Summary
This Form 8-K filing from The Bank of New York Mellon Corporation (BK) on January 17, 2014, primarily serves to furnish a press release detailing the company's financial results for the fourth quarter of 2013. While the 8-K itself does not contain the specific financial figures, it directs investors to Exhibit 99.1, the press release, for detailed operational results and financial condition. Investors should note that the press release may include non-GAAP financial measures. Management considers these measures useful for analyzing ongoing operational results and trends, facilitating period-to-period comparisons, and providing a basis for performance monitoring. The filing emphasizes that these measures, along with the presentation of revenues from taxable and tax-exempt sources, are intended to help investors better evaluate the company's financial performance.
Key Highlights
- 1The Bank of New York Mellon Corporation (BK) filed an 8-K on January 17, 2014, to report its Q4 2013 earnings.
- 2The filing's primary purpose is to furnish a press release (Exhibit 99.1) announcing Q4 2013 results.
- 3The press release contains the detailed financial results for the fourth quarter of 2013.
- 4The filing notes the potential use of non-GAAP financial measures in the accompanying press release.
- 5Management believes non-GAAP measures are useful for assessing ongoing operations, trends, and comparisons.
- 6The press release presentation aims to allow investors to better evaluate revenues from both taxable and tax-exempt sources.