Business Context and Reporting Period
Company: The Bank of New York Mellon Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: April 17, 2013
Reporting Period: First Quarter 2013
This filing serves as a notification that the Registrant issued a press release on April 17, 2013, announcing its results of operations for the first quarter of 2013. The press release is furnished as Exhibit 99.1.
Key Financial Metrics
The Form 8-K text provided does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the press release (Exhibit 99.1) referenced in the filing but are not detailed in the body of this document.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. It only confirms the announcement of Q1 2013 results.
Guidance, Outlook, and Management Commentary
Non-GAAP Measures: The filing notes that Exhibit 99.1 contains non-GAAP financial measures. Management believes these measures are useful for analyzing financial results and trends of ongoing operations, facilitating comparisons with prior periods, and reflecting the principal basis on which management monitors performance. Additionally, management states this presentation allows investors to evaluate the impact of revenues from both taxable and tax-exempt sources.
Website Disclaimer: References to the company website (http://www.bnymellon.com/) in the press release are not deemed to include the contents of the website in the press release or this Form 8-K.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated April 17, 2013) for specific Q1 2013 revenue, earnings, and balance sheet figures.
- Analyze the non-GAAP financial measures provided in the press release to understand management's view of ongoing operations.
- Verify the reconciliation between GAAP and non-GAAP measures to assess the impact of taxable versus tax-exempt revenue sources.
- Confirm that the press release is not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, meaning it is not incorporated by reference into other filings.