STT - State Street Corp Stock Price, Fair Value and News

75.32USD-0.03 (-0.04%)Market Closed

Market Summary

USD75.32-0.03

Market Closed

-0.04%

STT Stock Price

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STT RSI Chart

STT Valuation

Market Cap

22.7B

Price/Earnings (Trailing)

12.22

Price/Sales (Trailing)

1.9

EV/EBITDA

7.68

Price/Free Cashflow

12.32

STT Price/Sales (Trailing)

STT Profitability

EBT Margin

18.58%

Return on Equity

7.6%

Return on Assets

0.55%

Free Cashflow Yield

8.12%

STT Fundamentals

STT Revenue

Revenue (TTM)

12.0B

Rev. Growth (Yr)

1.19%

Rev. Growth (Qtr)

3.12%

STT Earnings

Earnings (TTM)

1.9B

Earnings Growth (Yr)

-15.66%

Earnings Growth (Qtr)

120.48%

Breaking Down STT Revenue

52 Week Range

63.1177.49

(Low)(High)

Last 7 days

Last 30 days

-0.5%

Last 90 days

3.2%

Trailing 12 Months

9.2%

How does STT drawdown profile look like?

STT Financial Health

Debt/Equity

0.76

Debt/Cashflow

0.15

STT Investor Care

Dividend Yield

3.58%

Dividend/Share (TTM)

2.7

Buy Backs (1Y)

9.87%

Diluted EPS (TTM)

5.42

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	12.0B	0	0	0
2023	12.2B	12.3B	12.1B	11.9B
2022	12.2B	12.1B	12.0B	12.1B
2021	11.6B	11.7B	11.9B	12.0B
2020	11.9B	12.0B	11.8B	11.7B
2019	12.0B	11.8B	11.7B	11.8B
2018	11.7B	11.9B	12.1B	12.1B
2017	10.5B	10.7B	10.9B	11.3B
2016	10.2B	10.2B	10.2B	10.3B
2015	10.4B	10.4B	10.4B	10.4B
2014	9.9B	10.0B	10.1B	10.3B
2013	9.7B	9.8B	9.8B	9.9B
2012	9.7B	0	0	9.6B
2011	9.3B	9.5B	9.6B	9.6B
2010	8.9B	9.1B	9.2B	0
2009	10.1B	9.6B	9.0B	8.6B
2008	0	9.1B	9.9B	10.7B
2007	0	0	0	8.3B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of State Street Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	bisegna anthony	sold	-313,559	73.64	-4,258	executive vice president
Feb 29, 2024	aboaf eric w.	sold	-886,800	73.9	-12,000	vice chairman and cfo
Feb 23, 2024	franz brian j	acquired	-	-	11,660	executive vice president
Feb 23, 2024	timby sarah	acquired	-	-	5,210	evp and chief admin officer
Feb 23, 2024	ambrosius joerg	acquired	-	-	9,503	executive vice president
Feb 23, 2024	timby sarah	sold (taxes)	-123,762	73.58	-1,682	evp and chief admin officer
Feb 23, 2024	aboaf eric w.	acquired	-	-	23,471	vice chairman and cfo
Feb 23, 2024	appleyard ian	sold (taxes)	-113,313	73.58	-1,540	evp, cao and global controller
Feb 23, 2024	hung yie-hsin	acquired	-	-	29,505	evp; president and ceo of ssga
Feb 23, 2024	plansky john	acquired	-	-	15,104	executive vice president

Which funds bought or sold STT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Parallel Advisors, LLC	added	6.77	11,299	183,992	-%
May 06, 2024	Investors Research Corp	unchanged	-	-112	61,856	0.01%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	reduced	-1.58	-97,880	5,459,720	0.04%
May 06, 2024	Mystic Asset Management, Inc.	new	-	259,022	259,022	0.11%
May 06, 2024	Carnegie Capital Asset Management, LLC	reduced	-79.12	-786,904	207,218	0.01%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	added	11.27	63,859	640,394	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	added	4.00	74.00	2,011	-%
May 06, 2024	Cohen Capital Management, Inc.	unchanged	-	-420	231,960	0.04%
May 06, 2024	LSV ASSET MANAGEMENT	added	10.53	29,288,000	312,693,000	0.65%
May 06, 2024	Merit Financial Group, LLC	new	-	283,571	283,571	0.01%

Are Funds Buying or Selling STT?

Are funds buying STT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own STT

No. of Funds

Unveiling State Street Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	dodge & cox	6.6%	20,414,894	SC 13G/A
Feb 13, 2024	vanguard group inc	12.01%	37,066,919	SC 13G/A
Jan 25, 2024	state street corp	4.80%	14,803,870	SC 13G/A
Jan 25, 2024	blackrock inc.	8.1%	24,910,069	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	2.1%	7,649,336	SC 13G/A
Feb 14, 2023	dodge & cox	6.0%	21,943,754	SC 13G/A
Feb 10, 2023	state street corp	5.12%	18,771,173	SC 13G/A
Feb 10, 2023	vanguard group inc	12.71%	44,353,381	SC 13G/A
Feb 09, 2023	vanguard group inc	9.44%	34,631,367	SC 13G/A
Feb 07, 2023	blackrock inc.	7.5%	27,697,906	SC 13G/A

Recent SEC filings of State Street Corp

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
Apr 12, 2024	8-K	Current Report
Apr 10, 2024	SC 13G	Major Ownership Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 10, 2024	SC 13G	Major Ownership Report
Apr 08, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	ARS/A	ARS/A

Peers (Alternatives to State Street Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	116.1B	18.3B	-2.05%	21.46%	19.62	6.33	5.32%	20.80%
BX	86.8B	10.3B	-4.77%	49.67%	40.34	8.41	116.39%	249.10%
BK	42.9B	19.6B	1.16%	38.31%	12.86	2.19	78.39%	20.24%
ARES	42.2B	3.6B	2.35%	67.53%	89.04	11.63	18.87%	183.11%
BEN	12.3B	8.1B	-13.86%	-8.12%	13.64	1.51	2.98%	5.84%
MID-CAP
IVZ	6.7B	5.8B	-10.63%	-8.66%	-19.85	1.16	-1.10%	-153.42%
AMG	5.0B	2.0B	-6.16%	9.63%	7.2	2.43	-8.91%	-39.33%
AB	3.8B	-	-4.66%	-4.97%	13.72	-	-	7.16%
CNS	3.6B	486.3M	-2.34%	30.93%	28.11	7.38	-9.75%	-22.27%
APAM	3.5B	1.0B	-3.56%	33.04%	15.09	3.47	6.21%	20.27%
AMK	2.5B	722.2M	-1.77%	26.69%	17.55	3.5	12.85%	46.40%
SMALL-CAP
PX	885.9M	241.7M	-9.17%	-23.70%	-128.73	3.66	21.87%	-123.56%
BSIG	854.7M	426.6M	-2.36%	-	12.99	2	2.25%	-34.59%
AINC	16.5M	746.8M	1.68%	-56.13%	-3.57	0.02	15.88%	-226.93%
AC	692.0K	25.3M	-0.71%	-11.96%	0.02	0.03	137.10%	176.58%

State Street Corp News

Latest updates

State Street Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.1%	3,138	3,043	2,691	3,110	3,101	3,155	2,959	2,953	3,081	3,053	2,990	3,034	2,950	2,917	2,784	2,937	3,065	3,048	2,903	2,873	2,932
EBITDA Margin	-3.1%	0.41*	0.42*	0.49*	0.51*	0.50*	0.48*	0.45*	0.44*	0.43*	0.42*	0.42*	0.41*	-	-	-	-	-	-	-	-	-
Interest Expenses	5.6%	716	678	624	691	766	791	660	584	509	484	487	467	467	499	478	559	664	636	644	613	673
Income Taxes	1600.0%	135	-9.00	89.00	153	139	156	159	88.00	150	33.00	162	175	108	104	126	109	140	74.00	138	131	127
Earnings Before Taxes	197.5%	598	201	511	916	688	889	849	835	754	730	876	938	627	641	681	803	774	638	721	718	635
EBT Margin	-4.2%	0.19*	0.19*	0.25*	0.27*	0.27*	0.27*	0.26*	0.26*	0.27*	0.26*	0.26*	0.25*	-	-	-	-	-	-	-	-	-
Net Income	120.5%	463	210	422	763	549	733	690	747	604	697	714	763	519	537	555	694	634	564	583	587	508
Net Income Margin	-4.7%	0.16*	0.16*	0.20*	0.22*	0.22*	0.23*	0.23*	0.23*	0.23*	0.22*	0.21*	0.20*	-	-	-	-	-	-	-	-	-
Free Cashflow	-127.9%	-1,074	3,853	87.00	-1,022	-3,044	6,832	4,257	-4,317	4,448	3,972	191	-7,790	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	13.7%	338,003	297,258	284,415	294,561	290,816	301,450	303,568	300,223	322,350	314,624	323,139	326,528	316,885	314,706	272,075	280,242	362,527	245,610	244,606	241,540	228,332
Cash Equivalents	-15.7%	3,413	4,047	4,009	3,930	3,698	3,970	2,748	3,515	2,976	3,631	4,606	4,619	4,552	3,467	4,848	3,685	4,932	3,302	3,598	3,110	4,000
Net PPE	3.3%	2,479	2,399	2,334	2,349	2,337	2,315	2,283	2,240	2,229	2,261	2,191	2,169	2,143	2,154	2,193	2,212	2,225	2,282	2,306	2,244	2,230
Goodwill	-0.4%	7,582	7,611	7,487	7,544	7,530	7,495	7,351	7,465	7,582	7,621	7,650	7,629	7,629	7,683	7,607	7,538	7,506	7,556	7,500	7,565	7,549
Liabilities	14.7%	313,570	273,459	260,794	270,357	266,066	276,259	277,920	274,456	296,126	287,261	295,825	301,361	291,880	288,506	246,517	255,369	338,666	221,179	219,397	216,086	203,294
Long Term Debt	-100.0%	-	18,619	-	-	-	14,777	-	-	-	13,250	-	-	-	13,625	-	-	-	12,383	-	-	-
Shareholder's Equity	2.7%	24,433	23,799	23,621	24,204	24,750	25,191	25,648	25,767	26,224	27,363	27,314	25,167	25,005	26,200	25,558	24,873	23,861	24,431	25,209	25,454	25,038
Retained Earnings	0.7%	28,166	27,957	27,993	27,808	27,342	27,028	26,552	26,115	25,612	25,238	24,785	24,300	23,751	23,442	23,128	22,794	22,315	21,918	21,612	21,274	20,911
Additional Paid-In Capital	-0.2%	10,724	10,741	10,735	10,729	10,724	10,730	10,760	10,757	10,762	10,787	10,763	10,246	10,227	10,205	10,192	10,179	10,155	10,132	10,117	10,109	10,082
Accumulated Depreciation	2.2%	6,193	6,062	6,148	6,035	5,918	5,745	5,772	5,652	5,530	5,391	5,235	5,108	4,960	4,825	4,744	4,591	4,459	4,367	4,235	4,091	3,937
Shares Outstanding	-0.1%	302	302	309	322	336	349	367	367	367	353	348	346	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	23,520	-	-	-	22,620	-	-	-	28,200	-	-	-	22,340	-	-	-	20,810	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-120.2%	-844	4,182	222	-852	-2,862	7,036	4,467	-4,135	4,586	4,227	388	-7,593	-3,732	3,376	-5,219	1,336	4,039	1,053	4,964	252	-579
Cashflow From Investing	-199.0%	-41,352	-13,828	10,168	2,086	14,312	-1,095	-5,335	17,582	-4,336	-1,694	2,610	-9,892	6,804	-39,412	12,173	74,478	-112,773	-5,523	-5,656	-13,118	21,671
Cashflow From Financing	329.2%	41,562	9,684	-10,311	-1,002	-11,722	-4,719	101	-12,908	-905	-3,508	-3,011	17,552	-1,987	34,655	-5,791	-77,061	110,364	4,174	1,180	11,976	-20,304
Dividend Payments	-3.2%	243	251	227	249	243	268	230	245	229	243	199	215	209	223	221	215	230	239	230	227	234
Buy Backs	-75.3%	119	481	1,000	1,050	1,250	1,500	-	-	-	-	-	425	475	-	-	-	515	485	500	300	300

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STT Income Statement

2024-03-31

Consolidated Statement of Income - USD ($) shares in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Fee revenue:
Servicing fees	$ 1,228,000,000	$ 1,217,000,000
Management fees	510,000,000	457,000,000
Foreign exchange trading services	331,000,000	342,000,000
Securities finance	96,000,000	109,000,000
Software and processing fees	207,000,000	165,000,000
Other fee revenue	50,000,000	45,000,000
Total fee revenue	2,422,000,000	2,335,000,000
Net interest income:
Interest income	2,889,000,000	2,027,000,000
Interest expense	2,173,000,000	1,261,000,000
Net interest income	716,000,000	766,000,000
Total revenue	3,138,000,000	3,101,000,000
Provision for credit losses	27,000,000	44,000,000
Expenses:
Compensation and employee benefits	1,252,000,000	1,292,000,000
Information systems and communications	432,000,000	414,000,000
Transaction processing services	248,000,000	239,000,000
Occupancy	103,000,000	94,000,000
Amortization of other intangible assets	60,000,000	60,000,000
Other	418,000,000	270,000,000
Total expenses	2,513,000,000	2,369,000,000
Income before income tax expense	598,000,000	688,000,000
Income tax expense	135,000,000	139,000,000
Net income	463,000,000	549,000,000
Net income available to common shareholders, basic	418,000,000	525,000,000
Net income available to common shareholders, diluted	$ 418,000,000	$ 525,000,000
Earnings per common share:
Basic (in USD per share)	$ 1.38	$ 1.54
Diluted (in USD per share)	$ 1.37	$ 1.52
Average common shares outstanding (in thousands):
Basic (in shares)	301,991	341,106
Diluted (in shares)	305,943	345,472
Cash dividends declared (in USD per share)	$ 0.69	$ 0.63

About State Street Corp

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

CEO	Mr. Ronald Philip O'Hanley
WEBSITE	statestreet.com
INDUSTRY	Asset Management
EMPLOYEES	42688

State Street Corp Frequently Asked Questions

What is the ticker symbol for State Street Corp? What does STT stand for in stocks?

STT is the stock ticker symbol of State Street Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of State Street Corp (STT)?

As of Tue May 07 2024, market cap of State Street Corp is 22.71 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of STT stock?

You can check STT's fair value in chart for subscribers.

What is the fair value of STT stock?

You can check STT's fair value in chart for subscribers. The fair value of State Street Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of State Street Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for STT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is State Street Corp a good stock to buy?

The fair value guage provides a quick view whether STT is over valued or under valued. Whether State Street Corp is cheap or expensive depends on the assumptions which impact State Street Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for STT.

What is State Street Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, STT's PE ratio (Price to Earnings) is 12.22 and Price to Sales (PS) ratio is 1.9. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. STT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on State Street Corp's stock?

In the past 10 years, State Street Corp has provided 0.037 (multiply by 100 for percentage) rate of return.