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STATE STREET CORP 8-K Report, Corporate Update (Aug 12, 2026)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed August 12, 2026
Period End
August 12, 2026
Securities
STTSTT-PG
In the record · 2016–202610-K1210-Q328-K196

STT filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 196 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Jan ’17Jan ’17
  2. Leadership change8-K · Mar ’21Mar ’21
  3. Leadership change8-K · Sep ’25Sep ’25

01—Abstract

Summary

Summary of the 8-K filed August 12, 2026. Cited figures are marked; the original filing is the authoritative source.

State Street Corporation (STT) announced on August 12, 2026, the successful completion of a public offering of 500,000 depositary shares.

Each depositary share represents a 1/100th ownership interest in the company's newly established Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L. This preferred stock has a liquidation preference of $100,000a per share, making each depositary share equivalent to $1,000.

The offering, conducted under a registration statement on Form S-3, is expected to generate approximately $495.7 millionb in net proceeds for State Street after accounting for underwriting discounts and estimated offering expenses. This capital infusion provides State Street with additional financial flexibility and strengthens its capital base.

02—Key points

Key Highlights

  1. State Street completed a public offering of 500,000 depositary shares representing Series L Preferred Stock.
  2. The offering generated approximately $495.7 million in net proceeds for the company.
  3. The Series L Preferred Stock is non-cumulative and perpetual, with a liquidation preference of $100,000 per share.
  4. The offering was made pursuant to a registration statement on Form S-3.
  5. Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC acted as representatives of the underwriters.
  6. A new Series L Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock has been established.
  7. The net proceeds will enhance State Street's capital resources.

03—Questions

Frequently Asked Questions

  1. What are the key terms of the new Series L Preferred Stock?

    The Series L Preferred Stock is Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock. Each depositary share represents a 1/100th ownership interest, with a liquidation preference of $100,000 per share ($1,000 per depositary share). It is non-cumulative, meaning missed dividends are not accumulated.

  2. How much capital did State Street raise from this offering?

    State Street expects to receive approximately $495.7 million in net proceeds from the offering after deducting underwriting discounts and estimated offering expenses.

  3. What is the purpose of this preferred stock offering?

    While not explicitly stated as a purpose in the filing, preferred stock offerings are typically undertaken to strengthen a company's capital base, enhance regulatory capital ratios, and provide financial flexibility for strategic initiatives or general corporate purposes.

  4. Who were the underwriters for this offering?

    The offering was underwritten by a syndicate led by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, acting as representatives of the underwriters.

04—Continue

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