$STT (State Street Corporation)

$STT {{ '2016-03-16T19:25:21+0000' | timeago}} • SEC

$STT's interest-bearing deposits with banks averaged $69.75Bil for 2015. Average investment securities decreased to $105.61Bil while average loans and leases increased to $17.95Bil for 2015. Mutual fund lending and senior secured bank loans averaged approx. $12.73Bil for 2015.

$STT {{ '2017-12-15T11:35:08+0000' | timeago}} • Announcement

$STT BoD announced a quarterly cash dividend of $0.42 per share of common stock. The dividend is payable on Jan. 17, 2018 to common shareholders of record at the close of business on Jan. 2, 2018.

$STT {{ '2017-11-07T16:31:09+0000' | timeago}} • Announcement

$STT said Cyrus Taraporevala succeeds Ron O'Hanley as president and CEO of State Street Global Advisors. Mike Rogers, who O'Hanley is succeeding as president and COO of $STT, will retire at the end of 2017.

$STT {{ '2017-11-07T16:29:47+0000' | timeago}} • Announcement

$STT said Jay Hooley will retire as CEO by the end of 2018 and will remain as chairman throughout 2019. The BoD appointed Ron O’Hanley, previously vice chairman of $STT and president and CEO of State Street Global Advisors, to president and COO. O'Hanley will succeed Hooley as CEO.

$STT {{ '2017-10-23T18:08:28+0000' | timeago}} • Infographic

$STT State Street Corp. Earnings AlphaGraphics: Q3 2017 highlights

$STT {{ '2017-10-23T11:26:42+0000' | timeago}} • Announcement

With higher market interest rates lifting the net interest income by 12.3% to $603MM and total revenue by 8.6% to $2.85Bil in 3Q17, $STT saw net income jump 24% to $629MM or $1.66 per diluted share. Adjusted diluted EPS soared 27% to $1.71.

$STT {{ '2017-10-18T15:49:25+0000' | timeago}} • Announcement

$STT has declared a dividend of $1,312.50 per share on its series-C preferred stock, and $1,475 per share on series-D stock. The company also announced a $1,500/share dividend on its series-E preferred stock and $1,337.50 per share on series-G stock. The dividends are payable on December 15, 2017, to the holders of record on November 30, 2017.

$STT {{ '2017-09-12T16:18:43+0000' | timeago}} • Announcement

$STT appointed Ilene Fiszel Bieler as SVP of Investor Relations (IR) with responsibility for managing relationships with its shareholders and analysts. Ilene replaces Anthony Ostler who is moving to a client leadership position within $STT's Global Services division. Bieler most recently was MD and head of IR and Strategy for Americas at Barclays.

$STT {{ '2017-06-29T13:29:41+0000' | timeago}} • Announcement

$STT received no objection from the Federal Reserve for its capital plan. The plan include an increase in quarterly dividend from $0.38 to $0.42 per share, starting in 3Q17, and repurchase of up to $1.4Bil of common stock, effective July 1, 2017 through June 30, 2018.

$STT {{ '2017-05-08T17:45:59+0000' | timeago}} • Announcement

$STT's asset management business, State Street Global Advisors (SSGA), announced that Dave Ireland will return to SSGA as the new global head of Defined Contribution. Based in Boston, Mr. Ireland will report to Barry F.X. Smith, head of the Americas Institutional Client Group.

$BLK {{ '2017-04-26T14:51:22+0000' | timeago}} • Webcast

In terms of the $BLK transition, $STT said it will occur beginning in 2018 and is likely to take next several quarters to be completed. BlackRock has chosen $JPM as custodian to more than $1 trillion in BlackRock client assets. $STT had been custodian of the assets.

$STT {{ '2017-04-26T11:45:54+0000' | timeago}} • Announcement

$STT's net interest income for 1Q17 increased 2.6% from 1Q16. The increase was primarily due to higher market interest rates in the U.S. and disciplined liability pricing, partially offset by lower interest earning assets and lower non-U.S. investment portfolio yields. Net interest margin rose to 117 basis points from 112 basis points in 1Q16.

$STT {{ '2017-04-26T11:44:46+0000' | timeago}} • Announcement

$STT reported a jump in 1Q17 earnings driven by 12% increase in fee revenue, continued expense control and further progress across its strategic priorities. Net income rose to $446MM or $1.15 per share from $319MM or $0.79 per share last year. Revenue grew 7.4% to $2.67Bil. Operating EPS increased to $1.21 from $0.98.

$DST {{ '2017-03-27T14:45:36+0000' | timeago}} • Announcement

In the UK, $DST unit will acquire $STT's ownership interest in IFDS U.K. or a total cash consideration of $175MM. DST expects the transaction to be accretive to diluted EPS by $0.18 to $0.22 in the next twelve months, before costs and charges. The IFDS U.K. acquisition has closed.

$DST {{ '2017-03-27T14:43:08+0000' | timeago}} • Announcement

$DST unit will acquire $STT's ownership interest in BFDS by delivery of 2.0MM State Street shares for about $157.6MM. DST expects the transaction to be accretive to diluted EPS by $0.15 to $0.19 in the next twelve months, before costs and charges. The BFDS acquisition is expected to close within the next several days.

$DST {{ '2017-03-27T14:40:18+0000' | timeago}} • Announcement

$DST entered definitive agreements to buy State Street's ownership interest in the Boston Financial Data Services, Inc. JV (BFDS) and International Financial Data Services Ltd JV (IFDS) in the UK from $STT. Following completion of these acquisitions, DST will own 100% of the equity interests in both BFDS and IFDS U.K.

$STT {{ '2017-01-25T15:11:32+0000' | timeago}} • Webcast

In 2017, $STT is targeting positive fee operating leverage of 100-200BP. Supporting this target, the company expects operating basis fee revenue to grow by 4-6% and $STT has increased its expected 2017 net State Street Beacon operating basis savings to $140MM.

$STT {{ '2017-01-25T15:04:43+0000' | timeago}} • Webcast

During 4Q16, $STT’s foreign exchange trading revenue increased from 4Q15 and 3Q16 reflecting higher volatility and client-related volumes. Securities finance revenue increased from 4Q15, primarily reflecting growth and enhanced custody, partially offset by lower agency revenue.

$STT {{ '2017-01-25T14:53:55+0000' | timeago}} • Webcast

$STT recorded net asset servicing wins of approx. $1.4 trillion in 2016, including $180Bil in 4Q16, reflecting strong growth with significant participation from Europe. In the SSgA  asset management business, $STT experienced net inflows of $16Bil during 4Q16. SSgA also finished 2016 with approx. $46Bil in assets under management.

$STT {{ '2017-01-25T12:34:28+0000' | timeago}} • Announcement

Financial holding company $STT reported an increase in 4Q16 earnings. Net income was $557MM or $1.43 per share compared to $547MM or $1.34 per share in 4Q15. Total revenues decreased 0.3% to $2.53Bil in 4Q16.

$STT {{ '2016-12-16T17:08:25+0000' | timeago}} • Announcement

$STT said it appointed Ronald O'Hanley as its Vice Chairman, effective Jan. 1, 2017, who will remain as the President and CEO of State Street Global Advisors.

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