Bank of New York Mellon Corp
For the period ended Jun 30, 2026. Filed Jul 31, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 31, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Noninterest expense
| Noninterest expense · % · % | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (dollars in millions) · 2Q26 · 2Q25 · change · YTD26 · YTD25 · change | |||||||||
| Staff | $1,785 | $1,768 | 1% | $3,673 | $3,602 | 2% | |||
| Software and equipment | 569 | 527 | 8 | 1,125 | 1,040 | 8 | |||
| Professional, legal and other purchased services | 441 | 388 | 14 | 829 | 754 | 10 | |||
| Sub-custodian and clearing | 162 | 150 | 8 | 313 | 281 | 11 | |||
| Net occupancy | 143 | 132 | 8 | 266 | 268 | (1) | |||
| Distribution and servicing | 76 | 63 | 21 | 149 | 128 | 16 | |||
| Business development | 68 | 53 | 28 | 118 | 101 | 17 | |||
| Bank assessment charges | 32 | 22 | N/M | 56 | 60 | N/M | |||
| Amortization of intangible assets | 10 | 11 | (9) | 19 | 22 | (14) | |||
| Other | 153 | 92 | 66 | 291 | 202 | 44 | |||
| Total noninterest expense | $3,439 | $3,206 | 7% | $6,839 | $6,458 | 6% | |||
| Full-time employees at period-end | 46,500 | 49,900 | (7)% | ||||||
Noninterest expense increased 7% compared with the second quarter of 2025, primarily reflecting higher revenue-related expenses, investments and employee salary increases, partially offset by efficiency savings.
Noninterest expense increased 6% compared with the first six months of 2025, primarily reflecting higher revenue-related expenses, investments and employee salary increases, partially offset by efficiency savings.
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