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State Street Corporation 8-K Report: Key Insights on Stock Classes and Financial Health

$STT
Form 8-K
Filed on: 2025-03-05
Source
State Street Corporation 8-K Report: Key Insights on Stock Classes and Financial Health

The extracted information from the provided financial report section includes the following key details:

  1. Company Information:
  • Name: State Street Corporation
  • CIK: 0000093751
  • Address: One Congress Street, Boston, MA 02114
  • Phone: (617) 786-3000
  • Ticker Symbols: STT (Common stock) and STT.PRG (Series G Preferred Stock)
  1. Filing Details:
  • Form: 8-K
  • Filing Date: March 5, 2025
  • SEC File Number: 001-07511
  • IRS Employer Identification: 04-2456637
  1. Stock Information:
  • Common Stock:
    • Par Value: $1 per share
    • Exchange: NYSE
  • Preferred Stock:
    • Type: Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series G
    • Par Value: None (without par value)
  1. Financial Reporting Contexts:
  • Reporting Period: March 5, 2025
  • Stock Classes:
    • Common Stock
    • Series G Preferred Stock Depository Shares
  1. Regulatory Framework:
  • The filing adheres to the US Generally Accepted Accounting Principles (US GAAP) as indicated by the use of specific dimensions and member identifiers.

Insights:

  • The company is reporting on significant stock classes, indicating an active capital structure involving both common and preferred stocks.
  • The Series G Preferred Stock features a fixed-to-floating rate, which may appeal to investors seeking income stability with potential for rate adjustments.
  • The filing date aligns with a specific event that warrants an 8-K disclosure, typically significant enough to inform investors of important corporate changes or financial matters.
  • The inclusion of both common and preferred stocks suggests a diversified equity strategy aimed at attracting different types of investors.

This information reflects the company’s financial position and strategy as of the stated filing date, crucial for stakeholders analyzing State Street Corporation's market activities and financial health.