State Str Corp Stock Price, News & Analysis

State Street Corporation (NYSE: STT) is set to announce its third-quarter 2022 financial results on October 18, 2022, at 7:30 a.m. ET. A review will follow in a conference call at 11:00 a.m. ET, accessible via webcast on the Investor Relations website. The firm has $38.2 trillion in assets under custody and/or administration and $3.5 trillion in assets under management as of June 30, 2022.

State Street Corporation (NYSE: STT) announced that President Lou Maiuri and CFO Eric Aboaf will speak at the Barclays Global Financial Services Conference in New York on September 12, 2022, at 9:00 am ET. A webcast will be available at investors.statestreet.com. The recorded session will be accessible for two weeks post-event. With $38.2 trillion in assets under custody and $3.5 trillion in assets under management as of June 30, 2022, State Street continues its global presence across 100 markets.

State Street Corporation (NYSE: STT) announced the issuance of $750 million in fixed-to-floating rate senior notes due 2033, marking its third such offering this year. The underwriting syndicate featured 33% participation from Latinx-owned broker-dealers, emphasizing State Street's commitment to inclusion, diversity, and equity in finance. The offering was oversubscribed by 4.3 times, demonstrating strong demand. This initiative aligns with the company's Environmental, Social, and Governance strategies, particularly in increasing Latinx representation within the industry.

Arcesium, a financial technology firm, has partnered with State Street Fund Connect to enhance cash management solutions for institutional investors. This alliance aims to deliver a consolidated view of cash portfolios and provide access to multiple markets. By integrating Arcesium's Treasury Suite with Fund Connect's capabilities, clients can manage payments and cash within a unified ecosystem, thereby improving capital efficiency and reducing operational overhead. The partnership will also facilitate access to major money market funds, enhancing liquidity management for clients.

State Street Corporation (NYSE: STT) has declared a quarterly cash dividend of $0.63 per share, payable on October 13, 2022. Shareholders of record as of October 3, 2022 will receive this dividend. As of June 30, 2022, State Street manages $3.5 trillion in assets and oversees $38.2 trillion in assets under custody. The company operates in over 100 markets globally and employs approximately 40,000 people.

State Street Corporation (NYSE: STT) has announced a quarterly cash dividend on its non-cumulative perpetual preferred stock series. The dividends are as follows:

• Series D: $1,475.00 per share ($0.3687 per depositary share), payable on September 15, 2022, to holders of record by August 31, 2022.
• Series F: $1,386.61 per share ($13.8661 per depositary share), payable on September 15, 2022.
• Series G: $1,337.50 per share ($0.3343 per depositary share), payable on September 15, 2022.

State Street Corporation (NYSE:STT) has appointed Brenda Tsai as the new executive vice president and global chief marketing officer. With over 27 years of experience in marketing, Tsai will lead the global marketing team, enhancing customer acquisition and brand strategy. Her prior roles include chief marketing officer at Bank of New York Mellon and DXC Technology. This strategic appointment aims to strengthen State Street's brand and focus on exceptional client experiences, aligning with the firm’s mission to create better outcomes for investors.