$BNY-PK
Bank of New York Mellon Corp
CIK:0001390777|SEC Filings
Consolidated Statement of Cash Flows (unaudited) - USD ($) $ in Millions |
6 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Operating activities | ||
| Net income | $ 3,422 | $ 2,657 |
| Net (income) loss attributable to noncontrolling interests | (29) | (14) |
| Net income applicable to shareholders of The Bank of New York Mellon Corporation | 3,393 | 2,643 |
| Adjustments to reconcile net income to net cash provided by (used for) operating activities: | ||
| Provision for credit losses | (15) | 1 |
| Pension plan contributions | (2) | (1) |
| Depreciation and amortization | 813 | 872 |
| Deferred tax expense (benefit) | (81) | 203 |
| Net investment securities losses | 75 | 35 |
| Change in trading assets and liabilities | (3,527) | 2,633 |
| Change in accruals and other, net | (1,207) | (3,777) |
| Net cash provided by (used for) operating activities | (551) | 2,609 |
| Investing activities | ||
| Interest-bearing deposits with banks | (965) | (576) |
| Interest-bearing deposits with the Federal Reserve and other central banks | (24,011) | (42,122) |
| Federal funds sold and securities purchased under resale agreements | (4,049) | (4,377) |
| Purchases | (5,135) | (2,394) |
| Proceeds from paydowns and maturities | 5,268 | 3,383 |
| Purchases | (19,421) | (18,730) |
| Proceeds from sales | 5,939 | 5,119 |
| Proceeds from paydowns and maturities | 7,217 | 7,517 |
| Net change in loans | (8,204) | (1,366) |
| Purchases of premises and equipment/capitalized software | (1,104) | (679) |
| Other, net | (1,047) | (325) |
| Net cash provided by (used for) investing activities | (45,512) | (54,550) |
| Financing activities | ||
| Deposits | 39,890 | 49,282 |
| Federal funds purchased and securities sold under repurchase agreements | 7,130 | 1,353 |
| Payables to customers and broker-dealers | 3,862 | 1,200 |
| Commercial paper | 2,813 | 2,061 |
| Other borrowed funds | 40 | 45 |
| Net proceeds from the issuance of long-term debt | 3,043 | 5,737 |
| Repayments, redemptions and repurchases of long-term debt | (4,203) | (3,859) |
| Issuance of common stock | 10 | 9 |
| Treasury stock acquired | (2,086) | (1,641) |
| Issuance of preferred stock | 495 | 988 |
| Preferred stock redemption | (583) | 0 |
| Cash dividends paid | (887) | (792) |
| Other, net | (3) | 22 |
| Net cash provided by (used for) financing activities | 49,521 | 54,405 |
| Effect of exchange rate changes on cash | (33) | 273 |
| Change in cash and due from banks and restricted cash | ||
| Change in cash and due from banks and restricted cash | 3,425 | 2,737 |
| Cash and due from banks and restricted cash at beginning of period | 7,959 | 5,577 |
| Cash and due from banks and restricted cash at end of period | 11,384 | 8,314 |
| Cash and due from banks at end of period (unrestricted cash) | 7,483 | 5,699 |
| Restricted cash at end of period | 3,901 | 2,615 |
| Cash and due from banks and restricted cash at end of period | 11,384 | 8,314 |
| Supplemental disclosures | ||
| Interest paid | 9,004 | 10,275 |
| Income taxes paid | 626 | 702 |
| Income taxes refunded | $ 266 | $ 11 |
Consolidated Balance Sheet (unaudited) - USD ($) $ in Millions |
Jun. 30, 2026 |
Dec. 31, 2025 |
|||
|---|---|---|---|---|---|
| Assets | |||||
| Cash and due from banks, net of allowance for credit losses of $21 and $19 | $ 7,483 | $ 5,111 | |||
| Interest-bearing deposits with the Federal Reserve and other central banks | 139,400 | 116,009 | |||
| Interest-bearing deposits with banks, net of allowance for credit losses of $3 and $3 (includes restricted of $3,901 and $2,848) | 12,276 | 10,397 | |||
| Federal funds sold and securities purchased under resale agreements | 48,937 | 44,892 | |||
| Investment securities: | |||||
| Held-to-maturity, at amortized cost, net of allowance for credit losses of less than $1 and less than $1 (fair value of $45,317 and $45,377) | 48,256 | 48,094 | |||
| Available-for-sale, at fair value (amortized cost of $108,103 and $102,422, net of allowance for credit losses of $— and $—) | 107,400 | 102,106 | |||
| Total investment securities | 155,656 | 150,200 | |||
| Trading assets | 16,836 | 14,276 | |||
| Loans | 88,741 | 80,615 | |||
| Allowance for credit losses | (222) | (245) | |||
| Net loans | 88,519 | 80,370 | |||
| Premises and equipment | 3,910 | 3,581 | |||
| Accrued interest receivable | 1,473 | 1,435 | |||
| Goodwill | 16,731 | 16,767 | |||
| Intangible assets | 2,800 | 2,822 | |||
| Other assets, net of allowance for credit losses on accounts receivable of $3 and $3 (includes $2,125 and $1,666, at fair value) | 30,998 | 26,440 | |||
| Total assets | 525,019 | 472,300 | |||
| Deposits: | |||||
| Noninterest-bearing deposits (principally U.S. offices) | 86,309 | 59,979 | |||
| Interest-bearing deposits in U.S. offices | 178,876 | 169,125 | |||
| Interest-bearing deposits in non-U.S. offices | 105,356 | 102,790 | |||
| Total deposits | 370,541 | 331,894 | |||
| Federal funds purchased and securities sold under repurchase agreements | 26,114 | 18,992 | |||
| Trading liabilities | 5,299 | 6,135 | |||
| Payables to customers and broker-dealers | 25,734 | 21,872 | |||
| Commercial paper | 4,816 | 2,003 | |||
| Other borrowed funds | 401 | 422 | |||
| Accrued taxes and other expenses | 4,906 | 5,544 | |||
| Other liabilities (including allowance for credit losses on lending-related commitments of $90 and $74, also includes $662 and $617, at fair value) | 11,492 | 8,757 | |||
| Long-term debt | 30,368 | 31,873 | |||
| Total liabilities | 479,671 | 427,492 | |||
| Temporary equity | |||||
| Redeemable noncontrolling interests | 84 | 87 | |||
| Permanent equity | |||||
| Preferred stock – par value $0.01 per share; authorized 100,000,000 shares; issued 48,001 and 48,826 shares | 4,754 | 4,836 | |||
| Common stock – par value $0.01 per share; authorized 3,500,000,000 shares; issued 1,423,508,028 and 1,416,966,905 shares | 14 | 14 | |||
| Additional paid-in capital | 30,348 | 29,907 | |||
| Retained earnings | 48,907 | 46,396 | |||
| Accumulated other comprehensive loss, net of tax | (3,455) | (3,035) | |||
| Less: Treasury stock of 745,003,886 and 728,730,568 common shares, at cost | (35,904) | (33,805) | |||
| Total The Bank of New York Mellon Corporation shareholders’ equity | 44,664 | 44,313 | |||
| Nonredeemable noncontrolling interests of consolidated investment management funds | 600 | 408 | |||
| Total permanent equity | 45,264 | [1] | 44,721 | ||
| Total liabilities, temporary equity and permanent equity | $ 525,019 | $ 472,300 | |||
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