secwatch.observer — SEC 8-K summary
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Issuer:     STATE STREET CORP (STT)
CIK:        0000093751
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0000093751-24-000722
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

State Street reports record Q3 EPS of $2.26; CFO Eric Aboaf to step down
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- Record EPS $2.26, net income $730M (+73% YoY); total revenue $3.259B (+21%).
- Fee revenue $2.616B (+11%), NII $723M (+16%); included $81M loss from portfolio repositioning and $66M gain on equity sale.
- AUC/A $46.8T (+17%), new AUC/A wins $466B; record AUM net inflows $100B.
- Returned $674M to shareholders ($450M buybacks, $224M dividends); CET1 ratio 11.6%.
- CFO Eric Aboaf to step down in February 2025; internal and external search underway.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93751/000009375124000722/0000093751-24-000722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93751/000009375124000722/stt-20241010.htm
  HTML page:      https://secwatch.observer/filing/0000093751-24-000722

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