q22			2Q22			1Q22			4Q21			3Q21			2Q22		3Q21		YTD22			YTD21			YTD21
Revenue:
Investment management fees	$	788		$	825		$	848		$	864		$	893		(4)	%	(12)	%	$	2,461		$	2,619		(6)	%
Performance fees	10			5			34			32			21			N/M		(52)		49			75			(35)
Investment management and performance fees (a)	798			830			882			896			914			(4)		(13)		2,510			2,694			(7)
Distribution and servicing fees	55			51			32			28			28			8		96		138			84			64
Other fees (b)	(45)			(31)			1			22			20			N/M		N/M		(75)			58			N/M
Total fee revenue	808			850			915			946			962			(5)		(16)		2,573			2,836			(9)
Investment and other revenue (c)	(3)			(13)			(8)			23			23			N/M		N/M		(24)			44			N/M
Total fee and other revenue (c)	805			837			907			969			985			(4)		(18)		2,549			2,880			(11)
Net interest revenue	57			62			57			51			47			(8)		21		176			142			24
Total revenue	862			899			964			1,020			1,032			(4)		(16)		2,725			3,022			(10)
Provision for credit losses	3			—			(3)			(6)			(7)			N/M		N/M		—			(7)			N/M
Noninterest expense (ex. goodwill impairment and amortization of intangible assets)	669			685			748			741			684			(2)		(2)		2,102			2,055			2
Goodwill impairment	680			—			—			—			—			N/M		N/M		680			—			N/M
Amortization of intangible assets	7			6			7			7			7			17		—		20			22			(9)
Total noninterest expense	1,356			691			755			748			691			96		96		2,802			2,077			35
(Loss) income before income taxes	$	(497)		$	208		$	212		$	278		$	348		(339)	%	(243)	%	$	(77)		$	952		(108)	%


Total revenue by line of business:
Investment Management	$	579		$	603		$	658		$	709		$	727		(4)	%	(20)	%	$	1,840		$	2,125		(13)	%
Wealth Management	283			296			306			311			305			(4)		(7)		885			897			(1)
Total revenue by line of business	$	862		$	899		$	964		$	1,020		$	1,032		(4)	%	(16)	%	$	2,725		$	3,022		(10)	%

Financial ratios:
Pre-tax operating margin	(57)		%	23		%	22		%	27		%	34		%					(3)		%	31		%
Adjusted pre-tax operating margin – Non-GAAP (d)	(64)		%	26		%	24		%	29		%	36		%					(3)		%	34		%

Selected balance sheet data:
Average loans	$	14,482		$	14,087		$	13,228		$	12,737		$	12,248		3	%	18	%	$	13,937		$	11,912		17	%
Average assets (e)	$	29,996		$	33,668		$	35,629		$	31,306		$	30,195		(11)	%	(1)	%	$	33,077		$	30,870		7	%
Average deposits	$	17,225		$	20,802		$	22,501		$	18,374		$	17,270		(17)	%	—	%	$	20,157		$	17,964		12	%
(a) On a constant currency basis, investment management and performance fees decreased 8% (Non-GAAP) compared with 3Q21. See "Explanation of GAAP and Non-GAAP Financial Measures" beginning on page 18 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) Net of distribution and servicing expense. See "Explanation of GAAP and Non-GAAP Financial Measures" beginning on page 18 for the reconciliation of this Non-GAAP measure.
(e) 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.


THE BANK OF NEW YORK MELLON CORPORATION
AUM BY PRODUCT TYPE, CHANGES IN AUM AND WEALTH MANAGEMENT CLIENT ASSETS

											3Q22 vs.								YTD22 vs.
(dollars in billions)	3Q22		2Q22		1Q22		4Q21		3Q21		2Q22		3Q21		YTD22		YTD21		YTD21
AUM by product type (a)(b):
Equity	$	125	$	139	$	168	$	187	$	180	(10)	%	(31)	%
Fixed income	205		226		248		267		269		(9)		(24)
Index	366		387		440		467		436		(5)		(16)
Liability-driven investments	546		641		812		890		843		(15)		(35)
Multi-asset and alternative investments	181		188		215		228		218		(4)		(17)
Cash	353		356		383		395		364		(1)		(3)
Total AUM	$	1,776	$	1,937	$	2,266	$	2,434	$	2,310	(8)	%	(23)	%

Changes in AUM (a)(b):
Beginning balance of AUM	$	1,937	$	2,266	$	2,434	$	2,310	$	2,320					$	2,434	$	2,211
Net inflows (outflows):
Long-term strategies:
Equity	(5)		(4)		(4)		(4)		(5)						(13)		(8)
Fixed income	(3)		(1)		(5)		—		1						(9)		17
Liability-driven investments	30		12		17		1		16						59		35
Multi-asset and alternative investments	2		(5)		(4)		1		(2)						(7)		(3)
Total long-term active strategies inflows (outflows)	24		2		4		(2)		10						30		41
Index	(1)		12		(5)		(2)		(3)						6		(5)
Total long-term strategies inflows (outflows)	23		14		(1)		(4)		7						36		36
Short-term strategies:
Cash	(2)		(26)		(11)		31		7						(39)		39
Total net inflows (outflows)	21		(12)		(12)		27		14						(3)		75
Net market impact	(118)		(241)		(130)		96		4						(489)		47
Net currency impact	(64)		(76)		(26)		1		(28)						(166)		(23)

Ending balance of AUM	$	1,776	$	1,937	$	2,266	$	2,434	$	2,310	(8)	%	(23)	%	$	1,776	$	2,310	(23)	%

Wealth Management client assets (a)(c)	$	256	$	264	$	305	$	321	$	307	(3)	%	(17)	%
(a) Sept. 30, 2022 information is preliminary.
(b) Excludes assets managed outside of the Investment and Wealth Management business segment.
(c) Includes AUM and AUC/A in the Wealth Management line of business.


THE BANK OF NEW YORK MELLON CORPORATION
SECURITIES PORTFOLIO

(dollars in millions)	June 30, 2022			3Q22 change in unrealized gain (loss)		Sept. 30, 2022					Fair value as a % of amortized cost (a)		Unrealized gain (loss)			% Floating rate (b)		Ratings (c)
						Amortized cost (a)		Fair value										AAA/ AA-		A+/ A-		BBB+/ BBB-		BB+ and lower		Not rated
	Fair value
U.S. Treasury	$	42,547		$	(426)	$	41,617	$	40,031		96	%	$	(1,586)		56	%	100	%	—	%	—	%	—	%	—	%
Agency RMBS	42,241			(1,839)		44,081		39,035			89		(5,046)			15		100		—		—		—		—
Agency commercial MBS	12,257			(294)		12,840		12,005			93		(835)			41		100		—		—		—		—
Sovereign debt/sovereign guaranteed	12,577			(259)		12,280		11,697			95		(583)			20		88		5		6		1		—
Supranational	7,949			(112)		8,429		8,135			97		(294)			62		100		—		—		—		—
CLOs	6,046			(43)		6,408		6,181			96		(227)			100		99		—		—		—		1
U.S. government agencies	5,671			(186)		6,386		5,807			91		(579)			35		100		—		—		—		—
Foreign covered bonds	5,831			(74)		5,546		5,293			95		(253)			54		100		—		—		—		—
Non-agency commercial MBS	3,045			(69)		3,270		2,976			91		(294)			52		100		—		—		—		—
Foreign government agencies	2,599			(20)		2,509		2,404			96		(105)			29		92		8		—		—		—
Non-agency RMBS	2,346			(62)		2,306		2,143			93		(163)			50		85		3		—		8		4
State and political subdivisions	2,049			(59)		2,200		1,914			87		(286)			25		90		9		—		—		1
Other asset-backed securities	1,668			(26)		1,594		1,465			92		(129)			19		100		—		—		—		—
Corporate bonds	1,342			(26)		1,409		1,270			90		(139)			47		17		68		15		—		—
Other	1			—		1		1			100		—			—		—		—		—		—		100
Total securities	$	148,169	(d)	$	(3,495)	$	150,876	$	140,357	(d)(e)	93	%	$	(10,519)	(d)(f)	40	%	98	%	1	%	1	%	—	%	—	%
(a) Amortized cost reflects historical impairments, 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 net unrealized gains on derivatives hedging securities available-for-sale (including terminated hedges) of $1,764 million at June 30, 2022 and $2,948 million at Sept. 30, 2022.
(e) The fair value of available-for-sale securities totaled $89,872 million at Sept. 30, 2022, net of hedges, or 64% of the fair value of the securities portfolio, net of hedges. The fair value of the held-to-maturity securities totaled $50,485 million at Sept. 30, 2022, or 36% of the fair value of the securities portfolio, net of hedges.
(f) At Sept. 30, 2022, net unrealized losses of $3,747 million related to available-for-sale securities, net of hedges, and $6,772 million related to held-to-maturity securities.
Note: The amortizable purchase premium (net of discount) relating to securities was $1,387 million at Sept. 30, 2022 and the amortization of that net purchase premium was $81 million in 3Q22.


THE BANK OF NEW YORK MELLON CORPORATION
ALLOWANCE FOR CREDIT LOSSES AND NONPERFORMING ASSETS

	2022									2021
(dollars in millions)	Sept. 30			June 30			March 31			Dec. 31			Sept. 30
Allowance for credit losses – beginning of period:
Allowance for loan losses	$	181		$	171		$	196		$	233		$	269
Allowance for lending-related commitments	62			53			45			40			50
Allowance for other financial instruments (a)	67			39			19			18			16
Allowance for credit losses – beginning of period	$	310		$	263		$	260		$	291		$	335

Net (charge-offs) recoveries:
Charge-offs	(1)			(1)			—			(16)			—
Recoveries	1			1			1			2			1
Total net (charge-offs) recoveries	—			—			1			(14)			1
Provision for credit losses (b)	(30)			47			2			(17)			(45)
Allowance for credit losses – end of period	$	280		$	310		$	263		$	260		$	291

Allowance for credit losses – end of period:
Allowance for loan losses	$	164		$	181		$	171		$	196		$	233
Allowance for lending-related commitments	72			62			53			45			40
Allowance for other financial instruments (a)	44			67			39			19			18
Allowance for credit losses – end of period	$	280		$	310		$	263		$	260		$	291

Allowance for loan losses as a percentage of total loans	0.23		%	0.26		%	0.25		%	0.29		%	0.36		%

Nonperforming assets	$	107		$	114		$	119		$	120		$	108
(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 other instruments within the scope of ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments.


THE BANK OF NEW YORK MELLON CORPORATION
EXPLANATION OF GAAP AND NON-GAAP FINANCIAL MEASURES

BNY Mellon 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 revenue, 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.

BNY Mellon has also included the adjusted pre-tax operating margin – Non-GAAP, which is the pre-tax operating margin for the Investment and Wealth Management business segment, net of distribution and servicing expense that was passed to third parties who distribute or service our managed funds. We believe that this measure is useful when evaluating the performance of the Investment and Wealth Management business segment relative to industry competitors.

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.

Notes:


Return on common and tangible common equity ratios are annualized.



Return on common equity and tangible common equity reconciliation
(dollars in millions)	3Q22			2Q22			1Q22			4Q21			3Q21			YTD22			YTD21
Net income applicable to common shareholders of The Bank of New York Mellon Corporation – GAAP	$	319		$	835		$	699		$	822		$	881		$	1,853		$	2,730
Add: Amortization of intangible assets	17			17			17			19			19			51			63
Less: Tax impact of amortization of intangible assets	4			4			4			5			4			12			15
Adjusted net income applicable to common shareholders of The Bank of New York Mellon Corporation, excluding amortization of intangible assets – Non-GAAP	$	332		$	848		$	712		$	836		$	896		$	1,892		$	2,778

Average common shareholders’ equity	$	35,942		$	36,199		$	37,363		$	37,941		$	39,755		$	36,483		$	40,286
Less: Average goodwill	17,189			17,347			17,490			17,481			17,474			17,341			17,495
Average intangible assets	2,922			2,949			2,979			2,988			2,953			2,950			2,976
Add: Deferred tax liability – tax deductible goodwill	1,175			1,187			1,184			1,178			1,173			1,175			1,173
Deferred tax liability – intangible assets	660			668			673			676			673			660			673
Average tangible common shareholders’ equity – Non-GAAP	$	17,666		$	17,758		$	18,751		$	19,326		$	21,174		$	18,027		$	21,661

Return on common equity – GAAP	3.5		%	9.3		%	7.6		%	8.6		%	8.8		%	6.8		%	9.1		%
Return on tangible common equity – Non-GAAP	7.5		%	19.2		%	15.4		%	17.2		%	16.8		%	14.0		%	17.1		%


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	2022									2021
(dollars in millions, except common shares and unless otherwise noted)	Sept. 30			June 30			March 31			Dec. 31			Sept. 30
BNY Mellon shareholders’ equity at period end – GAAP	$	39,737		$	40,984		$	41,799		$	43,034		$	43,601
Less: Preferred stock	4,838			4,838			4,838			4,838			4,541
BNY Mellon common shareholders’ equity at period end – GAAP	34,899			36,146			36,961			38,196			39,060
Less: Goodwill	16,412			17,271			17,462			17,512			17,420
Intangible assets	2,902			2,934			2,968			2,991			2,941
Add: Deferred tax liability – tax deductible goodwill	1,175			1,187			1,184			1,178			1,173
Deferred tax liability – intangible assets	660			668			673			676			673
BNY Mellon tangible common shareholders’ equity at period end – Non-GAAP	$	17,420		$	17,796		$	18,388		$	19,547		$	20,545

Period-end common shares outstanding (in thousands)	808,280			808,103			807,798			804,145			825,821

Book value per common share – GAAP	$	43.18		$	44.73		$	45.76		$	47.50		$	47.30
Tangible book value per common share – Non-GAAP	$	21.55		$	22.02		$	22.76		$	24.31		$	24.88



Net interest margin reconciliation
(dollars in millions)	3Q22			2Q22			1Q22			4Q21			3Q21
Net interest revenue – GAAP	$	926		$	824		$	698		$	677		$	641
Add: Tax equivalent adjustment	3			3			3			4			3
Net interest revenue (FTE) – Non-GAAP	$	929		$	827		$	701		$	681		$	644

Average interest-earning assets	$	352,062		$	370,782		$	373,186		$	381,682		$	381,065

Net interest margin – GAAP (a)	1.05		%	0.89		%	0.75		%	0.71		%	0.67		%
Net interest margin (FTE) – Non-GAAP (a)	1.05		%	0.89		%	0.76		%	0.71		%	0.68		%
(a) Net interest margin is annualized.


THE BANK OF NEW YORK MELLON CORPORATION
EXPLANATION OF GAAP AND NON-GAAP FINANCIAL MEASURES
Pre-tax operating margin reconciliation - Investment and Wealth Management business segment
(dollars in millions)	3Q22			2Q22			1Q22			4Q21			3Q21			YTD22			YTD21
Income before income taxes – GAAP	$	(497)		$	208		$	212		$	278		$	348		$	(77)		$	952

Total revenue – GAAP	$	862		$	899		$	964		$	1,020		$	1,032		$	2,725		$	3,022
Less: Distribution and servicing expense	88			91			79			75			76			258			225
Adjusted total revenue, net of distribution and servicing expense – Non-GAAP	$	774		$	808		$	885		$	945		$	956		$	2,467		$	2,797

Pre-tax operating margin – GAAP (a)	(57)		%	23		%	22		%	27		%	34		%	(3)		%	31		%
Adjusted pre-tax operating margin, net of distribution and servicing expense – Non-GAAP (a)	(64)		%	26		%	24		%	29		%	36		%	(3)		%	34		%
(a) Income before income taxes divided by total revenue.



Constant currency reconciliations							3Q22 vs.
(dollars in millions)	3Q22			3Q21			3Q21
Consolidated:
Investment management and performance fees – GAAP	$	800		$	913		(12)		%
Impact of changes in foreign currency exchange rates	—			(48)
Adjusted investment management and performance fees – Non-GAAP	$	800		$	865		(8)		%


Investment and Wealth Management business segment:
Investment management and performance fees – GAAP	$	798		$	914		(13)		%
Impact of changes in foreign currency exchange rates	—			(48)
Adjusted investment management and performance fees – Non-GAAP	$	798		$	866		(8)		%


Table of Contents




Consolidated Results						Page
Consolidated Financial Highlights						3
Condensed Consolidated Income Statement						4
Condensed Consolidated Balance Sheet						5
Fee and Other Revenue						6
Average Balances and Interest Rates						7
Capital and Liquidity						8

Business Segment Results
Securities Services Business Segment						9
Market and Wealth Services Business Segment						11
Investment and Wealth Management Business Segment						13
AUM by Product Type, Changes in AUM and Wealth Management Client Assets						14
Other Segment						15

Other
Securities Portfolio						16
Allowance for Credit Losses and Nonperforming Assets						17

Supplemental Information
Explanation of GAAP and Non-GAAP Financial Measures						18


The Bank of New York Mellon Corporation

Financial Supplement

Third Quarter 2022