State Street Issues Preferred Stock Depositary Shares
Ticker: STT-PG · Form: 8-K · Filed: Oct 23, 2025 · CIK: 93751
| Field | Detail |
|---|---|
| Company | State Street Corp (STT-PG) |
| Form Type | 8-K |
| Filed Date | Oct 23, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1, $1,000,000,000, $993.9 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: preferred-stock, capital-structure, financing
Related Tickers: STT
TL;DR
STT dropped new preferred stock, Series G, on 10/20/25.
AI Summary
On October 20, 2025, State Street Corporation filed an 8-K report detailing the issuance of Depositary Shares. Each share represents a 1/4,000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series G.
Why It Matters
This filing indicates State Street Corporation is issuing new preferred stock, which can impact its capital structure and financial leverage.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of preferred stock issuance and does not contain negative financial news.
Key Numbers
- 1/4,000th — Ownership Interest (Each depositary share represents this fraction of a preferred stock share.)
Key Players & Entities
- State Street Corporation (company) — Registrant
- October 20, 2025 (date) — Date of Earliest Event Reported
- Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series G (security) — Type of stock issued
- 1/4,000th (percentage) — Ownership interest per depositary share
FAQ
What is the specific ticker symbol for the Depositary Shares being issued?
The filing does not explicitly state the ticker symbol for the Depositary Shares in the provided text.
What is the par value or liquidation preference of the preferred stock?
The filing does not specify the par value or liquidation preference of the preferred stock in the provided text.
What is the dividend rate for the Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock?
The filing mentions the stock is 'Fixed-to-Floating Rate' but does not provide the specific initial fixed rate or the floating rate mechanism in the provided text.
What is the purpose of issuing these Depositary Shares?
The filing does not explicitly state the purpose for the issuance of these Depositary Shares in the provided text.
When was the Series G Preferred Stock established or authorized?
The filing indicates the Depositary Shares relate to Series G Preferred Stock, but the exact date of its establishment or authorization is not provided in this excerpt.
Filing Stats: 903 words · 4 min read · ~3 pages · Grade level 10.4 · Accepted 2025-10-23 16:10:44
Key Financial Figures
- $1 — nge on which registered Common stock, $1 par value per share STT New York St
- $1,000,000,000 — eet Corporation ("State Street") issued $1,000,000,000 aggregate principal amount of Fixed-to-
- $993.9 m — offering of the Notes of approximately $993.9 million, after deducting the underwriting
Filing Documents
- d64245d8k.htm (8-K) — 31KB
- d64245dex11.htm (EX-1.1) — 139KB
- d64245dex41.htm (EX-4.1) — 47KB
- d64245dex51.htm (EX-5.1) — 14KB
- g64245g1022233713533.jpg (GRAPHIC) — 2KB
- g64245g1022235831882.jpg (GRAPHIC) — 5KB
- g64245g1023000058815.jpg (GRAPHIC) — 5KB
- 0001193125-25-248752.txt ( ) — 449KB
- stt-20251020.xsd (EX-101.SCH) — 4KB
- stt-20251020_def.xml (EX-101.DEF) — 13KB
- stt-20251020_lab.xml (EX-101.LAB) — 21KB
- stt-20251020_pre.xml (EX-101.PRE) — 14KB
- d64245d8k_htm.xml (XML) — 6KB
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, Chief Accounting Officer and Interim Controller Date: October 23, 2025