The Bank of New York Mellon Corporation announced consolidated earnings results for the fourth quarter and year-to-date ended December 31, 2013. For the quarter, the company reported interest revenue of $846 million, net interest revenue of $761 million, income before income taxes of $711 million and net income applicable to common shareholders of the company of $513 million or $0.44 per diluted share compared to interest revenue of $843 million, net interest revenue of $725 million, income before income taxes of $853 million and net income applicable to common shareholders of the company of $622 million or $0.53 per diluted share. Return on common equity - GAAP was 5.7% against 7.1% and return on common equity excluding amortization of intangible assets and M&I, litigation and restructuring charges - Non-GAAP was 6.3% against 8.2% reported last year. Book value per common share was $31.48 against $30.39 and tangible book value per common share - Non-GAAP was $13.97 against $12.82 reported last year. Total revenue - GAAP was $3,594 million against $3,617 million a year ago. Net income applicable to common shareholders of The Bank of New York Mellon Corporation, non-GAAP was $628 million or $0.54 per diluted share.

For the year to date, the company reported interest revenue of $3,352 million, net interest revenue of $3,009 million, income before income taxes of $3,712 million and net income applicable to common shareholders of the company of $2,047 million or $1.74 per diluted share compared to interest revenue of $3,507 million, net interest revenue of $2,973 million, income before income taxes of $3,302 million and net income applicable to common shareholders of the company of $2,427 million or $2.03 per diluted share. Return on common equity - GAAP was 5.9% against 7.1% and return on common equity excluding amortization of intangible assets and M&I, litigation and restructuring charges - Non-GAAP was 8.3% against 8.8% reported last year. Total revenue - GAAP was $14,983 million against $14,555 million a year ago.

The bank has declared a quarterly common stock dividend of $0.15 per common share. This cash dividend is payable on February 7, 2014 to shareholders of record as of the close of business on January 31, 2014.