State Street Corp Files 8-K on Financials & Leadership Changes

Ticker: STT-PG · Form: 8-K · Filed: Oct 15, 2024 · CIK: 93751

State Street Corp 8-K Filing Summary
FieldDetail
CompanyState Street Corp (STT-PG)
Form Type8-K
Filed DateOct 15, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$1
Sentimentneutral

Sentiment: neutral

Topics: financial-results, leadership-change, corporate-governance

Related Tickers: STT

TL;DR

State Street dropped an 8-K: financial updates, board shuffles, and executive appointments. Check it out.

AI Summary

On October 10, 2024, State Street Corporation filed an 8-K report detailing significant corporate events. The filing includes information regarding the company's results of operations and financial condition, the departure and election of directors, the appointment of certain officers, and compensatory arrangements. It also covers Regulation FD disclosures and financial statements and exhibits.

Why It Matters

This filing provides crucial updates on State Street's financial performance and any changes in its board and executive team, which can impact investor confidence and strategic direction.

Risk Assessment

Risk Level: medium — The filing covers financial results and leadership changes, which can introduce uncertainty and affect stock performance.

Key Players & Entities

  • State Street Corporation (company) — Filer of the 8-K report
  • October 10, 2024 (date) — Earliest event reported date
  • 0000093751-24-000722 (accession_number) — SEC filing accession number

FAQ

What specific financial results are being reported in this 8-K?

The filing indicates that 'Results of Operations and Financial Condition' are being reported, but the specific financial figures are detailed within the attached documents, not summarized in the header.

Were there any director departures or elections mentioned?

Yes, the filing explicitly lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' as an item of information.

What is the significance of the 'Regulation FD Disclosure' item?

This indicates that the company is making public disclosures to prevent selective disclosure of material non-public information to analysts or institutional investors.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on October 10, 2024.

What is State Street Corporation's Standard Industrial Classification (SIC) code?

State Street Corporation's SIC code is 6022, which corresponds to 'STATE COMMERCIAL BANKS'.

Filing Stats: 1,005 words · 4 min read · ~3 pages · Grade level 11.8 · Accepted 2024-10-15 07:00:32

Key Financial Figures

  • $1 — ange on which registered Common stock, $1 par value per share STT New York Stock

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On October 15, 2024, State Street Corporation ("State Street") issued a news release announcing its results of operations for the third-quarter of 2024. Copies of that news release and accompanying third-quarter 2024 financial information addendum are furnished herewith as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 10, 2024, Eric Aboaf informed State Street of his intention to step down from his roles as State Street's vice chairman and chief financial officer to take a position with a firm outside of banking. Mr. Aboaf is expected to remain at State Street into February of 2025 through the filing of State Street's annual report on Form 10-K for the 2024 fiscal year with the U.S. Securities and Exchange Commission ("SEC"). State Street has commenced its succession plan with a formal internal and external search process.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On October 15, 2024, State Street made available a slide presentation providing highlights of its third-quarter 2024 results of operations and related information as of September 30, 2024, which is being made available in connection with an October 15, 2024 investor conference call. A copy of that slide presentation is furnished herewith as Exhibit 99.3 and is incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 99.2 99.3 Slide presentation providing highlights of State Street's third-quarter 2024 results of operations and related information (this Exhibit 99.3 is furnished, not filed) * 104 Cover Page Interactive Data File (formatted as Inline XBRL) * Submitted electronically herewith

Forward-Looking Statements

Forward-Looking Statements This current report on Form 8-K contains forward-looking statements within the meaning of United States securities laws, including statements about our expectations regarding the departure of State Street's vice chairman and chief financial officer. Forward-looking statements are often, but not always, identified by such forward-looking terminology as "expect," "intend," "will," "plan," "believe," "anticipate," and "may," or similar statements or variations of such terms. These statements are not guarantees of future performance, are inherently uncertain, are based on current assumptions that are difficult to predict and involve a number of risks and uncertainties. Therefore, actual outcomes and results may differ materially from what is expressed in those statements. Important factors that could cause actual results to differ materially from those indicated by any forward-looking statements are set forth in our 2023 annual report on Form 10-K and our subsequent SEC filings. We encourage investors to read these filings, particularly the sections on risk factors, for additional information with respect to any forward-looking statements and prior to making any investment decision. The forward-looking statements contained in this report should not by relied on as representing our expectations or beliefs as of any time subsequent to the time this report is first filed with the SEC, and we do not undertake efforts to revise those forward-looking statements to reflect events after that time.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. By: /s/ Elizabeth M. Schaefer Name: Elizabeth M. Schaefer, Title: Senior Vice President and Chief Accounting Officer Date: October 15, 2024

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.