|Bid||77.41 x 800|
|Ask||78.75 x 1000|
|Day's Range||77.50 - 80.15|
|52 Week Range||42.10 - 81.08|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||12.37|
|Earnings Date||Apr 15, 2021 - Apr 19, 2021|
|Forward Dividend & Yield||2.08 (2.62%)|
|Ex-Dividend Date||Mar 31, 2021|
|1y Target Est||87.56|
State Street Corporation (NYSE:STT) today announced that it has issued $850 million senior subordinated bonds at a coupon of 2.20 percent. The offering, which closed yesterday, was structured utilizing an underwriting syndicate substantially made up of Black- and Latinx-Owned Business Enterprises as bookrunners and co-managers.
ETFs are enjoying rapidly growing popularity, and Vanguard now has over $1 trillion under management, joining BlackRock at this elite level.
State Street Corporation (NYSE:STT) today announced the release of a new Peer-to-Peer Repo program for the buy-side. Building from its market-leading position in sponsored repo and securities lending, including peer-to-peer opportunities within its agency lending program, Peer-to-Peer Repo enables competitive financing costs across a broader range of collateral types and yield enhancement opportunities compared to traditional repo markets. State Street guarantees the payment obligations of cash borrowers to cash lenders within the program following a default, thus facilitating bilateral trading by counterparties with varying credit and capital strength.