secwatch.observer — SEC 8-K summary
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Issuer:     STATE STREET CORP (STT)
CIK:        0000093751
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0000093751-23-000639
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 Q2 EPS $2.17, revenue up 5% YoY; returns $1.3B to shareholders; plans 10% dividend increase
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- Diluted EPS of $2.17 vs $1.91 YoY; net income $763M up 2% YoY.
- Total revenue $3,110M (+5% YoY) driven by NII growth of 18% to $691M.
- Pre-tax margin 29.5%, ROE 13.0%; returned $1.3B via buybacks ($1.05B) and dividends.
- AUC/A $39.6T (+4%), AUM $3.8T (+9%); CET1 ratio 11.8%, down 1.1ppt YoY.
- Plans to increase common dividend by 10% (third year); up to $4.5B buyback authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93751/000009375123000639/0000093751-23-000639-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93751/000009375123000639/stt-20230714.htm
  HTML page:      https://secwatch.observer/filing/0000093751-23-000639

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