Business Context and Reporting Period
Company: The Bank of New York Mellon Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: January 18, 2012
Subject: Announcement of results of operations for the full year 2011 and the fourth quarter of 2011.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. This 8-K serves as a notification that a press release containing these details has been issued. The specific financial data is located in Exhibit 99.1 (Press Release dated January 18, 2012), which is furnished with this report but not included in the text of the 8-K itself.
Material Changes
The filing does not detail specific material changes versus prior periods. It references the press release for the announcement of results for the full year 2011 and fourth quarter 2011.
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 in the press release do not 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 January 18, 2012) for specific revenue, earnings, and balance sheet figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP results as presented in the press release.
- Confirm the breakdown of taxable versus tax-exempt revenue sources if relevant to investment strategy.
- Note that the press release is furnished and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.