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State Street Corp Stock Research

STT

74.75USD+1.05(+1.42%)Delayed

Market Summary

USD74.75+1.05
Delayed
1.42%

STT Alerts

STT Stock Price

STT RSI Chart

STT Valuation

Market Cap

26.1B

Price/Earnings (Trailing)

9.41

Price/Sales (Trailing)

2.15

EV/EBITDA

3.77

Price/Free Cashflow

2.33

STT Price/Sales (Trailing)

STT Profitability

EBT Margin

27.39%

Return on Equity

11.01%

Return on Assets

0.92%

Free Cashflow Yield

43.01%

STT Fundamentals

STT Revenue

Revenue (TTM)

12.1B

Revenue Y/Y

3.34%

Revenue Q/Q

6.62%

STT Earnings

Earnings (TTM)

2.8B

Earnings Y/Y

5.16%

Earnings Q/Q

6.23%

Price Action

52 Week Range

58.1994.74
(Low)(High)

Last 7 days

-14.9%

Last 30 days

-21.6%

Last 90 days

-5.8%

Trailing 12 Months

-10.0%

STT Financial Health

STT Investor Care

Dividend Yield

3.21%

Dividend/Share (TTM)

2.4

Buy Backs (1Y)

4.63%

Diluted EPS (TTM)

7.19

Peers (Alternatives to State Street)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
109.2B
20.8B
-25.95% -27.75%
15.21
5.26
12.11% 22.68%
105.5B
39.7B
-16.53% -3.22%
9.37
2.66
-24.93% -47.95%
95.4B
17.9B
-14.27% -10.09%
18.42
5.34
-7.75% -12.25%
36.0B
16.4B
-15.23% -10.70%
14
2.2
2.80% -31.55%
26.1B
12.1B
-21.62% -9.97%
9.41
2.15
1.01% 3.01%
MID-CAP
7.9B
2.7B
-12.10% 23.15%
4.31
2.95
95.77% 12.59%
7.5B
2.0B
-12.37% -3.86%
15.68
3.75
3.79% -13.01%
6.2B
4.6B
-17.08% -14.81%
9.36
1.35
-3.98% -19.72%
5.2B
2.3B
-18.75% 4.38%
4.55
2.24
-3.43% 102.56%
4.3B
2.2B
-10.48% -21.45%
15.56
1.94
-20.36% -55.18%
2.3B
618.3M
10.66% 43.40%
22.33
3.73
16.60% 302.25%
1.9B
64.7B
-11.71% 27.62%
8
0.03
35.87% 74.73%
SMALL-CAP
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
816.3M
10.3M
-0.68% -10.61%
-15.36
79.32
-29.47% -152.67%
742.8M
301.3M
9.41% -21.41%
14.66
2.47
-0.98% 1.78%

Financials for State Street

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.8%12,14812,04612,07712,15812,027
EBITDA8.6%5,8715,4055,2595,245-
EBITDA Margin7.7%0.48*0.45*0.44*0.43*-
Earnings Before Taxes5.0%3,3273,1683,1953,2983,171
EBT Margin4.1%0.27*0.26*0.26*0.27*-
Interest Expenses13.7%2,5442,2372,0641,9471,905
Net Income1.3%2,7742,7382,7622,7782,693
Net Income Margin0.5%0.23*0.23*0.23*0.23*-
Free Cahsflow34.2%11,2208,3604,294821-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.7%301,450303,568300,223322,350314,624
    Cash Equivalents44.5%3,9702,7483,5152,9763,631
  Net PPE1.9%2,2832,2402,2292,261-
  Goodwill2.0%7,4957,3517,4657,5827,621
Liabilities-0.6%276,259277,920274,456296,126287,261
Shareholder's Equity-1.8%25,19125,64825,76726,22427,363
  Retained Earnings1.8%27,02826,55226,11525,61225,238
  Additional Paid-In Capital-0.3%10,73010,76010,75710,76210,787
Accumulated Depreciation2.1%5,7725,6525,5305,391-
Shares Outstanding-5.1%349368368367366
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations30.7%11,9549,1455,0661,608-6,710
Cashflow From Investing9.6%6,8166,21714,162-13,312-2,172
Cashflow From Financing-7.0%-18,431-17,220-20,33210,1289,046
  Dividend Payments2.6%972947916886866
  Buy BacksInfinity%1,5000.000.00425900

Risks for STT

What is the probability of a big loss on STT?

75%


Probability that State Street stock will be more than 20% underwater in next one year

65%


Probability that State Street stock will be more than 30% underwater in next one year.

41.1%


Probability that State Street stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does STT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if State Street was unfortunately bought at previous high price.

Drawdowns

Returns for STT

Cumulative Returns on STT

4.4%


10-Year Cumulative Returns

6.5%


7-Year Cumulative Returns

-4.6%


5-Year Cumulative Returns

10.9%


3-Year Cumulative Returns

What are the long-term rolling returns for STT?

FIve years rolling returns for State Street.

Annualized Returns

Which funds bought or sold STT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
new
-
513,636
513,636
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-14.99
6,232,910
80,104,900
0.09%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-1.01
213,000
1,022,000
-%
2023-03-03
TIAA, FSB
reduced
-5.3
188,779
1,098,780
-%
2023-03-03
Crumly & Associates Inc.
added
23.01
155,272
429,272
0.16%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
8,882,230
8,882,230
0.11%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
sold off
-100
-
-
-%
2023-02-28
Voya Investment Management LLC
added
4.79
3,405,140
13,520,100
0.02%
2023-02-27
Benin Management CORP
reduced
-5.72
237,430
1,407,430
0.57%
2023-02-24
National Pension Service
reduced
-3.71
6,746,750
38,842,000
0.08%

1–10 of 47

Latest Funds Activity

Are funds buying STT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own STT
No. of Funds

State Street News

Barron's

UBS-Credit Suisse Deal Creates Wealth Management Titan. Others Stand to Gain..

Barron's,
104 minutes ago

Investing.com UK

Investor's Business Daily

Investor's Business Daily

Investor's Business Daily

Schedule 13G FIlings of State Street

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
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
Feb 14, 2022
state street corp
5.08%
18,574,443
SC 13G/A
Feb 14, 2022
dodge & cox
6.1%
22,356,499
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
5.9%
21,916,832
SC 13G
Feb 11, 2022
capital international investors
1.9%
6,883,379
SC 13G/A
Feb 10, 2022
vanguard group inc
9.37%
34,264,029
SC 13G/A

STT Fair Value

State Street fair value in different scenarios

The table shows the Fair Value estimates for State Street for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

26.64

-64.36%

37.75

-49.50%

55.15

-26.22%

93.04

24.47%

113.74

52.16%
Current Inflation

23.25

-68.90%

32.99

-55.87%

47.89

-35.93%

79.85

6.82%

97.31

30.18%
Very High Inflation

18.95

-74.65%

27.06

-63.80%

39.06

-47.75%

64.31

-13.97%

78.13

4.52%

Historical State Street Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of State Street

View All Filings
Date Filed Form Type Document
Mar 10, 2023
SC 13G/A
Major Ownership Report
Mar 10, 2023
SC 13G/A
Major Ownership Report
Mar 10, 2023
SC 13G/A
Major Ownership Report
Mar 01, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading

Latest Insider Trading transactions for STT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
RICHARDS MICHAEL L
sold
-210,265
89.02
-2,362
evp and chief admin officer
2023-02-27
Appleyard Ian
sold
-594,624
88.42
-6,725
evp, cao and global controller
2023-02-24
Appleyard Ian
acquired
-
-
5,041
evp, cao and global controller
2023-02-24
Horgan Kathryn M
acquired
-
-
9,512
executive vice president
2023-02-24
Appleyard Ian
sold (taxes)
-144,005
87.17
-1,652
evp, cao and global controller
2023-02-24
RICHARDS MICHAEL L
acquired
-
-
6,238
evp and chief admin officer
2023-02-24
O HANLEY RONALD P
gifted
-
-
-11,200
chairman and ceo
2023-02-24
O HANLEY RONALD P
acquired
-
-
42,103
chairman and ceo
2023-02-24
Aboaf Eric W.
acquired
-
-
22,767
vice chairman and cfo
2023-02-24
Erickson Andrew
acquired
-
-
13,410
executive vice president

1–10 of 50

Ronald P. O'Hanley
38800
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; product accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, 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 fund 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.

STT Income Statement

2022-12-31
Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Fee revenue:   
Servicing fees$ 5,087$ 5,531$ 5,157
Management fees1,9392,0531,880
Foreign exchange trading services1,3761,2111,363
Securities finance416416356
Software and processing fees789738685
Other fee revenue(1)6358
Total fee revenue9,60610,0129,499
Net interest income:   
Interest income4,0881,9082,575
Interest expense1,5443375
Net interest income2,5441,9052,200
Other income:   
Gains (losses) from sales of available-for-sale securities, net(2)574
Other income0530
Total other income(2)1104
Total revenue12,14812,02711,703
Provision for credit losses20(33)88
Expenses:   
Compensation and employee benefits4,4284,5544,450
Information systems and communications1,6301,6611,550
Transaction processing services9711,024978
Occupancy394444489
Acquisition and restructuring costs656550
Amortization of other intangible assets238245234
Other1,075896965
Total expenses8,8018,8898,716
Income before income tax expense3,3273,1712,899
Income tax expense553478479
Net income2,7742,6932,420
Net Income (Loss) Available to Common Stockholders, Diluted2,6602,5722,257
Net Income (Loss) Available to Common Stockholders, Basic$ 2,660$ 2,572$ 2,257
Earnings per common share:   
Basic (in USD per share)$ 7.28$ 7.30$ 6.40
Diluted (in USD per share)$ 7.19$ 7.19$ 6.32
Average common shares outstanding (in thousands):   
Basic (in shares)365,214352,565352,865
Diluted (in shares)370,109357,962357,106
Cash dividends declared (in USD per share)$ 2.40$ 2.18$ 2.08