Recent Updates — STT
On July 23, 2026, State Street Bank and Trust Company issued $750,000,000 in 4.701% Senior Notes due 2029 and $500,000,000 in 5.217% Senior Notes due 2034. The company expects to receive net proceeds of approximately $1.244 billion after expenses. State Street Corporation is a financial services company providing investment and asset management solutions.
State Street Corporation reported second-quarter 2026 results, featuring total revenue of $4.05 billion, a 17% increase year-over-year, and diluted earnings per share of $3.65, up 68% from $2.17 in 2Q25. Net income reached $1.08 billion, compared to $693 million in the prior-year period. The company achieved record assets under custody and/or administration of $57.9 trillion and record assets under management of $6.3 trillion. Management also announced a 10% increase to the third-quarter common stock dividend. The company updated its full-year 2026 outlook, raising fee revenue guidance to a 12%–13% increase and net interest income guidance to a 14%–15% increase. State Street is a financial services provider for institutional investors, specializing in investment servicing, management, and research.