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.

BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR® Portfolio Treasury ETF (SPTB). SPTB further enhances SPDR's Portfolio ETF suite by providing low-cost exposure to US Treasury securities with remaining maturities greater than or equal to one year. Priced at three basis points, SPTB seeks to track the performance of the Bloomberg U.S. Treasury Index. “We continue to see fixed incom.

State Street Global Advisors Expands its Low-Cost SPDR® Portfolio ETF™ Suite with Debut of the SPDR® Portfolio Treasury ETF

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

Aberdeen Standard Gold ETF Trust

ProShares Ultra Gold

(Kitco News) - Although the Federal Reserve has been cryptic regarding the timing of its easing cycle, the central bank is firm that it is not looking to raise interest rates anymore, which should ultimately be positive for gold, according to one market strategist.

Gold needs to test support but prices can still end the year much higher - State Street's Milling-Stanley

SINGAPORE--(BUSINESS WIRE)--Charles River Development (CRD), a State Street Company, has appointed Vinayak Bhat (Vin) as senior vice president (SVP), head of Asia Pacific (APAC), where he will be responsible for all business oversight within the region and collaboration with State Street Alpha®, the first front-to-back asset servicing platform from a single provider for institutional investors. Charles River, provider of the Charles River Investment Management Solution (Charles River IMS), was.

Charles River® Appoints Vin Bhat as New Head​ of Asia-Pacific

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the appointment of Elizabeth (Liz) Lynn to executive vice president and global head of Investor Relations. Lynn will report to Eric Aboaf, vice chairman and chief financial officer for State Street Corporation. Bringing more than 20 years of investor relations and financial services experience to her new role, Lynn will be responsible for leading State Street's engagement with investors and analysts, while providing c.

State Street Names Elizabeth Lynn to Global Head of Investor Relations

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O'Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein's 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 am ET. An audio webcast of the event will be accessible on the home page of State Street's Investor Relations website, https://investors.statestreet.com. A recorded replay will.

State Street to Participate in Bernstein's 40th Annual Strategic Decisions Conference

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today released the results of its third annual private markets survey1, which explores the allocations of 480 institutional investors including traditional asset managers, private market managers, insurance companies, and asset owners across North America, Latin America, Europe, and Asia-Pacific. The survey reveals that the rotation from public to private assets within portfolio allocations will grow further in the coming years. Over.

State Street Private Markets Survey Finds Macro Challenges Not Dampening Demand; Public To Private Shift Set To Grow Further

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Here's Why State Street Corporation (STT) is a Strong Value Stock

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The finance industry is characterized by fluctuations, alternating between periods of growth and volatility. During uncertain economic periods, investors pay close attention to the actions and accomplishments of prominent asset management and custodial companies.

Blackrock vs. State Street: Earnings in a Volatile Market

State Street Corporation (NYSE:STT ) Q1 2024 Earnings Conference Call April 12, 2024 10:00 AM ET Company Participants Ilene Fiszel Bieler - Global Head of Investor Relations Ron O'Hanley - Chief Executive Officer Eric Aboaf - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Glenn Schorr - Evercore Alex Blostein - Goldman Sachs Brian Bedell - Deutsche Bank David Smith - Autonomous Research Mike Mayo - Wells Fargo Rajiv Bhatia - Morningstar Ken Usdin - Jefferies Operator Good morning, and welcome to State Street Corporation's First Quarter 2024 Earnings Conference Call and Webcast. Today's discussion is being broadcast live on State Street's website at investors.statestreet.com.

State Street Corporation (STT) Q1 2024 Earnings Call Transcript

Shares of State Street (STT) rose in intraday trading Friday after the financial services provider posted better-than-expected revenue on higher fees.

State Street Beats Revenue Estimates as It Gets More From Fees

Although the revenue and EPS for State Street (STT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, State Street (STT) Q1 Earnings: A Look at Key Metrics

State Street (STT) records increased revenues and expenses in the first quarter of 2024.

State Street (STT) Gains on Q1 Earnings Beat, Y/Y Revenue Rise

State Street Corporation (STT) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.52 per share a year ago.

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

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its first-quarter 2024 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 today, Friday, April 12, 2024. The call will be open to the public. The conference call will be ac.

State Street Corporation (NYSE: STT) Reports First-Quarter 2024 Financial Results

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Bank stocks fell below support ahead of results. Wells Fargo, BlackRock and JPMorgan lead a wave of financial firms reporting earnings Friday.

Bank Stocks Trade Tight With JPMorgan, Wells Fargo Set To Report

BOSTON--(BUSINESS WIRE)-- #assetmanagement--T. Rowe Price will utilize Charles River for portfolio management, trading, and compliance, and data management.

T. Rowe Price Expands Use of Cloud-Based Charles River® IMS

Why State Street Corporation (STT) is a Top Value Stock for the Long-Term

Driven by improvement in the operating backdrop, State Street (STT) is expected to have recorded a rise in fee income, which will support its Q1 earnings amid weak weakness in NIR due to higher funding costs.

Fee Income to Aid State Street (STT) Q1 Earnings, NIR to Hurt

Beyond analysts' top -and-bottom-line estimates for State Street (STT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Stay Ahead of the Game With State Street (STT) Q1 Earnings: Wall Street's Insights on Key Metrics

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a new partnership with Daniel W. Drezner, Professor of International Politics at The Fletcher School, the graduate school of global affairs at Tufts University, as its newest academic partner to provide counsel and fresh perspective for clients seeking to navigate the growing complexities of geopolitical risk. Mr. Drezner will partner with State Street Associates, the firm's hub for partnerships with academics and fin.

State Street's Research Team Announces Academic Partnership with Daniel Drezner of The Fletcher School, expanding Markets Research Capabilities in Arena of Geopolitical Risk

State Street (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.

Why State Street (STT) is Poised to Beat Earnings Estimates Again

State Street (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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Why State Street Corporation (STT) is a Top Momentum Stock for the Long-Term

A U.S. bank regulator plans to increase scrutiny of large asset managers like BlackRock (BLK), Vanguard and State Street (STT) to ensure that they stick to their passive role when it comes to investments in banks.

Scrutiny of Asset Managers' Stakes in Banks Likely to Increase

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a change to the timing of the previously announced first-quarter 2024 webcast and teleconference due to a scheduling conflict. The webcast and teleconference will now be held at 10:00 a.m. ET on Friday, April 12, 2024. The webcast and teleconference call was previously scheduled for 12:00 p.m. ET on Friday, April 12, 2024. There is no change to the date, the dial-in or webcasting information. As previously announced,.

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