Summary
This 8-K filing from The Bank of New York Mellon Corporation (BK) on January 23, 2013, primarily serves to furnish investors with supplementary financial information. The report announces that on January 16, 2013, the company held a conference call and webcast to discuss its full-year 2012 and fourth-quarter 2012 results. In conjunction with this call, BK made available a "Quarterly Earnings Review" and "Financial Trends" document on its website. These documents, included as exhibits to the 8-K, provide detailed financial information and non-GAAP measures that management believes are crucial for investors to understand ongoing operational performance, facilitate period-over-period comparisons, and assess the impact of both taxable and tax-exempt revenues. Investors should refer to these furnished exhibits for in-depth financial insights.
Key Highlights
- 1BK conducted a conference call and webcast on January 16, 2013, to review full-year 2012 and Q4 2012 financial results.
- 2The company furnished investors with a "Quarterly Earnings Review" (Exhibit 99.1) and "Financial Trends" (Exhibit 99.2) documents.
- 3These supplementary documents are available on BK's website.
- 4The furnished exhibits contain non-GAAP financial measures, which management finds useful for analysis.
- 5Management believes these non-GAAP measures aid in assessing ongoing operations, comparing financial periods, and evaluating revenue sources.
- 6The filing clarifies that exhibits 99.1 and 99.2 are 'furnished' and not 'filed' for Section 18 purposes, meaning they are informational but not subject to the same level of formal review.
- 7The earliest event reported is January 16, 2013.