secwatch.observer — SEC 8-K summary
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Issuer:     STATE STREET CORP (STT)
CIK:        0000093751
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0000093751-25-000220
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

State Street Q1 EPS $2.04, revenue up 5% YoY; announces $1B note redemption
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- Diluted EPS $2.04, up 49% YoY; adjusted EPS up ~21% excluding prior-year FDIC charge.
- Total revenue $3,284M (+5% YoY); fee revenue $2,570M (+6%) driven by management fees (+10%) and securities finance (+19%).
- Expenses down 3% GAAP; up 3% ex-notables; pre-tax margin 25.0% vs 19.1% a year ago.
- Standardized CET1 ratio 11.0%; returned $320M to common shareholders via dividends and buybacks.
- Redeeming $1B 5.104% Senior Notes due 2026 on May 18, 2025 at par plus accrued interest (cash on hand).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93751/000009375125000220/0000093751-25-000220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93751/000009375125000220/stt-20250417.htm
  HTML page:      https://secwatch.observer/filing/0000093751-25-000220

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