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.

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 Trade Tight With JPMorgan, Wells Fargo Set To Report

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

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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,.

State Street Corporation Announces Time Change for its First-Quarter 2024 Financial Conference Call Webcast

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The Disney proxy fight pits Trian Partners' Nelson Peltz against the board and CEO Bob Iger.

Disney board seat for Nelson Peltz hinges on Vanguard, State Street, institutional investors

April 2 (Reuters) - Banking regulators are probing if asset management giants BlackRock (BLK.N), opens new tab, Vanguard and State Street (STT.N), opens new tab are sticking to their passive roles when it comes to investments in U.S. banks, the Wall Street Journal reported, opens new tab on Tuesday.

U.S. regulators probe role of asset managers in banks, WSJ reports

A federal regulator is examining index fund giants over their massive stakes in U.S. banks, according to a published report.

BlackRock, Vanguard probed over U.S. bank stakes: report

The FDIC examines whether investment firms stick to passive-investing mandate.

Regulator Probes BlackRock and Vanguard Over Huge Stakes in U.S. Banks

KILKENNY, Ireland--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) one of the world's leading providers of financial services to institutional investors, today marked the official opening of its new office building in Kilkenny. State Street established its Irish operations in 1996 and has grown to become one of the largest international financial services employers in Ireland. With a presence in Kilkenny for over 20 years, State Street was the first company in the International Financial.

State Street Officially Opens its New Kilkenny Office

State Street's stock (NYSE: STT) has lost 5% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, the stock is currently trading at $74 per share, which is 14% below its fair value of $85 – Trefis' estimate for State Street's valuation.

Trailing S&P500 By 14% YTD, What To Expect From State Street Stock?

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has been selected to provide fund accounting, fund administration and investor servicing for AZ Quest, an asset manager based in Sao Paulo, Brazil. State Street will provide this range of services to the AZ Quest Fund SPC and its segregated portfolios. “We are pleased to announce this relationship with AZ Quest, as we continue to expand our capabilities across the region, furthering our goal of supporting lead.

State Street Appointed to Provide Investment Services to AZ Quest, Further Expanding Presence in Latin America

BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt. The offering, which closed today, was structured in keeping with State Street's ongoing inclusion, diversity, and equity efforts, with Blaylock Van, LLC acting as a joint book-running manager, and Cabrera Capital Markets LLC, CAVU Securities LLC, Mischler Financial Group, Inc. and Tigress Financial Partners LLC each acting.

State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt

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

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its first-quarter 2024 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 Friday, April 12, 2024 at approximately 7:30 a.m. ET, and reviewed via webcast and teleconference at 12:00 p.m. ET. There is no change to the date, the di.

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