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.

JPMorgan Chase & Co , Citigroup Inc and State Street Corp have invested $11 million in Capitolis, a New York-based technology startup that seeks to help banks use capital more efficiently, the companies said.

Citi, JPMorgan and State Street back fintech startup Capitolis

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Releasing two top mega-cap stocks from the MDA Growth and Dividend Breakout portfolio for long-term gain potential into 2020.

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BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has been reappointed by Aberdeen Standard Investments (ASI) to continue to provide a variety of back office servicing solutions. ASI is a global asset manager dedicated to creating long-term value for its clients.

State Street Reappointed by Aberdeen Standard Investments to Provide Full Range of Investment Servicing Solutions

State Street shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
The post State Street Shows Signs Of A Market Leader In Price Performance appeared first on Investor's Business Daily.

State Street Shows Signs Of A Market Leader In Price Performance

A Relative Strength Rating upgrade for State Street shows improving technical performance. Will it continue?

State Street Sees IBD RS Rating Climb To 73 Amid Strong Profit Growth

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that its President & Chief Executive Officer, Ron O’Hanley, and Chief Financial Officer, Eric Aboaf, will participate in the Barclays Global Financial Services Conference on Monday, September 14, 2020 at 11:15 AM EDT. The webcast of the event will be accessible on State Street’s investor relations home page at investors.statestreet.com.

President & Chief Executive Officer Ron O’Hanley and Chief Financial Officer Eric Aboaf to Participate in the Barclays Financial Services Conference

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BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has been appointed the ETF service provider for four T. Rowe Price active exchange-traded funds (ETFs), which launched today.

State Street Chosen as Provider for T. Rowe Price Active ETFs

Increasing awareness about ESG funds among companies marked by continued technological advancement and digital revolution has been observed since the pre-pandemic era.

State Street Debuts S&P 500 ESG ETF Amid High ESG Fund Demand

The fund tracks a version of the S&P 500 Index.

State Street Debuts ESG ETF

BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR® S&P 500 ESG ETF (EFIV). Providing investors an opportunity to tap into ESG investing at the core of their portfolio with an expense ratio of just 10 basis points, EFIV enhances both SPDR’s ESG and S&P 500 ETF offerings, seeking to help investors incorporate ESG while achieving a risk and return profile comparable to the S&a

State Street Global Advisors Launches S&P 500 ESG ETF

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State Street Corporation (STT) CEO Ron O'Hanley on Q2 2020 Results - Earnings Call Transcript

A rise in fee income and cost-saving efforts support State Street's (STT) Q2 earnings amid lower rates and coronavirus-related concerns.

State Street (STT) Q2 Earnings Beat on Fee Income Growth

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) reported its second-quarter 2020 financial results today. The news release, presentation, and additional financial information can be accessed on State Street’s Investor Relations website at http://investors.statestreet.com.

State Street Reports Second-Quarter 2020 Financial Results

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced cash dividend payments 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 September 1

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

The successful implementation of cost-saving efforts is likely to have supported State Street's (STT) Q2 earnings amid a tough operating backdrop.

Key Factors Likely to Shape State Street's (STT) Q2 Earnings

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State Street's (STT) partnership with FNZ Group is likely to support its revenues in the quarters ahead.

State Street (STT) and FNZ to Offer Wealth Manager Servicing

BOSTON & LONDON--(BUSINESS WIRE)--FNZ and State Street Corporation (NYSE:STT) today announced that they are collaborating on a new wealth manager servicing venture. FNZ will acquire a majority stake in State Street’s Wealth Manager Services business, with State Street retaining a minority interest. Terms of the transaction, which is expected to close in Q4 2020, are not being disclosed. The new venture will, upon full implementation, combine the custody expertise of State Street with the intern

FNZ and State Street Collaborate On New Wealth Management Servicing Venture

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News for State Street Stock (STT)