The Bank of New York Mellon Corporation(NYSE:BK) 
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through three segments: Investment Services, Investment and Wealth Management, and Other. The Investment Service segment offers custody, trust an...
Website: http://www.bnymellon.com
Founded: 2007
Full Time Employees: 48,600
Sector: Financial Services
Industry: Asset Management
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-03-31 |
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fee and other revenue | ||||||||||||||
investment services fees | 2,652,000,000 | 2,585,000,000 | 2,583,000,000 | 2,411,000,000 | 2,359,000,000 | 2,278,000,000 | 2,230,000,000 | 2,119,000,000 | 2,157,000,000 | 2,206,000,000 | 1,993,000,000 | |||
investment management and performance fees | 785,000,000 | 782,000,000 | 758,000,000 | 739,000,000 | 761,000,000 | 776,000,000 | 777,000,000 | 776,000,000 | 800,000,000 | 833,000,000 | 883,000,000 | 890,000,000 | ||
foreign exchange revenue | 232,000,000 | 166,000,000 | 213,000,000 | 156,000,000 | 184,000,000 | 152,000,000 | 154,000,000 | 176,000,000 | 203,000,000 | 222,000,000 | 207,000,000 | 231,000,000 | ||
financing-related fees | 62,000,000 | 67,000,000 | 51,000,000 | 60,000,000 | 53,000,000 | 57,000,000 | 45,000,000 | 52,000,000 | 43,000,000 | 44,000,000 | 45,000,000 | 51,000,000 | ||
distribution and servicing fees | 37,000,000 | 37,000,000 | 36,000,000 | 37,000,000 | 41,000,000 | 42,000,000 | 39,000,000 | 33,000,000 | 33,000,000 | 34,000,000 | 30,000,000 | |||
total fee revenue | 3,768,000,000 | 3,637,000,000 | 3,641,000,000 | 3,403,000,000 | 3,398,000,000 | 3,305,000,000 | 3,245,000,000 | 3,156,000,000 | 3,236,000,000 | 3,339,000,000 | 3,158,000,000 | 3,257,000,000 | ||
investment and other revenue | 271,000,000 | 208,000,000 | 184,000,000 | 230,000,000 | 169,000,000 | 182,000,000 | 113,000,000 | 79,000,000 | 117,000,000 | 91,000,000 | 70,000,000 | |||
total fee and other revenue | 4,039,000,000 | 3,845,000,000 | 3,825,000,000 | 3,633,000,000 | 3,567,000,000 | 3,487,000,000 | 3,358,000,000 | 3,235,000,000 | 3,353,000,000 | 3,430,000,000 | 3,228,000,000 | 3,266,000,000 | ||
net interest income | 1,370,000,000 | 1,236,000,000 | 1,203,000,000 | 1,159,000,000 | 1,030,000,000 | 1,040,000,000 | ||||||||
interest income | 5,824,000,000 | 6,594,000,000 | 6,602,000,000 | 6,123,000,000 | 6,392,000,000 | 6,096,000,000 | ||||||||
interest expense | 4,454,000,000 | 5,358,000,000 | 5,399,000,000 | 4,964,000,000 | 5,362,000,000 | 5,056,000,000 | 4,503,000,000 | 2,814,000,000 | 1,058,000,000 | 335,000,000 | 80,000,000 | 83,000,000 | ||
total revenue | 5,409,000,000 | 5,081,000,000 | 5,028,000,000 | 4,792,000,000 | 4,597,000,000 | 4,527,000,000 | 4,374,000,000 | 4,363,000,000 | 4,279,000,000 | 4,254,000,000 | 3,926,000,000 | 3,921,000,000 | ||
yoy | 10.53% | 11.07% | 9.56% | 7.43% | 6.42% | 11.41% | 9.13% | |||||||
qoq | 6.46% | 1.05% | 4.92% | 1.55% | 3.50% | 0.25% | 1.96% | 0.59% | 8.35% | |||||
provision for credit losses | -7,000,000 | -7,000,000 | -17,000,000 | 18,000,000 | 27,000,000 | 3,000,000 | -30,000,000 | 47,000,000 | 2,000,000 | -83,000,000 | ||||
noninterest expense | ||||||||||||||
staff | 1,888,000,000 | 1,745,000,000 | 1,768,000,000 | 1,834,000,000 | 1,720,000,000 | 1,857,000,000 | 1,755,000,000 | 1,791,000,000 | 1,673,000,000 | 1,623,000,000 | 1,702,000,000 | 1,602,000,000 | ||
software and equipment | 556,000,000 | 542,000,000 | 527,000,000 | 513,000,000 | 476,000,000 | 475,000,000 | 452,000,000 | 429,000,000 | 421,000,000 | 405,000,000 | 399,000,000 | 362,000,000 | ||
professional, legal and other purchased services | 388,000,000 | 404,000,000 | 388,000,000 | 366,000,000 | 374,000,000 | 349,000,000 | 368,000,000 | 375,000,000 | 363,000,000 | 379,000,000 | 370,000,000 | 343,000,000 | ||
sub-custodian and clearing | 151,000,000 | 141,000,000 | 150,000,000 | 131,000,000 | 134,000,000 | 119,000,000 | 121,000,000 | 118,000,000 | 124,000,000 | 131,000,000 | 118,000,000 | 124,000,000 | ||
net occupancy | 123,000,000 | 140,000,000 | 132,000,000 | 136,000,000 | 134,000,000 | 124,000,000 | 140,000,000 | 119,000,000 | 124,000,000 | 125,000,000 | 122,000,000 | 123,000,000 | ||
distribution and servicing | 73,000,000 | 68,000,000 | 63,000,000 | 65,000,000 | 88,000,000 | 96,000,000 | 87,000,000 | 85,000,000 | 88,000,000 | 90,000,000 | 79,000,000 | 29,000,000 | ||
business development | 50,000,000 | 45,000,000 | 53,000,000 | 48,000,000 | 50,000,000 | 36,000,000 | 36,000,000 | 39,000,000 | 34,000,000 | 43,000,000 | 30,000,000 | 19,000,000 | ||
bank assessment charges | 24,000,000 | 6,000,000 | 22,000,000 | 38,000,000 | -7,000,000 | 17,000,000 | 37,000,000 | 40,000,000 | 35,000,000 | 37,000,000 | 35,000,000 | 34,000,000 | ||
amortization of intangible assets | 9,000,000 | 12,000,000 | 11,000,000 | 11,000,000 | 13,000,000 | 12,000,000 | 15,000,000 | 14,000,000 | 17,000,000 | 17,000,000 | 17,000,000 | 24,000,000 | ||
other | 138,000,000 | 133,000,000 | 92,000,000 | 110,000,000 | 88,000,000 | 91,000,000 | 78,000,000 | 90,000,000 | 120,000,000 | 262,000,000 | 134,000,000 | 146,000,000 | ||
total noninterest expense | 3,400,000,000 | 3,236,000,000 | 3,206,000,000 | 3,252,000,000 | 3,070,000,000 | 3,176,000,000 | 3,089,000,000 | 3,100,000,000 | 3,679,000,000 | 3,112,000,000 | 3,006,000,000 | 2,851,000,000 | ||
income | ||||||||||||||
income before income taxes | 2,016,000,000 | 1,852,000,000 | 1,839,000,000 | 1,522,000,000 | 1,527,000,000 | 1,324,000,000 | 1,282,000,000 | 1,236,000,000 | 630,000,000 | 1,095,000,000 | 918,000,000 | 1,153,000,000 | ||
provision for income taxes | 386,000,000 | 395,000,000 | 404,000,000 | 300,000,000 | 357,000,000 | 297,000,000 | 241,000,000 | 242,000,000 | 231,000,000 | 153,000,000 | 221,000,000 | |||
net income | 1,630,000,000 | 1,457,000,000 | 1,435,000,000 | 1,222,000,000 | 1,170,000,000 | 1,027,000,000 | 1,041,000,000 | 976,000,000 | 388,000,000 | 864,000,000 | 765,000,000 | 932,000,000 | ||
yoy | 24.53% | 39.73% | 17.39% | 201.55% | 18.87% | 36.08% | -58.37% | |||||||
qoq | 11.87% | 1.53% | 17.43% | 13.92% | -1.34% | 6.66% | 151.55% | -55.09% | 12.94% | |||||
net income margin % | 30.13% | 28.68% | 28.54% | 25.50% | NaN% | 25.45% | 22.69% | 23.80% | 22.37% | 9.07% | 20.31% | 19.49% | NaN% | 23.77% |
net loss attributable to noncontrolling interests related to consolidated investment management funds | 2,000,000 | -2,000,000 | -3,000,000 | 5,000,000 | 8,000,000 | -5,000,000 | ||||||||
net income applicable to shareholders of the bank of new york mellon corporation | 1,632,000,000 | 1,445,000,000 | 1,423,000,000 | 1,220,000,000 | 1,168,000,000 | 1,025,000,000 | 1,038,000,000 | 976,000,000 | 388,000,000 | 869,000,000 | 773,000,000 | 927,000,000 | ||
preferred stock dividends | -70,000,000 | -106,000,000 | -32,000,000 | -71,000,000 | -25,000,000 | -72,000,000 | -82,000,000 | -71,000,000 | -69,000,000 | -34,000,000 | -74,000,000 | -69,000,000 | ||
net income applicable to common shareholders of the bank of new york mellon corporation | 1,562,000,000 | 1,339,000,000 | 1,391,000,000 | 1,149,000,000 | 1,143,000,000 | 953,000,000 | 956,000,000 | 905,000,000 | 319,000,000 | 835,000,000 | 699,000,000 | 858,000,000 | ||
average common shares and equivalents outstanding: | ||||||||||||||
basic | 691,178,000,000 | 705,873,000,000 | 714,799,000,000 | 720,951,000,000 | ||||||||||
common stock equivalents | 6,986,000,000 | 6,981,000,000 | 5,208,000,000 | 6,447,000,000 | ||||||||||
diluted | 698,164,000,000 | 712,854,000,000 | 720,007,000,000 | 727,398,000,000 | ||||||||||
anti-dilutive securities | 978,000,000 | 159,000,000 | 745,000,000 | 662,000,000 | ||||||||||
earnings per share applicable to common shareholders: | ||||||||||||||
basic | 2.26 | 1.9 | 1.95 | 1.59 | ||||||||||
diluted | 2.24 | 1.88 | 1.93 | 1.58 | ||||||||||
net (income) attributable to noncontrolling interests related to consolidated investment management funds | -12,000,000 | -12,000,000 | -2,000,000 | -2,000,000 | ||||||||||
net income applicable to common shareholders of the bank of new york mellon corporation used for the earnings per share calculation | ||||||||||||||
less: earnings allocated to participating securities | 1 | |||||||||||||
net income applicable to common shareholders of the bank of new york mellon corporation after required adjustment for the calculation of basic and diluted earnings per common share | 1,143 | 953 | 956 | 319 | 835 | 699 | 857 | |||||||
net interest revenue | 1,016,000,000 | 1,128,000,000 | 926,000,000 | 824,000,000 | 698,000,000 | 655,000,000 | ||||||||
interest revenue | 5,519,000,000 | 3,942,000,000 | 1,984,000,000 | 1,159,000,000 | 778,000,000 | 738,000,000 | ||||||||
goodwill impairment | 680,000,000 | |||||||||||||
benefit from credit losses | 27,000,000 | |||||||||||||
benefit from income taxes | 260,000,000 | |||||||||||||
net income attributable to noncontrolling interests related to consolidated investment management funds | ||||||||||||||
investment services fees: | ||||||||||||||
asset servicing fees | 1,199,000,000 | |||||||||||||
clearing services fees | 455,000,000 | |||||||||||||
issuer services fees | 245,000,000 | |||||||||||||
treasury services fees | 157,000,000 | |||||||||||||
total investment services fees | 2,056,000,000 | |||||||||||||
investment and other income | 9,000,000 | |||||||||||||
net securities gains | ||||||||||||||
total other revenue | 9,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-03-31 | 2020-09-30 | 2020-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||
cash and due from banks, net of allowance for credit losses of 28 and 23 | 5,055,000,000 | 5,699,000,000 | ||||||||||||||
interest-bearing deposits with the federal reserve and other central banks | 106,368,000,000 | 135,602,000,000 | 102,303,000,000 | 102,231,000,000 | 102,257,000,000 | 119,197,000,000 | 107,419,000,000 | 118,908,000,000 | 117,042,000,000 | 107,427,000,000 | 125,372,000,000 | 135,691,000,000 | 126,959,000,000 | 125,524,000,000 | 106,185,000,000 | |
interest-bearing deposits with banks, net of allowance for credit losses of 2 and 1 | 11,027,000,000 | |||||||||||||||
federal funds sold and securities purchased under resale agreements | 41,863,000,000 | 45,547,000,000 | 41,316,000,000 | 36,164,000,000 | 29,013,000,000 | 29,661,000,000 | 26,299,000,000 | 35,378,000,000 | 26,894,000,000 | 23,483,000,000 | 22,940,000,000 | 27,131,000,000 | 28,497,000,000 | 28,263,000,000 | 29,647,000,000 | |
securities: | ||||||||||||||||
held-to-maturity, at amortized cost, net of allowance for credit losses of less than 1 and less than 1 | 49,539,000,000 | 48,397,000,000 | 48,493,000,000 | 53,162,000,000 | 57,257,000,000 | 56,267,000,000 | 48,032,000,000 | |||||||||
available-for-sale, at fair value | 99,989,000,000 | 98,671,000,000 | 96,892,000,000 | 96,929,000,000 | 90,505,000,000 | 77,218,000,000 | 81,071,000,000 | 84,117,000,000 | 86,924,000,000 | 91,278,000,000 | 92,794,000,000 | 101,007,000,000 | 107,812,000,000 | 109,243,000,000 | ||
total securities | 149,528,000,000 | 147,068,000,000 | 145,385,000,000 | 141,876,000,000 | 142,870,000,000 | 138,909,000,000 | 128,225,000,000 | 134,233,000,000 | 138,678,000,000 | 144,181,000,000 | 150,844,000,000 | 153,396,000,000 | 157,274,000,000 | 155,844,000,000 | 155,339,000,000 | |
trading assets | 13,625,000,000 | 12,610,000,000 | 11,978,000,000 | 12,459,000,000 | 10,078,000,000 | 10,699,000,000 | 10,562,000,000 | 9,024,000,000 | 12,650,000,000 | 10,759,000,000 | 14,703,000,000 | 17,854,000,000 | 16,884,000,000 | 13,074,000,000 | ||
loans | 75,195,000,000 | 73,096,000,000 | 71,404,000,000 | 69,451,000,000 | 68,283,000,000 | 73,615,000,000 | 66,290,000,000 | 64,469,000,000 | 62,323,000,000 | 69,829,000,000 | 69,347,000,000 | 68,052,000,000 | 64,328,000,000 | 60,732,000,000 | 55,491,000,000 | |
allowance for credit losses | -272,000,000 | -275,000,000 | -295,000,000 | -296,000,000 | -322,000,000 | -211,000,000 | -191,000,000 | -170,000,000 | -164,000,000 | -181,000,000 | -171,000,000 | -233,000,000 | -327,000,000 | -325,000,000 | ||
net loans | 74,923,000,000 | 72,821,000,000 | 71,109,000,000 | 69,155,000,000 | 73,293,000,000 | 66,079,000,000 | 64,278,000,000 | 62,153,000,000 | 69,665,000,000 | 69,166,000,000 | 67,881,000,000 | 64,095,000,000 | 60,405,000,000 | 55,166,000,000 | ||
premises and equipment | 3,549,000,000 | 3,289,000,000 | 3,257,000,000 | 3,380,000,000 | 3,136,000,000 | 3,234,000,000 | 3,241,000,000 | 3,248,000,000 | 3,311,000,000 | 3,354,000,000 | 3,359,000,000 | 3,422,000,000 | 3,521,000,000 | 3,617,000,000 | ||
accrued interest receivable | 1,426,000,000 | 1,348,000,000 | 1,302,000,000 | 1,319,000,000 | 1,343,000,000 | 1,141,000,000 | 963,000,000 | 978,000,000 | 723,000,000 | 548,000,000 | 467,000,000 | 464,000,000 | 485,000,000 | 489,000,000 | ||
goodwill | 16,773,000,000 | 16,823,000,000 | 16,661,000,000 | 16,338,000,000 | 16,228,000,000 | 16,159,000,000 | 16,246,000,000 | 16,192,000,000 | 16,412,000,000 | 17,271,000,000 | 17,462,000,000 | 17,420,000,000 | 17,469,000,000 | 17,357,000,000 | ||
intangible assets | 2,834,000,000 | 2,849,000,000 | 2,846,000,000 | 2,824,000,000 | 2,839,000,000 | 2,859,000,000 | 2,881,000,000 | 2,890,000,000 | 2,902,000,000 | 2,934,000,000 | 2,968,000,000 | 2,941,000,000 | 2,983,000,000 | 3,026,000,000 | ||
other assets, net of allowance for credit losses on accounts receivable of 3 and 2 | 28,341,000,000 | 30,056,000,000 | 27,235,000,000 | |||||||||||||
total assets | 455,312,000,000 | 485,781,000,000 | 440,691,000,000 | 427,461,000,000 | 412,499,000,000 | 434,728,000,000 | 405,248,000,000 | 430,382,000,000 | 425,112,000,000 | 427,953,000,000 | 452,621,000,000 | 473,811,000,000 | 470,533,000,000 | 464,984,000,000 | 428,398,000,000 | |
liabilities | ||||||||||||||||
deposits: | ||||||||||||||||
noninterest-bearing deposits | 59,647,000,000 | 67,724,000,000 | 51,496,000,000 | 61,497,000,000 | 63,405,000,000 | |||||||||||
interest-bearing deposits in u.s. offices | 151,753,000,000 | 173,384,000,000 | 154,517,000,000 | 135,359,000,000 | 151,540,000,000 | 132,245,000,000 | 131,187,000,000 | 120,207,000,000 | 112,486,000,000 | 117,075,000,000 | 134,373,000,000 | 130,468,000,000 | 132,558,000,000 | 111,703,000,000 | ||
interest-bearing deposits in non-u.s. offices | 103,297,000,000 | 105,285,000,000 | 102,631,000,000 | 99,582,000,000 | 94,075,000,000 | 84,651,000,000 | 93,180,000,000 | 90,841,000,000 | 101,228,000,000 | 102,678,000,000 | 111,156,000,000 | 112,173,000,000 | 108,904,000,000 | 105,139,000,000 | ||
total deposits | 314,697,000,000 | 346,393,000,000 | 308,644,000,000 | 296,438,000,000 | 309,020,000,000 | 277,467,000,000 | 292,045,000,000 | 281,294,000,000 | 301,989,000,000 | 325,813,000,000 | 345,565,000,000 | 343,139,000,000 | 336,768,000,000 | 296,312,000,000 | ||
federal funds purchased and securities sold under repurchase agreements | 16,585,000,000 | 15,492,000,000 | 15,663,000,000 | 14,574,000,000 | 17,711,000,000 | 15,112,000,000 | 14,771,000,000 | 21,285,000,000 | 26,540,000,000 | 11,339,000,000 | 11,434,000,000 | 13,181,000,000 | 11,973,000,000 | 15,150,000,000 | 15,907,000,000 | |
trading liabilities | 3,499,000,000 | 6,134,000,000 | 4,580,000,000 | 4,553,000,000 | 1,689,000,000 | 3,100,000,000 | 7,358,000,000 | 6,319,000,000 | 5,705,000,000 | 7,494,000,000 | 5,595,000,000 | 5,587,000,000 | 5,152,000,000 | 4,566,000,000 | 6,084,000,000 | |
payables to customers and broker-dealers | 23,638,000,000 | 21,273,000,000 | 22,244,000,000 | 19,741,000,000 | 12,066,000,000 | 19,392,000,000 | 17,441,000,000 | 21,084,000,000 | 22,598,000,000 | 23,741,000,000 | 25,769,000,000 | 26,608,000,000 | 26,002,000,000 | 23,827,000,000 | 23,514,000,000 | |
commercial paper | 2,364,000,000 | 2,361,000,000 | 1,662,000,000 | 301,000,000 | 954,000,000 | 671,000,000 | ||||||||||
other borrowed funds | 283,000,000 | 293,000,000 | 212,000,000 | 401,000,000 | 351,000,000 | 306,000,000 | 728,000,000 | 1,371,000,000 | 2,538,000,000 | 357,000,000 | 520,000,000 | 312,000,000 | 767,000,000 | 348,000,000 | 420,000,000 | |
accrued taxes and other expenses | 4,920,000,000 | 4,634,000,000 | 4,438,000,000 | 4,395,000,000 | 5,389,000,000 | 5,011,000,000 | 4,534,000,000 | |||||||||
other liabilities | 12,678,000,000 | 11,233,000,000 | 8,756,000,000 | 10,726,000,000 | 10,245,000,000 | 11,758,000,000 | 9,553,000,000 | 10,414,000,000 | 10,001,000,000 | 9,724,000,000 | 10,626,000,000 | 8,796,000,000 | 8,656,000,000 | 8,671,000,000 | ||
long-term debt | 32,287,000,000 | 33,429,000,000 | 30,869,000,000 | 33,199,000,000 | 31,506,000,000 | 32,396,000,000 | 29,205,000,000 | 32,463,000,000 | 30,489,000,000 | 27,820,000,000 | 27,610,000,000 | 25,246,000,000 | 25,043,000,000 | 25,350,000,000 | 26,121,000,000 | |
total liabilities | 410,951,000,000 | 441,242,000,000 | 397,068,000,000 | 385,071,000,000 | 371,959,000,000 | 393,966,000,000 | 364,117,000,000 | 389,280,000,000 | 384,310,000,000 | 388,057,000,000 | 411,476,000,000 | 431,659,000,000 | 426,481,000,000 | 419,581,000,000 | 383,051,000,000 | |
temporary equity | ||||||||||||||||
redeemable noncontrolling interests | 111,000,000 | 111,000,000 | 94,000,000 | 107,000,000 | 82,000,000 | 109,000,000 | 104,000,000 | 96,000,000 | 152,000,000 | 154,000,000 | 155,000,000 | 178,000,000 | 187,000,000 | 179,000,000 | ||
permanent equity | ||||||||||||||||
preferred stock – par value 0.01 per share... | 4,836,000,000 | 5,331,000,000 | 5,331,000,000 | 4,343,000,000 | 4,343,000,000 | 4,838,000,000 | 4,838,000,000 | 4,838,000,000 | 4,838,000,000 | 4,838,000,000 | 4,838,000,000 | 4,541,000,000 | 4,541,000,000 | 4,532,000,000 | ||
common stock – par value 0.01 per share... | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | ||
additional paid-in capital | 29,795,000,000 | 29,659,000,000 | 29,535,000,000 | 29,230,000,000 | 29,055,000,000 | 28,793,000,000 | 28,726,000,000 | 28,650,000,000 | 28,374,000,000 | 28,316,000,000 | 28,258,000,000 | 28,075,000,000 | 27,928,000,000 | 27,741,000,000 | ||
retained earnings | 45,346,000,000 | 44,388,000,000 | 43,343,000,000 | 41,756,000,000 | 40,178,000,000 | 39,822,000,000 | 39,199,000,000 | 38,465,000,000 | 37,660,000,000 | 37,644,000,000 | 37,088,000,000 | 36,125,000,000 | 34,822,000,000 | 33,821,000,000 | ||
accumulated other comprehensive loss, net of tax | -3,362,000,000 | -3,549,000,000 | -4,115,000,000 | -3,867,000,000 | -4,876,000,000 | -5,805,000,000 | -5,602,000,000 | -5,543,000,000 | -6,627,000,000 | -5,307,000,000 | -3,881,000,000 | -2,003,000,000 | -1,819,000,000 | -1,359,000,000 | ||
less: treasury stock of 719,280,767 and 691,953,574 common shares, at cost | -32,750,000,000 | |||||||||||||||
total the bank of new york mellon corporation shareholders’ equity | 43,879,000,000 | 43,950,000,000 | 43,119,000,000 | 41,992,000,000 | 40,387,000,000 | 40,569,000,000 | 40,966,000,000 | 40,933,000,000 | 40,634,000,000 | 39,737,000,000 | 40,984,000,000 | 41,799,000,000 | 43,601,000,000 | 44,954,000,000 | 44,917,000,000 | |
nonredeemable noncontrolling interests of consolidated investment management funds | 371,000,000 | 478,000,000 | 410,000,000 | 291,000,000 | 111,000,000 | 56,000,000 | 65,000,000 | 72,000,000 | 7,000,000 | 7,000,000 | 198,000,000 | 273,000,000 | 262,000,000 | 251,000,000 | ||
total permanent equity | 44,250,000,000 | 44,428,000,000 | 43,529,000,000 | 42,283,000,000 | 40,680,000,000 | 41,022,000,000 | 40,998,000,000 | 40,706,000,000 | 39,744,000,000 | 40,991,000,000 | 41,997,000,000 | 43,874,000,000 | 45,216,000,000 | 45,168,000,000 | ||
total liabilities, temporary equity and permanent equity | 455,312,000,000 | 485,781,000,000 | 440,691,000,000 | 427,461,000,000 | 434,728,000,000 | 405,248,000,000 | 430,382,000,000 | 425,112,000,000 | 427,953,000,000 | 452,621,000,000 | 473,811,000,000 | 470,533,000,000 | 464,984,000,000 | 428,398,000,000 | ||
interest-bearing deposits with banks, net of allowance for credit losses of 3 and 1 | 12,069,000,000 | |||||||||||||||
less: treasury stock of 711,004,811 and 691,953,574 common shares, at cost | -31,893,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 27 and 23 | 5,354,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 1 and 1 | 11,945,000,000 | |||||||||||||||
less: treasury stock of 700,617,977 and 691,953,574 common shares, at cost | -30,989,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 26 and 18 | 6,234,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 1 and 2 | 9,354,000,000 | |||||||||||||||
held-to-maturity, at amortized cost, net of allowance for credit losses of less than 1 and 1 | 44,947,000,000 | 48,404,000,000 | ||||||||||||||
other assets, net of allowance for credit losses on accounts receivable of 3 and 3 | 26,127,000,000 | 24,103,000,000 | ||||||||||||||
accrued taxes and other incomes | 5,138,000,000 | 5,160,000,000 | 4,732,000,000 | 5,316,000,000 | 5,609,000,000 | 4,916,000,000 | 5,347,000,000 | |||||||||
less: treasury stock of 682,355,379 and 643,085,355 common shares, at cost | -29,484,000,000 | |||||||||||||||
interest-earning assets: | ||||||||||||||||
interest-bearing deposits with banks | 11,210,000,000 | |||||||||||||||
u.s. government obligations | 28,347,000,000 | |||||||||||||||
u.s. government agency obligations | 62,549,000,000 | |||||||||||||||
other securities | 46,828,000,000 | |||||||||||||||
total investment securities | 137,724,000,000 | |||||||||||||||
trading securities | 5,146,000,000 | |||||||||||||||
total interest-earning assets | 353,633,000,000 | |||||||||||||||
noninterest-earning assets | 58,866,000,000 | |||||||||||||||
liabilities and equity | ||||||||||||||||
interest-bearing liabilities: | ||||||||||||||||
interest-bearing deposits | 235,878,000,000 | |||||||||||||||
total interest-bearing liabilities | 300,155,000,000 | |||||||||||||||
total noninterest-bearing deposits | 48,965,000,000 | |||||||||||||||
other noninterest-bearing liabilities | 22,839,000,000 | |||||||||||||||
noncontrolling interests | 153,000,000 | |||||||||||||||
total liabilities and equity | 412,499,000,000 | |||||||||||||||
net interest income | 1,031,000,000 | |||||||||||||||
net interest margin | 1,150,000 | |||||||||||||||
less: tax equivalent adjustment | 1,000,000 | |||||||||||||||
net interest income – gaap | 1,030,000,000 | |||||||||||||||
net interest margin – gaap | 1,150,000 | |||||||||||||||
average balances and interest rates | ||||||||||||||||
cash and due from banks, net of allowance for credit losses of 30 and 18 | 5,305,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 3 and 2 | 10,636,000,000 | 18,268,000,000 | ||||||||||||||
less: treasury stock of 660,953,934 and 643,085,355 common shares, at cost | -28,145,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 23 and 29 | 4,904,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 2 and 4 | 12,999,000,000 | |||||||||||||||
held-to-maturity, at amortized cost, net of allowance for credit losses of 1 and less than 1 | 51,007,000,000 | 54,561,000,000 | 59,566,000,000 | 60,602,000,000 | ||||||||||||
other assets, net of allowance for credit losses on accounts receivable of 3 and 4 | 25,231,000,000 | |||||||||||||||
noninterest-bearing | 60,571,000,000 | 67,678,000,000 | 70,246,000,000 | 88,275,000,000 | 106,060,000,000 | 100,036,000,000 | 100,498,000,000 | 95,306,000,000 | 79,470,000,000 | |||||||
less: treasury stock of 633,049,587 and 587,280,598 common shares, at cost | -26,696,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 33 and 29 | 5,720,000,000 | 5,564,000,000 | ||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 3 and 4 | 12,316,000,000 | |||||||||||||||
other assets, net of allowance for credit losses on accounts receivable of 4 and 4 | 25,656,000,000 | 27,609,000,000 | 24,798,000,000 | 23,852,000,000 | ||||||||||||
less: treasury stock of 623,070,926 and 587,280,598 common shares, at cost | -26,242,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 28 and 4 | 15,114,000,000 | |||||||||||||||
other assets, net of allowance for credit losses on accounts receivable of 5 and 4 | 27,335,000,000 | 28,602,000,000 | 26,342,000,000 | |||||||||||||
less: treasury stock of 612,428,769 and 587,280,598 common shares, at cost | -25,790,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 28 and 3 | 4,707,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 2 and 2 | 13,890,000,000 | 16,639,000,000 | ||||||||||||||
less: treasury stock of 587,245,987 and 585,252,546 common shares, at cost | -24,522,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 51 and 3 | 5,185,000,000 | |||||||||||||||
less: treasury stock of 587,210,236 and 585,252,546 common shares, at cost | -24,521,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 21 and 3 | 6,143,000,000 | |||||||||||||||
less: treasury stock of 587,164,539 and 585,252,546 common shares, at cost | -24,518,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 2 and 4 | 6,752,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 2 and 3 | 20,057,000,000 | 23,763,000,000 | ||||||||||||||
less: treasury stock of 563,220,970 and 495,542,796 common shares, at cost | -23,151,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 3 and 4 | 5,991,000,000 | |||||||||||||||
less: treasury stock of 512,309,057 and 495,542,796 common shares, at cost | -20,532,000,000 | |||||||||||||||
cash and due from banks, net of allowance for credit losses of 5 at sept. 30, 2020 | 4,104,000,000 | |||||||||||||||
interest-bearing deposits with banks, net of allowance for credit losses of 4 at sept. 30, 2020 | 19,027,000,000 | |||||||||||||||
held-to-maturity, at amortized cost, net of allowance for credit losses of less than 1 at sept. 30, 2020 | 46,096,000,000 | |||||||||||||||
other assets, net of allowance for credit losses on accounts receivable of 5 at sept. 30, 2020 | 20,779,000,000 | |||||||||||||||
subtotal assets of operations | 427,810,000,000 | |||||||||||||||
assets of consolidated investment management funds, at fair value | 588,000,000 | |||||||||||||||
subtotal liabilities of operations | 383,047,000,000 | |||||||||||||||
liabilities of consolidated investment management funds, at fair value | 4,000,000 | |||||||||||||||
less: treasury stock of 495,515,086 and 473,760,338 common shares, at cost | -19,832,000,000 | |||||||||||||||
fair value of financial instruments and derivatives | 2,020,000,000 | |||||||||||||||
goodwill and other intangibles | 2,020,000,000 | |||||||||||||||
litigation and regulatory contingencies | ||||||||||||||||
country risk exposure at june 30, 2021 | ||||||||||||||||
top 10 country exposure: | ||||||||||||||||
united kingdom | 19,600,000 | |||||||||||||||
germany | 22,200,000 | |||||||||||||||
japan | 18,200,000 | |||||||||||||||
belgium | 8,600,000 | |||||||||||||||
canada | ||||||||||||||||
netherlands | 4,300,000 | |||||||||||||||
luxembourg | 1,400,000 | |||||||||||||||
china | ||||||||||||||||
ireland | 700,000 | |||||||||||||||
france | ||||||||||||||||
total top 10 country exposure | 75,000,000 | |||||||||||||||
select country exposure: | ||||||||||||||||
italy | 100,000 | |||||||||||||||
brazil | ||||||||||||||||
total select country exposure | 100,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||
net income | 1,457,000,000 | 1,435,000,000 | 1,222,000,000 | 1,189,000,000 | 1,170,000,000 | 1,027,000,000 | 1,041,000,000 | 1,068,000,000 | 976,000,000 | 388,000,000 | 864,000,000 | 765,000,000 | 943,000,000 | 1,027,000,000 | 932,000,000 |
net (income) attributable to noncontrolling interests | -12,000,000 | -12,000,000 | -2,000,000 | -7,000,000 | 8,000,000 | -5,000,000 | |||||||||
net income applicable to shareholders of the bank of new york mellon corporation | 1,445,000,000 | 1,423,000,000 | 1,220,000,000 | 1,182,000,000 | 1,168,000,000 | 1,025,000,000 | 1,038,000,000 | 1,067,000,000 | 976,000,000 | 388,000,000 | 869,000,000 | 773,000,000 | 947,000,000 | 1,022,000,000 | 927,000,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||
provision for credit losses | -7,000,000 | -17,000,000 | 18,000,000 | 27,000,000 | 47,000,000 | 2,000,000 | |||||||||
pension plan contributions | -2,000,000 | 0 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | 0 | -1,000,000 | -1,000,000 | 11,000,000 | -9,000,000 | -7,000,000 |
depreciation and amortization | 428,000,000 | 426,000,000 | 446,000,000 | 451,000,000 | 456,000,000 | 468,000,000 | 392,000,000 | 379,000,000 | 351,000,000 | 396,000,000 | 422,000,000 | 437,000,000 | 468,000,000 | 472,000,000 | 466,000,000 |
deferred tax expense | -108,000,000 | 120,000,000 | 83,000,000 | 13,000,000 | |||||||||||
net securities losses | 30,000,000 | 17,000,000 | 17,000,000 | 1,000,000 | 19,000,000 | 0 | 1,000,000 | ||||||||
change in trading assets and liabilities | -3,674,000,000 | 924,000,000 | 1,709,000,000 | -1,816,000,000 | 762,000,000 | -3,264,000,000 | 924,000,000 | -898,000,000 | 989,000,000 | 215,000,000 | 4,479,000,000 | 2,251,000,000 | -3,642,000,000 | 3,250,000,000 | -3,074,000,000 |
change in accruals and other | 824,000,000 | -714,000,000 | -3,063,000,000 | -67,000,000 | -228,000,000 | -948,000,000 | 2,739,000,000 | 567,000,000 | -553,000,000 | 1,967,000,000 | -935,000,000 | -65,000,000 | 2,336,000,000 | -1,817,000,000 | -1,678,000,000 |
net cash from operating activities | -1,064,000,000 | 2,197,000,000 | 412,000,000 | -312,000,000 | 2,129,000,000 | -2,680,000,000 | 5,040,000,000 | 1,148,000,000 | 1,792,000,000 | 3,725,000,000 | 4,990,000,000 | 3,429,000,000 | 54,000,000 | ||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
free cash flows | -1,064,000,000 | 2,197,000,000 | 412,000,000 | -312,000,000 | 2,129,000,000 | -2,680,000,000 | 5,040,000,000 | 1,148,000,000 | 1,792,000,000 | 3,725,000,000 | 4,990,000,000 | 3,429,000,000 | 54,000,000 | ||
investing activities | |||||||||||||||
change in interest-bearing deposits with banks | 961,000,000 | -118,000,000 | -458,000,000 | 1,948,000,000 | -751,000,000 | -280,000,000 | -1,691,000,000 | 2,169,000,000 | -25,000,000 | 2,898,000,000 | 2,107,000,000 | -2,068,000,000 | 919,000,000 | 3,461,000,000 | -6,385,000,000 |
change in interest-bearing deposits with the federal reserve and other central banks | 28,863,000,000 | -30,721,000,000 | -11,401,000,000 | 16,070,000,000 | 2,518,000,000 | -8,698,000,000 | 10,152,000,000 | -1,911,000,000 | -24,908,000,000 | 16,275,000,000 | 6,272,000,000 | -34,733,000,000 | -1,959,000,000 | -531,000,000 | 13,940,000,000 |
purchases of securities held-to-maturity | -1,332,000,000 | -1,132,000,000 | -1,262,000,000 | -160,000,000 | -58,000,000 | -243,000,000 | 0 | 0 | -273,000,000 | -308,000,000 | -537,000,000 | -1,299,000,000 | -2,138,000,000 | -2,024,000,000 | -3,425,000,000 |
paydowns of securities held-to-maturity | 1,249,000,000 | 1,059,000,000 | 1,285,000,000 | 1,168,000,000 | 1,075,000,000 | 965,000,000 | 1,242,000,000 | 1,235,000,000 | 1,063,000,000 | 1,727,000,000 | 1,926,000,000 | 2,198,000,000 | 2,732,000,000 | 2,900,000,000 | 2,969,000,000 |
maturities of securities held-to-maturity | 667,000,000 | 727,000,000 | 312,000,000 | 570,000,000 | 870,000,000 | 708,000,000 | 781,000,000 | 123,000,000 | 811,000,000 | 675,000,000 | 348,000,000 | 400,000,000 | 408,000,000 | 673,000,000 | 161,000,000 |
purchases of securities available-for-sale | -9,800,000,000 | -6,011,000,000 | -12,719,000,000 | -10,913,000,000 | -7,360,000,000 | -18,770,000,000 | -2,857,000,000 | -4,005,000,000 | -8,917,000,000 | -5,485,000,000 | -9,620,000,000 | -10,902,000,000 | -12,381,000,000 | -13,573,000,000 | -12,247,000,000 |
sales of securities available-for-sale | 4,502,000,000 | 3,082,000,000 | 2,037,000,000 | 1,909,000,000 | 1,398,000,000 | 1,160,000,000 | 1,502,000,000 | 1,366,000,000 | 6,581,000,000 | 2,515,000,000 | 2,473,000,000 | 6,315,000,000 | 1,222,000,000 | 4,415,000,000 | 3,209,000,000 |
paydowns of securities available-for-sale | 2,564,000,000 | 1,819,000,000 | 2,052,000,000 | 2,052,000,000 | 1,588,000,000 | 1,191,000,000 | 960,000,000 | 930,000,000 | 904,000,000 | 1,001,000,000 | 1,450,000,000 | 1,754,000,000 | 3,051,000,000 | 3,583,000,000 | 3,498,000,000 |
maturities of securities available-for-sale | 1,922,000,000 | 2,066,000,000 | 1,580,000,000 | 3,428,000,000 | 3,751,000,000 | 4,498,000,000 | 2,916,000,000 | 4,843,000,000 | 5,229,000,000 | 2,422,000,000 | 2,667,000,000 | 3,303,000,000 | 4,397,000,000 | 5,121,000,000 | 3,878,000,000 |
net change in loans | -2,123,000,000 | -1,588,000,000 | 222,000,000 | 1,228,000,000 | 2,916,000,000 | -6,777,000,000 | -1,834,000,000 | -2,123,000,000 | 3,714,000,000 | -560,000,000 | -1,460,000,000 | -497,000,000 | -806,000,000 | -2,763,000,000 | -4,254,000,000 |
change in federal funds sold and securities purchased under resale agreements | 3,686,000,000 | -4,213,000,000 | -164,000,000 | -6,434,000,000 | -69,000,000 | -766,000,000 | 9,074,000,000 | -8,477,000,000 | -2,599,000,000 | -546,000,000 | 4,154,000,000 | 2,501,000,000 | 1,214,000,000 | -1,501,000,000 | 2,630,000,000 |
purchases of premises and equipment/capitalized software | -438,000,000 | -359,000,000 | -320,000,000 | -375,000,000 | -382,000,000 | -299,000,000 | -336,000,000 | -354,000,000 | -261,000,000 | -118,000,000 | -600,000,000 | -271,000,000 | -376,000,000 | -245,000,000 | -220,000,000 |
other | 309,000,000 | -357,000,000 | 32,000,000 | -289,000,000 | -74,000,000 | 525,000,000 | 717,000,000 | -1,146,000,000 | 923,000,000 | -1,240,000,000 | 132,000,000 | -639,000,000 | -420,000,000 | -305,000,000 | 953,000,000 |
net cash (used for) investing activities | 31,030,000,000 | -35,746,000,000 | -18,804,000,000 | 10,204,000,000 | 5,427,000,000 | -26,741,000,000 | 20,631,000,000 | -7,343,000,000 | -17,752,000,000 | ||||||
financing activities | |||||||||||||||
change in deposits | -30,938,000,000 | 32,693,000,000 | 16,589,000,000 | -10,959,000,000 | -4,087,000,000 | 27,030,000,000 | -12,727,000,000 | 12,048,000,000 | 760,000,000 | -21,238,000,000 | -14,521,000,000 | 27,557,000,000 | 6,233,000,000 | 1,494,000,000 | -2,922,000,000 |
change in federal funds purchased and securities sold under repurchase agreements | 1,089,000,000 | -212,000,000 | 1,565,000,000 | -1,207,000,000 | 615,000,000 | 603,000,000 | -6,454,000,000 | -5,239,000,000 | 14,231,000,000 | -69,000,000 | -1,678,000,000 | 1,618,000,000 | -408,000,000 | -2,722,000,000 | 3,936,000,000 |
change in payables to customers and broker-dealers | 2,365,000,000 | -971,000,000 | 2,171,000,000 | 2,172,000,000 | -1,823,000,000 | 997,000,000 | -3,642,000,000 | -1,515,000,000 | -826,000,000 | -1,978,000,000 | -782,000,000 | 1,652,000,000 | 2,314,000,000 | -131,000,000 | -1,229,000,000 |
change in other borrowed funds | -8,000,000 | 67,000,000 | -22,000,000 | 106,000,000 | -20,000,000 | -160,000,000 | -644,000,000 | -1,155,000,000 | 2,141,000,000 | -145,000,000 | 239,000,000 | -441,000,000 | 325,000,000 | 102,000,000 | 5,000,000 |
change in commercial paper | 2,000,000 | 700,000,000 | 1,361,000,000 | 0 | |||||||||||
net proceeds from the issuance of long-term debt | 0 | 4,490,000,000 | 1,247,000,000 | 2,494,000,000 | -2,000,000 | 2,496,000,000 | 0 | 2,995,000,000 | 1,498,000,000 | 1,745,000,000 | 3,644,000,000 | 1,295,000,000 | 998,000,000 | 1,495,000,000 | 1,196,000,000 |
repayments, redemptions and repurchases of long-term debt | -1,250,000,000 | -2,209,000,000 | -1,650,000,000 | -900,000,000 | -1,463,000,000 | -1,150,000,000 | |||||||||
issuance of common stock | 5,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 3,000,000 | 4,000,000 | -124,000,000 | 130,000,000 | 4,000,000 | 3,000,000 | 3,000,000 |
issuance of preferred stock | 495,000,000 | 0 | 988,000,000 | ||||||||||||
treasury stock acquired | -849,000,000 | -895,000,000 | -746,000,000 | -725,000,000 | -601,000,000 | -988,000,000 | -450,000,000 | -448,000,000 | -1,256,000,000 | -1,000,000 | -3,000,000 | -118,000,000 | -2,001,000,000 | -618,000,000 | -699,000,000 |
preferred stock redemption | |||||||||||||||
common cash dividends paid | -381,000,000 | -346,000,000 | -343,000,000 | -353,000,000 | -322,000,000 | -324,000,000 | -333,000,000 | -297,000,000 | -304,000,000 | -303,000,000 | -279,000,000 | -278,000,000 | -296,000,000 | -273,000,000 | -277,000,000 |
preferred cash dividends paid | -96,000,000 | -32,000,000 | -71,000,000 | -72,000,000 | -25,000,000 | -72,000,000 | -82,000,000 | -36,000,000 | -71,000,000 | -69,000,000 | -34,000,000 | -74,000,000 | -66,000,000 | -31,000,000 | -69,000,000 |
net cash from financing activities | -30,564,000,000 | 33,305,000,000 | 21,100,000,000 | -9,424,000,000 | -7,413,000,000 | 28,433,000,000 | 5,614,000,000 | 14,413,000,000 | -23,061,000,000 | -14,538,000,000 | 30,095,000,000 | 5,626,000,000 | -1,941,000,000 | -1,520,000,000 | |
effect of exchange rate changes on cash | -72,000,000 | 147,000,000 | 126,000,000 | 38,000,000 | -18,000,000 | -142,000,000 | -8,000,000 | 170,000,000 | 41,000,000 | -35,000,000 | 324,000,000 | 38,000,000 | -40,000,000 | -8,000,000 | -33,000,000 |
change in cash and due from banks and restricted cash | -670,000,000 | -97,000,000 | 2,834,000,000 | 506,000,000 | 125,000,000 | -1,130,000,000 | -1,624,000,000 | -411,000,000 | -1,506,000,000 | -26,000,000 | 82,000,000 | -339,000,000 | 1,482,000,000 | 101,000,000 | -49,000,000 |
cash and due from banks and restricted cash at beginning of period | 0 | 0 | 5,577,000,000 | 0 | 0 | 8,342,000,000 | 0 | 0 | 11,529,000,000 | 0 | 0 | 9,883,000,000 | 0 | 0 | 9,419,000,000 |
cash and due from banks and restricted cash at end of period | -670,000,000 | -97,000,000 | 8,411,000,000 | 506,000,000 | 125,000,000 | 7,212,000,000 | -1,624,000,000 | -411,000,000 | 10,023,000,000 | -26,000,000 | 82,000,000 | 9,544,000,000 | 1,482,000,000 | 101,000,000 | 9,370,000,000 |
cash and due from banks and restricted cash | |||||||||||||||
cash and due from banks at end of period | -644,000,000 | 345,000,000 | 5,354,000,000 | 923,000,000 | 6,000,000 | 5,305,000,000 | -816,000,000 | 156,000,000 | 5,564,000,000 | -478,000,000 | -958,000,000 | 6,143,000,000 | 1,598,000,000 | -837,000,000 | 5,991,000,000 |
restricted cash at end of period | -26,000,000 | -442,000,000 | 3,057,000,000 | -417,000,000 | 119,000,000 | 1,907,000,000 | -808,000,000 | -567,000,000 | 4,459,000,000 | 452,000,000 | 1,040,000,000 | 3,401,000,000 | -116,000,000 | 938,000,000 | 3,379,000,000 |
supplemental disclosures | |||||||||||||||
interest paid | 5,307,000,000 | 5,362,000,000 | 4,913,000,000 | 5,614,000,000 | 5,421,000,000 | 4,955,000,000 | 4,505,000,000 | 4,020,000,000 | 2,671,000,000 | 981,000,000 | 267,000,000 | 107,000,000 | 81,000,000 | 19,000,000 | 126,000,000 |
income taxes paid | 196,000,000 | 488,000,000 | 214,000,000 | 280,000,000 | 508,000,000 | 132,000,000 | 250,000,000 | 243,000,000 | 160,000,000 | 57,000,000 | 137,000,000 | 125,000,000 | 110,000,000 | 144,000,000 | 122,000,000 |
income taxes refunded | 7,000,000 | 2,000,000 | 9,000,000 | 3,000,000 | 5,000,000 | 12,000,000 | 5,000,000 | 6,000,000 | 2,000,000 | -31,000,000 | 33,000,000 | 5,000,000 | 26,000,000 | 6,000,000 | 4,000,000 |
benefit from credit losses | 23,000,000 | 3,000,000 | 5,000,000 | 27,000,000 | -45,000,000 | -86,000,000 | -83,000,000 | ||||||||
deferred tax | 2,000,000 | 110,000,000 | 109,000,000 | 36,000,000 | -19,000,000 | -1,000,000 | 275,000,000 | ||||||||
net change in seed capital investments | 2,000,000 | 5,000,000 | 45,000,000 | 5,000,000 | 7,000,000 | 6,000,000 | 38,000,000 | -6,000,000 | -8,000,000 | -28,000,000 | -17,000,000 | -38,000,000 | |||
the bank of new york mellon corporation | |||||||||||||||
deferred tax (benefit) expense | |||||||||||||||
net loss attributable to noncontrolling interests | -2,000,000 | ||||||||||||||
net (income) loss attributable to noncontrolling interests | -3,000,000 | ||||||||||||||
goodwill impairment | |||||||||||||||
proceeds from the sale of premises and equipment | 0 | 0 | 45,000,000 | 7,000,000 | |||||||||||
disposition, net of cash | |||||||||||||||
proceeds from the exercise of stock options | 0 | 0 | 9,000,000 | 13,000,000 | 6,000,000 | 26,000,000 | |||||||||
net cash (used for) financing activities | |||||||||||||||
repayments of long-term debt | -753,000,000 | -1,750,000,000 | -1,000,000,000 | -1,000,000,000 | -1,250,000,000 | -1,500,000,000 | -1,250,000,000 | -1,500,000,000 | |||||||
net income attributable to noncontrolling interests | |||||||||||||||
net income (income) attributable to noncontrolling interests | |||||||||||||||
net securities | -1,000,000 | 0 | -4,000,000 | -2,000,000 | |||||||||||
sales of loans and other real estate | 0 | 0 | 1,000,000 | ||||||||||||
dispositions, net of cash | 0 | 0 | 8,000,000 | ||||||||||||
net cash from investing activities | 9,306,000,000 | -33,901,000,000 | -779,000,000 | 4,678,000,000 | |||||||||||
net cash (used for) operating activities | -3,174,000,000 |