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.

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BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.63 per share of common stock, payable on July 13, 2023 to common shareholders of record at the close of business on July 3, 2023. 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 $37.6.

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

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a 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 June 15, 2023 to t.

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

Persistently increasing expenses and substantial exposure to fee income are major near-term headwinds for State Street (STT). Yet, higher rates, acquisitions and global reach will offer some support.

State Street (STT) Hurt by Rising Expenses, High Rates to Aid

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has been appointed to provide custody services for Bladex, a Panama-based multinational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the region. “We are pleased to announce this mandate with Bladex, as we continue to expand our custody capabilities across the region, furthering our goal of supporting leading institutional.

State Street Announces Global Custody Mandate with Bladex

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today the introduction of the State Street Carbon Asset Servicing Solution and depositary services that allows asset managers, asset owners and other financial services institutions globally the ability to integrate carbon-related assets into their portfolios as the demand for the asset class continues to grow. Historically, the carbon assets market has been made up of many disparate components and manual processes. In util.

State Street Launches Global Carbon Asset Servicing Solution

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the launch of three publicly available data-driven indicators that will provide unprecedented insight into the aggregate portfolio allocation trends of some of the world's largest institutional investors. The Institutional Investor Holdings Indicator, Institutional Investor Risk Appetite Indicator and the State Street S&P Global Institutional Investor Carbon Indicator, powered by S&P Global Sustainble1, will d.

State Street Announces First-of-Their-Kind Indicators Measuring Institutional Investor Flow, Holdings and Carbon Exposure Derived from Its Leading Position as Servicer to Trillions in Assets

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BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & CEO, Ron O'Hanley, and Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in Autonomous Bernstein's 39th Annual Strategic Decisions Conference in New York on Wednesday, May 31, 2023 at 9:00 am ET. An audio webcast will be accessible on the home page of State Street's Investor Relations website, investors.statestreet.com. A recorded replay will be available on the Investor.

State Street to Participate in Autonomous Bernstein's 39th Annual Strategic Decisions Conference

State Street's shares slumped more than 9% after earnings, but some investors have started to buy the drop. The bank said that it lost deposits as investors rotated funds to other investment products, but I believe the market reaction is overdone.

State Street: Deep Value On The Drop

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It has been a rollercoaster ride for the Banks sector over the past month and a half. In this article, we take a look at some of the key metrics investors ought to be familiar with which explain a lot of the price action so far.

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LOS ANGELES--(BUSINESS WIRE)---- $STT #STT--The Schall Law Firm Announces it is Investigating Claims Against State Street Corporation and Encourages Investors with Losses to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against State Street Corporation and Encourages Investors with Losses to Contact the Firm

State Street Corporation (STT) Q1 2023 Earnings Call Transcript

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Earnings season kicked off with strong figures from major banks last week, but new reports from financial services monolith State Street and tech startup Roblox have led to steep stock declines on Monday.

Stock Market Warning Signs Mount As State Street And Roblox Suffer Steep Losses After Earnings

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against State Street Corporation and Encourages Investors with Losses to Contact the Firm

Banks across the board are under pressure to pay depositors more as interest rates continue to rise.

State Street, Schwab See Deposits Drop

State Street (NYSE: STT) shares have declined by more than 10% in today's trading session, past any standard deviations experienced in the past on a normalized basis by investors. This reaction is attributed to market sentiment reflecting what has been reported in the latest quarterly earnings.

Why State Street Stock Is Sliding After Announcing Earnings

M&T Bank

Regional banks in the United States on Monday reported deposit outflows between 3% and 11% from the prior quarter after customers sought the refuge of bigger banks in the aftermath of one of the worst banking crises.

Factbox: Deposit flight from U.S. regional banks raise questions about funding costs

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?

This is Why State Street Corporation (STT) is a Great Dividend Stock

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First-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts at Jefferies said Monday.

Bank earnings ‘off to a good start,' with Bank of America and Goldman Sachs on deck

Earnings missed analyst estimates. The bank saw a decline in fee revenue.

Why Shares of State Street Are Plunging Today

State Street Corporation (STT) came out with quarterly earnings of $1.52 per share, missing the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.59 per share a year ago.

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

Earnings season continues, with much of the focus right now on bank stocks. State Street suffered a big drop in fee revenue from its asset management business.

Bank Stocks Are Still Under Pressure -- Here's the Latest

State Street (STT) records a marginal rise in revenues in the first quarter of 2023.

State Street (STT) Dips as Q1 Earnings Miss on Higher Costs

State Street shares fell before the opening bell on Monday after the Boston-headquartered financial services company's first quarter results failed to meet expectations on both profit and revenue. The firm posted earnings per share of $1.52 and revenue of $3.101 billion, below the consensus expectations as per FactSet of earnings per share of $1.64 and revenue of $3.126 billion.

News for State Street Stock (STT)