State Street

State Street Corp. operates as a financial holding company. It conducts business primarily through State Street Bank. The firm operates through following business lines: Investment Servicing and Investment Management. The Investment Servicing business offers custody, product and participant-level accounting, daily pricing and administration, master trust and master custody, record-keeping, cash management, foreign exchange, brokerage and other trading services, securities finance, deposit and short-term investment facilities, loans and lease financing, investment manager and alternative investment manager operations outsourcing, and performance, risk and compliance analytics. The Investment Management business provides services through State Street Global Advisors, which provides a broad array of investment management, investment research and investment advisory services to corporations, public funds and other sophisticated investors. It offers strategies for managing financial assets, including passive and active, such as enhanced indexing, using quantitative and fundamental methods for both the U.S. and global equities and fixed-income securities. The company was founded in 1792 and is headquartered in Boston, MA.

Earnings data Q1 2021

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State Street exceeds Q4 expectations, eyes growth amidst challenges

State Street's Q4 2022 performance showcased resilience in a tough economic environment, with a focus on cost management and capital strength. The company is optimistic about growth opportunities in 2023, despite facing challenges in asset servicing and interest income forecasting.

State Street Q1 2023 Earnings: Resilient Performance Amid Market Challenges

State Street navigated market volatility in Q1, maintaining financial strength and returning capital to shareholders. Challenges include managing expenses, revenue impact from customer behavior, and provisioning sensitivity. Opportunities lie in revenue growth from acquisitions, new business installations, and optimizing RWA dynamics.

State Street reports solid Q2 performance amidst NII challenges

State Street delivered strong financial results in Q2 2023, with growth in key metrics and a focus on capital management and productivity enhancements.
Challenges lie ahead in NII, expense control, and potential regulatory impacts, but the company is proactively addressing these issues.
Opportunities exist in asset growth, deposit management, and client relationships, positioning State Street for continued success in the financial services industry.

State Street reports robust Q3 earnings, eyes private market growth

State Street's Q3 performance showcased strong financial results, emphasizing growth in AUC/A and successful asset servicing wins. The company's focus on cost management, revenue growth, and strategic initiatives positions it well for positive fee operating leverage in 2024. Challenges include managing expenses amid inflationary pressures and navigating evolving market dynamics.

State Street reports robust 2023 performance amidst NII challenges

State Street's strong financial performance, strategic initiatives, and shareholder value focus position the company for continued growth and resilience in 2024.
While facing challenges such as potential NII declines and regulatory uncertainties, State Street can leverage opportunities in digital assets, private markets, and client base expansion for future success.
By navigating challenges effectively, capitalizing on growth opportunities, and maintaining financial strength, State Street aims to drive positive performance and value creation for shareholders in the year ahead.

State Street (STT) reports strong Q1 performance and growth opportunities

State Street's Q1 2024 performance showcased robust financial results, record AUC/A, and strategic priorities for growth and efficiency.
While challenges like NII decline and expense management persist, opportunities in productivity enhancement and private markets growth are promising.
Investors can look forward to capital returns and ongoing technology investments driving operational improvements at State Street.
Overall, State Street's focus on financial strength, operational efficiency, and strategic growth initiatives positions it well for the future.

State Street reports strong Q2 earnings, eyes growth opportunities

State Street's Q2 2024 earnings call highlighted robust financial performance, strategic wins in asset services, and a focus on client engagement and operational efficiency.
The company's emphasis on sustained momentum, organic growth, and shareholder value enhancement underscored its commitment to driving long-term success and delivering value to stakeholders.
While facing potential challenges from market dynamics and regulatory changes, State Street remains well-positioned to leverage opportunities for growth, innovation, and market expansion in the financial services sector.

State Street reports record Q3 earnings and strategic growth outlook

State Street's Q3 2024 earnings call highlighted strong financial performance, operational efficiency, and strategic growth initiatives. The company achieved record EPS, strong ROE, and revenue growth, supported by the success of its State Street Alpha platform and Global Advisors.
While facing challenges such as CFO transition and market dynamics, State Street remains well-positioned to capitalize on opportunities for expansion, innovation, and sustainable growth. The company's focus on shareholder value, client trust, and market recognition underpins its competitive strength and resilience.
With an improved outlook, State Street is poised to navigate challenges, leverage opportunities, and drive long-term value creation for stakeholders. By prioritizing innovation, client-centric solutions, and financial stewardship, State Street aims to sustain its growth trajectory and competitive edge in the financial services industry.

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State Street Corp. engages in the provision of financial services to institutional investors. It operates through the Commercial and Financial Loans, and Commercial Real Estate Loans segments. The company was founded in 1792 and is headquartered in Boston, MA.

State Street Corp reported a first-quarter profit on Monday that missed analysts' estimates, hurt by a fall in fee income due to the recent U.S. banking crisis, sending the company's shares down 10% in premarket trading.

State Street profit misses on lower fee income; shares fall

Charles Schwab

M&T Bank

Charles Schwab stock rose early Monday after it beat Q1 earnings estimates. M&T Bank, State Street report results following March bank panic.

Charles Schwab Stock Rises After Earnings Beat, Pauses Buybacks; M&T Rallies, State Street Dives

State Street posts first-quarter diluted earnings of $1.52 per share, missing analysts' expectations of $1.64 per share.

State Street Earnings Miss the Mark. The Stock Tumbles.

Prometheus Biosciences

XPeng

Here are some of the biggest movers on Monday:

Prometheus Biosciences, XPeng and State Street are among the stocks on the move

State Street Corp. STT, +1.55% stock fell 6% in premarket trades after the Boston-based financial firm missed consensus estimates for profit and revenue. State Street said its first-quarter net income fell to $549 million, or $1.52 a share, from $604 million, or $1.57 a share, in the year-ago quarter.

State Street stock drops on earnings miss tied to lower fee revenue

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its first-quarter 2023 financial results today. The news release, presentation, and additional financial information can be accessed on State Street's Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm's financial results, outlook and related matters will be held at 9:00 a.m. ET today, Monday, April 17, 2023. The call will be open to the public.

State Street Reports First-Quarter 2023 Financial Results

Bank of New York Mellon

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Nasdaq

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We have narrowed our search to five U.S. corporate bigwigs that are set to report first-quarter 2023 earnings results next week. These are: BK, TSLA, DFS, STT and NDAQ.

5 U.S. Giants Set to Beat on Q1 Earnings Next Week

State Street Corporation (STT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can State Street Corporation (STT) Keep the Earnings Surprise Streak Alive?

Goldman Sachs

Morgan Stanley

Jefferies analysts on Tuesday said Morgan Stanley, Goldman Sachs Group Inc., Bank of New York Mellon Corp. and State Street Corp. remain more attractive than other big banks ahead of first-quarter earnings season.

Goldman Sachs, Morgan Stanley, BNY Mellon and State Street top Jefferies list for Q1 bank earnings

Corning

ONEOK

PNC Financial Services

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Truist Financial

Unilever

Exxon Mobil

I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The annualized rate of return for this watchlist is 14.14% over the past 29 months.

My Top 10 High Yield Dividend Stocks For April 2023

Crescent Point Energy

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Realty Income Corp

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Walgreens

When the Federal Reserve raised interest rates again by 25 basis points, investors seeking stable holdings needed to consider income stocks to buy. The Fed's benchmark rate is rising to a range of between 4.75% and 5.0%.

7 Must-Buy Income Stocks After the Fed Raised Interest Rates Again

State Street (STT) signs an agreement to acquire CF Global Trading, a firm that specializes in outsourced trading.

State Street (STT) Enters Deal to Acquire CF Global Trading

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today it has entered into a definitive agreement to acquire CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income. The transaction is expected to be completed by the end of 2023, subject to customary closing conditions. Financial terms are not being disclosed.

State Street Further Expands Outsourced Trading Capabilities

State Street Corporation (STT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

State Street Corporation (STT) Loses -21.99% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

First Republic

Bank of America

Citigroup

JPMorgan Chase & Co

U.S. Bancorp

Wells Fargo

The stocks of the 11 banks that contributed $30 billion in uninsured deposits to embattled lender First Republic Bank on Thursday were all lower in premarket trade Friday, amid concerns the unprecedented action had failed to prop up the regional bank's stock. First Republic Bank stock FRC, +9.98% was down 4% premarket, after it said it would suspend its dividend to conserve cash.

Stocks of 11 banks that pumped $30 billion into First Republic Bank all lower premarket

Fears of the collapse of Silicon Valley Bank have sent financial stocks crashing like crypto in 2022! The world's best banks are trading like they did during the Financial Crisis, even though there is no crisis looming.

State Street: A SWAN Bank That Could Triple In 6 Years

Leading US banks have joined forces to deposit US$30bn into First Republic Bank in an attempt to bolster its finances and contain the fallout from the collapse of two big lenders, Silicon Vallye Bank and Signature Bank, in the past week. JPMorgan Chase, Bank of America, Citigroup and Wells Fargo will each deposit US$5bn into First Republic, a California-based lender.

US banks join forces to pump US$30bn into First Republic

Eleven large U.S. banks are making uninsured deposits totaling $30 billion into First Republic Bank.

JPMorgan, BofA, 9 Other Banks Deposit $30 Billion in First Republic

After almost a week of turmoil, the banking world finally has some good news. First Republic Bank (NYSE: FRC ) has been struggling since the collapse of SVB Financial's (NASDAQ: SIVB ) principal subsidiary, Silicon Valley Bank, last week.

Bank Stocks Alert: Major Banks Team Up for $30 Billion Deal to Help First Republic

Bank of America BAC , Citigroup C , JPMorgan Chase JPM and Wells Fargo WFC said Thursday they are each making $5 billion uninsured deposits as part of a $30 billion package from 11 banks into First Republic Bank FRC. The move “reflects their confidence in First Republic and in banks of all sizes,” the banks said in a joint statement.

Eleven U.S. banks pledge $30 billion for First Republic

Comerica

East West Bancorp

Northern Trust

Signature Bank

SVB Financial Group

High levels of uninsured deposits helped do in Silicon Valley Bank and Signature Bank. But it turns out they're not alone.

Report: 10 Banks Are Most Exposed To Uninsured Deposits

SVB's epic two-day collapse has caused terror in financial markets and sent bonds on their 5th best two-day run in history. The Treasury, FDIC, and Fed have now created a plan to backstop all US deposits at FDIC-insured banks. The risk of a GFC level collapse has fallen to basically zero.

Profit From The SVB Crisis With 3 High-Yield Blue-Chip Bank Bargains

State Street's stock (NYSE: STT) has gained 12% YTD, as compared to the 4% rise in the S&P500 over the same period.

Where Is State Street Stock Headed?

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its first-quarter 2023 financial results on Monday, April 17, 2023 at approximately 7:30 a.m. ET. The results will be reviewed via webcast and teleconference at 9:00 a.m. ET. The conference call will be accessible via audio webcast on State Street's Investor Relations website, http://investors.statestreet.com, and by telephone at (+1) 888-886-7786 (Conference ID: 24159898).

State Street Corporation Announces Date for Release of First-Quarter 2023 Financial Results and Conference Call Webcast

Assetmark Financial Holdings Inc

Everest RE Group

Recent strength in the labor market has bolstered rate hike expectations. Invest in financial stocks like State Street (STT), Everest Re Group (RE) & AssetMark Financial (AMK).

News for State Street Stock (STT)