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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Higher revenues and nil provisions support State Street's (STT) Q1 earnings.

State Street (STT) Q1 Earnings Beat on Higher Revenues, Stock Up

State Street Corporation (STT) delivered earnings and revenue surprises of 8.16% and 1.64%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its first-quarter 2022 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 12:00 p.m. ET, Thursday, April 14, 2022. The call will be open to the public. The conference call will be access

State Street Reports First-Quarter 2022 Financial Results

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has begun working with Capital Group on servicing of the investment management firm's first actively managed exchange traded funds (ETF) that launched in February 2022. As part of the appointment, State Street is providing ETF basket services, fund accounting, fund administration, order-taking and transfer agency services. “We're very excited to be working with Capital Group on the launch of their first active

State Street Services Capital Group's First Actively Managed ETFs

Bank of New York Mellon

Signature Bank

Charles Schwab

"I think it's a good time to pay some attention to the underappreciated financials with GARP appeal," the "Mad Money" host said.

CNBC's Jim Cramer says these four financial GARP stocks are investable

Supported by loan growth, State Street (STT) is expected to have recorded a rise in interest income in the first quarter of 2022.

Is an Earnings Beat in Store for State Street (STT) in Q1?

STT is a decent and well-established bank with a 2.76% dividend yield.

State Street: Still Not Good Enough

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has launched an integrated fund trading solution along with its custody offering for clients in Mexico. The secure online platform will allow for access to a broad range of investment funds in collaboration with Clearstream (Vestima®) providing fund order services through a single-entry point. Our fund order services offering will support connectivity with a wide range of transfer agents to meet clients' uniqu

State Street Announces New Capability to Support Fund Order Services in Mexico

Blackrock Inc

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

The first quarter 2021 earnings season kicks-off next week with earnings results from some of the biggest financial institutions in the U.S. The post 7 Financial Stocks Reporting Earnings the Week of April 11 appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn't matter if you have $500 in savings or $5 million.

7 Financial Stocks Reporting Earnings the Week of April 11

BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR Nuveen Municipal Bond ESG ETF (MBNE). Sub-advised by Nuveen, a recognized leader in the municipal bond market, MBNE is actively managed and is designed to invest in municipal securities from issuers that are leaders in their sector in delivering environmental, social and governance (ESG) outcomes or whose proceeds are used towards p

State Street Global Advisors Launches SPDR® Nuveen Municipal Bond ESG ETF

LONDON--(BUSINESS WIRE)-- #StateStreetAlpha--Rathbone Funds, has selected Charles River to support their equity, fixed income and multi-asset portfolio management clients.

Rathbone Funds Adopts Charles River® IMS and State Street AlphaSM Data Platform.

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its first-quarter 2022 financial results and the associated webcast and teleconference, in order to minimize conflicts with other industry earnings announcements. Financial results will now be announced on Thursday, April 14, 2022 at approximately 8:30 a.m. ET, and reviewed via webcast and teleconference at 12:00 p.m. ET. There is no change to the dial-in or

State Street Corporation Announces Time Change for its First-Quarter 2022 Financial Results and Conference Call Webcast

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the election of DonnaLee (Donna) DeMaio to its Board of Directors. Ms. DeMaio, age 63, was previously executive vice president and global chief operating officer for the General Insurance division of American International Group (AIG). In this role she was responsible for all operational aspects of General Insurance globally, overseeing an organization of more than 5,000 employees, across five shared services sites in

State Street Elects DonnaLee DeMaio to its Board of Directors

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today the integration of its Collateral+ platform with Pirum's CollateralConnect service to support mutual clients with collateral management and optimization. This collaboration builds on a series of investments in the Collateral+ suite, which was recently expanded to include the Tri-Party service, which enables buy-side firms to optimize collateral usage and efficiency when posting margin to meet initial and variation marg

State Street Collateral+ Platform Now Live with Pirum's CollateralConnect Service

BOSTON--(BUSINESS WIRE)--Charles River Development, a State Street Company, together with Advisor360°, a wealth management software company, today announced a strategic partnership to offer their wealth management platforms, deeply integrated and engineered to help increase productivity, streamline operations, and manage costs for enterprise wealth management firms. Mutual clients of Charles River and Advisor360° will have access to innovative, cloud-based technology solutions that scale to sup

State Street, Charles River® Development and Advisor360° Announce Strategic Partnership to Deliver an Integrated Technology Solution to the Wealth Management Industry

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its first-quarter 2022 financial results on Thursday, April 14, 2022 at approximately 7:30 a.m. ET. The results will be reviewed via webcast and teleconference at 10:00 a.m. ET. The conference call will be accessible on State Street's Investor Relations website at http://investors.statestreet.com and by telephone at (833) 380-0399 or (236) 714-2093 (Conference ID# 5139576). Materials will be available on State Stree

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

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced it has appointed Jesse Cole as global head of its Private Markets segment. In this role, Cole will be responsible for defining and executing State Street's global strategy for Private Markets and will work closely with his peers in global sales and the product organization to manage and grow private markets business across all client segments. Cole is based out of Chicago, IL and will report to Paul Fleming, global he

State Street Announces New Global Head of Private Markets

Hong Kong Monetary Authority (HKMA) has decided to replace State Street Corp unit State Street Global Advisors (SSGA) as manager of the HK$111 billion ($14.2 billion) Tracker Fund of Hong Kong (TraHK), two sources told Reuters.

State Street's SSGA set to lose $14 billion Hong Kong ETF mandate -sources

(Kitco News) - State Street Global Advisors' gold expert George Milling-Stanley sees the price of gold reaching a new high this year. Currently gold is having a bit of a pullback following the geopolitically driven bull run. The gold price today stands at $1937.50/oz but the most recent high stands at $2070.42/oz which was printed on 8th March.

State Street gold expert thinks a new high beckons for gold

BOSTON--(BUSINESS WIRE)-- #AssetManagement--TPS enables wealth managers and asset managers to provide fully customized portfolios at scale using the Axioma Portfolio Optimizer from Qontigo.

Charles River® Launches Tailored Portfolio Solutions to Power Portfolio Personalization at Scale, Integrates Axioma Portfolio Optimizer™

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that State Street Digital, the firm's dedicated digital division, has added three veteran digital executives to its leadership team. Katie Richards joins as global head of operations and Marcus Grubb as global head of product. Both report to Nadine Chakar, head of State Street Digital. Additionally, State Street announced that Derren Selvarajah has joined as Product PMO lead for the Product Strategy team. Selvarajah r

State Street Digital Expands Global Leadership Team

State Street (STT) and Copper.co enter a licensing agreement for an institutional-grade digital custody offering, wherein clients can store and settle their digital assets within a secure environment.

State Street (STT) to Develop & Launch Digital Custody Offering

Shares of State Street Corp. STT, +4.36% surged 5.3% in morning trading Wednesday, after the provider of banking and trust services announced a collaboration with U.K.-based Copper.co as it looks to launch an "institutional grade" digital custody offering. State Street said clients will be able to store and settle digital assets within a secure environment, as the bank assists its institutional clients to transition to and thrive in the digital economy.

State Street to collaborate with Copper.co as it looks to launch 'institutional grade' digital asset custody offering

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that State Street Digital, the firm's dedicated Digital division, has entered into a licensing agreement with Copper.co, a London-based provider of institutional digital asset custody and trading infrastructure. State Street Digital will leverage Copper.co's technology to develop and, subject to receipt of regulatory and other approvals, launch an institutional grade digital custody offering where clients can store an

State Street to Develop Digital Custody in Collaboration with Copper.co

The State Street crypto plan puts digital currency custody services in the hands of one of the biggest institutions in America. The post State Street Crypto Plan Shows Institutions Taking Another Huge Step Into Crypto appeared first on InvestorPlace.

News for State Street Stock (STT)