STT - State Street Corporation
70.70 0.00 (0.00%)
After hours: 5:08PM EDT
| Previous close | 69.03 |
| Open | 72.86 |
| Bid | 70.41 x 1100 |
| Ask | 70.42 x 800 |
| Day's range | 70.02 - 74.25 |
| 52-week range | 42.10 - 85.89 |
| Volume | 3,097,011 |
| Avg. volume | 3,155,256 |
| Market cap | 24.883B |
| Beta (5Y monthly) | 1.58 |
| PE ratio (TTM) | 13.94 |
| EPS (TTM) | 5.07 |
| Earnings date | 17 Jul 2020 - 21 Jul 2020 |
| Forward dividend & yield | 2.08 (3.01%) |
| Ex-dividend date | 30 Jun 2020 |
| 1y target est | 66.40 |
- Motley Fool
Fed Removes Enforcement Action on State Street
The action dates back to 2015 when the Federal Reserve found deficiencies in State Street's anti-money-laundering and Bank Security Act systems.
- Business Wire
State Street Announces Chief Financial Officer and Head of Global Clients Division to Participate in the Morgan Stanley Virtual US Financials Conference
State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, and Head of Global Clients Division, Donna Milrod, will participate in the Morgan Stanley Virtual US Financials Conference on Tuesday, June 9th, 2020 at 2:30 pm EDT.
- Motley Fool
Is State Street a Buy?
Considering how hard the financial sector has been hit this year by the one-two punch of the COVID-19 pandemic and the Fed lowering prime interest rates to near 0%, State Street (NYSE: STT) has fared relatively well in the first quarter. Is State Street stock worth owning? What makes State Street unique is its market-leading position in two areas of financial services -- custody and asset management.
- Business Wire
Charles River IMS Named Best Order Management System in 2020 Market Choice Awards
Charles River IMS combines a multi-asset order management system (OMS) with trade execution capabilities in a single, fully integrated OEMS.
- Business Wire
State Street Global Advisors Announces Changes to SPDR® ETF Lineup
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR S&P ® Technology Hardware ETF (XTH) and the SPDR S&P 500 Buyback ETF (SPYB) based on an ongoing review of the SPDR ETF offering.
- Business Wire
State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series "D," "G," and "H"
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on July 16, 2020 to common shareholders of record at the close of business on July 1, 2020.
- Business Wire
State Street Introduces New Stakeholder Report
State Street Corporation (NYSE:STT) today announced the release of its Stakeholder Report for 2019, entitled "Stronger Together," which reviews the firm’s performance, growth and strategy over the last year. The report also describes State Street’s commitment to innovation, and overall resiliency as well as its emphasis on corporate responsibility, and how these factors have helped the company to support its clients during the COVID-19 crisis.
- Motley Fool
3 Top Bank Stocks to Buy Right Now
Bank stocks have taken a hit since the coronavirus pandemic struck the economy, but most experts say the banks are not the main concern in this crisis, like they were during the Great Recession. The banks are believed to be well capitalized, and Warren Buffett even said himself that he does not see any special problems with the banks. Here are three top bank stocks to buy right now that should perform well through the pandemic.
- Motley Fool
3 Top Financial Stocks to Buy in May
AGNC Investment Corp. (NASDAQ: AGNC) is a mortgage real estate investment trust (mREIT) that specializes in mortgage-backed securities guaranteed by the U.S. government. Like every other mortgage REIT over the past couple months, AGNC has taken its lumps as margin calls have forced it to deleverage.
- Business Wire
State Street to Provide ETF Servicing to Water Island Capital’s Initial Index ETF
State Street Corporation (NYSE:STT) today announced that it has been appointed as the ETF servicing agent for Water Island Capital’s first ETF. Water Island Capital (WIC) received regulatory approval for the AltShares Merger Arbitrage ETF (NYSE: ARB), tracking the Water Island Merger Arbitrage USD Hedged Index, which seeded on May 6 and listed for trading on May 7, 2020.
- Business Wire
State Street Announces New Alliance with Virtus from FIS
State Street Corporation (NYSE: STT) today announced it has entered into an alliance with Virtus from FIS to provide Collateralized Loan Obligation (CLO) and Collateralized Debt Obligation (CDO) technology management solutions to clients in the United States and Europe.
- Business Wire
State Street Reports First-Quarter 2020 Financial Results
State Street Corporation (NYSE: STT) reported its first-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. A conference call to discuss the firm’s financial results, outlook and related matters will be held at 10:00 a.m. EDT, Friday, April 17, 2020. The call will be open to the public.
- Investing.com
State Street Earnings, Revenue Beat in Q1
Investing.com - State Street (NYSE:STT) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
- Business Wire
State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.
- Business Wire
Charles River Investment Management Solution (IMS) Now Client-Ready on Microsoft® Azure
Charles River has initiated the migration of new and existing SaaS (Software as a Service) clients onto the new Azure infrastructure.
- Business Wire
State Street to Provide ETF Servicing to American Century Investments for First Semi-Transparent ETF Suite
State Street Corporation (NYSE:STT) today announced that it has been appointed ETF servicing agent and also has been appointed to serve as first Authorized Participant Representative (APR) for American Century Investments’ new range of semi-transparent, actively managed ETFs. American Century Investments is the first asset manager to receive regulatory approval for two investment strategies, Focused Large Cap Value and Focused Dynamic Growth, both of which will be available through ActiveShares®, its semi-transparent active ETF vehicle.
- Business Wire
State Street Corporation Announces Date for Release of First-Quarter 2020 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to announce its first-quarter 2020 financial results on Friday, April 17, 2020 at approximately 7:30 a.m. EDT. The results will be reviewed via webcast and teleconference at 10:00 a.m. EDT.
- Business Wire
State Street Corporation Announces Pricing of Fixed-to-Floating Rate Senior Notes Offering
State Street Corporation ("State Street") (NYSE: STT) today announced that it has priced an offering of $750,000,000 aggregate principal amount of 2.825% Fixed-to-Floating Rate Senior Notes due 2023 (the "2023 Notes"), $500,000,000 aggregate principal amount of 2.901% Fixed-to-Floating Rate Senior Notes due 2026 (the "2026 Notes") and $500,000,000 aggregate principal amount of 3.152% Fixed-to-Floating Rate Senior Notes due 2031 (the "2031 Notes" and, together with the 2023 Notes and the 2026 Notes, the "Notes").
- Business Wire
Charles River Development Awarded Best Cloud-Based Front Office Solution
The awards recognize providers catering to asset managers and institutional traders who have demonstrated exceptional client service and innovation.
- Business Wire
State Street Global Advisors Announces Reverse Splits of Two ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced reverse splits will be implemented for the SPDR S&P Oil & Gas Equipment & Services ETF (XES) and the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) in order to potentially reduce trading costs for investors. Shares of both funds will trade at their post-reverse split price effective as of March 30, 2020.
- Yahoo Finance
Fed walks tightrope on loosening bank regulations amid coronavirus response
Regulators are encouraging banks to tap into capital and liquidity to lend into an economy affected by the coronavirus but further regulatory easing could be coming.
- Business Wire
State Street Statement on Share Repurchases
State Street Corporation (NYSE:STT) announced today that it has temporarily suspended its common stock repurchase program through June 2020. This action is consistent with the announcement by the Financial Services Forum yesterday that its eight members, including State Street, decided to temporarily suspend share buybacks, in light of the COVID-19 pandemic. There is no change to State Street’s dividend policy.
