8-KEarnings & ResultsExhibits & Filings

Bank of New York Mellon Corp 8-K Report, Financial Results (Apr 26, 2010)

Filed April 26, 2010For Securities:BKBK-PKBNYBNY-PK

Summary

The Bank of New York Mellon Corporation (BK) filed an 8-K on April 26, 2010, to report on its first-quarter 2010 financial results. The report primarily serves to furnish supplementary information, including a Quarterly Earnings Review and Financial Trends, which were made available in conjunction with a conference call and webcast held on April 20, 2010. These documents provide investors with a more detailed look at the company's operational performance and financial condition for the period. Management has provided these materials to aid the investment community in analyzing the company's financial results and trends, believing they facilitate comparisons with prior periods and better reflect how management monitors performance. The inclusion of non-GAAP financial measures is noted, with management asserting their utility in evaluating both taxable and tax-exempt revenue impacts and overall financial performance.

Key Highlights

  • 1BK filed an 8-K on April 26, 2010, related to its Q1 2010 financial results.
  • 2The filing includes a Quarterly Earnings Review (Exhibit 99.1) and Financial Trends (Exhibit 99.2).
  • 3These documents were made available on April 20, 2010, coinciding with a conference call and webcast.
  • 4The provided information is furnished, not filed, meaning it's supplementary and not subject to Section 18 of the Exchange Act.
  • 5Management believes these materials, including non-GAAP measures, offer valuable insights into ongoing operations and financial performance.
  • 6The materials are intended to help investors analyze results, compare periods, and understand revenue sources (taxable and tax-exempt).

Frequently Asked Questions

The primary purpose of this 8-K filing is to furnish investors with supplementary financial information for The Bank of New York Mellon Corporation's first quarter of 2010. This includes a Quarterly Earnings Review and Financial Trends, presented alongside a conference call and webcast.

No, the documents (Exhibit 99.1 and 99.2) are marked as 'furnished' rather than 'filed.' This means they are supplementary materials intended for informational purposes and are not subject to the same level of SEC review or liability under Section 18 of the Securities Exchange Act of 1934 as 'filed' documents.

The company's management believes that these non-GAAP financial measures are useful for the investment community. They are intended to facilitate a clearer analysis of financial results and trends, enable better comparisons with prior periods, and provide insight into how management monitors the company's performance, particularly regarding revenues from both taxable and tax-exempt sources.

The detailed financial results and trends for Q1 2010 are provided in Exhibit 99.1 (Quarterly Earnings Review) and Exhibit 99.2 (Financial Trends), which were furnished with this 8-K filing and made available on the company's website on April 20, 2010.