secwatch.observer — SEC 8-K summary
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Issuer:     STATE STREET CORP (STT)
CIK:        0000093751
Form:       8-K
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0000093751-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

State Street Q4 EPS $1.91, adjusted $2.07; announces $4.5B buyback authorization
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- EPS $1.91 ($2.07 ex-notables); total revenue $3,155M (+3% YoY); NII $791M (+63%).
- Fee revenue $2,364M (-6% YoY); FX trading +22%, Front office software +28%; securities finance +1%.
- Expenses -3% YoY to $2,256M; pre-tax margin 28.2% (30.9% ex-notables).
- New $4.5B share repurchase authorization for 2023; CET1 ratio 13.6%; ROE 11.8%.
- AUC/A $36.7T (-16% YoY); AUM $3.5T (-16%); ETF net inflows $27B in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93751/000009375123000016/0000093751-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93751/000009375123000016/stt-20230120.htm
  HTML page:      https://secwatch.observer/filing/0000093751-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer