The Bank of New York Mellon Corporation (BK) 8-K Fourth Quarter 2013 Financial Highlights

Exhibit 99.2

THE BANK OF NEW YORK MELLON CORPORATION

Financial Trends

Notes:

The following transactions/changes have impacted the reporting of our results:

In the fourth quarter of 2013, restructuring charges were recorded in the businesses. Prior to the fourth quarter of 2013, all restructuring charges were reported in the Other segment.

In the first quarter of 2013, incentive expense related to restricted stock and certain corporate overhead charges were allocated to Investment Management and Investment Services businesses which were previously included in the Other segment. All prior periods were restated to reflect these changes.

On December 31, 2011, BNY Mellon sold its Shareowner Services business. In the first quarter of 2012, we reclassified the results of the Shareowner Services business from the Investment Services business to the Other segment. The reclassification did not impact the consolidated results. All prior periods have been restated.

The following items have impacted the comparability of our results:

The fourth quarter of 2013 includes a loss related to an equity investment.

The third quarter of 2013 includes a benefit related to the U.S. Tax Court’s partial reconsideration of a tax decision disallowing certain foreign tax credits.

The second quarter of 2013 includes a gain related to an equity investment.

The first quarter of 2013 includes a tax charge related to the disallowance of certain foreign tax credits.

The second quarter of 2012 includes a charge related to the settlement of the Sigma class action lawsuit.

Expense efficiency restructuring charges - Recorded charges in 2011.

All of these items are detailed in the trends that follow.

Certain immaterial reclassifications/revisions have been made to prior periods to place them on a basis comparable with the current period’s presentation.

Average Assets:

In businesses where average deposits are greater than average loans, average assets include an allocation of investment securities equal to the difference.

Return on Common and Tangible Common Equity:

Quarterly return on common and tangible common equity ratios are annualized.

Non-GAAP Measures:

Certain Non-GAAP measures are included in the following schedules. These measures are used by management to monitor financial performance, both on a company-wide and on a business basis. These Non-GAAP measures impact certain revenue/expense categories, percentages and ratios by the exclusion and/or adjustment of items listed above and described in footnotes. For further information, see ‘Supplemental Information - Explanation of GAAP and Non-GAAP Financial Measures’ in The Bank of New York Mellon Corporation Quarterly Earnings Review dated January 17, 2014, furnished as an exhibit to the Report on Form 8-K to which these Financial Trends are furnished as an exhibit.

Summations may not equal due to rounding. As a result of this rounding convention, immaterial differences may exist between the business trends data versus business data in the Form 10-K for the year ended December 31, 2012 or other reports filed with the SEC.

Page 1 of 14

THE BANK OF NEW YORK MELLON CORPORATION

12 Quarter Trend

	2011												2012												2013
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Revenue:
Investment services fees
Asset servicing	$	917		$	973		$	922		$	885		$	943		$	950		$	942		$	945		$	969		$	988		$	964		$	984
Issuer services		351			365			442			287			251			275			311			215			237			294			322			237
Clearing services		292			292			297			278			303			309			287			294			304			321			315			324
Treasury services		134			134			133			134			136			134			138			141			141			139			137			137
Total investment services fees		1,694			1,764			1,794			1,584			1,633			1,668			1,678			1,595			1,651			1,742			1,738			1,682
Investment management and performance fees		764			779			729			730			745			797			779			853			822			848			821			904
Foreign exchange & other trading revenue		198			222			200			228			191			180			182			139			161			207			160			146
Distribution and servicing		53			49			43			42			46			46			48			52			49			45			43			43
Financing-related fees		43			49			40			38			44			37			46			45			41			44			44			43
Investment and other income		81			145			83			146			139			48			124			116			72			269			135			(60	)
Total fee revenue		2,833			3,008			2,889			2,768			2,798			2,776			2,857			2,800			2,796			3,155			2,941			2,758
Net securities gains (losses)		5			48			(2	)		(3	)		40			50			22			50			48			32			22			39
Total fee and other revenue		2,838			3,056			2,887			2,765			2,838			2,826			2,879			2,850			2,844			3,187			2,963			2,797
Income (loss) of consolidated investment management funds		110			63			32			(5	)		43			57			47			42			50			65			32			36
Net interest revenue		698			731			775			780			765			734			749			725			719			757			772			761
Total revenue		3,646			3,850			3,694			3,540			3,646			3,617			3,675			3,617			3,613			4,009			3,767			3,594
Provision for credit losses		—			—			(22	)		23			5			(19	)		(5	)		(61	)		(24	)		(19	)		2			6
Noninterest expenses		2,530			2,645			2,573			2,546			2,551			2,572			2,584			2,683			2,703			2,716			2,682			2,793
Amortization of intangible assets		108			108			106			106			96			97			95			96			86			93			81			82
Merger & integration, litigation and restructuring charges		59			63			92			176			109			378			26			46			39			13			16			2
Total noninterest expense		2,697			2,816			2,771			2,828			2,756			3,047			2,705			2,825			2,828			2,822			2,779			2,877
Income (loss) from continuing operations before taxes		949			1,034			945			689			885			589			975			853			809			1,206			986			711
Provision for income taxes		279			277			281			211			254			93			225			207			1,046			321			(2	)		155
Net income (loss) from continuing operations		670			757			664			478			631			496			750			646			(237	)		885			988			556
Net income (loss) attributable to noncontrolling interest		(45	)		(22	)		(13	)		27			(12	)		(30	)		(25	)		(11	)		(16	)		(40	)		(8	)		(17	)
Preferred stock dividends		—			—			—			—			—			—			(5	)		(13	)		(13	)		(12	)		(13	)		(26	)
Net income (loss) applicable to shareholders of The Bank of New York Mellon Corporation	$	625		$	735		$	651		$	505		$	619		$	466		$	720		$	622		$	(266	)	$	833		$	967		$	513
Earnings Per Share(a)	$	0.50		$	0.59		$	0.53		$	0.42		$	0.52		$	0.39		$	0.61		$	0.53		$	(0.23	)	$	0.71		$	0.82		$	0.44
Assets under management at period-end(in billions) (c)	$	1,229		$	1,274		$	1,198		$	1,260		$	1,308		$	1,299		$	1,359		$	1,386		$	1,429		$	1,432		$	1,532		$	1,583	(b)
Assets under custody and/or administration at period-end (in trillions) (d)(e)		N/A			N/A			N/A		$	25.1		$	25.7		$	25.2		$	26.4		$	26.3		$	26.3		$	26.2		$	27.4		$	27.6	(b)
Market value of securities on loan at period-end (in billions) (f)	$	268		$	266		$	249		$	266		$	256		$	267		$	251		$	237		$	244		$	255		$	255		$	235	(g)
Pre-tax operating margin
GAAP		26	%		27	%		26	%		19	%		24	%		16	%		27	%		24	%		22	%		30	%		26	%		20	%
Non-GAAP adjusted(h)		30	%		31	%		31	%		28	%		30	%		29	%		29	%		27	%		26	%		32	%		29	%		22	%
Return on common equity (annualized)
GAAP		7.7	%		8.8	%		7.6	%		5.9	%		7.4	%		5.5	%		8.3	%		7.1	%		N/M			9.7	%		11.2	%		5.7	%
Return on tangible common equity(annualized):
Non-GAAP		24.3	%		26.3	%		22.1	%		17.7	%		21.0	%		15.7	%		22.1	%		18.8	%		N/M			25.0	%		28.4	%		14.3	%
Percent of non-US fee and net interest revenue - GAAP		36	%		37	%		39	%		34	%		36	%		37	%		37	%		35	%		35	%		36	%		38	%		38	%
Percent of non-US fee and net interest revenue - Non-GAAP (i)		37	%		37	%		39	%		34	%		37	%		37	%		37	%		36	%		35	%		36	%		39	%		39	%

(a) The 2nd quarter 2012 includes $0.18 of litigation expense. The 1st quarter 2013 includes a $0.73 charge related to the disallowance of certain foreign tax credits. The 2nd quarter 2013 includes a $0.09 gain related to an equity investment. The 3rd quarter 2013 includes a $0.22 benefit related to U.S. Tax Court’s partial reconsideration of a tax decision. The 4th quarter 2013 includes a $0.10 loss related to an equity investment.

(b) Preliminary.

(c) Excludes assets managed in the Investment Services business.

(d) Includes the AUC/A of CIBC Mellon Global Securities Services Company (“CIBC Mellon”), a joint venture with the Canadian Imperial Bank of Commerce, of $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2012, June 30, 2012 and Sept. 30, 2012, $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2013, $1.1 trillion at June 30, 2013 and $1.2 trillion at both Sept. 30, 2013 and Dec. 31, 2013.

(e) For the first quarter 2011, second quarter 2011 and third quarter 2011, restated AUC/A not available.

(f) Represents the total amount of securities on loan managed by the Investment Services business. Excludes securities on loan relating to CIBC Mellon.

(g) Excludes securities booked on BNY Mellon beginning in the fourth quarter of 2013 resulting from the CIBC Mellon joint venture, which totaled $62 billion at December 31, 2013.

(h) Calculated excluding M&I, litigation and restructuring charges, amortization of intangible assets and net income attributable to noncontrolling interests of consolidated investment management funds.

(i) Calculated excluding net securities gains (losses) and including noncontrolling interests related to consolidated investment management funds.

Note: See pages 3 through 6 for additional details of revenue/expense items impacting continuing operations.

N/M - Not meaningful

N/A - Not available

Page 2 of 14

THE BANK OF NEW YORK MELLON CORPORATION

FEE AND OTHER REVENUE - 12 Quarter Trend

	2011												2012												2013
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Investment services fees:
Asset servicing	$	880		$	911		$	881		$	842		$	894		$	891		$	893		$	904		$	930		$	938		$	929		$	953
Securities lending		37			62			41			43			49			59			49			41			39			50			35			31
Issuer services		351			365			442			287			251			275			311			215			237			294			322			237
Memo: Issuer Services excluding Shareowner Services		292			314			400			245			251			275			311			215			237			294			322			237
Clearing services		292			292			297			278			303			309			287			294			304			321			315			324
Treasury services		134			134			133			134			136			134			138			141			141			139			137			137
Total investment services fees		1,694			1,764			1,794			1,584			1,633			1,668			1,678			1,595			1,651			1,742			1,738			1,682
Investment management and performance fees		764			779			729			730			745			797			779			853			822			848			821			904
Foreign exchange & other trading revenue		198			222			200			228			191			180			182			139			161			207			160			146
Distribution and servicing		53			49			43			42			46			46			48			52			49			45			43			43
Financing-related fees		43			49			40			38			44			37			46			45			41			44			44			43
Investment and other income		81			145			83			146			139			48			124			116			72			269			135			(60	)
Total fee revenue(a)		2,833			3,008			2,889			2,768			2,798			2,776			2,857			2,800			2,796			3,155			2,941			2,758
Net securities gains (losses)		5			48			(2	)		(3	)		40			50			22			50			48			32			22			39
Total fee and other revenue - Non-GAAP		2,838			3,056			2,887			2,765			2,838			2,826			2,879			2,850			2,844			3,187			2,963			2,797
Less: Fee and Other revenue related to Shareowner Services		62			54			44			142			—			(3	)		—			—			—			—			—			—
Total fee and other revenue ex Shareowner Services - Non-GAAP	$	2,776		$	3,002		$	2,843		$	2,623		$	2,838		$	2,829		$	2,879		$	2,850		$	2,844		$	3,187		$	2,963		$	2,797
Fee and other revenue as a percentage of total revenue - Non-GAAP(b)		78	%		79	%		78	%		78	%		78	%		78	%		78	%		78	%		78	%		79	%		79	%		78	%
Assets under management at period-end (in billions) (d)	$	1,229		$	1,274		$	1,198		$	1,260		$	1,308		$	1,299		$	1,359		$	1,386		$	1,429		$	1,432		$	1,532		$	1,583	(c)
Assets under custody and/or administration at period-end (in trillions) (e)(f)		N/A			N/A			N/A		$	25.1		$	25.7		$	25.2		$	26.4		$	26.3		$	26.3		$	26.2		$	27.4		$	27.6	(c)
Market value of securities on loan at period-end (in billions) (g)	$	268		$	266		$	249		$	266		$	256		$	267		$	251		$	237		$	244		$	255		$	255		$	235	(h)
S&P 500 Index - period-end		1326			1321			1131			1258			1408			1362			1441			1426			1569			1606			1682			1848
S&P 500 Index - daily average		1303			1318			1225			1226			1349			1350			1401			1418			1514			1609			1675			1769

(a) The Shareowner Services business was sold on December 31, 2011.

(b) Excludes net securities gains/(losses).

(c) Preliminary.

(d) Excludes assets managed in the Investment Services business.

(e) Includes the AUC/A of CIBC Mellon Global Securities Services Company (“CIBC Mellon”), a joint venture with the Canadian Imperial Bank of Commerce, of $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2012, June 30, 2012 and Sept. 30, 2012, $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2013, $1.1 trillion at June 30, 2013 and $1.2 trillion at both Sept. 30, 2013 and Dec. 31, 2013.

(f) For the first quarter 2011, second quarter 2011 and third quarter 2011, restated AUC/A not available.

(g) Represents the total amount of securities on loan managed by the Investment Services business. Excludes securities on loan relating to CIBC Mellon.

(h) Excludes securities booked on BNY Mellon beginning in the fourth quarter of 2013 resulting from the CIBC Mellon joint venture, which totaled $62 billion at December 31, 2013.

N/A - Not available

Page 3 of 14

THE BANK OF NEW YORK MELLON CORPORATION

Average Balances and Interest Rates

	2011																								2012
	March 31st						June 30th						September 30th						December 31st						March 31st						June 30th
(dollar amounts in millions)	Average balance			Average rates			Average balance			Average rates			Average balance			Average rates			Average balance			Average rates			Average balance			Average rates			Average balance			Average rates
Assets
Interest-earning assets:
Interest-bearing deposits with banks (primarily foreign)	$	57,637			0.90	%	$	59,291			0.98	%	$	60,412			1.00	%	$	43,628			1.08	%	$	35,095			1.30	%	$	38,474			0.98	%
Interest-bearing deposits with Federal Reserve & other essential banks		20,367			0.32			34,068			0.32			61,115			0.31			72,118			0.32			63,526			0.27			57,904			0.27
Federal funds sold and securities under resale agreements		4,514			0.50			4,577			0.46			4,865			0.71			5,271			0.64			5,174			0.73			5,493			0.62
Margin loans		7,484			1.48			9,508			1.34			9,379			1.34			11,886			1.26			12,901			1.29			13,331			1.27
Non-margin loans:
Domestic offices		21,856			2.57			21,093			2.54			21,583			2.43			21,794			2.37			20,128			2.46			19,663			2.52
Foreign offices		9,226			1.44			9,727			1.53			9,527			1.52			10,556			1.54			10,180			1.77			9,998			1.86
Total non-margin loans		31,082			2.22			30,820			2.23			31,110			2.15			32,350			2.10			30,308			2.23			29,661			2.30
Securities
U.S. government obligations		12,849			1.61			14,337			1.63			14,079			1.57			18,693			1.45			17,268			1.56			15,387			1.65
U.S. government agency obligations		20,221			2.98			20,466			3.09			20,998			2.93			25,006			2.58			32,347			2.44			39,070			2.23
Obligations of states and political subdivisions		557			6.37			934			5.32			1,611			4.13			2,452			3.47			3,354			2.97			4,777			2.65
Other securities		31,770			3.43			33,045			3.25			34,175			3.30			33,830			3.19			33,839			2.84			32,625			2.51
Trading securities		3,698			2.44			2,877			2.44			2,509			2.62			2,490			2.94			2,519			2.78			3,033			2.57
Total securities		69,095			2.96			71,659			2.87			73,372			2.87			82,471			2.60			89,327			2.45			94,892			2.25
Total interest-earning assets		190,179			1.80			209,923			1.70			240,253			1.55			247,724			1.50			236,331			1.56			239,755			1.48
Allowance for credit losses		(494	)					(463	)					(437	)					(384	)					(392	)					(382	)
Cash and due from banks		4,094						4,335						5,204						4,695						4,271						4,412
Other assets		49,577						50,459						53,305						52,200						49,690						49,933
Total Asset Consol VIE FAS 167		14,342						14,226						13,138						11,839						11,444						11,284
Total Assets	$	257,698					$	278,480					$	311,463					$	316,074					$	301,344					$	305,002
Liabilities and total equity
Interest-bearing liabilities:
Money market rate accounts and demand deposit accounts	$	5,499			0.37	%	$	4,114			0.42	%	$	4,611			0.35	%	$	4,749			0.27	%	$	4,446			0.28	%	$	8,421			0.24	%
Savings		1,518			0.12			1,561			0.12			1,613			0.12			1,080			0.15			704			0.10			702			0.13
Other time deposits		32,119			0.10			34,853			0.09			35,991			0.07			36,020			0.07			33,618			0.08			33,180			0.11
Foreign offices		77,379			0.19			85,430			0.26			83,580			0.26			88,494			0.22			86,670			0.15			88,179			0.13
Total interest-bearing deposits		116,515			0.17			125,958			0.22			125,795			0.21			130,343			0.18			125,438			0.14			130,482			0.13
Federal funds purchased and securities under repurchase agreements		5,172			0.07			10,894			0.06			10,164			0.03			8,008			(0.07	)		8,584			(0.02	)		11,254			0.01
Trading Liabilities		2,764			1.86			1,524			2.35			1,911			1.25			1,225			1.62			1,153			1.55			1,256			1.87
Other borrowed funds		1,821			1.61			1,877			0.99			2,256			0.77			2,159			0.93			2,579			0.79			2,550			0.99
Payables to customers and broker-dealers		6,701			0.10			6,843			0.09			7,692			0.10			8,023			0.08			7,555			0.11			7,895			0.10
Long-term debt		17,014			1.87			17,380			1.63			18,256			1.60			19,546			1.55			20,538			1.79			20,084			1.67
Total interest-bearing liabilities		149,987			0.40			164,476			0.38			166,074			0.37			169,304			0.34	��		165,847			0.34			173,521			0.32
Total noninterest-bearing deposits		38,616						43,038						73,389						76,309						66,613						62,860
Other liabilities		22,350						23,694						25,462						25,433						24,248						23,588
VIE Liabilities & Obligations FAS 167		13,114						12,966						11,728						10,516						10,159						10,072
Total Shareholders’ Equity		32,827						33,464						34,008						33,761						33,718						34,123
Noncontrolling interest		804						842						802						752						759						838
Total liabilities and shareholders’ equity	$	257,698					$	278,480					$	311,463					$	316,074					$	301,344					$	305,002
Net interest margin - Taxable equivalent basis					1.49	%					1.41	%					1.30	%					1.27	%					1.32	%					1.25	%

Note: Interest and average rates were calculated on a taxable equivalent basis, at tax rates of approximately 35%, using dollar amounts in thousands and the actual number of days in the year.

Page 4 of 14

THE BANK OF NEW YORK MELLON CORPORATION

Average Balances and Interest Rates (continued)

	2012												2013
	September 30th						December 31st						March 31st						June 30th						September 30th						December 31st
(dollar amounts in millions)	Average balance			Average rates			Average balance			Average rates			Average balance			Average rates			Average balance			Average rates			Average balance			Average rates			Average balance			Average rates
Assets
Interest-earning assets:
Interest-bearingdepositswithbanks(primarilyforeign)	$	41,201			0.96	%	$	41,018			0.80	%	$	40,967			0.70	%	$	42,772			0.64	%	$	41,597			0.66	%	$	39,563			0.71	%
Interest-bearingdepositswithFederalReserve&otheressentialbanks		61,849			0.21			71,794			0.21			63,240			0.20			55,911			0.22			65,704			0.23			83,232			0.23
Federalfundssoldandsecuritiesunderresaleagreements		5,315			0.64			5,984			0.56			7,478			0.54			7,878			0.52			8,864			0.56			9,403			0.61
Marginloans		13,033			1.30			13,085			1.26			13,346			1.17			13,906			1.14			14,653			1.10			15,224			1.08
Non-marginloans:
Domesticoffices		18,821			2.62			20,560			2.42			21,358			2.38			21,689			2.40			21,378			2.40			22,538			2.28
Foreignoffices		10,574			1.61			9,968			1.64			11,575			1.36			12,318			1.32			12,225			1.31			13,006			1.22
Totalnon-marginloans		29,395			2.26			30,528			2.16			32,933			2.02			34,007			2.01			33,603			2.01			35,544			1.89
Securities
U.S.governmentobligations		18,917			1.39			19,915			1.39			18,814			1.54			19,887			1.62			16,540			1.76			13,418			1.96
U.S.governmentagencyobligations		41,430			1.94			41,361			1.94			42,397			1.85			47,631			1.80			45,745			2.02			43,465			2.00
Obligationsofstatesandpoliticalsubdivisions		5,933			2.57			6,154			2.52			6,194			2.38			6,377			2.26			6,518			2.47			6,757			2.76
Othersecurities		33,724			2.51			35,082			2.04			34,507			2.03			33,243			1.93			32,403			1.92			33,000			1.78
Tradingsecurities		4,431			2.40			5,294			2.54			5,878			2.40			6,869			2.33			5,523			2.83			6,173			2.82
Totalsecurities		104,435			2.06			107,806			1.90			107,790			1.91			114,007			1.86			106,729			2.02			102,813			1.97
Totalinterest-earningassets		255,228			1.40			270,215			1.27			265,754			1.26			268,481			1.27			271,150			1.28			285,779			1.21
Allowanceforcreditlosses		(361	)					(337	)					(264	)					(237	)					(212	)					(207	)
Cashandduefrombanks		4,277						4,284						4,534						5,060						6,400						6,623
Otherassets		48,775						50,439						52,137						52,620						52,549						52,434
TotalAssetConsolVIEFAS167		10,995						11,394						11,503						11,524						11,863						11,506
TotalAssets	$	318,914					$	335,995					$	333,664					$	337,448					$	341,750					$	356,135
Liabilities and total equity
Interest-bearing liabilities:
Moneymarketrateaccountsanddemanddepositaccounts	$	9,724			0.16	%	$	8,570			0.18	%	$	8,778			0.19	%	$	8,183			0.22	%	$	8,626			0.16	%	$	11,042			0.12
Savings		730			0.17			815			0.29			819			0.29			897			0.24			1,015			0.25			993			0.25
Othertimedeposits		34,193			0.07			38,085			0.06			39,091			0.05			41,706			0.04			41,546			0.04			41,523			0.04
Foreignoffices		93,613			0.10			95,249			0.09			99,040			0.08			100,433			0.07			102,360			0.07			103,462			0.06
Totalinterest-bearingdeposits		138,260			0.10			142,719			0.09			147,728			0.08			151,219			0.07			153,547			0.06			157,020			0.06
Federalfundspurchasedandsecuritiesunderrepurchaseagreements		10,092			(0.06	)		10,158			0.07			9,187			(0.12	)		9,206			(0.28	)		12,164			(0.12	)		13,155			(0.10	)
TradingLiabilities		1,397			1.87			1,943			1.41			2,552			1.35			3,036			1.40			2,325			1.69			2,534			1.42
Otherborrowedfunds		1,855			0.72			1,869			1.29			1,397			0.76			1,443			0.19			2,233			0.19			2,378			0.42
Payablestocustomersandbroker-dealers		8,141			0.10			8,532			0.09			9,019			0.09			9,073			0.08			8,659			0.09			9,400			0.09
Long-termdebt		19,535			1.66			19,259			1.46			18,878			1.18			19,002			0.94			19,025			1.00			19,501			1.05
Totalinterest-bearingliabilities		179,280			0.28			184,480			0.25			188,761			0.20			192,979			0.16			197,953			0.16			203,988			0.17
Totalnoninterest-bearingdeposits		70,230						79,987						70,337						70,648						72,075						79,999
Otherliabilities		23,712						24,458						27,416						26,772						24,380						23,546
VIELiabilities&ObligationsFAS167		9,686						10,114						10,186						10,242						10,466						10,283
TotalShareholders’Equity		34,522						36,028						35,966						35,817						35,826						37,484
Noncontrollinginterest		1,484						928						998						990						1,050						835
Totalliabilitiesandtotalequity	$	318,914					$	335,995					$	333,664					$	337,448					$	341,750					$	356,135
Netinterestmargin-Taxableequivalentbasis					1.20	%					1.09	%					1.11	%					1.15	%					1.16	%					1.09	%

Note: Interest and average rates were calculated on a taxable equivalent basis, at tax rates of approximately 35%, using dollar amounts in thousands and the actual number of days in the year.

Page 5 of 14

THE BANK OF NEW YORK MELLON CORPORATION

NONINTEREST EXPENSE - 12 Quarter Trend

	2011								2012								2013
(dollar amounts in millions)	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr
Staff:
Compensation	$	876	$	903	$	903	$	885	$	861	$	866	$	893	$	911	$	885	$	891	$	915	$	929
Incentives		325		328		328		281		352		311		306		311		338		364		339		343
Employee benefits		223		232		226		216		240		238		237		235		249		254		262		250
Total staff		1,424		1,463		1,457		1,382		1,453		1,415		1,436		1,457		1,472		1,509		1,516		1,522
Professional, legal and other purchased services		283		301		311		322		299		309		292		322		295		317		296		344
Software and equipment		206		203		193		213		205		209		208		233		228		238		226		241
Net occupancy		153		161		151		159		147		141		149		156		163		159		153		154
Business development		56		73		57		75		56		71		60		88		68		90		63		96
Sub-custodian		68		88		80		62		70		70		65		64		64		77		71		68
Other		229		247		224		237		220		254		265		255		307		215		249		258
Amortization of intangible assets		108		108		106		106		96		97		95		96		86		93		81		82
Merger & integration, litigation and restructuring charges		59		63		92		176		109		378		26		46		39		13		16		2
Total noninterest expense (a)	$	2,697	$	2,816	$	2,771	$	2,828	$	2,756	$	3,047	$	2,705	$	2,825	$	2,828	$	2,822	$	2,779	$	2,877
Memo:
Total noninterest expense excluding M&I, litigation, restructuring, amortization of intangible assets and direct expense related to Shareowner Services – Non-GAAP	$	2,484	$	2,598	$	2,536	$	2,500	$	2,551	$	2,572	$	2,584	$	2,683	$	2,703	$	2,716	$	2,682	$	2,793
Full Time Employees at period-end		48,400		48,900		49,600		48,700		47,800		48,300		48,700		49,500		49,700		49,800		50,800		51,100

(a) The Shareowner Services business was sold on December 31, 2011.

Page 6 of 14

THE BANK OF NEW YORK MELLON CORPORATION

ASSETS UNDER MANAGEMENT, CUSTODY AND/OR ADMINISTRATION AND SECURITIES LENDING - 12 Quarter Trend

	2011												2012												2013
(dollar amounts in billions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Assets under management at period-end (in billions) (a)
Institutional	$	701		$	733		$	719		$	757		$	829		$	835		$	882		$	894		$	939		$	968		$	1,041		$	1,072
Mutual Funds		451			462			406			427			404			388			398			411			405			378		$	407		$	425
Private Client		77			79			73			76			75			76			79			81			85			86		$	84		$	86
Assets under management(b)	$	1,229		$	1,274		$	1,198		$	1,260		$	1,308		$	1,299		$	1,359		$	1,386		$	1,429		$	1,432		$	1,532		$	1,583	(e)
Composition of assets under management at period-end
Equity		34	%		34	%		30	%		31	%		33	%		32	%		33	%		33	%		34	%		35	%		35	%		35	%
Fixed Income		30	%		31	%		35	%		35	%		35	%		37	%		37	%		38	%		39	%		39	%		39	%		39	%
Money Market		27	%		26	%		27	%		26	%		24	%		23	%		23	%		22	%		20	%		19	%		19	%		19	%
Alternative investments and overlay		9	%		9	%		8	%		8	%		8	%		8	%		7	%		7	%		7	%		7	%		7	%		7	%
Total AUM(b)		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%(e)
Assets under custody and/or administration at period-end(in trillions) (c)(d)		N/A			N/A			N/A		$	25.1		$	25.7		$	25.2		$	26.4		$	26.3		$	26.3		$	26.2		$	27.4		$	27.6	(e)
Market value of securities on loan at period-end(f)	$	268		$	266		$	249		$	266		$	256		$	267		$	251		$	237		$	244		$	255		$	255		$	235	(g)
Market Indices
S&P 500 Index(h)		1326			1321			1131			1258			1408			1362			1441			1426			1569			1606			1682			1848
S&P 500 Index-daily average		1303			1318			1225			1226			1349			1350			1401			1418			1514			1609			1675			1769
FTSE 100 Index(h)		5909			5946			5128			5572			5768			5571			5742			5898			6412			6215			6462			6749
FTSE 100 Index-daily average		5945			5905			5463			5424			5822			5551			5744			5844			6300			6438			6530			6612
MSCI World Index(h)		1335			1331			1104			1183			1312			1236			1312			1339			1435			1434			1544			1661
MSCI World Index-daily average		1320			1332			1217			1169			1268			1233			1274			1312			1405			1463			1511			1602
Barclays Capital Aggregate BondSM Index (h)		328			341			346			347			351			353			368			366			356			343			356			354
NYSE & NASDAQ Share Volume(in billions)		225			213			250			206			186			192			173			174			174			186			166			179
JP Morgan G7 Volatility Index - daily average(i)		11.07			11.21			12.60			12.95			10.39			10.30			8.70			7.56			9.02			9.84			9.72			8.20

(a) Excludes securities lending cash management assets.

(b) Excludes assets managed in the Investment Services business.

(c) Includes the AUC/A of CIBC Mellon Global Securities Services Company (“CIBC Mellon”), a joint venture with the Canadian Imperial Bank of Commerce, of $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2012, June 30, 2012 and Sept. 30, 2012, $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2013, $1.1 trillion at June 30, 2013 and $1.2 trillion at both Sept. 30, 2013 and Dec. 31, 2013.

(d) For the first quarter 2011, second quarter 2011 and third quarter 2011, restated AUC/A not available.

(e) Preliminary.

(f) Represents the total amount of securities on loan managed by the Investment Services business. Excludes securities on loan relating to CIBC Mellon.

(g) Excludes securities booked on BNY Mellon beginning in the fourth quarter of 2013 resulting from the CIBC Mellon joint venture, which totaled $62 billion at December 31, 2013.

(h) Period end.

(i) The JP Morgan G7 Volatility Index is based on the implied volatility in 3-month currency options.

N/A - Not available

Page 7 of 14

THE BANK OF NEW YORK MELLON CORPORATION

ASSETS UNDER MANAGEMENT NET FLOWS - 12 Quarter Trend

	2011											2012											2013
(dollar amounts in billions)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr		1st Qtr			2nd Qtr			3rd Qtr		4th Qtr			1st Qtr			2nd Qtr			3rd Qtr		4th Qtr
Assets under management at beginning of period	$	1,172		$	1,229		$	1,274		$	1,198	$	1,260		$	1,308		$	1,299	$	1,359		$	1,386		$	1,429		$	1,432	$	1,532
Net flows inflows (outflows):
Long-term		31			32			4			16		7			26			9		14			40			21			32		2
Money market		(5	)		(1	)		(15	)		7		(9	)		(14	)		9		(6	)		(13	)		(1	)		13		6
Total net inflows (outflows)		26			31			(11	)		23		(2	)		12			18		8			27			20			45		8
Net market / currency impact		31			14			(65	)		39		50			(21	)		42		19			16			(17	)		55		43
Assets under management at end of period(a)(b)	$	1,229		$	1,274		$	1,198		$	1,260	$	1,308		$	1,299		$	1,359	$	1,386		$	1,429		$	1,432		$	1,532	$	1,583	(c)

(a) Excludes securities lending cash management assets.

(b) Excludes assets managed in the Investment Services business.

(c) Preliminary.

Page 8 of 14

THE BANK OF NEW YORK MELLON CORPORATION

INVESTMENT MANAGEMENT BUSINESS - 12 Quarter Trend

	2011												2012												2013
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Revenue:
Investment management fees:
Mutual funds	$	283		$	290		$	263		$	237		$	260		$	270		$	283		$	293		$	295		$	295		$	289		$	298
Institutional clients		319			319			311			299			322			321			334			349			355			360			362			389
Wealth management fees(a)		161			161			153			153			154			156			154			157			161			165			164			149
Total investment management fees		763			770			727			689			736			747			771			799			811			820			815			836
Performance fees		17			18			11			47			16			54			10			57			15			33			10			72
Investment management and performance fees		780			788			738			736			752			801			781			856			826			853			825			908
Distribution and servicing		51			48			41			41			45			45			47			50			46			44			41			41
Other(b)		34			24			(25	)		(13	)		52			12			41			25			19			25			54			44
Total fee and other revenue		865			860			754			764			849			858			869			931			891			922			920			993
Net interest revenue		52			48			50			54			55			52			51			56			62			63			67			68
Total revenue		917			908			804			818			904			910			920			987			953			985			987			1,061
Provision for credit losses		—			1			—			—			—			—			—			—			—			—			—			—
Noninterest expenses (ex. intangible amortization)		629			643			624			634			620			642			644			713			704			674			697			769
Income before taxes (ex. intangible amortization)		288			264			180			184			284			268			276			274			249			311			290			292
Amortization of intangible assets		55			54			52			52			48			48			48			48			39			39			35			35
Income before taxes	$	233		$	210		$	128		$	132		$	236		$	220		$	228		$	226		$	210		$	272		$	255		$	257
Average assets	$	36,962		$	36,415		$	36,626		$	36,782		$	36,112		$	35,603		$	35,285		$	37,474		$	38,743		$	37,953		$	38,690		$	38,796
Assets under management at period-end(in billions) (c)	$	1,229		$	1,274		$	1,198		$	1,260		$	1,308		$	1,299		$	1,359		$	1,386		$	1,429		$	1,432		$	1,532		$	1,583	(d)
Pre-tax operating margin:
GAAP		25	%		23	%		16	%		16	%		26	%		24	%		25	%		23	%		22	%		28	%		26	%		24	%
Non-GAAP (ex. intangible amortization and net distribution and servicing expense) (e)		36	%		33	%		26	%		26	%		35	%		33	%		34	%		31	%		29	%		36	%		33	%		31	%

(a) Includes revenue related to the Newton private client business prior to the sale of the business in 3Q13.

(b) Other revenue includes asset servicing and treasury services revenue.

(c) Excludes securities lending cash management assets and assets managed in the Investment Services business.

(d) Preliminary.

(e) Distribution and servicing expense is netted with distribution and servicing revenue for the purpose of this calculation of pre-tax operating margin. Distribution and servicing expense totaled $110 million, $108 million, $99 million and $95 million, respectively, for the first through fourth quarters of 2011, $100 million, $102 million, $107 million and $106 million, respectively, for the first through fourth quarters of 2012 and $104 million, $110 million, $107 million and $108 million, respectively, for the first through fourth quarters of 2013.

Page 9 of 14

THE BANK OF NEW YORK MELLON CORPORATION

INVESTMENT SERVICES BUSINESS - 12 Quarter Trend

	2011												2012												2013
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Revenue:
Investment services fees
Asset servicing fees - ex. securities lending	$	863		$	891		$	862		$	823		$	876		$	871		$	876		$	885		$	912		$	922		$	913		$	936
Securities lending revenue		27			52			32			35			39			48			37			31			31			39			26			21
Issuer services		292			314			401			245			251			275			310			213			236			294			321			236
Clearing services		292			292			297			278			303			309			287			294			304			321			315			324
Treasury services		128			129			128			128			131			129			131			136			137			135			135			137
Total investment services fees		1,602			1,678			1,720			1,509			1,600			1,632			1,641			1,559			1,620			1,711			1,710			1,654
Foreign Exchange and other trading revenue		209			204			235			197			176			179			158			128			172			194			173			148
Other(a)		77			82			71			72			74			69			77			75			70			66			64			58
Total fee and other revenue (a)		1,888			1,964			2,026			1,778			1,850			1,880			1,876			1,762			1,862			1,971			1,947			1,860
Net interest revenue		623			649			662			634			642			607			608			583			653			633			619			609
Total revenue		2,511			2,613			2,688			2,412			2,492			2,487			2,484			2,345			2,515			2,604			2,566			2,469
Provision for credit losses		—			—			—			—			16			(14	)		(4	)		—			1			—			—			—
Noninterest expenses (ex. intangible amortization)		1,709			1,780			1,843			1,701			1,792			2,098			1,737			1,773			1,796			1,826			1,766			1,819
Income before taxes (ex. intangible amortization)		802			833			845			711			684			403			751			572			718			778			800			650
Amortization of intangible assets		50			50			50			50			48			49			47			48			47			54			46			47
Income before taxes	$	752		$	783		$	795		$	661		$	636		$	354		$	704		$	524		$	671		$	724		$	754		$	603
Average loans	$	21,912		$	23,939		$	23,745		$	27,651		$	26,630		$	25,611		$	24,917		$	24,868		$	26,697		$	27,814		$	27,865		$	31,210
Average assets	$	177,028		$	192,516		$	221,680		$	229,371		$	214,593		$	210,064		$	224,987		$	243,053		$	240,188		$	244,803		$	246,254		$	258,296
Average deposits	$	140,213		$	154,611		$	182,555		$	189,203		$	175,526		$	173,087		$	188,743		$	204,164		$	200,221		$	204,499		$	206,068		$	216,216
Pre-tax operating margin:
GAAP		30	%		30	%		30	%		27	%		26	%		14	%		28	%		22	%		27	%		28	%		29	%		24	%
Non-GAAP adjusted (ex. intangible amortization)		32	%		32	%		31	%		29	%		27	%		16	%		30	%		24	%		29	%		30	%		31	%		26	%
Assets under custody and/or administration at period-end (in trillions) (b)(c)		N/A			N/A			N/A		$	25.1		$	25.7		$	25.2		$	26.4		$	26.3		$	26.3		$	26.2		$	27.4		$	27.6	(d)
Market value of securities on loan at period-end (in billions) (e)	$	268		$	266		$	249		$	266		$	256		$	267		$	251		$	237		$	244		$	255		$	255		$	235	(f)

Note: On December 31, 2011, BNY Mellon sold its Shareowner Services business. In the first quarter of 2012, we reclassified the results of the Shareowner Services business from the Investment Services business to the Other segment. The reclassification did not impact the consolidated results. All prior periods have been restated.

(a) Total fee and other revenue includes investment management fees and distribution and servicing revenue.

(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 $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2012, June 30, 2012 and Sept. 30, 2012, $1.1 trillion at Dec. 31, 2012, $1.2 trillion at March 31, 2013, $1.1 trillion at June 30, 2013 and $1.2 trillion at both Sept. 30, 2013 and Dec. 31, 2013.

(c) For the first quarter 2011, second quarter 2011 and third quarter 2011, restated AUC/A not available.

(d) Preliminary.

(e) Represents the total amount of securities on loan managed by the Investment Services business. Excludes securities on loan relating to CIBC Mellon.

(f) Excludes securities booked on BNY Mellon beginning in the fourth quarter of 2013 resulting from the CIBC Mellon joint venture, which totaled $62 billion at December 31, 2013.

N/A - Not available

Page 10 of 14

THE BANK OF NEW YORK MELLON CORPORATION

OTHER SEGMENT- 12 Quarter Trend

	2011												2012												2013
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Revenue:
Fee and other revenue	$	151		$	274		$	126		$	246		$	171		$	116		$	156		$	188		$	125		$	320		$	120		$	(37	)
Net interest revenue		23			34			63			92			68			75			90			86			4			61			86			84
Total revenue		174			308			189			338			239			191			246			274			129			381			206			47
Provision for credit loss		—			(1	)		(22	)		23			(11	)		(5	)		(1	)		(61	)		(25	)		(19	)		2			6
Noninterest expense (ex. intangible amortization)		251			285			198			387			248			210			229			243			242			229			235			207
Income (loss) before taxes (ex. intangible amortization)		(77	)		24			13			(72	)		2			(14	)		18			92			(88	)		171			(31	)		(166	)
Amortization of intangible assets		3			4			4			4			—			—			—			—			—			—			—			—
Income (loss) before taxes	$	(80	)	$	20		$	9		$	(76	)	$	2		$	(14	)	$	18		$	92		$	(88	)	$	171		$	(31	)	$	(166	)
Average loans and leases	$	9,829		$	9,505		$	9,786		$	9,376		$	9,148		$	9,618		$	9,389		$	10,267		$	10,610		$	10,846		$	10,938		$	9,803
Average assets	$	43,708		$	49,549		$	53,157		$	49,921		$	50,639		$	59,335		$	58,642		$	55,468		$	54,733		$	54,699		$	56,806		$	59,043

Note: On December 31, 2011, BNY Mellon sold its Shareowner Services business. In the first quarter of 2012, we reclassified the results of the Shareowner Services business from the Investment Services business to the Other segment. The reclassification did not impact the consolidated results. All prior periods have been restated.

Page 11 of 14

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESSES

	Investment Management									Investment Services									Other									Consolidated Results
(dollar amounts in millions unless otherwise noted)	2013			2012			2011			2013			2012			2011			2013			2012			2011			2013			2012			2011
Revenue:
Investment services fees
Asset servicing	$	104		$	117		$	112		$	3,800		$	3,663		$	3,585		$	1		$	—		$	—		$	3,905		$	3,780		$	3,697
Issuer services		—			—			—			1,087			1,049			1,252			3			3			193			1,090			1,052			1,445
Clearing services		—			—			—			1,264			1,193			1,159			—			—			—			1,264			1,193			1,159
Treasury services		2			2			2			544			527			513			8			20			20			554			549			535
Total investment services fees		106			119			114			6,695			6,432			6,509			12			23			213			6,813			6,574			6,836
Investment management fees		3,282			3,053			2,949			63			66			64			—			—			2			3,345			3,119			3,015
Performance fees		130			137			93			—			—			1			—			(1	)		—			130			136			94
Foreign exchange and other trading revenue		8			9			(1	)		687			641			845			(21	)		42			4			674			692			848
Distribution and servicing		172			187			181			8			5			6			—			—			—			180			192			187
Financing-related fees		5			6			6			44			42			46			123			124			118			172			172			170
Investment and other income		17			(3	)		(100	)		142			171			185			280			291			413			439			459			498
Total fee revenue		3,720			3,508			3,242			7,639			7,357			7,656			394			479			750			11,753	(a)		11,344	(a)		11,648	(a)
Net securities gains (losses)		6			(1	)		1			1			11			—			134			152			47			141			162			48
Total fee and other revenue		3,726			3,507			3,243			7,640			7,368			7,656			528			631			797			11,894	(a)		11,506	(a)		11,696	(a)
Net interest revenue (expense)		260			214			204			2,514			2,440			2,568			235			319			212			3,009			2,973			2,984
Total revenue		3,986			3,721			3,447			10,154			9,808			10,224			763			950			1,009			14,903			14,479			14,680
Provision for credit losses		—			—			1			1			(2	)		—			(36	)		(78	)		—			(35	)		(80	)		1
Noninterest expenses (ex. intangible amortization)		2,844			2,619			2,530			7,207			7,400			7,033			913			930			1,121			10,964			10,949			10,684
Income before taxes (ex. intangible amortization)		1,142			1,102			916			2,946			2,410			3,191			(114	)		98			(112	)		3,974	(a)		3,610	(a)		3,995	(a)
Amortization of intangible assets		148			192			213			194			192			200			—			—			15			342			384			428
Income before taxes and noncontrolling interest	$	994		$	910		$	703		$	2,752		$	2,218		$	2,991		$	(114	)	$	98		$	(127	)	$	3,632	(a)	$	3,226	(a)	$	3,567	(a)
Average loans	$	9,361		$	7,950		$	6,970		$	28,407		$	25,503		$	24,326		$	10,548		$	9,607		$	9,623		$	48,316		$	43,060		$	40,919
Average assets	$	38,546		$	36,120		$	36,696		$	247,431		$	223,233		$	205,337		$	56,334		$	56,028		$	49,112		$	342,311		$	315,381		$	291,145
Average deposits	$	13,755		$	11,311		$	9,769		$	206,793		$	185,440		$	166,823		$	5,148		$	7,459		$	6,087		$	225,696		$	204,210		$	182,679
Assets under management at period-end (in billions) (b)	$	1,583		$	1,386		$	1,260		$	—		$	—		$	—		$	—		$	—		$	—		$	1,583		$	1,386		$	1,260
Assets under custody and/or administration at period-end (in trillions) (c)	$	—		$	—		$	—		$	27.6		$	26.3		$	25.1		$	—		$	—		$	—		$	27.6		$	26.3		$	25.1
Market value of securities on loan at period-end (in billions) (d)	$	—		$	—		$	—		$	235		$	237		$	266		$	—		$	—		$	—		$	235	(e)	$	237		$	266
Pre-tax operating margin -GAAP		25	%		24	%		20	%		27	%		23	%		29	%		N/M			N/M			N/M			24	%		22	%		24	%
Memo:
Securities Lending Revenue																													155			198			183

Note: On December 31, 2011, BNY Mellon sold its Shareowner Services business. In the first quarter of 2012, we reclassified the results of the Shareowner Services business from the Investment Services business to the Other segment. The reclassification did not impact the consolidated results. All prior periods have been restated.

(a) Total fee and other revenue and income before taxes for the years 2011, 2012 and 2013 includes income from consolidated investment management funds of $200 million, $189 million and $183 million, respectively, net of income attributable to noncontrolling interests of $50 million, $76 million and $80 million respectively. The net of these income statement line items of $150 million, $113 million and $103 million, respectively, are included above in fee and other revenue.

(b) Excludes assets managed in the Investment Services business.

(c) Includes the AUC/A of CIBC Mellon Global Securities Services Company (“CIBC Mellon”), a joint venture with the Canadian Imperial Bank of Commerce, of $1.1 trillion at Dec. 31, 2011, $1.1 trillion at Dec. 31, 2012, and $1.2 trillion at Dec. 31, 2013.

(d) Represents the total amount of securities on loan managed by the Investment Services business. Excludes securities on loan relating to CIBC Mellon.

(e) Excludes securities booked on BNY Mellon beginning in the fourth quarter of 2013 resulting from the CIBC Mellon joint venture, which totaled $62 billion at December 31, 2013.

Note: See pages 9 through 11 for businesses results.

N/M - Not meaningful

Page 12 of 14

THE BANK OF NEW YORK MELLON CORPORATION

NONPERFORMING ASSETS - 12 Quarter Trend

	2011												2012												2013
(dollar amounts in millions)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Loans:
Other residential mortgages	$	245		$	236		$	228		$	203		$	188		$	177		$	166		$	158		$	148		$	135		$	128		$	117
Wealth Management		56			31			32			32			35			35			33			30			30			13			12			11
Commercial real estate		36			28			28			40			39			30			29			18			17			18			4			4
Commercial		32			31			21			21			32			31			29			27			24			24			15			15
Foreign		7			13			13			10			10			9			9			9			9			9			9			6
Financial Institutions		4			4			12			23			14			3			3			3			3			2			1			—
Total nonperforming loans		380			343			334			329			318			285			269			245			231			201			169			153
Other assets owned		6			8			10			12			13			9			5			4			3			3			3			3
Total nonperforming assets(a)	$	386		$	351		$	344		$	341		$	331		$	294		$	274		$	249		$	234		$	204		$	172		$	156
Nonperforming assets ratio		0.96	%		0.83	%		0.76	%		0.78	%		0.77	%		0.65	%		0.60	%		0.53	%		0.48	%		0.41	%		0.34	%		0.30	%
Nonperforming assets ratio excluding margin loans		1.26	%		1.08	%		0.98	%		1.09	%		1.11	%		0.92	%		0.83	%		0.74	%		0.65	%		0.57	%		0.49	%		0.43	%
Allowance for loan losses/nonperforming loans		122.9			128.6			117.4			119.8			121.4			127.0			126.0		��	108.6			102.6			105.5			121.9			137.3
Allowance for loan losses/nonperforming assets		121.0			125.6			114.0			115.5			116.6			123.1			123.7			106.8			101.3			103.9			119.8			134.6
Total allowance for credit losses/nonperforming loans		145.8			156.0			149.1			151.1			155.3			163.9			169.5			158.0			155.0			167.7			200.6			224.8
Total allowance for credit losses/nonperforming assets		143.5			152.4			144.8			145.7			149.2			158.8			166.4			155.4			153.0			165.2			197.1			220.5

(a) Loans of consolidated investment management funds are not part of BNY Mellon’s loan portfolio. Included in the loans of consolidated investment management funds are nonperforming loans for the 1st, 2nd, 3rd and 4th quarters of 2011 of $239 million, $216 million, $265 million, and $101 million, respectively, for the 1st, 2nd, 3rd and 4th quarters of 2012 of $180 million, $155 million, $153 million, and $174 million, respectively, and for the 1st through 4th quarters of 2013 of $161 million, $44 million, $31 million, and $16 million, respectively. These loans are recorded at fair value and therefore do not impact the provision for credit losses and allowance for loan losses, and accordingly are excluded from the nonperforming assets table above.

Page 13 of 14

THE BANK OF NEW YORK MELLON CORPORATION

ALLOWANCE FOR CREDIT LOSSES, PROVISION AND NET CHARGE-OFFS - 12 Quarter Trend

	2011												2012												2013
(dollar amounts in millions)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
Allowance for credit losses:
Allowance for credit losses	$	498		$	467		$	441		$	392		$	394		$	386		$	362		$	339		$	266		$	237		$	212		$	206
Allowance for unfunded commitments		73			87			94			106			103			108			105			117			121			121			125			133
Allowance for credit losses - beginning of period		571			554			535			498			497			494			467			456			387			358			337			339
Net (charge-offs)
Charge-offs		(19	)		(21	)		(17	)		(25	)		(10	)		(10	)		(8	)		(10	)		(5	)		(3	)		(2	)		(6	)
Recoveries		2			2			2			1			2			2			2			2			—			1			2			5
Total Net (charge-offs)		(17	)		(19	)		(15	)		(24	)		(8	)		(8	)		(6	)		(8	)		(5	)		(2	)		—			(1	)
Provision for credit losses		—			—			(22	)		23			5			(19	)		(5	)		(61	)		(24	)		(19	)		2			6
Allowance for credit losses - end of period		554			535			498			497			494			467			456			387			358			337			339			344
Allowance for loan losses	$	467		$	441		$	392		$	394		$	386		$	362		$	339		$	266		$	237		$	212		$	206		$	210
Allowance for unfunded commitments		87			94			106			103			108			105			117			121			121			125			133			134
Allowance for credit losses - end of period		554			535			498			497			494			467			456			387			358			337			339			344
Allowance for loan losses as a percentage of total loans		1.17	%		1.05	%		0.87	%		0.90	%		0.90	%		0.80	%		0.74	%		0.57	%		0.48	%		0.42	%		0.41	%		0.41	%

Page 14 of 14