Summary
The Bank of New York Mellon Corporation (BK) filed an 8-K on July 23, 2012, reporting on its second quarter 2012 results. The primary purpose of the filing was to provide information made available during their July 18, 2012, conference call and webcast regarding their financial performance. This included a "Quarterly Earnings Review" and "Financial Trends" document, which were furnished as exhibits to the filing. These furnished materials are important for investors as they offer insights into the company's operational results and financial condition for the second quarter. While not officially "filed" for SEC purposes, management believes these non-GAAP measures are crucial for understanding ongoing operational performance, facilitating comparisons with prior periods, and evaluating the impact of both taxable and tax-exempt revenues. Investors should review these exhibits for a deeper understanding of BK's performance during the reported quarter.
Key Highlights
- 1BK filed an 8-K on July 23, 2012, pertaining to its Q2 2012 financial results.
- 2The filing announces a conference call and webcast held on July 18, 2012, to discuss Q2 2012 results.
- 3Exhibits 99.1 (Quarterly Earnings Review) and 99.2 (Financial Trends) were made available on BK's website.
- 4These exhibits were furnished, not filed, with the SEC, meaning they are not subject to Section 18 of the Exchange Act.
- 5Management believes the furnished information, including non-GAAP measures, is useful for investors to analyze ongoing operations and financial trends.
- 6The materials are intended to facilitate comparisons with prior periods and evaluate revenue sources.
- 7The filing date of the 8-K is July 23, 2012, with the earliest event reported being July 18, 2012.