State Street Corporation's Stock Analysis

State Street Annual Meeting Results and Shareholder Votes

At the Annual Meeting held on May 20, 2026, approximately 87% of State Street's outstanding shares were represented. Shareholders voted on several key matters, including the election of thirteen director nominees, approval of an advisory proposal on executive compensation, and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2026. All these proposals were approved by the shareholders.

Additionally, a shareholder proposal requesting that the Chair of the Board be an independent member during the next CEO transition was voted against. Detailed voting results for each proposal, including the number of votes cast, abstentions, and broker non-votes, were documented but not included in the summary.

May 26, 2026 16:16:59

State Street Issues $1.5 Billion in Senior Notes Offering

State Street Corporation has issued a total of $1.5 billion in Fixed-to-Floating Rate Senior Notes, with $800 million due in 2032 and $700 million due in 2037. This offering was conducted under a public registration statement and included multiple indentures with U.S. Bank Trust Company serving as the trustee. The notes were sold through an underwriting agreement with several major financial institutions.

The company expects to receive approximately $1.492 billion in net proceeds from this offering after accounting for underwriting discounts and expenses. Legal counsel has confirmed the legality of the notes to be issued. The proceeds from this offering will be utilized for general corporate purposes.

Apr 24, 2026 16:10:47

State Street Reports First-Quarter 2026 Financial Results

State Street Corporation announced its financial results for the first quarter of 2026, showing a 16% increase in total revenue compared to the same quarter last year, driven by higher fee revenue and net interest income. Assets under custody and administration (AUC/A) rose 17% to $54.5 trillion, while assets under management (AUM) increased 20% to $5.6 trillion, reflecting strong market conditions and net inflows. The company reported a total of $633 million returned to shareholders through share repurchases and dividends during the quarter.

Total expenses increased by 15%, influenced by notable items and higher revenue-related costs. The company’s standardized common equity tier 1 (CET1) ratio decreased to 10.6%, primarily due to capital returns and higher risk-weighted assets. The liquidity coverage ratio (LCR) remained robust at approximately 106% for State Street Corporation, indicating a strong liquidity position. Overall, State Street's performance in the first quarter reflects significant growth in both revenue and asset management despite rising expenses.

Apr 17, 2026 07:30:36

State Street Appoints New Chief Accounting Officer C. Jack Read

State Street Corporation has appointed C. Jack Read as Executive Vice President, Global Controller and Chief Accounting Officer, effective August 10, 2026. He will succeed Elizabeth M. Schaefer and brings extensive experience from his previous roles at MSCI Inc. and Citizens Financial Group, among others, where he held senior positions in financial operations and risk management.

Mr. Read's compensation package includes an annual base salary of $450,000 and a target incentive compensation award of $2,100,000 for 2026. Additionally, he will receive one-time transition payments totaling $2,430,000, which consist of deferred stock and cash, to account for compensation forfeited due to his departure from MSCI.

Mar 31, 2026 16:10:10

State Street Elects New Director Susan Gordon to Board

On March 19, 2026, State Street Corporation's Board of Directors elected Susan Gordon as an independent director. She will also serve on the Board’s Examining and Audit Committee and Technology and Operations Committee. Ms. Gordon will receive a pro rata share of the annual retainer and stock award, consistent with prior disclosures, and will enter into an indemnification agreement similar to those of other non-employee directors.

The compensation for Ms. Gordon includes a portion of the $110,000 annual retainer and a $235,000 common stock retainer, with the stock award based on the closing price of State Street’s common stock on the election date. There are no arrangements or understandings with other parties regarding her election as a director.

Mar 23, 2026 07:32:28

State Street Reports Q4 and Full-Year 2025 Financial Results

On January 16, 2026, State Street Corporation announced its financial results for the fourth quarter and full year of 2025. The company reported a 7% increase in total revenue, driven by higher fee revenue and net interest income. Additionally, investment servicing assets under custody/administration (AUC/A) grew 16% to $53.8 trillion, while assets under management (AUM) rose 20% to $5.7 trillion. The company also highlighted new business wins, including $87 million in new servicing fee revenue and $484 billion in new AUC/A wins.

Total expenses for the quarter increased by 12%, largely due to notable items related to repositioning charges and investments in business capabilities. The company's capital ratios remained strong, with a common equity tier 1 (CET1) ratio of 11.7%. State Street returned $635 million to shareholders through share repurchases and dividends. The effective tax rate for the quarter was approximately 18.6%, reflecting a decrease from the previous quarter.

Jan 16, 2026 07:30:49

State Street Announces Redemption of Senior Notes Due 2026

State Street Corporation will redeem its $500 million of 5.751% Fixed-to-Floating Rate Senior Notes due 2026 on November 4, 2025. The redemption will occur at 100% of the principal amount plus any accrued and unpaid interest up to the redemption date, after which interest will cease to accrue.

The company plans to use cash on hand to fund the total redemption price. This action may impact the company's liquidity and financial position as it manages its debt obligations.

Oct 29, 2025 07:25:02

State Street Issues $1 Billion in Senior Notes Offering

State Street Corporation issued $1 billion in Fixed-to-Floating Rate Senior Notes due 2036 on October 23, 2025. The offering was conducted under a registration statement and involved various underwriters, including Goldman Sachs and Morgan Stanley. The net proceeds from the issuance are expected to be approximately $993.9 million after deducting underwriting discounts and expenses.

The Notes are governed by an Indenture that includes amendments from previous years. Legal counsel for State Street has confirmed the legality of the Notes, which are documented in the filing. This issuance may impact the company's financial positioning and liquidity.

Oct 23, 2025 16:10:44

State Street Reports Third-Quarter 2025 Financial Results

On October 17, 2025, State Street Corporation announced its financial results for the third quarter of 2025, highlighting a 9% increase in total revenue compared to the same period last year, driven by higher fee revenue and strong performance across various segments. The company reported a 10% rise in Assets Under Custody and Administration (AUC/A) to $51.7 trillion and a 15% increase in Assets Under Management (AUM) to $5.4 trillion, largely attributed to market conditions and net inflows. New servicing fee revenue wins amounted to $47 million, while total capital returned to shareholders reached $637 million, including share repurchases and dividends.

State Street's expenses increased by 5% year-over-year, primarily due to investments in technology and business capabilities. The Common Equity Tier 1 (CET1) ratio stood at 11.3%, reflecting a decrease from the previous year due to capital returns and increased risk-weighted assets. The company maintained a liquidity coverage ratio (LCR) of approximately 106% for the corporation and 142% for State Street Bank and Trust. The effective tax rate for the quarter was 21.9%, slightly up from the prior year. An investor conference call was scheduled for the same day to discuss these results further.

Oct 17, 2025 07:30:50

State Street Elects New Independent Director Brian J. Porter

On September 15, 2025, State Street Corporation's Board of Directors elected Brian J. Porter as an independent director. He will also serve on the Board's Human Resources Committee and Risk Committee. Mr. Porter is entitled to a pro rata share of the annual retainer and stock compensation as outlined in previous disclosures, with the stock award based on the closing price of State Street's common stock on the election date.

Mr. Porter will enter into an indemnification agreement with State Street, similar to those of other non-employee directors. There are no arrangements or understandings with any other parties regarding his election to the Board.

Sep 17, 2025 07:33:56