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 Corporation (NYSE: STT) today announced that it has begun working with Putnam Investments on the servicing of the investment management firm's first actively managed, semi-transparent exchange traded funds (ETF). Putnam leverages a proxy-based actively managed ETF model for the funds. State Street continues to be an industry leader servicing over $5.5 trillion in ETF assets, which is close to 60% of global ETF AUM. Additionally, State Street remains committ

State Street Services Putnam Investments' First Actively Managed, Semi-Transparent ETFs

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has filed its 2021 resolution plan. State Street, along with other banking institutions, periodically prepares and files its resolution plan, commonly referred to as a “living will,” with the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation. The resolution plan details State Street's efforts to enhance resolvability across its business in line with applicable rules

State Street Announces Resolution Plan for 2021

BOSTON--(BUSINESS WIRE)--State Street Global Advisors Announces Results of Low-Cost Investing Survey

State Street Global Advisors Survey: Majority of Investors Don't Fully Understand Investment Costs

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Dividend Increases: July 10-16, 2021

BOSTON & LONDON & SILICON VALLEY, Calif.--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that it has entered into an agreement to acquire Mercatus, Inc., a premier front-and-middle-office solutions and data management provider for private market managers. The transaction is expected to be completed in September subject to customary closing conditions. Financial terms are not being disclosed. In connection with the acquisition, the company will launch its State Street Alpha

State Street Launches Front to Back Private Markets Solution

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 that shows institutional investors have an increased appetite for indexed fixed income strategies across a multitude of major investment themes, including the fast-growing environmental, social, and governance (ESG) theme. The findings revealed that exchange-traded funds (ETFs) are becoming an important fund vehicle for fixe

Report: Institutional Investors Plan to Increase Indexed Fixed Income Exposures

Within the last quarter, State Street (NYSE:STT) has observed the following analyst ratings: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 1 1 0 0 Somewhat Bullish 0 0 1 0 Indifferent 1 1 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 In the last 3 months, 9 analysts have offered 12-month price targets for State Street. The company has an average price target of $97.0 with a high of $105.00 and a low of $90.00.

What 9 Analyst Ratings Have To Say About State Street

State Street Corporation's (STT) CEO Ron O'Hanley on Q2 2021 Results - Earnings Call Transcript

State Street (STT) records a rise in revenues and higher expenses in the second quarter of 2021.

State Street (STT) Q2 Earnings Beat, Revenues & Expenses Rise

State Street Corporation (STT) delivered earnings and revenue surprises of 10.67% and 3.37%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

State Street Corporation (STT) Beats Q2 Earnings and Revenue Estimates

Shares of State Street (NYSE:STT) decreased 0.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 4.79% over the past year to $1.97, which beat the estimate of $1.79.

State Street: Q2 Earnings Insights

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its second-quarter 2021 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 10:00 a.m. ET, Friday, July 16, 2021. The call will be open to the public. The conference call will be accessib

State Street Reports Second-Quarter 2021 Financial Results

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced its third quarter 2021 cash dividend of $0.57 per share of common stock, an increase of 10% from $0.52 per share of common stock in the prior quarter. The dividend is payable on October 12, 2021 to common shareholders of record at the close of business on October 1, 2021. Additionally, State Street's Board of Directors has approved a new common stock purchase program, authorizing the purchase of up to $3.0 billion of

State Street Corporation Declares Third-Quarter Dividend on its Common Stock and Authorization to Repurchase up to $3.0 Billion of Common Stock

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State Street's (STT) Q2 earnings are likely to have been affected by lower interest rates and dismal fee income growth.

Is a Beat in Store for State Street (STT) in Q2 Earnings?

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BOSTON--(BUSINESS WIRE)--First Abu Dhabi Bank PJSC (FAB) and State Street Corporation (NYSE:STT) today announced a new strategic alliance that leverages FAB's regional securities services expertise, incorporating the largest direct custody network in the Middle East and North Africa (MENA), and State Street's global strength and capabilities. The alliance will create a full-service enterprise offering for institutional investors in the region. It will provide MENA investors with extensive reach

First Abu Dhabi Bank and State Street Announce Strategic Alliance

State Street Corporation (STT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

State Street Corporation (STT) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Analysts have provided the following ratings for State Street (NYSE:STT) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 1 0 0 0 Somewhat Bullish 0 1 0 1 Indifferent 0 1 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 7 analysts offering 12-month price targets in the last 3 months for State Street evaluate the company at an average price target of $96.57 with a high of $103.00 and a low of $90.00.

Where State Street Stands With Analysts

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BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced its preliminary stress capital buffer (SCB) requirement of 2.5%, effective October 1, 2021, and the intention to increase its quarterly common stock dividend by 10% to $0.57 per share in the third quarter, subject to consideration and approval by its Board of Directors. State Street's calculated SCB under this year's supervisory stress test was well below the 2.5% minimum, preliminarily resulting in an SCB at that flo

State Street Corporation Announces Preliminary Stress Capital Buffer Requirement, Intention to Increase Its Quarterly Common Stock Dividend to $0.57 Per Share and Release of Its 2021 Dodd-Frank Annual Stress Test Results

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BOSTON--(BUSINESS WIRE)--State Street Corporation today announced it will implement a cloud-based, machine learning technology to transform private markets processing and document management. Through State Street's partnership with Canoe Intelligence (“Canoe”), allocators and managers in the private markets sector will have an integrated experience where traditionally onerous and manual alternative investment workflows will be automated and streamlined, reducing processing time and delivering i

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