The Bank of New York Mellon Corporation

NYSE-BK

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Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Transaction-Based Revenues	14,194	13,620	12,872	12,955	12,977	12,515	12,178	20,479	19,568	18,878	18,778
Investment Services Fees
Investment Management and Performance Fees
Foreign Exchange Revenue
Financing-Related Fees
Distribution and Servicing Fees
Asset Servicing Fees
Clearing Services Fees
Issuer Services Fees
Treasury Services Fees
Net Interest Income	4,792	4,312	4,345	3,504	2,618	2,977	3,188	3,611	3,308	3,138	3,026
Interest Income
Interest Expense
Other Revenues	762	687	480	-82	336	316	1,096	167	211	477	600
Investment and Other Revenue
Net Securities Gains
Income from Consolidated Investment Management Funds
Income from Consolidated Investment Management Funds
Net Securities Gains
Total Revenues	19,748	18,619	17,697	16,377	15,931	15,808	16,462	16,392	15,543	15,237	15,194
Total Revenues %Chg	8.9%	5.2%	8.1%	2.8%	0.8%	-4%	0.4%	5.5%	2%	0.3%	-34.3%
Total Revenue
Cost of Sales	7,714	7,628	7,570	7,285	6,842	6,426	6,513	6,595	6,447	5,978	6,107
Sub-Custodian and Clearing
Sub-Custodian
Staff
Gross Profit	12,034	10,991	10,127	9,092	9,089	9,382	9,949	9,797	9,096	9,259	9,087
Gross Profit Margin	60.9%	59%	57.2%	55.5%	57.1%	59.3%	60.4%	59.8%	58.5%	60.8%	59.8%
Selling, General & Administrative Expenses	2,821	2,664	2,710	2,852	2,681	2,644	2,549	2,798	2,677	2,741	3,058
Professional, Legal and Other Purchased Services
Net Occupancy
Business Development
Other
Depreciation & Amortization Expenses	2,149	2,012	1,874	1,724	1,560	1,474	1,339	1,242	1,194	1,131	1,168
Software and Equipment
Amortization of Intangible Assets
Other Operating Expenses	379	467	1,260	1,188	200	796	474	566	619	671	655
Provision for Credit Losses
Distribution and Servicing
Bank Assessment Charges
Goodwill Impairment
Merger and Integration, Litigation and Restructuring Charges
Interest of Investment Management Fund Note Holders
Operating Profit	6,685	5,848	4,283	3,328	4,648	4,468	5,587	5,191	4,606	4,716	4,206
Operating Margin	33.9%	31.4%	24.2%	20.3%	29.2%	28.3%	33.9%	31.7%	29.6%	31%	27.7%
Income Before Provision for Income Taxes	6,685	5,848	4,283	3,328	4,648	4,468	5,587	5,192	4,610	4,725	4,235
Income Before Income Taxes
Provision for Income Taxes	1,414	1,305	979	768	877	842	1,120	938	496	1,177	1,013
Provision for Income Taxes
Consolidated Net Income	5,271	4,543	3,304	2,560	3,771	3,626	4,467	4,254	4,114	3,548	3,222
Net Income
Net Income Attributable to Minority Interests and Other	28	13	2	-13	12	9	26	-12	24	53	107
Net Income Attributable to Noncontrolling Interests Related to Consolidated Investment Management Funds
Net (Income) Loss Attributable to Noncontrolling Interests
Less: Earnings Allocated to Participating Securities
Net Income Attributable to Preferred Dividends	234	194	235	211	207	194	169	169	175	122	105
Preferred Stock Dividends
Net Income Attributable to Common Shareholders	5,009	4,336	3,067	2,362	3,552	3,423	4,272	4,097	3,915	10,223	9,116
Net Income Applicable to Common Shareholders
Net Income Applicable to Common Shareholders
Net Income Applicable to Common Shareholders After Required Adjustment for the Calculation of Basic and Diluted Earnings per Common Share
Net Income Applicable to Common Shareholders
Basic EPS	7	5.8	3.9	2.9	4.2	3.8	4.5	4.1	2.5	3.2	2.7
Diluted EPS	6.9	5.8	3.9	2.9	4.1	3.8	4.5	4	2.5	3.2	2.7
Basic Weighted Average Shares Outstanding	717	742.6	784.1	811.1	851.9	890.8	939.6	1,002.9	1,033	1,066.3	1,111
Total Shares Outstanding	697.3	717.7	759.3	808.4	804.1	886.8	900.7	960.4	1,013.4	1,047.5	1,085.3
Diluted Weighted Average Shares Outstanding	723.5	748.1	787.8	814.8	856.4	892.5	943.1	1,007.1	1,044	1,072	1,127
EBITDA	6,685	5,848	4,283	3,328	4,648	4,468	5,587	5,191	4,606	4,716	4,206
Effective Tax Rate	21.2%	22.3%	22.9%	23.1%	18.9%	18.8%	20%	18.1%	10.8%	24.9%	23.9%