State Street Corporation Announces Preliminary Stress Capital Buffer Requirement, Intention to Increase Its Quarterly Common Stock Dividend to $0.57 Per Share and Release of Its 2021 Dodd-Frank Annual Stress Test Results
State Streets calculated SCB under this years supervisory stress test was well below the 2.5% minimum, preliminarily resulting in an SCB at that floor.
- State Streets calculated SCB under this years supervisory stress test was well below the 2.5% minimum, preliminarily resulting in an SCB at that floor.
- We are pleased with our solid performance under the 2021 annual stress test, which is another testament to the resiliency and capital stability of our business model.
- State Streets Board of Directors will consider the common stock dividend at a regularly scheduled board meeting in the third quarter of 2021.
- This release follows the earlier announcement of the Federal Reserves supervisory stress test results for covered institutions, including State Street, based on its own methodology.