NYSE:STT

State Street Corporation announced plans to launch a tokenized fund servicing capability from Luxembourg by the end of 2026, expanding its digital asset infrastructure.

The new service, built on the firm’s Digital Asset Platform, will enable the issuance, administration, and custody of tokenized funds while integrating them with traditional fund structures under a unified operating model. State Street Investment Management is expected to be an early adopter.

The company said Luxembourg was chosen due to its supportive regulatory framework for digital assets, with the initiative aimed at combining traditional and digital fund operations within a consistent governance and risk framework.

Source: State Street press release, Business Wire
State Street Corporation reported a strong start to 2026, posting first-quarter earnings per share of $2.49, or $2.84 excluding notable items, alongside record revenue performance driven by broad-based growth across its businesses. Total revenue rose 16% year-over-year to $3.8 billion, supported by a 15% increase in fee revenue and a 17% rise in net interest income, while net income climbed 19% to $764 million.

The company highlighted significant expansion in its core asset base, with assets under custody and administration (AUC/A) increasing 17% to $54.5 trillion and assets under management (AUM) rising 20% to $5.6 trillion, largely reflecting favorable market conditions and net inflows. Operational momentum was also evident in new business wins, including $56 million in servicing fee revenue and $365 billion in new AUC/A mandates during the quarter.

Growth was broad across segments, with management fees up 23%, foreign exchange trading revenue rising 29%, and servicing fees increasing 11%. The firm also reported record FX trading volumes and continued gains in ETF inflows and software-related revenues. Despite a 15% increase in expenses—partly due to restructuring and investment costs—State Street maintained solid profitability, delivering a pre-tax margin of 25.5% and positive operating leverage.

CEO Ron O’Hanley emphasized the company’s resilience and diversified model, noting that continued strategic execution and client-focused operations drove the strong quarterly performance, while acknowledging ongoing macroeconomic and geopolitical uncertainties.
State Street announced it will support Dimensional Fund Advisors’ rollout of ETF share classes for U.S. mutual funds, marking the first implementation of this structure under new SEC rules.

Dimensional becomes the first U.S. asset manager to introduce ETF share classes within actively managed mutual funds, a development expected to enhance tax efficiency and reduce costs for investors.

State Street will provide full-service support, including custody, fund accounting, ETF operations, and reporting, leveraging its global ETF servicing capabilities to enable the launch.
Business Wire
State Street Corporation (NYSE: STT) is going to announce its first-quarter 2026 financial results on Friday, April 17, 2026 at 7:30 a.m. ET. A conference call will be held at 11:00 a.m. ET.
State Street Investment Management launched the State Street IG Public & Private ABS ETF (PRAB), an actively managed exchange-traded fund designed to give investors broader exposure to investment-grade asset-backed securities across both public and private markets.

The fund invests in securities such as collateralized loan obligations (CLOs) and residential and commercial mortgage-backed securities, aiming to provide diversified income opportunities and potentially higher yields compared with corporate bonds of similar risk.

State Street said the ETF responds to growing investor demand for access to the global asset-backed finance market, which exceeds $20 trillion but remains underrepresented in traditional bond portfolios.
Business Wire
State Street Investment Management has expanded its MyIncome ETF lineup with the launch of five actively managed high yield corporate bond target maturity ETFs, adding to what it calls the industry’s first actively managed corporate target maturity ETF suite.

The new funds — My2027 (MYHA), My2028 (MYHB), My2029 (MYHC), My2030 (MYHD) and My2031 (MYHE) High Yield Corporate Bond ETFs — provide exposure to high yield bonds with matching maturity years from 2027 through 2031. The ETFs are designed to help investors build bond ladders that manage interest rate risk while offering predictable income and liquidity.

Managed by the firm’s fixed income team, the funds aim to maximize yield while preserving capital and managing liquidity, sector and issuer concentration risks. Each ETF is structured to distribute remaining principal and liquidate around December 15 of its respective maturity year. As of January 31, 2026, assets under management in the MyIncome suite totaled $298 million.

Source:Business Wire
State Street Corporation (NYSE:STT) announced a quarterly cash dividend of $0.84 per share of common stock, payable on April 13, 2026 to common shareholders of record at the close of business on April 1, 2026.

Additionally, State Street Corporation announced a cash dividend on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” “J,” and “K”
State Street Corporation announced that Mariner will implement Charles River’s Wealth Management Solution to streamline operations and support its expansion to **5,000 advisors**, up from more than 2,080 today.

The platform, developed by Charles River Development, will centralize portfolio management, trading, custodial data integration, and enterprise data management. The goal is to improve efficiency, reduce operational complexity, and create a scalable technology foundation without disrupting advisor or client experience.

Mariner, which advises on over **$632 billion** in assets, said the partnership supports its long-term growth strategy and modernization efforts.

As of December 31, 2025, State Street reported **$53.8 trillion** in assets under custody and/or administration and **$5.7 trillion** in assets under management.

Source: Business Wire
State Street Investment Management has launched the **State Street Prime Money Market ETF (MMK)**, an actively managed ETF designed to provide flexible, transparent, and cost-effective cash management.

The ETF aims to maximize current income while preserving capital and liquidity, investing in short-term, high-quality debt instruments such as U.S. government securities, certificates of deposit, commercial paper, asset-backed securities, mortgage-related securities, and repurchase agreements.

With an expense ratio of **18 basis points**, MMK is among the lowest-cost active prime money market ETFs in the U.S. As of December 31, 2025, State Street’s cash team managed approximately **$599.55 billion** in assets.

Source: Business Wire.
State Street Corporation announced a collaboration with the Abu Dhabi Investment Office (ADIO) to establish a new operations hub in the Al Ain region of Abu Dhabi, creating more than 300 new financial services jobs over the next four years. The initiative is part of State Street’s long-term expansion strategy in the UAE and the Middle East, supporting Abu Dhabi’s goals of economic diversification and talent development.

The new hub will focus on building local Emirati talent through job creation, university partnerships, internships, and training programs, while strengthening State Street’s role within the Abu Dhabi Global Market ecosystem. The agreement also aligns with ADIO’s FinTech, Insurance, Digital and Alternative Assets cluster, aimed at developing high-value financial capabilities and reinforcing Abu Dhabi’s position as a global financial center.

Source: Business Wire