8-KEarnings & ResultsLeadership ChangesRegulation FD+1

STATE STREET CORP 8-K Report, Financial Results (Oct 26, 2016)

Filed October 26, 2016For Securities:STTSTT-PG

Summary

State Street Corporation (STT) filed an 8-K on October 26, 2016, primarily to report its third-quarter 2016 financial results. The filing includes a news release and accompanying financial information detailing the company's performance for the quarter ending September 30, 2016. Investors should note that this report focuses on the release of this financial data and does not contain extensive forward-looking statements or significant operational changes beyond the disclosed financial performance. Additionally, the 8-K announced the confirmed retirement date of Vice Chairman James S. Phalen, who plans to retire on January 20, 2017, after a long tenure with the company. The filing also references a slide presentation made available in connection with an investor conference call, offering further insights into the third-quarter results.

Key Highlights

  • 1State Street Corporation announced its third-quarter 2016 results of operations via a news release filed on October 26, 2016.
  • 2The filing incorporates by reference the news release (Exhibit 99.1) and a financial information addendum (Exhibit 99.2) for Q3 2016.
  • 3Vice Chairman James S. Phalen's retirement is confirmed for January 20, 2017, after almost 25 years with the company.
  • 4A slide presentation (Exhibit 99.3) related to the Q3 2016 results was made available for an investor conference call.
  • 5The report serves to disclose material information regarding the company's recent financial performance and a key executive departure.
  • 6Investors can find detailed financial performance metrics within the furnished Exhibits 99.1 and 99.2.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and provide access to State Street Corporation's financial results for the third quarter of 2016, along with related commentary and information.

The detailed financial performance for the third quarter of 2016 is available in the news release (Exhibit 99.1) and the accompanying financial information addendum (Exhibit 99.2), which are furnished as part of this 8-K filing and incorporated by reference.

Yes, the filing confirms that Vice Chairman James S. Phalen will retire on January 20, 2017. He had previously announced his intention to retire.

Exhibit 99.3 is a slide presentation that provides highlights of State Street's third-quarter 2016 results and related information. It was made available in connection with an investor conference call held on October 26, 2016, offering investors a visual overview of the quarterly performance.