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.

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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.

BOSTON--(BUSINESS WIRE)--State Street (NYSE:STT) announced today that FundGuard has been selected to serve as a strategic accounting solution for State Street Alpha. FundGuard is a highly scalable cloud-native investment accounting, fund accounting, and contingency NAV solution. The FundGuard accounting solution will be integrated for straight through processing from portfolio management and trading in the Charles River Investment Management Solution through to custody and administration. A co-

State Street and FundGuard Announce Strategic Partnership to Deliver Accounting Solutions for State Street Alpha

State Street's stock (NYSE: STT) has lost 32% YTD, as compared to the 23% decline in the S&P500 over the same period.

What To Expect From State Street Stock?

BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the results of a global survey of institutional investors on how they view the fixed income market and how they are allocating their investments amid the ongoing market volatility. According to the survey report, The Future of Fixed Income, many investors are adding private credit investments alongside their public fixed income allocations. Additionally,

Survey: Investors Showcase Shift in Fixed Income Strategies Amid Search for Higher Returns

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in the BancAnalysts Association of Boston Conference in Boston on Thursday, November 3, 2022, at 12:45 pm ET. A webcast of the event will be accessible on State Street's Investor Relations home page at investors.statestreet.com. A recorded replay of the session will be available on the Investor Relations website later that day, and will

State Street to Participate In BancAnalysts Association of Boston Conference

Earthstone Energy

Valley National

To increase their chances of discovering value opportunities, value investors may want to look for stocks whose Graham blended multipliers are below 22.5. Created by Benjamin Graham, the father of value investing, the multiplier is equal to the stock's price-earnings ratio times its price-book ratio.

A Trio of Graham-Style Stocks to Consider

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has appointed Yie-Hsin Hung as president and chief executive officer (CEO) of State Street Global Advisors (Global Advisors), its asset management business. Hung succeeds Cyrus Taraporevala, whose planned retirement was announced earlier this year. She will join Global Advisors in December 2022, reporting to State Street Chairman and Chief Executive Officer Ron O'Hanley and will join State Street's Executive C

Yie-Hsin Hung Named President & CEO of State Street Global Advisors

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8 Upcoming Dividend Increases Including A Dividend King

I missed adding State Street to my dividend portfolio the last time its yield exceeded 3% and this time it's looking very enticing. I compared State Street to T. Rowe and BlackRock and found that State Street looks very undervalued.

State Street Is Looking Attractive Again As Its Yield Is Past 3% Again

Huntington Bancshares

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Financial Select Sector SPDR Fund

Capital markets issuance by U.S. banks fell to $4.65 billion in August, down nearly 28% from year-ago levels and a drop of 64% from July, S&P Global Market Intelligence said Tuesday. Senior debt remained the largest deal type in August with $3.2 billion, down 72% from July's total of about $12 billion.

Banks raise less money from debt and equity deals in August

State Street has underperformed the financial sector since the beginning of the year. The Asset Management Industry is expected to grow at a 6.2% CAGR through 2025.

State Street: Valuation Provides A Silver Lining To Average Performance

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced its commitment as an inaugural employer pursuing the Management Leadership for Tomorrow (MLT) Hispanic Equity at Work Certification. This first-of-its kind certification sets clear, measurable standards for achieving Hispanic equity internally and for contributing to Hispanic equity in society. This commitment further builds on State Street's launch partnership and participation in the Management Leadership for Tomorr

State Street Commits to Management Leadership for Tomorrow's Hispanic Equity at Work Certification Program

BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the findings of its Inflation Impact Survey: Advisor Edition. The survey found among those currently working with a financial advisor, the vast majority say their advisors' insight and guidance is valued even more today and has helped them remain confident during this period of rising inflation and market volatility. The release of this advisor-related da

State Street Global Advisors Survey: Investors Placing Greater Value on Their Financial Advisors' Guidance Amid Uptick in Market Volatility; Nearly Half of Millennials Believe Now Is a Good Time to Invest in The Market

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its third-quarter 2022 financial results on Tuesday, October 18, 2022 at approximately 7:30 a.m. ET. The results will be reviewed via webcast and teleconference at 11:00 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) 888 396-8049 (Conference ID: 91853150). Materials will be available on State S

State Street Corporation Announces Date for Release of Third-Quarter 2022 Financial Results and Conference Call Webcast

Allianz SE

Bank of New York Mellon

Lincoln National

Manulife Financial

Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen

V.F.

Today's market is becoming increasingly dangerous with rising valuations and speculative companies soaring like it's 1999. This is likely to be a bear market rally, so a focus on safety and quality first, prudent valuation, and sound risk-management is more important than ever.

8 Near Perfect High-Yield Blue-Chip Bargains To Buy Now

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its President & Head of Investment Services, Lou Maiuri, and its Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in the Barclays Global Financial Services Conference in New York on Monday, September 12, 2022, at 9:00 am ET. A webcast of the event will be accessible on State Street's Investor Relations home page at investors.statestreet.com. A recorded replay of the session will be av

State Street to Participate In Barclays Global Financial Services Conference

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has issued $750 million aggregate principal amount of fixed-to-floating rate senior notes due 2033. The offering, which closed today, was structured in keeping with State Street's ongoing inclusion, diversity and equity efforts, with Cabrera Capital Markets LLC acting as bookrunner, and Great Pacific Securities, Penserra Securities LLC, and Samuel A. Ramirez & Company, Inc., acting as co-managers. These fo

State Street Partners with Latinx Firms to Underwrite $750 Million of Senior Notes

NEW YORK , July 27, 2022 /PRNewswire/ -- Arcesium, a leading global financial technology firm, announced today it has partnered with State Street Fund Connect ("Fund Connect"), a global trading and analytics platform. Through this strategic alliance, Arcesium and Fund Connect will introduce new capabilities to provide mutual clients with a consolidated view of their cash portfolios and a single point of access to multiple markets and fund providers.

ARCESIUM PARTNERS WITH STATE STREET FUND CONNECT TO HELP INSTITUTIONAL INVESTORS SEAMLESSLY MANAGE AND MONITOR CASH PORTFOLIOS

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series D (represented by depositary shares, each representing a 1/4000th interest in a share of Series D preferred stock). The cash dividend is in the amount of $1,475.00 per share of Series D preferred stock (resulting in a distribution of approximately $0.3687 per depositary share) and is payable on Septemb

State Street Corporation Declares Quarterly Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “D”, “F”, and “G”

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.63 per share of common stock, payable on October 13, 2022 to common shareholders of record at the close of business on October 3, 2022. About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With

State Street Corporation Declares Third-Quarter Dividend on its Common Stock

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that Brenda Tsai has been appointed as the firm's new executive vice president and global chief marketing officer. Tsai will report to Julia McCarthy, executive vice president and global head of client experience for State Street. Tsai will oversee global brand and marketing strategy and execution including content, digital marketing, events, product campaigns and media relations. Tsai will be responsible for leading t

State Street Appoints New Global Chief Marketing Officer

LONDON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the appointment of Jennifer Taylor as Head of Emerging Market Debt (EMD) and Senior Portfolio Manager in the Global Fixed Income Beta Solutions Group, reporting to Abhishek Kumar, Head for Global Strategies, EMEA and APAC. Based in London, Jennifer will lead a team of specialist portfolio managers that manage a growing range of EMD strategies across a boo

State Street Global Advisors appoints Jennifer Taylor as Head of Emerging Market Debt

State Street (NYSE: STT) is a financial services firm that provides asset management, custodian services, fund accounting, and administration services. Global Services handles assets from many classes, including stocks, derivatives, exchange-traded funds, fixed income assets, private equity, and real estate.

Why Did State Street's Stock Rally Despite Weaker Earnings?

The custody bank posted Q2 earnings Friday and beat earnings estimates.

Why State Street Stock Jumped Nearly 10% Friday

State Street Corporation (NYSE:STT ) Q2 2022 Earnings Conference Call July 15, 2022 12:00 PM ET Company Participants Ilene Fiszel Bieler - EVP & Global Head, IR Ron O'Hanley - Chairman, President & CEO Eric Aboaf - EVP & CFO Conference Call Participants Glenn Schorr - Evercore ISI Ken Usdin - Jefferies Betsy Graseck - Morgan Stanley Brennan Hawken - UBS James Mitchell - Seaport Global Brian Bedell - Deutsche Bank Steven Chubak - Wolfe Research Gerard Cassidy - RBC Capital Markets Michael Mayo - Wells Fargo Securities Robert Wildhack - Autonomous Research Vivek Juneja - JPMorgan Operator Good morning, ladies and gentlemen, and welcome to State Street Corporation's Second Quarter 2022 Earnings Conference Call and Webcast. Today's discussion is being broadcast live on State Street's website at investors.statestreet.com.

News for State Street Stock (STT)