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.

State Street's (STT) Q3 earnings reflect successful implementation of cost saving measures and rise in assets balance, while lower revenues pose a concern.

State Street's (STT) Q3 Earnings Beat, Revenues Down Y/Y

Cost savings and improving assets balance support State Street's (STT) Q3 earnings.

State Street (STT) Beat on Q3 Earnings & Revenue Estimates

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Decline in interest rates and soft loan growth are expected to have hurt State Street's (STT) interest income in the third quarter of 2019.

Low Rates, Muted Lending to Mar State Street (STT) Q3 Earnings

State Street can now be found trading at book value and had average ROE of 8.6% since 2008, including the company's one large unprofitable year during the financial crisis.

State Street: Taking A Piece Of The Fee Pie In Asset Management

Trefis details the key components of State Street’s Revenues in an interactive dashboard, along with our forecast for the next three years. In 2019, State Street’s Investment Management and Investment Servicing divisions are expected to contribute roughly $9.6 billion (83%) and $2 billion (17%).

State Street’s Revenues Are Likely To Shrink Over The Next Two Years

State Street's (STT) dividend hike announcement is part of its 2019 capital plan. The approval of the plan by the Federal Reserve reflects the company's strong balance sheet position.

State Street (STT) Hikes Dividend by 11% to Cheer Investors

Amid tough operating environment and lower interest rates, State Street is cutting jobs to maintain profitability.

State Street Cuts Jobs Amid Challenging Operating Backdrop

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Why State Street, Mallinckrodt, and ArcelorMittal Jumped Today

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EVP, CLO and Secretary of State Street Corporation (30-Year Financial, Insider Trades) Jeffrey N Carp (insider trades) sold 25,000 shares of STT on 08/13/2019 at an average price of $51.72 a share.

State Street Corporation (STT) EVP, CLO and Secretary Jeffrey N Carp Sold $1.3 million of Shares

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State Street Corporation (STT) CEO Ron O'Hanley on Q2 2019 Results - Earnings Call Transcript

Lower expenses (driven by cost saving efforts) support State Street's (STT) Q2 earnings. However, decline in revenues act as a headwind.

State Street (STT) Q2 Earnings Beat, Revenues & Costs Down

Decline in operating expenses support State Street's (STT) Q2 earnings.

State Street (STT) Beat on Q2 Earnings & Revenue Estimates

State Street will report its second quarter 2019 earnings on July 19. Consensus figures points to a 6% decline in revenues y-o-y to $2.87 billion, and a 26% drop in EPS figure to $1.39.

Industry Headwinds Would Have Hurt State Street's Q2 Results

Low rates, disappointing fee income performance and modest rise in expenses are likely to hamper State Street's (STT) Q2 earnings.

Rates, Muted Fee Income to Mar State Street (STT) Q2 Earnings

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State Street (STT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate State Street (STT) to Report a Decline in Earnings: What to Look Out for

State Street has announced plans to return $2.7 billion to its shareholders over the next twelve months after the latest round of the Fed’s annual stress test.

State Street's 2019 Payout Of $2.3 Billion Comes Close To Record Level Seen In 2013

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State Street (STT) agrees upon another settlement to resolve legal issues, with the payment of $94.3 million to the regulators.

State Street Agrees to Pay $94.3M for Overcharging Customers

State Street Corp agreed to pay $94.3 million to settle federal and state regulatory charges it routinely overcharged mutual fund customers and other clients over roughly 17 years by adding hidden markups on back-office expenses.

State Street pays $94.3 million to settle U.S., state charges over hidden fund markups

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The post 3 Big Stock Charts for Wednesday: Tyson Foods, Lennar and State Street appeared first on InvestorPlace.

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