Bank of New York Mellon : Revised Financial Supplement

Exhibit 99.1

The Bank of New York Mellon Corporation

Revised Financial Supplement

(Business Resegmentation)

Seven Quarter Trend Through 3Q21

And Full Years 2020 and 2019

Table of Contents

Business Resegmentation	Page
3
Business Segment Revenue	4
Consolidated Results	5
Condensed Consolidated Income Statement
Fee and Other Revenue	6
Money Market Fee Waivers	7
Business Segment Results	8
Market and Wealth Services Business Segment
Securities Services Business Segment	10
Investment and Wealth Management Business Segment	12
AUM by Product Type, Changes in AUM and Wealth Management Client Assets	13
Other Segment	14
Supplemental Information	15
Explanation of GAAP and Non-GAAP Financial Measures
Explanation of Income Statement Changes	16

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS RESEGMENTATION

The following disclosures provide supplemental information related to changes to our business segments, which became effective in the fourth quarter of 2021. The disclosures also provide information related to certain reclassifications on the consolidated income statement that are being made to further simplify our total revenue presentation.

The business segment changes include creating the following two new segments by disaggregating the former Investment Services segment:

Market and Wealth Services business segment. This segment includes the Pershing, Treasury Services and Clearance and Collateral Management businesses.

Securities Services business segment. This segment includes the Asset Servicing and Issuer Services businesses.

Our Investment and Wealth Management business segment and Other segment were not impacted by the changes.

The following pages provide detailed financial information to assist investors in understanding how the business segment results would have been presented in previously-filed reports based on how the businesses are managed beginning in the fourth quarter of 2021.

Below is a summary of our business segments, before and after the changes.

CURRENT FORMER

Investment Services

Investment and Wealth

Other

Management

Treasury

Clearance and

Asset

Issuer

Investment

Wealth

Pershing

Collateral

Services

Servicing

Services

Management

Management

Management

Market and Wealth Services

Securities Services

Investment and Wealth

Other

Management

Treasury

Clearance and

Asset

Issuer

Investment

Wealth

Pershing

Collateral

Services

Servicing

Services

Management

Management

Management

In conjunction with the changes to our business segments, the following simplifications were made to the consolidated income statement presentation:

Asset servicing fees, clearing services fees, issuer services fees and treasury services fees have been collapsed to one line, investment services fees. Net securities gains (losses) were reclassified to investment and other income. Investment and other income was renamed investment and other revenue.

These simplifications had no impact on consolidated total revenue or total revenue for each of the business segments. Prior periods were reclassified for comparability.

For the segment presentation, we are now presenting investment services fees for each line of business, as well as other fees, total fee revenue, investment and other revenue and total fee and other revenue for each business segment.

3

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENT REVENUE

Market and Wealth Services business segment

Line of business

Pershing

Treasury Services

Clearance and Collateral Management

Primary products and services

Clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading services and prime brokerage

Integrated cash management solutions including payments, foreign exchange, liquidity management, receivables processing and payables management and trade finance and processing

Clearance (including U.S. government and global clearing services) and Global Collateral Management (including tri-party services)

Primary types of revenue

• Investment services fees
• Net interest revenue
• Investment services fees
• Net interest revenue
• Foreign exchange revenue
• Investment services fees
• Net interest revenue

Securities Services business segment

Line of business		Primary products and services		Primary types of revenue
Asset Servicing		Custody, Trust & Depositary, accounting, ETF services, middle-office solutions,		- Investment services fees (includes securities lending
		transfer agency, services for private equity and real estate funds, foreign exchange,		revenue)
		securities lending, liquidity/lending services, prime brokerage and data analytics		- Net interest revenue
				- Foreign exchange revenue
				- Financing-related fees
Issuer Services		Corporate Trust (trustee, paying agency, fiduciary, escrow and other financial		- Investment services fees
		services) and Depositary Receipts (issuer services and support for brokers and		- Net interest revenue
		investors)		- Foreign exchange revenue

Investment and Wealth Management business segment

Line of business		Primary products and services		Primary types of revenue
Investment Management		Diversified investment management strategies and distribution of investment		- Investment management fees
		products		- Performance fees
				- Distribution and servicing fees
Wealth Management		Investment management, custody, wealth and estate planning, private banking		- Investment management fees
		services, investment services and information management		- Net interest revenue

Other segment

Description		Primary types of revenue
Includes leasing portfolio, corporate treasury activities, including our securities		- Investment and other revenue
portfolio, derivatives and other trading activity, corporate and bank-owned life		- Other trading revenue
insurance, renewable energy investments and certain business exits		- Net gains (losses) on securities
		- Net interest revenue (expense)

4

THE BANK OF NEW YORK MELLON CORPORATION

CONDENSED CONSOLIDATED INCOME STATEMENT

(dollars in millions, except per share amounts;											Quarters												Full years
common shares in thousands)		3Q21			2Q21			1Q21			4Q20			3Q20			2Q20			1Q20			FY20			FY19
Revenue
Investment services fees	$	2,091	$	2,076	$	2,056	$	1,969	$	2,012	$	2,025	$	2,041	$	8,047	$	7,900
Investment management and performance fees		913			889			890			884			835			786			862			3,367			3,389
Foreign exchange revenue		185			184			231			187			149			193			245			774			564
Financing-related fees		48			48			51			46			49			58			59			212			196
Distribution and servicing fees		28			27			29			28			29			27			31			115			129
Total fee revenue		3,265			3,224			3,257			3,114			3,074			3,089			3,238			12,515			12,178
Investment and other revenue		129			91			9			49			70			141			56			316			1,096
Total fee and other revenue		3,394			3,315			3,266			3,163			3,144			3,230			3,294			12,831			13,274
Net interest revenue		641			645			655			680			703			780			814			2,977			3,188
Total revenue		4,035			3,960			3,921			3,843			3,847			4,010			4,108			15,808			16,462
Provision for credit losses		(45)			(86)			(83)			15			9			143			169			336			(25)
Noninterest expense
Staff		1,584			1,518			1,602			1,554			1,466			1,464			1,482			5,966			6,063
Software and equipment		372			365			362			359			340			345			326			1,370			1,222
Professional, legal and other purchased services		363			363			343			381			355			337			330			1,403			1,345
Sub-custodian and clearing		129			132			124			116			119			120			105			460			450
Net occupancy		120			122			123			173			136			137			135			581			564
Distribution and servicing		76			73			74			75			85			85			91			336			374
Bank assessment charges		34			35			34			24			30			35			35			124			125
Business development		22			22			19			26			17			20			42			105			213
Amortization of intangible assets		19			20			24			26			26			26			26			104			117
Other		199			128			146			191			107			117			140			555			427
Total noninterest expense		2,918			2,778			2,851			2,925			2,681			2,686			2,712			11,004			10,900
Income before income taxes		1,162			1,268			1,153			903			1,157			1,181			1,227			4,468			5,587
Provision for income taxes		219			241			221			148			213			216			265			842			1,120
Net income		943			1,027			932			755			944			965			962			3,626			4,467
Net loss (income) attributable to noncontrolling interests		4			(5)			(5)			(5)			(7)			(15)			18			(9)			(26)
Preferred stock dividends		(66)			(31)			(69)			(48)			(61)			(49)			(36)			(194)			(169)
Net income applicable to common shareholders of	$	881	$	991	$	858	$	702	$	876	$	901	$	944	$	3,423	$	4,272
The Bank of New York Mellon Corporation
Average common shares and equivalents outstanding: Basic		844,088			869,460			882,558			889,928			889,499			889,020			894,122			890,839			939,623
Diluted		849,028			873,475			885,655			891,846			891,069			890,561			896,689			892,514			943,109
Earnings per common share: Basic	$	1.04	$	1.14	$	0.97	$	0.79	$	0.98	$	1.01	$	1.05	$	3.84	$	4.53
Diluted	$	1.04	$	1.13	$	0.97	$	0.79	$	0.98	$	1.01	$	1.05	$	3.83	$	4.51

5