Ken (Analyst)'s questions to State Street Corp (STT) leadership • Q1 2025
Question
Ken from an unknown firm asked about the resilience of State Street's capital return plans amid market uncertainty and whether the environment is affecting new contract signings or client onboarding.
Answer
Interim CFO Mark Keating and CEO Ronald O'Hanley confirmed their plan to return approximately 80% of earnings to shareholders, with an anticipated step-up in Q2 buybacks. They acknowledged a wider range of potential outcomes due to uncertainty but remain confident in the plan. O'Hanley added that they have not seen any meaningful change in client behavior regarding the timing of new business deals or onboarding, reaffirming their annual new business goals.