BNY Mellon Sets Q4/FY23 Earnings Release for Jan 17
Ticker: BK-PK · Form: 8-K · Filed: Jan 12, 2024 · CIK: 1390777
| Field | Detail |
|---|---|
| Company | Bank Of New York Mellon Corp (BK-PK) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings-date, investor-relations, financial-reporting
TL;DR
**BNY Mellon (BK) dropping Q4/FY23 earnings pre-market Jan 17, conference call at 8 AM ET.**
AI Summary
The Bank of New York Mellon Corporation filed an 8-K on January 12, 2024, to announce its upcoming earnings release for the fourth quarter and full year 2023. The company will issue a press release before the market opens on January 17, 2024, and host a conference call at 8:00 a.m. ET to discuss the results. This matters to investors because it provides a clear timeline for when they can expect to receive crucial financial performance data, which will likely influence the stock price (BK) based on whether the results meet or exceed expectations.
Why It Matters
This filing sets the date for BNY Mellon's next earnings report, which is a key event for investors to assess the company's financial health and future prospects. The results will directly impact investor sentiment and potentially the stock's performance.
Risk Assessment
Risk Level: low — This filing is purely informational, announcing an upcoming event, and does not contain any immediate financial risks or changes to the company's operations.
Analyst Insight
A smart investor would mark January 17, 2024, on their calendar and prepare to analyze the earnings report and listen to the conference call to understand BNY Mellon's financial performance before making any investment decisions.
Key Players & Entities
- Bank of New York Mellon Corp (company) — the registrant filing the 8-K
- January 12, 2024 (date) — date of earliest event reported and filing date
- January 17, 2024 (date) — date of the earnings release and conference call
- 8:00 a.m. ET (time) — start time of the conference call
- New York Stock Exchange (company) — exchange where BNY Mellon's Common Stock (BK) is registered
Forward-Looking Statements
- BNY Mellon's stock (BK) will experience increased volatility around January 17, 2024. (BK) — high confidence, target: 2024-01-17
- Analyst reports and price targets for BNY Mellon will be updated shortly after the earnings release. (BNY Mellon) — high confidence, target: 2024-01-24
FAQ
What is the purpose of this 8-K filing by The Bank of New York Mellon Corporation?
The purpose of this 8-K filing is to announce the date and time for the release of the company's fourth quarter and full year 2023 financial results, and the related conference call.
When will The Bank of New York Mellon Corporation release its fourth quarter and full year 2023 financial results?
The Bank of New York Mellon Corporation will release its fourth quarter and full year 2023 financial results before the market opens on Wednesday, January 17, 2024.
What time is the conference call scheduled for to discuss the financial results?
The conference call to discuss the financial results is scheduled for 8:00 a.m. ET on Wednesday, January 17, 2024.
What is the trading symbol for The Bank of New York Mellon Corporation's Common Stock?
The trading symbol for The Bank of New York Mellon Corporation's Common Stock is BK, and it is registered on the New York Stock Exchange.
What items of information are included in this 8-K filing?
This 8-K filing includes Item 2.02 (Results of Operations and Financial Condition), Item 7.01 (Regulation FD Disclosure), and Item 9.01 (Financial Statements and Exhibits).
Filing Stats: 739 words · 3 min read · ~2 pages · Grade level 10 · Accepted 2024-01-12 06:30:24
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value BK New York Stock Exchange
Filing Documents
- bk-20240112.htm (8-K) — 32KB
- ex991_earningsreleasex4q23.htm (EX-99.1) — 864KB
- ex992_financialsupplementx.htm (EX-99.2) — 1521KB
- ex993_financialhighlight.htm (EX-99.3) — 55KB
- bnym_logox3a.jpg (GRAPHIC) — 42KB
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- 0001390777-24-000003.txt ( ) — 7342KB
- bk-20240112.xsd (EX-101.SCH) — 2KB
- bk-20240112_def.xml (EX-101.DEF) — 17KB
- bk-20240112_lab.xml (EX-101.LAB) — 32KB
- bk-20240112_pre.xml (EX-101.PRE) — 17KB
- bk-20240112_htm.xml (XML) — 4KB
02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On January 12, 2024, The Bank of New York Mellon Corporation ("BNY Mellon") released information on its financial results for the fourth quarter ended December 31, 2023. Copies of the Earnings Release and the Financial Supplement are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.
01. REGULATION FD DISCLOSURE
ITEM 7.01. REGULATION FD DISCLOSURE. On January 12, 2024, BNY Mellon will hold a conference call and webcast to discuss its financial results for the fourth quarter ended December 31, 2023 and outlook. A copy of the Financial Highlights presentation for the conference call and webcast is attached hereto as Exhibit 99.3.
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) EXHIBITS. Exhibit Number Description 99.1 The Bank of New York Mellon Corporation Earnings Release dated January 12, 2024, announcing financial results for the fourth quarter of 2023. The quotation in Exhibit 99.1 (the "Excluded Section") shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of BNY Mellon under the Securities Act of 1933 or the Exchange Act. The information included in Exhibit 99.1, other than in the Excluded Section, shall be deemed "filed" for purposes of the Exchange Act. 99.2 The Bank of New York Mellon Corporation Financial Supplement dated January 12, 2024, for the fourth quarter of 2023. The information included in Exhibit 99.2 shall be deemed "filed" for purposes of the Exchange Act. 99.3 Fourth Quarter 2023 Financial Highlights Presentation dated January 12, 2024. The information included in Exhibit 99.3 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of BNY Mellon under the Securities Act of 1933 or the Exchange Act. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The Bank of New York Mellon Corporation (Registrant) Date: January 12, 2024 By: /s/ Jean Weng Name: Title: Jean Weng Secretary 3