State Street launches Apollo private credit ETF By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
0mins
Source: Investing.com
Launch of New ETF: State Street Global Advisors has launched the SPDR SSGA Apollo IG Public & Private Credit ETF, providing retail investors access to a diversified portfolio of private credit assets, with a unique structure allowing up to 35% in illiquid assets due to a liquidity agreement with Apollo Global Management.
Liquidity Concerns: While the new ETF is expected to pave the way for similar products, concerns remain regarding liquidity during market selloffs, as private credit is inherently illiquid and the ETF's performance will be closely monitored by regulators.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy STT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on STT
Wall Street analysts forecast STT stock price to fall
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 142.740
Low
128.00
Averages
142.27
High
168.00
Current: 142.740
Low
128.00
Averages
142.27
High
168.00
About STT
State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors. It operates through two lines of business: Investment Servicing and Investment Management. Its Investment Servicing line of business provides a range of services and market and financing solutions to institutional clients, including mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, investment managers, foundations and endowments worldwide. Through State Street Investment Services, State Street Markets and State Street Alpha, it offers a range of solutions, including transaction management, derivatives, collateral services, and others. Investment Management line of business provides a range of investment management solutions and products through State Street Investment Management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
STATE STREET CORP REPORTS Q1 FEE REVENUE OF $2.96 BILLION
- Total Fee Revenue: The total fee revenue reported by the company is $2.96 billion for the first quarter.
- Financial Performance: This figure reflects the company's financial performance and revenue generation capabilities in the specified period.
See More
STATE STREET CORP REPORTS Q1 ADJUSTED EPS OF $2.84
- Company Overview: States Street Corp reported a Q1 adjusted earnings per share (EPS) of $2.84.
- Financial Performance: The earnings reflect the company's financial health and performance in the first quarter of the fiscal year.
See More
STATE STREET CORPORATION (NYSE: STT) ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER OF 2026
Financial Performance: State Street Corporation reported its financial results for the first quarter of 2026, highlighting key metrics and performance indicators.
Market Impact: The report may influence investor sentiment and market trends, reflecting the company's position in the financial sector.
See More
State Street Q1 Earnings Announcement Scheduled
- Earnings Release Date: State Street (STT) is set to announce its Q1 earnings on April 17 before market open, with a consensus EPS estimate of $2.64, reflecting a 29.4% year-over-year increase, which could further validate the company's growth potential amid market recovery.
- Revenue Growth Expectations: The anticipated revenue for Q1 is $3.69 billion, representing a 12.5% year-over-year increase, indicating the company's ongoing efforts in organic growth and market recovery, potentially boosting investor confidence.
- Historical Performance: Over the past two years, State Street has beaten EPS estimates 100% of the time and revenue estimates 88% of the time, which may attract more investor attention due to this consistent performance record.
- Revision Trends: In the last three months, EPS estimates have seen 7 upward revisions and 1 downward revision, while revenue estimates have experienced 6 upward revisions with no downward adjustments, suggesting increasing analyst confidence in the company's future performance.
See More
State Street Q1 Earnings Exceed Expectations
- Earnings Beat: State Street reported a Q1 Non-GAAP EPS of $2.84, surpassing expectations by $0.20, indicating robust profitability that boosts investor confidence in the company's financial health.
- Significant Revenue Growth: The company achieved revenues of $3.8 billion in Q1, reflecting a 15.9% year-over-year increase and exceeding forecasts by $110 million, showcasing strong performance amid market recovery and solidifying its market position.
- Increase in Investment Servicing AUC/A: As of quarter-end, Investment Servicing AUC/A rose 17% to $54.5 trillion, primarily driven by higher market levels, inflows, and new business, highlighting the company's strong growth potential in asset management.
- Growth in Investment Management AUM: Investment Management AUM increased by 20% to $5.6 trillion at quarter-end, mainly due to rising market levels and net inflows, demonstrating the company's success in attracting clients and capital.
See More
State Street to Host Q1 2026 Earnings Call
- Earnings Call Scheduled: State Street Corp. will host a conference call on April 17, 2026, at 11:00 AM ET to discuss its Q1 2026 earnings results, which is expected to provide critical insights into the company's financial health.
- Webcast Access: Investors can access the live webcast by visiting http://investors.statestreet.com, ensuring transparency and enhancing engagement with stakeholders during the earnings discussion.
- Dial-in Information: Participants can join the call by dialing (+1) 805 309 0220 with passcode 68683#, facilitating real-time access to financial data and management's analysis for investors.
- Source Disclaimer: The views expressed in the article are solely those of the author and do not necessarily reflect those of Nasdaq, Inc., reminding investors to exercise caution when interpreting the information provided.
See More
STATE STREET CORP REPORTS Q1 FEE REVENUE OF $2.96 BILLION
- Total Fee Revenue: The total fee revenue reported by the company is $2.96 billion for the first quarter.
- Financial Performance: This figure reflects the company's financial performance and revenue generation capabilities in the specified period.
See More
STATE STREET CORP REPORTS Q1 ADJUSTED EPS OF $2.84
- Company Overview: States Street Corp reported a Q1 adjusted earnings per share (EPS) of $2.84.
- Financial Performance: The earnings reflect the company's financial health and performance in the first quarter of the fiscal year.
See More
STATE STREET CORPORATION (NYSE: STT) ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER OF 2026
Financial Performance: State Street Corporation reported its financial results for the first quarter of 2026, highlighting key metrics and performance indicators.
Market Impact: The report may influence investor sentiment and market trends, reflecting the company's position in the financial sector.
See More
State Street Q1 Earnings Announcement Scheduled
- Earnings Release Date: State Street (STT) is set to announce its Q1 earnings on April 17 before market open, with a consensus EPS estimate of $2.64, reflecting a 29.4% year-over-year increase, which could further validate the company's growth potential amid market recovery.
- Revenue Growth Expectations: The anticipated revenue for Q1 is $3.69 billion, representing a 12.5% year-over-year increase, indicating the company's ongoing efforts in organic growth and market recovery, potentially boosting investor confidence.
- Historical Performance: Over the past two years, State Street has beaten EPS estimates 100% of the time and revenue estimates 88% of the time, which may attract more investor attention due to this consistent performance record.
- Revision Trends: In the last three months, EPS estimates have seen 7 upward revisions and 1 downward revision, while revenue estimates have experienced 6 upward revisions with no downward adjustments, suggesting increasing analyst confidence in the company's future performance.
See More
State Street Q1 Earnings Exceed Expectations
- Earnings Beat: State Street reported a Q1 Non-GAAP EPS of $2.84, surpassing expectations by $0.20, indicating robust profitability that boosts investor confidence in the company's financial health.
- Significant Revenue Growth: The company achieved revenues of $3.8 billion in Q1, reflecting a 15.9% year-over-year increase and exceeding forecasts by $110 million, showcasing strong performance amid market recovery and solidifying its market position.
- Increase in Investment Servicing AUC/A: As of quarter-end, Investment Servicing AUC/A rose 17% to $54.5 trillion, primarily driven by higher market levels, inflows, and new business, highlighting the company's strong growth potential in asset management.
- Growth in Investment Management AUM: Investment Management AUM increased by 20% to $5.6 trillion at quarter-end, mainly due to rising market levels and net inflows, demonstrating the company's success in attracting clients and capital.
See More
State Street to Host Q1 2026 Earnings Call
- Earnings Call Scheduled: State Street Corp. will host a conference call on April 17, 2026, at 11:00 AM ET to discuss its Q1 2026 earnings results, which is expected to provide critical insights into the company's financial health.
- Webcast Access: Investors can access the live webcast by visiting http://investors.statestreet.com, ensuring transparency and enhancing engagement with stakeholders during the earnings discussion.
- Dial-in Information: Participants can join the call by dialing (+1) 805 309 0220 with passcode 68683#, facilitating real-time access to financial data and management's analysis for investors.
- Source Disclaimer: The views expressed in the article are solely those of the author and do not necessarily reflect those of Nasdaq, Inc., reminding investors to exercise caution when interpreting the information provided.
See More
