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.

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LOS ANGELES--(BUSINESS WIRE)---- $STT #STT--The Schall Law Firm Announces it is Investigating Claims Against State Street Corporation and Encourages Investors with Losses to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against State Street Corporation and Encourages Investors with Losses to Contact the Firm

State Street Corporation (STT) Q1 2023 Earnings Call Transcript

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Earnings season kicked off with strong figures from major banks last week, but new reports from financial services monolith State Street and tech startup Roblox have led to steep stock declines on Monday.

Stock Market Warning Signs Mount As State Street And Roblox Suffer Steep Losses After Earnings

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against State Street Corporation and Encourages Investors with Losses to Contact the Firm

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Banks across the board are under pressure to pay depositors more as interest rates continue to rise.

State Street, Schwab See Deposits Drop

State Street (NYSE: STT) shares have declined by more than 10% in today's trading session, past any standard deviations experienced in the past on a normalized basis by investors. This reaction is attributed to market sentiment reflecting what has been reported in the latest quarterly earnings.

Why State Street Stock Is Sliding After Announcing Earnings

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Regional banks in the United States on Monday reported deposit outflows between 3% and 11% from the prior quarter after customers sought the refuge of bigger banks in the aftermath of one of the worst banking crises.

Factbox: Deposit flight from U.S. regional banks raise questions about funding costs

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This is Why State Street Corporation (STT) is a Great Dividend Stock

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First-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts at Jefferies said Monday.

Bank earnings ‘off to a good start,' with Bank of America and Goldman Sachs on deck

Earnings missed analyst estimates. The bank saw a decline in fee revenue.

Why Shares of State Street Are Plunging Today

State Street Corporation (STT) came out with quarterly earnings of $1.52 per share, missing the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.59 per share a year ago.

State Street Corporation (STT) Q1 Earnings and Revenues Lag Estimates

Earnings season continues, with much of the focus right now on bank stocks. State Street suffered a big drop in fee revenue from its asset management business.

Bank Stocks Are Still Under Pressure -- Here's the Latest

State Street (STT) records a marginal rise in revenues in the first quarter of 2023.

State Street (STT) Dips as Q1 Earnings Miss on Higher Costs

State Street shares fell before the opening bell on Monday after the Boston-headquartered financial services company's first quarter results failed to meet expectations on both profit and revenue. The firm posted earnings per share of $1.52 and revenue of $3.101 billion, below the consensus expectations as per FactSet of earnings per share of $1.64 and revenue of $3.126 billion.

State Street shares sink on 1Q earnings miss

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

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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.

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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

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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?

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

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