State Street Corporation Announces Planned 11% Dividend Increase and Preliminary Stress Capital Buffer Requirement
The Company also announced today that it had completed the Federal Reserve’s 2025 Supervisory Stress Test process. State Street’s calculated Stress Capital Buffer (SCB) under this year’s supervisory stress test was well below the
“The results of the Federal Reserve’s stress test reaffirm State Street's robust financial strength and our ability to support clients through a range of severely adverse economic conditions,� said Chairman and Chief Executive Officer Ron O’Hanley. “We are pleased to once again announce a planned increase to our quarterly common dividend, enabled by our strong earnings, resilient balance sheet and continued execution of our strategy,� O’Hanley added.
State Street’s Board of Directors will consider the common stock dividend at a regularly scheduled board meeting in the third quarter of 2025. State Street’s third quarter 2025 common stock and other stock dividends, including the declaration, timing and amount, remain subject to consideration and approval by State Street’s Board of Directors at the relevant times.
Stock purchases under State Street’s common share repurchase program may be made using various types of transactions, including open-market purchases, accelerated share repurchases or other transactions off the market, and may be made under Rule 10b5-1 trading programs. The timing and amount of any stock purchases and the type of transaction may not be ratable over the duration of the program, may vary from reporting period to reporting period and will depend on several factors, including State Street’s capital position and financial performance, investment opportunities, market conditions, the nature and timing of implementation of revisions to the Basel III framework and the amount of common stock issued as part of employee compensation programs. The common share repurchase program does not have specific price targets and may be suspended at any time.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With
*Assets under management as of March 31, 2025, includes approximately
Forward Looking Statements
This News Release contains forward-looking statements within the meaning of
This News Release references important factors that may affect future results and outcomes. In addition to those factors, other important factors that could cause actual results to differ materially from those indicated by any forward-looking statements are set forth in our 2024 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 News Release should not by relied on as representing our expectations or beliefs as of any time subsequent to the time this News Release is first issued, and we do not undertake efforts to revise those forward-looking statements to reflect events after that time.
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Source: State Street Corporation