Contract revenue (Tables)

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

The following tables present fee and other revenue related to contracts with customers, disaggregated by type of fee revenue, for each business segment. Business segment data has been determined on an internal management basis of accounting, rather than GAAP which is used for consolidated financial reporting.


Disaggregation of contract revenue by business segment
	Year ended Dec. 31,
	2025										2024
(in millions)	Securities Services		Market and Wealth Services		Investment and Wealth Management		Other		Total		Securities Services		Market and Wealth Services		Investment and Wealth Management		Other		Total
Fee and other revenue – contract revenue:
Investment services fees	$	5,671	$	4,393	$	103	$	(70)	$	10,097	$	5,204	$	4,103	$	105	$	(68)	$	9,344
Investment management and performance fees	—		11		3,086		(14)		3,083		—		7		3,149		(13)		3,143
Financing-related fees	55		27		1		—		83		51		24		1		—		76
Distribution and servicing fees	4		(133)		275		—		146		4		(123)		275		2		158
Investment and other revenue	291		278		(429)		(6)		134		248		251		(379)		4		124
Total fee and other revenue – contract revenue	6,021		4,576		3,036		(90)		13,543		5,507		4,262		3,151		(75)		12,845
Fee and other revenue – not in scope of ASC 606 (a)(b)	999		328		48		184		1,559		941		273		62		173		1,449
Total fee and other revenue	$	7,020	$	4,904	$	3,084	$	94	$	15,102	$	6,448	$	4,535	$	3,213	$	98	$	14,294

(a) Primarily includes investment services fees, foreign exchange revenue, financing-related fees and investment and other revenue, all of which are accounted for using other accounting guidance.

(b) The Investment and Wealth Management business segment is net of income attributable to noncontrolling interests related to consolidated investment management funds of $34 million in 2025 and $13 million in 2024.


Disaggregation of contract revenue by business segment	Year ended Dec. 31, 2023
(in millions)	Securities Services		Market and Wealth Services		Investment and Wealth Management		Other		Total
Fee and other revenue – contract revenue:
Investment services fees	$	4,959	$	3,805	$	99	$	(63)	$	8,800
Investment management and performance fees	—		8		3,067		(12)		3,063
Financing-related fees	37		14		1		—		52
Distribution and servicing fees	6		(98)		241		—		149
Investment and other revenue	236		207		(323)		1		121
Total fee and other revenue – contract revenue	5,238		3,936		3,085		(74)		12,185
Fee and other revenue – not in scope of ASC 606 (a)(b)	791		224		(98)		248		1,165
Total fee and other revenue	$	6,029	$	4,160	$	2,987	$	174	$	13,350

(a) Primarily includes investment services fees, foreign exchange revenue, financing-related fees and investment and other revenue, all of which are accounted for using other accounting guidance.

(b) The Investment and Wealth Management business segment is net of income attributable to noncontrolling interests related to consolidated investment management funds of $2 million in 2023.

Bank of New York Mellon Corp 10-K