Exhibit 99.2

THE BANK OF NEW YORK MELLON CORPORATION

Financial Trends

Notes:

On July 1, 2007, The Bank of New York Company, Inc. (“The Bank of New York”) and Mellon Financial Corporation (“Mellon”) merged with and into The Bank of New York Mellon Corporation (“The Bank of New York Mellon” or “BNY Mellon”), with BNY Mellon being the surviving entity (“the merger”).

The results prior to the consummation of the merger reflect the sum of The Bank of New York and Mellon’s historical results, but do not include the pro forma impact of purchase accounting adjustments. Combined results for the periods prior to the merger (1Q07, 2Q07) are presented on a pre-tax basis only. Average common equity and average goodwill/intangibles are not disclosed for the periods prior to the merger due to the impact of the merger on these line items. The business segment results are presented on a pre-tax basis for all periods and reflect actions taken to report consistent transfer pricing and cost allocation methodologies as well as intercompany eliminations between The Bank of New York and Mellon.

Summations may not equal due to rounding. As a result of this rounding convention, immaterial differences may exist between the segment trends data versus segment data on the Form 10-Q for the quarter ended March 31, 2010.

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

On Jan. 1, 2010, we adopted SFAS No. 167, “Amendments to FASB Interpretation No. 46 (R).” Certain asset management funds, seed capital investments are now disclosed separately on our balance sheet and securitizations are included in available for sale securities. The income statement separately discloses the operations of consolidated asset management funds and the net income attributable to noncontrolling interests of consolidated asset management funds; previously these were disclosed as asset and wealth management revenue and investment income.

On November 2, 2009, we completed the acquisition of Insight Asset Management (“Insight”) based in London. The financial results for Insight are included in the Asset Management segment.

On June 30, 2009, we adopted discontinued operations accounting for Mellon United National Bank (MUNB) located in Miami, Florida. Previously, the financial results were included in the Other segment. On January 15, 2010, we completed the sale of MUNB. The financial results for all periods were restated.

On January 1, 2009, we adopted FAS 160, which resulted in a reclassification of minority interest to equity from other liabilities on the balance sheet and to noncontrolling interest from other expense on the income statement.

During the first quarter of 2009, we moved the financial results of the Execution business from the Clearing Services segment to the Other segment. Historical segment results have been restated to reflect these changes.

On June 3, 2008, we completed the sale of Mellon 1st Business Bank, National Association (N.A.). We moved the financial results from the Wealth Management segment to the Other segment. Historical segment results have been restated to reflect these changes.

On December 20, 2007, we acquired the remaining 50% interest in the ABN AMRO Mellon joint venture. The financial results are included in the Asset Servicing segment.

The following items have impacted the reporting of our results:

Results for the first quarter of 2010 include a charge related to the litigation reserves for several existing matters.

Investment Securities Portfolio restructuring/ Investment Write-downs – Impacted total revenue levels in the fourth quarter of 2007, full year of 2008, and full year of 2009.

The TARP preferred dividends and related redemption premium impacted the fourth quarter of 2008, and the first and second quarters of 2009.

The FDIC Special Assessment of all depository institutions impacted the second quarter of 2009.

Global efficiency restructuring charges – Recorded charges in the fourth quarters of 2008 and 2009.

SILO/LILO/Tax settlement charges – Incurred charges in the second and third quarters of 2008, while the second quarter of 2009 contains the benefit of final tax settlements.

Merger & integration/Intangible amortization expenses – Both expense categories increased beginning in the second/third quarters of 2007 as a result of the merger.

Support agreement charges – Recorded a $163 million pre-tax charge in the fourth quarter of 2008 and a $726 million pre-tax charge in the third quarter of 2008 (minor amounts recorded in the fourth quarter of 2007, first and second quarters of 2008 and full year of 2009).

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

Discontinued Operations Accounting:

The income/(loss) and average assets from discontinued operations accounting have not been allocated to any segment.

Average Assets:

In business segments where average deposits are greater than average loans, average assets include an allocation of investment securities equal to the difference. Consolidated average assets include average assets of discontinued operations.

Return on Common and Tangible Common Equity/Pretax Operating Margin:

Ratios are presented for continuing operations basis only. 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 segment 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 ‘Non-GAAP Measures’ and ‘Supplemental Information – Explanation of Non-GAAP Financial Measures’ in The Bank of New York Mellon Corporation Quarterly Earnings Review dated April 20, 2010, furnished as an exhibit to the Report on Form 8-K to which these Financial Trends are furnished as an exhibit.

Page 1 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted)	2008												2009												2010
	1st Qtr			2nd Qtr (a)			3rd Qtr (a), (b)			4th Qtr (b)			1st Qtr			2nd Qtr (c)			3rd Qtr (d)			4th Qtr (e)			1st Qtr (e)
Revenue:
Securities servicing fees
Asset servicing	$	903		$	873		$	808		$	786		$	609		$	671		$	643		$	650		$	637
Issuer services		376			444			477			388			364			372			359			368			333
Clearing services		263			264			259			279			253			250			236			223			230
Total securities servicing fees		1,542			1,581			1,544			1,453			1,226			1,293			1,238			1,241			1,200
Asset and wealth management fees		862			860			795			701			616			637			650			736			696
Foreign exchange & other trading		259			308			385			510			307			237			246			246			263
Treasury services		124			129			129			132			125			132			128			134			131
Distribution and servicing		98			110			107			106			111			107			94			85			76
Financing-related fees		47			51			44			44			48			54			56			57			50
Investment Income		41			74			47			45			(17	)		44			121			78			108
Other		82			28			37			67			15			9			84			3			37
Total fee revenue		3,055			3,141			3,088			3,058			2,431			2,513			2,617			2,580			2,561
Securities gains (losses)		(73	)		(152	)		(162	)		(1,241	)		(295	)		(256	)		(4,833	)		15			7
Total fee and other revenue		2,982			2,989			2,926			1,817			2,136			2,257			(2,216	)		2,595			2,568
Income of consolidated asset management funds		—			—			—			—			—			—			—			—			52
Net interest revenue		743			388			681			1,047			775			700			716			724			765
Total revenue		3,725			3,377			3,607			2,864			2,911			2,957			(1,500	)		3,319			3,385
Provision for credit losses		14			13			23			54			59			61			147			65			35
Noninterest expenses		2,357			2,471			3,090			2,468			2,095			2,149			2,165			2,284			2,167
Litigation reserves		—			—			—			—			—			—			—			—			164
FDIC special assessment		—			—			—			—			—			61			—			—			—
Amortization of intangible assets		119			123			118			113			107			108			104			107			97
Restructuring charges		—			—			—			181			10			6			(5	)		139			7
Merger & integration expense		126			149			111			97			68			59			54			52			26
Total noninterest expense		2,602			2,743			3,319			2,859			2,280			2,383			2,318			2,582			2,461
Income/ (loss) from continuing operations before taxes		1,109			621			265			(49	)		572			513			(3,965	)		672			889
Income taxes		358			312			(42	)		(137	)		161			12			(1,527	)		(41	)		257
Income/ (loss) from continuing operations		751			309			307			88			411			501			(2,438	)		713			632
Income/ (loss) from discontinued operations, net of tax		4			6			—			4			(41	)		(91	)		(19	)		(119	)		(42	)
Net income attributable to noncontrolling interest		(9	)		(6	)		(4	)		(5	)		(1	)		2			(1	)		(1	)		(31	) (k)
Extraordinary (loss) on consolidation of commercial paper conduit, net of tax		—			—			—			(26	)		—			—			—			—			—
Redemption charge and preferred dividends		—			—			—			(33	)		(47	)		(236	)		—			—			—
Net income/ (loss) applicable to shareholders of The Bank of New York Mellon Corporation	$	746		$	309		$	303		$	28		$	322		$	176		$	(2,458	)	$	593		$	559
EPS from continuing operations	$	0.65		$	0.26		$	0.26		$	0.04		$	0.31		$	0.23		$	(2.04	)	$	0.59		$	0.49
EPS from continuing operations - Non-GAAP (f)	$	0.75		$	0.75		$	0.81		$	0.96		$	0.56		$	0.51		$	0.54		$	0.55		$	0.59
Market value of assets under management at period-end (in billions)	$	1,105		$	1,113		$	1,067		$	928		$	881		$	926		$	966		$	1,115		$	1,105
Market value of assets under custody and administration at period-end (in trillions)	$	23.1		$	23.0		$	22.4		$	20.2		$	19.5		$	20.7		$	22.1		$	22.3		$	22.4
Market value of securities on loan at period-end (in billions)	$	660		$	588		$	470		$	326		$	293		$	290		$	299		$	247		$	253
Pre-tax operating margin
GAAP-before extraordinary (loss)		30	%		19	%		7	%		(2	)%		20	%		17	%		N/M			20	%		26	%
Non-GAAP adjusted (g)		38	%		37	%		39	%		43	%		33	%		31	%		31	%		29	%		34	%
Return on tangible common equity (annualized):
GAAP-before extraordinary (loss)		35.4	%		18.5	%		18.9	%		6.5	%		28.8	%		18.4	%		N/M			33.0	%		25.8	%
Non-GAAP adjusted (h)		40.7	%		45.9	%		50.2	%		61.3	%		44.4	%		24.0	%		31.5	%		31.1	%		30.2	%
Return on common equity (annualized)
GAAP-before extraordinary (loss)		10.1	%		4.3	%		4.3	%		0.8	%		5.8	%		4.0	%		N/M			9.8	%		8.2	%
Non-GAAP adjusted - excluding intangible amortization (i)		12.7	%		13.2	%		14.2	%		16.8	%		10.6	%		6.6	%		9.9	%		10.1	%		10.6	%
Percent of non-US fee and net interest revenue		33	%		37	%		33	%		31	%		29	%		31	%		31	%		36	%		35	%
Percent of non-US fee and net interest revenue - Non-GAAP (j)		33	%		34	%		32	%		31	%		29	%		31	%		31	%		36	%		34	%

(a) The second and third quarters of 2008 include pretax SILO/LILO/tax settlement charges which reduced net interest revenue by $377 million and $112 million, respectively. See page 4 for additional details.

(b) The third and fourth quarters of 2008 include pretax support agreement charges of $726 million and $163 million, respectively.

(c) The second quarter of 2009 contains $134 million of tax benefits related to the final LILO/SILO tax settlement.

(d) The third quarter of 2009 includes a $4.8 billion pretax charge related to investment securities portfolio restructuring.

(e) The fourth quarter of 2009 and first quarter 2010 include the financial results for the Insight acquisition.

(f) Calculated excluding investment securities losses, TARP redemption premium/dividend, FDIC special assessment, SILO/LILO/tax settlements, 3rd and 4th quarters of 2008 support agreement charges, M&I expenses, benefit of tax settlements and tax discrete benefits and 4th quarter 2008 and 2009 global efficiency restructuring charge.

(g) Calculated excluding investment securities losses, SILO/LILO charges, 2008 support agreement charges, asset-based taxes, FDIC special assessment, M&I expenses, 4th quarter 2008 and 2009 global efficiency restructuring charges and intangible amortization.

(h) Calculated excluding investment securities losses, SILO/LILO/tax settlements, 2008 support agreement charges, FDIC special assessment, M&I expenses, 4th quarter 2008 and 2009 global efficiency restructuring charges and benefit of tax settlements and tax discrete benefits.

(i) Calculated excluding the SILO/LILO/tax settlements, investment write-downs and expense related to consolidated asset management funds.

(j) Calculated excluding the SILO/LILO/tax settlements and including noncontrolling interest related to consolidated asset management funds.

(k) The first quarter of 2010 includes $30 million of noncontrolling interests related to consolidated asset management funds.

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

Page 2 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

FEE AND OTHER REVENUE

	2008												2009												2010
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr (a)			4th Qtr			1st Qtr
Securities servicing fees
Asset servicing	$	658		$	671		$	653		$	599		$	519		$	574		$	600		$	621		$	608
Securities lending		245			202			155			187			90			97			43			29			29
Issuer services		376			444			477			388			364			372			359			368			333
Clearing services		263			264			259			279			253			250			236			223			230
Total securities servicing fees		1,542			1,581			1,544			1,453			1,226			1,293			1,238			1,241			1,200
Asset and wealth management fees		862			860			795			701			616			637			650			736			696
Foreign exchange & other trading		259			308			385			510			307			237			246			246			263
Treasury services		124			129			129			132			125			132			128			134			131
Distribution and servicing		98			110			107			106			111			107			94			85			76
Financing-related fees		47			51			44			44			48			54			56			57			50
Investment Income		41			74			47			45			(17	)		44			121			78			108
Other		82			28			37			67			15			9			84			3			37
Total fee revenue		3,055			3,141			3,088			3,058			2,431			2,513			2,617			2,580			2,561
Income of consolidated asset management funds, net of noncontrolling interest		-			-			-			-			-			-			-			-			22	(c)
Total fee revenue - Non-GAAP		3,055			3,141			3,088			3,058			2,431			2,513			2,617			2,580			2,583
Net securities gains (losses)		(73	)		(152	)		(162	)		(1,241	)		(295	)		(256	)		(4,833	)		15			7
Total fee and other revenue - Non-GAAP		2,982			2,989			2,926			1,817			2,136			2,257			(2,216	)		2,595			2,590
Fee and other revenue as a percentage of total revenue		80	%		89	%		81	%		63	%		73	%		76	%		n/m			78	%		76	%
Fee and other revenue as a percentage of total revenue - Non-GAAP (b)		80	%		80	%		80	%		74	%		76	%		78	%		79	%		78	%		76	%
Market value of assets under management at period-end (in billions)	$	1,105		$	1,113		$	1,067		$	928		$	881		$	926		$	966		$	1,115		$	1,105
Market value of assets under custody and administration at period-end (in trillions)	$	23.1		$	23.0		$	22.4		$	20.2		$	19.5		$	20.7		$	22.1		$	22.3		$	22.4
Market value of securities on loan at period-end (in billions)	$	660		$	588		$	470		$	326		$	293		$	290		$	299		$	247		$	253
S&P 500 Index - period-end		1323			1280			1166			903			798			919			1057			1115			1169
S&P 500 Index - daily average		1353			1371			1252			916			809			891			995			1088			1123

(a) The third quarter of 2009 includes a $4.8 billion charge related to investment securities portfolio restructuring.

(b) Excludes the investment write-downs and SILO/LILO charges.

(c) Includes $30 million of noncontrolling interests related to consolidated asset management funds. Includes $6 million previously included in asset and wealth management fees and $16 million previously included in investment income.

Page 3 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS

Average Balances and Interest Rates

	Quarter Ended
	March 31, 2008					June 30, 2008					September 30, 2008					December 31, 2008					March 31, 2009
(dollar amounts in millions)	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)	$	38,658		4.28	%	$	43,361		3.82	%	$	43,999		3.90	%	$	78,680		2.65	%	$	56,505		1.56	%
Interest-bearing deposits with Federal Reserve bank		-		-			-		-			-		-			-		-			23,192		0.37
Other Short Term Investment (FRB)		-		-			-		-			954		2.95			8,378		3.05			1,269		3.15
Federal funds sold and securities under resale agreements		8,191		3.15			6,736		2.21			7,019		1.97			4,050		1.32			2,310		0.81
Margin loans		5,258		4.47			5,802		3.36			5,764		3.27			4,885		2.35			4,219		1.63
Non-margin loans:
Domestic offices		27,885		4.37			26,550		(1.97	)(a)		25,932		1.60	(b)		28,233		2.70			21,630		2.91
Foreign offices		13,881		4.55			13,281		3.97			13,739		3.71			15,208		3.73			13,109		2.56
Total non-margin loans		41,766		4.43			39,831		0.01	(a)		39,671		2.33	(b)		43,441		3.06			34,739		2.78
Securities
U.S. government obligations		397		3.52			542		3.08			679		3.03			762		2.73			787		2.50
U.S. government agency obligations		10,613		4.78			10,433		4.29			10,894		4.33			11,438		4.29			12,063		3.71
Obligations of states and political subdivisions		681		7.64			654		5.74			701		7.44			941		7.73			767		6.71
Other securities		35,840		5.26			32,755		5.22			30,590		5.42			26,916		5.95			29,848		4.47
Trading securities		1,459		5.36			1,918		3.74			1,791		2.76			2,148		3.96			1,728		2.86
Total securities		48,990		5.18			46,302		4.93			44,655		5.04			42,205		5.38			45,193		4.22
Total interest-earning assets		142,863		4.55			142,032		3.02	(a)		142,062		3.69	(b)		181,639		3.36			167,427		2.37
Allowance for credit losses		(297	)				(295	)				(329	)				(334	)				(378	)
Cash and due from banks		5,789					5,356					7,796					5,806					4,824
Other assets		49,782					46,504					46,937					54,499					45,880
Discontinued Operations		2,653					2,400					2,361					2,352					2,366
Total Asset Consol VIE FAS 167		-					-					-					-					-
Total Assets	$	200,790				$	195,997				$	198,827				$	243,962				$	220,119
Liabilities and total equity
Interest-bearing liabilities:
Money market rate accounts	$	12,577		1.67	%	$	12,869		0.98	%	$	11,785		0.88	%	$	18,274		0.53	%	$	18,563		0.10	%
Savings		902		1.89			971		1.50			979		0.93			1,013		0.64			1,165		0.61
Certificates of deposit of $100,000 & over		2,313		3.91			2,116		2.60			1,928		2.19			1,812		2.43			1,479		1.11
Other time deposits		8,300		2.45			6,335		1.88			5,393		1.99			5,052		1.34			5,574		0.55
Foreign offices		67,914		2.85			71,641		2.22			65,931		2.19			69,575		1.12			75,202		0.31
Total interest-bearing deposits		92,006		2.67			93,932		2.03			86,016		1.99			95,726		1.04			101,983		0.30
Federal funds purchased and securities under repurchase agreements		4,138		2.14			3,791		1.02			4,816		1.18			5,738		0.27			1,839		0.09
Other borrowed funds		3,343		3.50			2,840		3.21			3,303		2.31			3,558		2.13			3,785		1.57
Borrowings from FRB Related to ABCP		-		-			-		-			954		2.25			8,378		2.25			1,269		2.25
Payables to customers and broker-dealers		4,942		1.94			5,550		1.32			5,910		1.19			5,570		0.62			3,797		0.20
Long-term debt		17,125		4.51			16,841		3.58			15,993		3.62			15,467		3.79			15,493		2.72
Total interest-bearing liabilities		121,554		2.91			122,954		2.21			116,992		2.15			134,437		1.41			128,166		0.64
Total noninterest-bearing deposits		25,726					24,300					32,953					51,729					43,051
Other liabilities		21,169					17,707					18,396					26,601					18,523
Discontinued Operations		2,653					2,400					2,361					2,352					2,366
VIE Liabilities & Obligations FAS 167		-					-					-					-					-
Total Shareholders’ Equity		29,551					28,507					27,996					28,771					27,978
Noncontrolling interest		137					129					129					72					35
Total liabilities and shareholders’ equity	$	200,790				$	195,997				$	198,827				$	243,962				$	220,119
Net interest margin – Taxable equivalent basis				2.09	%				1.11	%				1.92	%				2.32	%				1.87	%
Net interest margin excluding the SILO/LILO charge – Non-GAAP									2.17	%				2.24	%

(a) Excluding the SILO/LILO charge, the rates on Domestic office loans, Non-margin loans and Interest-earning assets were 3.71%, 3.80% and 4.08%, respectively.

(b) Excluding the SILO/LILO charge, the rates on Domestic office loans, Non-margin loans and Interest-earning assets were 3.33%, 3.46% and 4.01%, respectively.

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 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS

Average Balances and Interest Rates (continued)

	Quarter Ended
	June 30, 2009					September 30, 2009					December 31, 2009					March 31, 2010
(dollar amounts in millions)	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)	$	56,917		1.18	%	$	54,343		1.08	%	$	55,467		1.09	%	$	55,800		1.03	%
Interest-bearing deposits with Federal Reserve bank		6,338		0.37			6,976		0.32			11,430		0.32			12,129		0.33
Other Short Term Investment (FRB)		—		—			—		—			—		—			—		—
Federal funds sold and securities under resale agreements		2,899		1.29			3,443		1.19			4,276		0.65			3,859		0.71
Margin loans		4,134		1.62			4,335		1.55			4,665		1.55			5,241		1.49
Non-margin loans:
Domestic offices		20,740		3.18			19,412		3.22			20,212		2.89			19,510		3.12
Foreign offices		12,155		2.21			10,788		1.99			10,362		1.75			9,463		1.62
Total non-margin loans		32,895		2.82			30,200		2.78			30,574		2.51			28,973		2.63
Securities
U.S. government obligations		1,679		1.67			4,605		1.45			5,729		1.44			6,600		1.40
U.S. government agency obligations		14,748		3.74			17,635		3.79			19,530		3.59			19,429		3.58
Obligations of states and political subdivisions		710		6.92			639		7.30			607		7.35			670		6.37
Other securities		34,766		2.85			31,010		3.04			29,707		3.49			28,658		4.20
Trading securities		2,179		2.50			1,973		2.30			2,090		2.53			2,075		2.49
Total securities		54,082		3.10			55,862		3.16			57,663		3.32			57,432		3.63
Total interest-earning assets		157,265		2.16			155,159		2.14			164,075		2.09			163,434		2.18
Allowance for credit losses		(426	)				(425	)				(448	)				(502	)
Cash and due from banks		3,412					3,247					3,104					3,514
Other assets		45,975					45,728					45,481					45,350
Discontinued Operations		2,307					2,077					1,993					898
Total Asset Consol VIE FAS 167		—					—					—					2,465
Total Assets	$	208,533				$	205,786				$	214,205				$	215,159
Liabilities and total equity
Interest-bearing liabilities:
Money market rate accounts	$	19,037		0.10	%	$	16,817		0.09	%	$	20,062		0.08	%	$	21,741		0.09	%
Savings		1,070		0.44			1,115		0.32			1,196		0.49			1,372		0.27
Certificates of deposit of $100,000 & over		942		1.00			847		0.62			589		0.32			648		0.25
Other time deposits		4,190		0.48			5,058		0.40			4,872		0.43			5,224		0.30
Foreign offices		73,657		0.14			69,795		0.08			71,685		0.10			72,049		0.16
Total interest-bearing deposits		98,896		0.16			93,632		0.11			98,404		0.12			101,034		0.16
Federal funds purchased and securities under repurchase agreements		2,485		(0.46	)		3,075		0.20			3,361		0.14			3,697		0.07
Other borrowed funds		2,756		1.04			2,286		1.49			2,618		1.86			2,805		1.97
Borrowings from FRB Related to ABCP		—		—			—		—			—		—			—		—
Payables to customers and broker-dealers		4,901		0.13			5,844		0.10			6,476		0.07			6,372		0.08
Long-term debt		16,793		2.35			17,393		1.74			17,863		1.89			16,808		1.50
Total interest-bearing liabilities		125,831		0.46			122,230		0.37			128,722		0.40			130,716		0.36
Total noninterest-bearing deposits		32,852					34,920					34,991					33,330
Other liabilities		18,578					18,386					19,633					18,420
Discontinued Operations		2,307					2,077					1,993					898
VIE Liabilities & Obligations FAS 167		—					—					—					1,279
Total Shareholders’ Equity		28,934					28,144					28,843					29,720
Noncontrolling interest		31					29					23					796
Total liabilities and total equity	$	208,533				$	205,786				$	214,205				$	215,159
Net interest margin - Taxable equivalent basis				1.80	%				1.85	%				1.77	%				1.89	%
Net interest margin excluding the SILO/LILO charge - Non-GAAP

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 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

NONINTEREST EXPENSE

	2008								2009									2010
(dollar amounts in millions)	1st Qtr (b)		2nd Qtr		3rd Qtr (c)		4th Qtr (c)		1st Qtr		2nd Qtr		3rd Qtr			4th Qtr		1st Qtr
Staff:
Compensation (a)	$	803	$	818	$	836	$	785	$	732	$	740	$	747		$	766	$	753
Incentives		365		385		241		256		247		241		242			266		284
Employee benefits		190		200		171		139		190		172		168			189		183
Total staff		1,358		1,403		1,248		1,180		1,169		1,153		1,157			1,221		1,220
Professional, legal and other purchased services (a)		238		259		251		273		237		237		265			278		242
Net occupancy		128		138		163		141		139		142		142			141		137
Distribution and servicing		130		131		133		123		107		106		104			109		109
Software		79		88		78		86		81		93		95			98		94
Sub-custodian and clearing		74		93		84		84		66		91		80			83		85
Furniture and equipment		79		78		80		86		77		76		76			80		75
Business development		65		75		62		76		44		49		45			76		52
Other		206		206		991		419		175		202		201			198		153
Subtotal	$	2,357	$	2,471	$	3,090	$	2,468	$	2,095	$	2,149	$	2,165		$	2,284	$	2,167
Litigation reserves		—		—		—		—		—		—		—			—		164
FDIC special assessment		—		—		—		—		—		61		—			—		—
Amortization of intangible assets		119		123		118		113		107		108		104			107		97
Restructuring charges		—		—		—		181		10		6		(5	)		139		7
Merger & integration expense:
The Bank of New York Mellon Corporation		121		146		107		97		68		59		54			52		26
Acquired Corporate Trust Business		5		3		4		—		—		—		—			—		—
Total noninterest expense	$	2,602	$	2,743	$	3,319	$	2,859	$	2,280	$	2,383	$	2,318		$	2,582	$	2,461
Employees at period-end (d)		42,000		42,500		42,900		42,500		41,700		41,800		42,000			42,200		42,300

(a) In the second quarter of 2009, certain temporary/consulting expenses were reclassified from professional, legal and other purchased services to staff expense. The reclassification totaled $16 million, $19 million, $35 million and $33 million for the first, second, third and fourth quarters of 2008 and $24 million in the first quarter of 2009.

(b) The first quarter of 2008 includes a $25 million write-down of seed capital investments related to a former affiliated hedge fund manager.

(c) The third and fourth quarters of 2008 include support agreement charges of $726 million and $163 million, respectively.

(d) Represents full time employees.

Page 6 of 19

THE BANK OF NEW YORK MELLON CORPORATION

ASSETS UNDER MANAGEMENT/ CUSTODY AND ADMINISTRATION / SECURITIES LENDING - 9 Quarter Trend

	2008												2009												2010
(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
Market value of assets under management at period-end (in billions)
Institutional	$	636		$	625		$	585		$	445		$	394		$	425		$	461		$	611		$	620
Mutual Funds		373			393			384			400			413			421			421			416			396
Private Client		96			95			98			83			74			80			84			88			89
Total market value of assets under management		1,105			1,113			1,067			928			881			926			966			1,115			1,105
Composition of assets under management at period-end
Equity		40	%		38	%		36	%		29	%		27	%		31	%		34	%		31	%		32	%
Money Market		29	%		31	%		34	%		43	%		45	%		43	%		39	%		32	%		30	%
Fixed Income		18	%		18	%		20	%		18	%		19	%		17	%		17	%		21	%		21	%
Alternative investments and overlay		13	%		13	%		10	%		10	%		9	%		9	%		10	%		16	%		17	%
Total		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%
Market value of assets under custody and administration at period-end (in trillions)	$	23.1		$	23.0		$	22.4		$	20.2		$	19.5		$	20.7		$	22.1		$	22.3		$	22.4
Market value of securities on loan at period-end	$	660		$	588		$	470		$	326		$	293		$	290		$	299		$	247		$	253
Market Indices
S&P 500 Index (a)		1323			1280			1166			903			798			919			1057			1115			1169
S&P 500 Index - daily average		1353			1371			1252			916			809			891			995			1088			1123
FTSE 100 Index (a)		5702			5626			4902			4434			3926			4249			5134			5413			5680
FTSE 100 Index-daily average		5891			5979			5359			4270			4040			4258			4708			5235			5431
NASDAQ Composite Index (a)		2279			2293			2092			1577			1529			1835			2122			2269			2398
Lehman Brothers Aggregate Bond Index (a)		281			270			256			275			262			280			304			301			300
MSCI EAFE Index (a)		2039			1967			1553			1237			1056			1307			1553			1581			1584
NYSE Volume (in billions)		159			141			180			181			161			151			126			112			103
NASDAQ Volume (in billions)		149			135			145			148			136			152			144			131			138

(a) Period end

Page 7 of 19

THE BANK OF NEW YORK MELLON CORPORATION

ASSETS UNDER MANAGEMENT NET FLOWS - 9 Quarter Trend

	2008												2009												2010
(dollar amounts in billions )	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Market value of assets under management at beginning of period	$	1,121		$	1,105		$	1,113		$	1,067		$	928		$	881		$	926		$	966		$	1,115
Net Flows
Long-term		(6	)		(8	)		(6	)		(22	)		(1	)		(17	)		(2	)		14			16
Money market		29			21			14			28			(11	)		(2	)		(14	)		(22	)		(25	)
Total net inflows		23			13			8			6			(12	)		(19	)		(16	)		(8	)		(9	)
Net Market appreciation/(depreciation)		(39	)		(6	)		(54	)		(137	)		(35	)		64			56			10			(1	)
Acquisitions/other		—			1			—			(8	)		—			—			—			147	(a)		—
Market value of assets under management at end of period	$	1,105		$	1,113		$	1,067		$	928		$	881		$	926		$	966		$	1,115		$	1,105

(a) Primarily includes acquisitions of Insight ($139 billion) and 20% interest in Singuler Guff ($8 billion).

Page 8 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

ASSET MANAGEMENT - 9 Quarter Trend

	2008												2009												2010
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr (a)			1st Qtr (a), (b)
Revenue:
Asset and wealth management
Mutual funds		323			340			328			297			263			266			274			266			242
Institutional clients		304			290			265			193			181			175			197			227			264
Private clients		45			47			43			35			32			31			34			38			38
Performance fees		20			16			3			44			7			26			1			59			13
Total asset and wealth management		692			693			639			569			483			498			506			590			557
Distribution and servicing		86			99			93			93			92			90			84			84			75
Other fee revenue (c)		(27	)		4			(47	)		(100	)		(96	)		(59	)		2			6			17
Total fee and other revenue		751			796			685			562			479			529			592			680			649
Net interest revenue (expense)		12			9			9			45			15			7			7			3			—
Total revenue		763			805			694			607			494			536			599			683			649
Noninterest expenses (ex. intangible amortization and support agreement charges)		557			528			488			478			412			419			415			465			453
Income before taxes (ex. intangible amortization and support agreement charges)		206			277			206			129			82			117			184			218			196
Support agreement charges		—			5			328			2			(14	)		—			32			—			—
Amortization of intangible assets		62			68			64			61			55			55			53			56			50
Income before taxes		144			204			(186	)		66			41			62			99			162			146
Average assets	$	13,238		$	13,410		$	13,286		$	13,135		$	12,663		$	12,404		$	12,424		$	12,859		$	14,928
Market value of assets under management at period-end (in billions) (d)	$	1,029		$	1,040		$	995		$	862		$	818		$	860		$	897		$	1,045		$	1,034
Pre-tax operating margin
GAAP		19	%		25	%		-27	%		11	%		8	%		12	%		16	%		24	%		23	%
Non-GAAP adjusted (e)		27	%		34	%		-18	%		21	%		19	%		22	%		25	%		32	%		30	%

(a) The fourth quarter of 2009 and the first quarter 2010 include the financial results for the Insight acquisition.

(b) Total fee and other revenue for the first quarter of 2010 includes income from consolidated asset management funds of $52 million, and net income attributable to noncontrolling interests of $30 million. The net of these income statement line items of $22 million is included above in Institutional clients revenue of $6 million and other revenue of $16 million.

(c) Includes investment write-downs of $24 million, $1 million, $3 million and $51 million in the first, second, third and fourth quarters of 2008, $34 million, $45 million and $0 million in the first, second and third quarters of 2009.

(d) Includes amounts subadvised for/by other segments.

(e) Excluding support agreement charges, investment write-downs and intangible amortization, pre-tax operating margin (Non-GAAP) was 29%, 35%, 30% and 27% for the first, second, third and fourth quarters of 2008, respectively, and 22%, 28%, 31% and 32% for the first, second, third and fourth quarters of 2009, respectively.

Page 9 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

WEALTH MANAGEMENT - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted)	2008												2009												2010
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Revenue:
Asset and wealth management		153			150			141			119			122			128			133			136			136
Securities servicing fees - Asset servicing		8			8			8			8			7			6			7			7			6
Other fee revenue		5			3			14			7			12			6			6			8			4
Total fee and other revenue		166			161			163			134			141			140			146			151			146
Net interest revenue (expense)		46			48			50			56			50			49			49			46			55
Total revenue		212			209			213			190			191			189			195			197			201
Provision for credit losses		-			(1	)		1			-			-			-			-			1			-
Noninterest expenses (ex. intangible amortization and support agreement charges)		142			143			142			143			129			136			135			138			136
Income before taxes (ex. intangible amortization and support agreement charges)		70			67			70			47			62			53			60			58			65
Support agreement charges		-			-			15			-			-			-			-			-			-
Amortization of intangible assets		13			13			14			14			11			11			12			11			9
Income before taxes		57			54			41			33			51			42			48			47			56
Average loans	$	4,390		$	4,816		$	5,231		$	5,309		$	5,388		$	5,684		$	6,010		$	6,191		$	6,302
Average assets	$	10,496		$	10,254		$	9,801		$	9,632		$	9,611		$	9,131		$	9,122		$	9,246		$	9,722
Average deposits	$	7,993		$	7,782		$	7,318		$	7,131		$	7,058		$	6,628		$	6,602		$	6,804		$	7,310
Market value of total client assets at period-end (in billions) (a)	$	164		$	162		$	158		$	139		$	132		$	142		$	151		$	154		$	157
Pre-tax operating margin
GAAP		27	%		26	%		20	%		18	%		27	%		22	%		25	%		24	%		28	%
Non-GAAP adjusted (excluding intangible amortization)		33	%		32	%		26	% (b)		25	%		32	%		28	%		31	%		29	%		32	%

(a) Includes assets under management, before amounts subadvised by/for other segments, of $76 billion in the first quarter of 2010; of $66 billion, $69 billion, $74 billion and $75 billion in the first, second, third and fourth quarters of 2009; of $84 billion, $81 billion, $77 billion and $69 billion in the first, second, third and fourth quarters of 2008.

(b) Excluding support agreement charges, pre-tax operating margin (Non-GAAP) was 34% for the third quarter of 2008.

Note: On June 3, 2008, we completed the sale of Mellon 1st Business Bank, National Association (N.A.); the financial results have been moved from the Wealth Management segment to the Other segment. Historical segment results have been restated to reflect these changes.

Page 10 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

ASSET SERVICING - 9 Quarter Trend

	2008												2009												2010
(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
Revenue:
Securities servicing fees - ex. securities lending (a)		634			648			631			583			504			557			573			581			569
Securities lending revenue		229			182			143			163			79			85			32			25			24
Foreign Exchange and other trading activities		202			228			262			372			210			216			190			177			170
Other fee revenue		44			36			47			25			48			46			50			33			35
Total fee and other revenue		1,109			1,094			1,083			1,143			841			904			845			816			798
Net interest revenue (expense)		222			213			240			411			249			211			229			205			210
Total revenue		1,331			1,307			1,323			1,554			1,090			1,115			1,074			1,021			1,008
Noninterest expenses (ex. intangible amortization and support agreement charges)		733			826			825			835			704			721			748			788			740
Income before taxes (ex. intangible amortization and support agreement charges)		598			481			498			719			386			394			326			233			268
Support agreement charges		14			(14	)		381			160			6			(15	)		(19	)		(5	)		(23	)
Amortization of intangible assets		7			5			6			6			7			9			6			6			6
Income before taxes		577			490			111			553			373			400			339			232			285
Average loans (a)	$	8,967		$	7,284		$	8,538		$	10,376		$	5,743		$	4,744		$	3,727		$	3,962		$	3,378
Average assets	$	52,468		$	54,763		$	57,795		$	71,455		$	65,204		$	58,339		$	59,914		$	59,980		$	59,704
Average deposits	$	46,092		$	48,436		$	51,492		$	64,500		$	57,084		$	50,583		$	52,271		$	51,755		$	52,183
Pre-tax operating margin
GAAP		43	%		37	%		8	%		36	%		34	%		36	%		32	%		23	%		28	%
Non-GAAP adjusted (excluding intangible amortization)		43	%		38	%		9	%(c)		36	%(c)		35	%		37	%		32	%		23	%		29	%
MEMO:
Market value of securities on loan at period-end (in billions) (b)	$	660		$	588		$	470		$	326		$	293		$	290		$	299		$	247		$	253

(a) Loan balances are primarily related to Broker-Dealer Services business within Asset Servicing.

(b) Represents the total amount of securities on loan (both cash and non-cash) managed by the Asset Servicing segment.

(c) Excluding support agreement charges, pre-tax operating margin (Non-GAAP) was 38% in the third quarter of 2008 and 46% in the fourth quarter of 2008.

Page 11 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

ISSUER SERVICES - 9 Quarter Trend

	2008												2009												2010
(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
Revenue:
Securities servicing fees - Issuer services		374			443			475			392			363			373			359			367			333
Other fee revenue		35			38			56			46			42			40			30			43			25
Total fee and other revenue		409			481			531			438			405			413			389			410			358
Net interest revenue (expense)		153			176			170			211			200			185			180			203			252
Total revenue		562			657			701			649			605			598			569			613			610
Provision for credit losses		—			—			—			—			—			—			—			—			—
Noninterest expenses (ex. intangible amortization)		318			349			349			319			297			305			304			318			304
Income before taxes (ex. intangible amortization)		244			308			352			330			308			293			265			295			306
Amortization of intangible assets		20			20			21			20			21			20			20			20			20
Income before taxes		224			288			331			310			287			273			245			275			286
Average assets	$	32,227		$	35,167		$	34,264		$	38,987		$	50,864		$	52,161		$	47,975		$	52,028		$	52,838
Average deposits	$	27,632		$	30,557		$	29,546		$	34,294		$	45,963		$	47,293		$	43,183		$	47,320		$	48,470
Pre-tax operating margin
GAAP		40	%		44	%		47	%		48	%		48	%		46	%		43	%		45	%		47	%
Non-GAAP adjusted (excluding intangible amortization)		43	%		47	%		50	%		51	%		51	%		49	%		47	%		48	%		50	%

Page 12 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

CLEARING SERVICES - 9 Quarter Trend

	2008												2009												2010
(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
Revenue:
Securities servicing fees - Clearing services		250			259			254			277			249			248			232			219			227
Other fee revenue		53			64			63			72			72			66			59			45			44
Total fee and other revenue		303			323			317			349			321			314			291			264			271
Net interest revenue (expense)		75			75			75			96			82			87			81			90			95
Total revenue		378			398			392			445			403			401			372			354			366
Provision for credit losses		—			—			—			—			—			—			—			—			—
Noninterest expenses (ex. intangible amortization)		263			291			282			268			252			256			245			241			255
Income before taxes (ex. intangible amortization)		115			107			110			177			151			145			127			113			111
Amortization of intangible assets		6			6			8			6			7			7			6			7			6
Income before taxes		109			101			102			171			144			138			121			106			105
Average loans	$	6,629		$	7,263		$	7,384		$	6,735		$	5,927		$	5,918		$	6,058		$	6,847		$	7,622
Average assets	$	16,408		$	17,395		$	18,471		$	21,128		$	18,600		$	17,014		$	17,827		$	20,365		$	20,338
Pre-tax operating margin
GAAP		29	%		25	%		26	%		38	%		36	%		34	%		33	%		30	%		29	%
Non-GAAP adjusted (excluding intangible amortization)		30	%		27	%		28	%		40	%		38	%		36	%		34	%		32	%		30	%

Note: During the first quarter of 2009, we moved the financial results of the Execution business from the Clearing Services segment to the Other segment. Historical results have been restated to reflect these changes.

Page 13 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

TREASURY SERVICES - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted)	2008												2009												2010
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Revenue:
Treasury services		121			125			125			129			121			128			124			130			127
Other fee revenue		103			125			135			93			106			52			82			92			98
Total fee and other revenue		224			250			260			222			227			180			206			222			225
Net interest revenue (expense)		185			155			159			231			159			157			149			148			176
Total revenue		409			405			419			453			386			337			355			370			401
Provision for credit losses		-			-			-			-			-			-			-			-			-
Noninterest expenses (ex. intangible amortization)		203			200			201			200			189			191			180			187			182
Income before taxes (ex. intangible amortization)		206			205			218			253			197			146			175			183			219
Amortization of intangible assets		7			7			6			7			6			7			6			6			6
Income before taxes		199			198			212			246			191			139			169			177			213
Average loans	$	15,690		$	15,938		$	14,995		$	16,353		$	13,921		$	13,228		$	11,648		$	10,982		$	10,436
Average assets	$	24,153		$	21,227		$	22,384		$	34,585		$	28,665		$	24,764		$	24,223		$	26,275		$	26,716
Average deposits	$	20,056		$	17,316		$	18,397		$	30,052		$	24,867		$	20,321		$	19,989		$	22,138		$	22,257
Pre-tax operating margin
GAAP		49	%		49	%		51	%		54	%		50	%		41	%		48	%		48	%		53	%
Non-GAAP adjusted (excluding intangible amortization)		50	%		51	%		52	%		56	%		51	%		43	%		49	%		50	%		55	%

Page 14 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

OTHER - 9 Quarter Trend

	2008												2009												2010
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr (b)			3rd Qtr (b)			4th Qtr (c)			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr (d)			1st Qtr (e)
Revenue:
Total fee and other revenue (a)		20			(116	)		(113	)		(1,031	)		(278	)		(223	)		(4,685	)		52			143
Net interest revenue (expense)		50			(288	)		(22	)		(3	)		20			4			21			29			(23	)
Total revenue		70			(404	)		(135	)		(1,034	)		(258	)		(219	)		(4,664	)		81			120
Provision for credit losses		14			14			22			54			59			61			147			64			35
Noninterest expenses (ex. intangible amortization and merger & integration expense)		127			143			79			244			130			142			120			291			291
Income before taxes and extraordinary (loss) (ex. intangible amortization and merger & integration expense)		(71	)		(561	)		(236	)		(1,332	)		(447	)		(422	)		(4,931	)		(274	)		(206	)
Amortization of intangible assets		4			4			(1	)		(1	)		-			(1	)		1			1			-
FDIC special assessment		-			-			-			-			-			61			-			-			-
Merger & integration expenses		126			149			111			97			68			59			54			52			26
Income before taxes and extraordinary (loss)		(201	)		(714	)		(346	)		(1,428	)		(515	)		(541	)		(4,986	)		(327	)		(232	)
Average loans	$	11,348		$	10,332		$	9,287		$	9,553		$	7,979		$	7,455		$	7,092		$	7,257		$	6,476
Average assets	$	49,147		$	41,381		$	40,465		$	52,688		$	32,146		$	32,413		$	32,224		$	31,459		$	30,015
Average deposits	$	15,959		$	14,141		$	12,216		$	11,478		$	10,062		$	6,923		$	6,507		$	5,378		$	4,144

(a) Total fee and other revenue includes investment write-downs of $51 million, $151 million, $156 million and $1,176 million for the first, second, third and fourth quarters of 2008; $316 million, $209 million and $4.8 billion in the first, second and third quarters of 2009 and gains of $15 million in the fourth quarter of 2009 and $7 million in the first quarter of 2010.

(b) The second and third quarter of 2008 include SILO/LILO charges which reduced net interest revenue by $377 million and $112 million, respectively.

(c) The fourth quarter of 2008 includes a $181 million pretax global efficiency restructuring charge.

(d) The fourth quarter of 2009 includes a $139 million pretax global efficiency restructuring charge.

(e) The first quarter of 2010 includes a $164 million pretax charge related to the litigation reserves for several existing matters.

Notes: The Other segment primarily includes the results of leasing operations, corporate treasury activities, business exits and corporate overhead.

On June 3, 2008, we completed the sale of Mellon 1st Business Bank, National Association (N.A.); the financial results have been moved from the Wealth Management segment to the Other segment. During the first quarter of 2009, the financial results of the Execution business have been moved from the Clearing Services segment to the Other segment. On June 30, 2009, we adopted discontinued operations accounting for Mellon United National Bank (MUNB) located in Miami, Florida; previously, the financial results were included in the Other segment. On January 15, 2010, we completed the sale of MUNB. Historical segment results have been restated to reflect all of these changes.

Page 15 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

	Asset Management									Wealth Management									Asset Servicing									Issuer Services
(dollar amounts in millions unless otherwise noted)	2009			2008			2007			2009			2008			2007			2009			2008			2007			2009			2008			2007
Revenue:
Securities servicing fees
Asset servicing		86			124			99			27			27			16			2,436			3,213			2,763			1			23			—
Issuer services		—			—			—			—			—			—			1			1			—			1,462			1,684			1,660
Clearing services		12			14			12			—			—			—			—			—			—			—			—			—
Total securities servicing fees		98			138			111			27			27			16			2,437			3,214			2,763			1,463			1,707			1,660
Asset and wealth management		1,984			2,510			2,724			519			563			609			—			—			—			1			—			—
Performance fees		93			83			171			—			—			—			—			—			—			—			—			—
Foreign exchange & other trading		20			20			14			7			14			3			793			1,064			604			85			80			37
Treasury services		—			—			—			3			3			3			10			8			11			2			1			—
Distribution and service fees		350			371			357			1			4			1			9			10			2			—			—			1
Financing-related fees		6			10			8			3			4			8			11			14			40			—			—			—
Investment Income		31			(82	)		(10	)		—			—			—			—			—			—			—			—			—
Other		(224	)		(178	)		(77	)		15			9			(9	)		146			130			170			66			71			66
Total fee revenue		2,358			2,872			3,298			575			624			631			3,406			4,440			3,590			1,617			1,859			1,764
Securities gains (losses)		(78	)		(78	)		(9	)		3			—			—			—			(11	)		—			—			—			1
Total fee and other revenue		2,280			2,794			3,289			578			624			631			3,406			4,429			3,590			1,617			1,859			1,765
Net interest revenue (expense)		32			75			5			194			200			170			894			1,086			755			768			710			617
Total revenue		2,312			2,869			3,294			772			824			801			4,300			5,515			4,345			2,385			2,569			2,382
Provision for credit losses		—			—			—			1			—			—			—			—			—			—			—			—
Noninterest expenses (ex. M&I expenses and intangible amortization)		1,729			2,386			2,158			538			585			558			2,928			3,760			2,999			1,224			1,335			1,203
Income before taxes and extraordinary (loss) (ex. M&I expenses and intangible amortization)		583			483			1,136			233			239			243			1,372			1,755			1,346			1,161			1,234			1,179
Amortization of intangible assets		219			255			166			45			54			29			28			24			18			81			81			75
Merger & integration expense		—			—			—			—			—			—			—			—			—			—			—			—
Income before taxes, noncontrolling interest and extraordinary (loss)		364			228			970			188			185			214			1,344			1,731			1,328			1,080			1,153			1,104
Average loans	$	—		$	—		$	—		$	5,821		$	4,938		$	4,089		$	4,537		$	8,795		$	7,810		$	—		$	—		$	—
Average assets	$	12,564		$	13,267		$	9,413		$	9,276		$	10,044		$	8,387		$	60,842		$	59,150		$	42,818		$	50,752		$	35,169		$	26,742
Average deposits	$	—		$	—		$	—		$	6,772		$	7,554		$	6,950		$	52,907		$	52,659		$	38,034		$	45,936		$	30,515		$	22,361
Market value of assets under management at period-end (in billions)	$	1,045		$	862		$	1,044		$	70		$	66		$	77		$	—		$	—		$	—		$	—		$	—		$	—
Market value of assets under custody and administration at period-end (in billions)	$	6		$	3		$	4		$	80		$	70		$	85		$	22,171		$	20,086		$	22,988		$	—		$	—		$	—
Market value of securities on loan at period-end (in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	247		$	326		$	633		$	—		$	—		$	—
Pre-tax operating margin - GAAP		16	%		8	%		29	%		24	%		23	%		27	%		31	%		31	%		31	%		45	%		45	%		46	%
Pre-tax operating margin (ex. intangible amortization) - Non-GAAP		25	%		17	%		34	%		30	%		29	%		30	%		32	%		32	%		31	%		49	%		48	%		49	%
Pre-tax operating margin - Non-GAAP (a)		30	%		30	%		34	%		31	%		30	%		30	%		42	%		42	%		31	%		48	%		48	%		49	%

(a) Excludes M&I expenses, the SILO/LILO/tax settlements, support agreement charges, restructuring charges, investment write-downs and intangible amortization expense.

Note: See pages 9-15 for details of revenue/expense items impacting respective segment results.

Page 16 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

	Clearing Services									Treasury Services									Other									Consolidated Results
(dollar amounts in millions unless otherwise noted)	2009			2008			2007			2009			2008			2007			2009			2008			2007			2009			2008			2007
Revenue:
Securities servicing fees
Asset servicing		—			—			—			24			6			13			(1	)		(23	)		(2	)		2,573			3,370			2,889
Issuer services		—			—			—			—			—			—			—			—			—			1,463			1,685			1,660
Clearing services		948			1,040			955			—			—			—			2			11			205			962			1,065			1,172
Total securities servicing fees		948			1,040			955			24			6			13			1			(12	)		203			4,998			6,120			5,721
Asset and wealth management		29			41			46			—			—			—			13			21			19			2,546			3,135			3,398
Performance fees		—			—			—			—			—			—			—			—			—			93			83			171
Foreign exchange & other trading		134			108			51			7			232			167			(10	)		(56	)		25			1,036			1,462			901
Treasury services		—			—			—			503			500			456			1			2			9			519			514			479
Distribution and service fees		—			—			—			45			41			14			(8	)		(5	)		—			397			421			375
Financing-related fees		1			2			2			196			160			176			(2	)		(4	)		1			215			186			235
Investment Income		—			—			—			33			50			12			162			239			215			226			207			217
Other		78			101			76			29			(30	)		54			1			111			83			111			214			363
Total fee revenue		1,190			1,292			1,130			837			959			892			158			296			555			10,141			12,342			11,860
Securities gains (losses)		—			—			—			(2	)		(3	)		—			(5,292	)		(1,536	)		(189	)		(5,369	)		(1,628	)		(197	)
Total fee and other revenue		1,190			1,292			1,130			835			956			892			(5,134	)		(1,240	)		366			4,772			10,714			11,663
Net interest revenue (expense)		340			321			303			613			730			576			74			(263	)		20			2,915			2,859			2,446
Total revenue		1,530			1,613			1,433			1,448			1,686			1,468			(5,060	)		(1,503	)		386			7,687			13,573			14,109
Provision for credit losses		—			—			—			—			—			—			331			104			(10	)		332			104			(10	)
Noninterest expenses (ex. M&I expenses and intangible amortization)		994			1,104			1,023			747			804			798			744			593			756			8,904			10,567			9,495
Income before taxes and extraordinary (loss) (ex. M&I expenses and intangible amortization)		536			509			410			701			882			670			(6,135	)		(2,200	)		(360	)		(1,549	)		2,902			4,624
Amortization of intangible assets		27			26			24			25			27			14			1			6			13			426			473			339
Merger & integration expense		—			—			—			—			—			—			233			483			528			233			483			528
Income before taxes, noncontrolling interest and extraordinary (loss)		509			483			386			676			855			656			(6,369	)		(2,689	)		(901	)		(2,208	)		1,946			3,757
Average loans	$	6,190		$	7,003		$	6,843		$	12,434		$	15,744		$	13,815		$	7,442		$	10,126		$	10,662		$	36,424		$	46,606		$	43,219
Average assets	$	18,455		$	18,358		$	14,967		$	25,971		$	25,603		$	20,736		$	32,079		$	45,925		$	44,451		$	209,939		$	207,516		$	167,514
Average deposits	$	—		$	—		$	—		$	21,816		$	21,470		$	17,144		$	7,221		$	13,441		$	14,876		$	134,652		$	125,639		$	99,365
Market value of assets under management at period-end (in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	1,115		$	928		$	1,121
Market value of assets under custody and administration at period-end (in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	22,257		$	20,159		$	23,077
Market value of securities on loan at period-end (in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	247		$	326		$	633
Pre-tax operating margin - GAAP		33	%		30	%		27	%		47	%		51	%		45	%		n/m			179	%		n/m			n/m			14	%		27	%
Pre-tax operating margin (ex. intangible amortization) - Non-GAAP		35	%		32	%		29	%		48	%		52	%		46	%		n/m			179	%		n/m			n/m			18	%		29	%
Pre-tax operating margin - Non-GAAP (a)		32	%		32	%		29	%		52	%		52	%		46	%		n/m			n/m			n/m			31	%		39	%		35	%
MEMO:
Securities lending revenue																													259			789			441

(a) Excludes M&I expenses, the SILO/LILO/tax settlements, support agreement charges, restructuring charges, investment write-downs and intangible amortization expense.

Note: See pages 9-15 for details of revenue/expense items impacting respective segment results.

n/m - not meaningful

Page 17 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

NONPERFORMING ASSETS

	2008												2009												2010
(dollar amounts in millions)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Loans:
Commercial real estate	$	49		$	106		$	118		$	130		$	197		$	63		$	63		$	61		$	50
Financial Institutions	$	—		$	—		$	—		$	41		$	30		$	39		$	180		$	172		$	102
Other residential mortgages		33			55			75			97			143			163			183			190			204
Commercial		50			52			65			14			34			43			71			65			40
Wealth Management		—			—			—			2			6			63			58			58			58
Foreign		78			60			1			—			2			1			—			—			—
Lease finance assets		—			—			—			—			—			—			—			—			—
Total nonperforming loans		210			273			259			284			412			372			555			546			454
Other assets owned		5			6			8			8			9			6			5			4			5
Total acquired property		—			—			—			—			—			—			—			—			—
Total nonperforming assets (a)	$	215		$	279		$	267		$	292		$	421		$	378		$	560		$	550		$	459
Nonperforming assets ratio		0.4	%		0.6	%		0.4	%		0.7	%		1.0	%		1.0	%		1.5	%		1.5	%		1.4	%
Allowance for loan losses/nonperforming loans		149.5			129.3			140.9			146.1			114.1			116.7			82.2			92.1			114.5
Allowance for loan losses/nonperforming assets		146.0			126.5			136.7			142.1			111.6			114.8			81.4			91.5			113.3
Total allowance for credit losses/nonperforming loans		231.9			178.0			190.7			186.3			135.7			141.4			107.4			115.0			140.5
Total allowance for credit losses/nonperforming assets		226.5			174.2			185.0			181.2			132.8			139.2			106.4			114.2			139.0

(a) Nonperforming assets at June 30, 2009, September 30, 2009 and December 31, 2009 excludes discontinued operations. Nonperforming assets for all periods prior to June 30, 2009 include discontinued operations.

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THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

ALLOWANCE FOR CREDIT LOSSES, PROVISION AND NET CHARGE-OFFS

	2008												2009												2010
(dollar amounts in millions)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Allowance for credit losses:
Allowance for loan losses	$	327		$	314		$	353		$	365		$	415		$	470		$	434		$	456		$	503
Allowance for lending-related commitments		167			173			133			129			114			89			92			140			125
Allowance at beginning of period		494			487			486			494			529			559			526			596			628
Net (charge-offs)/recoveries
Charge-offs		(14	)		(14	)		(27	)		(27	)		(51	)		(54	)		(77	)		(33	)		(37	)
Recoveries		1			1			5			2			1			—			—			—			12
Total Net (charge-offs)/recoveries		(13	)		(13	)		(22	)		(25	)		(50	)		(54	)		(77	)		(33	)		(25	)
Provision for credit losses (a)		16			25			30			60			59			61			147			65			35
Impact of Merger		—			—			—			—			—			—			—			—			—
Transfer to Discontinued Operations		—			—			—			—			21			(40	)		—			—			—
Sale of Mellon 1st Business Bank		—			(13	)		—			—			—			—			—			—			—
SFAS 159 Adoption		(10	)		—			—			—			—			—			—			—			—
Allowance at end of period		487			486			494			529			559			526			596			628			638
Allowance for loan losses	$	314		$	353		$	365		$	415		$	470		$	434		$	456		$	503		$	520
Allowance for lending related-commitments		173			133			129			114			89			92			140			125			118
Allowance at end of period (a)		487			486			494			529			559			526			596			628			638
Allowance for loan losses as a percentage of total loans (b)		0.60	%		0.70	%		0.62	%		0.96	%		1.13	%		1.14	%		1.26	%		1.37	%		1.30	%

(a) The allowance and provision for credit losses for the periods from the first quarter 2007 through the first quarter 2009 exclude discontinued operations.

(b) Excluding purchase accounting adjustments.

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