8-KEarnings & ResultsExhibits & Filings

Bank of New York Mellon Corp 8-K Report, Financial Results (Jul 22, 2011)

Filed July 22, 2011For Securities:BKBK-PKBNYBNY-PK

Summary

This Form 8-K filing by The Bank of New York Mellon Corporation (BK) on July 22, 2011, primarily announces the company's conference call and webcast to discuss its second quarter 2011 financial results. The company made available detailed "Quarterly Earnings Review" and "Financial Trends" information on its website on July 19, 2011, which are furnished as exhibits to this report. Investors should note that these furnished exhibits may contain "non-GAAP financial measures." The company states that management believes these measures are valuable for analyzing financial results and trends, facilitating comparisons with prior periods, and evaluating the impact of revenues from both taxable and tax-exempt sources. While these materials provide insights into the company's performance, they are considered "furnished" rather than "filed" and thus do not carry the same legal implications under Section 18 of the Securities Exchange Act of 1934.

Key Highlights

  • 1BK held a conference call and webcast on July 19, 2011, to discuss its Q2 2011 financial results.
  • 2Detailed Q2 2011 earnings review and financial trends were made available on the company's website on July 19, 2011.
  • 3These materials (Exhibit 99.1 and 99.2) are furnished as part of the 8-K filing.
  • 4The furnished exhibits may include non-GAAP financial measures, considered useful by management for performance analysis.
  • 5Management believes non-GAAP measures aid in comparing financial results across periods and evaluating revenue sources.
  • 6The information provided is intended to help investors evaluate ongoing operational performance.
  • 7Exhibits are "furnished" under General Instruction B.2. of Form 8-K, not "filed" under Section 18 of the Exchange Act.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally report that The Bank of New York Mellon Corporation held a conference call and webcast on July 19, 2011, to discuss its second quarter 2011 financial results. It also serves to make available the accompanying financial review materials.

The detailed "Quarterly Earnings Review" (Exhibit 99.1) and "Financial Trends" (Exhibit 99.2) for the second quarter of 2011 were made available on the company's website on July 19, 2011. These documents are furnished as exhibits to this 8-K report.

The filing notes that the exhibits may contain "non-GAAP financial measures." While the company believes these measures are useful for analysis, investors should be aware that they are not prepared in accordance with Generally Accepted Accounting Principles (GAAP). These exhibits are "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.

The Bank of New York Mellon Corporation's management believes that non-GAAP financial measures are useful to the investment community for analyzing financial results and trends of ongoing operations. They also facilitate comparisons with prior periods and help investors better evaluate the impact of revenues from both taxable and tax-exempt sources.