Summary
The Bank of New York Mellon Corporation (BK) filed an 8-K on July 19, 2013, to report on its second quarter 2013 results. The primary purpose of the filing was to furnish the company's Quarterly Earnings Review and Financial Trends information, which were made available in conjunction with a conference call and webcast held on July 17, 2013. These documents provide investors with detailed insights into the company's operational performance and financial condition during the quarter. While the 8-K itself does not contain the specific financial figures, it directs investors to the furnished exhibits (Exhibit 99.1 and 99.2) for a comprehensive understanding of BK's Q2 2013 performance. Management highlighted that these materials include "non-GAAP financial measures" deemed useful for analyzing ongoing operations, facilitating period-over-period comparisons, and evaluating the impact of revenues from both taxable and tax-exempt sources.
Key Highlights
- 1BK filed an 8-K on July 19, 2013, related to its Q2 2013 financial results.
- 2The filing primarily furnishes the company's Quarterly Earnings Review (Exhibit 99.1) and Financial Trends (Exhibit 99.2).
- 3These materials were released in conjunction with a conference call and webcast on July 17, 2013.
- 4The furnished exhibits contain information that may be considered non-GAAP financial measures.
- 5Management believes these non-GAAP measures are valuable for assessing ongoing operations and financial trends.
- 6The filings aim to facilitate comparisons with prior periods and evaluate revenue impacts from different sources.
- 7Exhibits 99.1 and 99.2 are 'furnished,' not 'filed,' meaning they are not subject to Section 18 of the Securities Exchange Act of 1934.