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STT

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

73.04USD+0.23 (+0.32%)Market Closed

Market Summary

STT
USD73.04+0.23
Market Closed
0.32%

STT Stock Price

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STT RSI Chart

STT Valuation

Market Cap

22.0B

Price/Earnings (Trailing)

11.31

Price/Sales (Trailing)

1.84

EV/EBITDA

7.2

Price/Free Cashflow

-174.53

STT Price/Sales (Trailing)

STT Profitability

EBT Margin

19.39%

Return on Equity

8.17%

Return on Assets

0.65%

Free Cashflow Yield

-0.57%

STT Fundamentals

STT Revenue

Revenue (TTM)

11.9B

Rev. Growth (Yr)

-3.55%

Rev. Growth (Qtr)

13.08%

STT Earnings

Earnings (TTM)

1.9B

Earnings Growth (Yr)

-71.35%

Earnings Growth (Qtr)

-50.24%

Breaking Down STT Revenue

Last 7 days

-2.1%

Last 30 days

0.5%

Last 90 days

-2.0%

Trailing 12 Months

-2.8%

How does STT drawdown profile look like?

STT Financial Health

Debt/Equity

0.78

Debt/Cashflow

0.04

STT Investor Care

Dividend Yield

3.62%

Dividend/Share (TTM)

2.64

Buy Backs (1Y)

12.35%

Diluted EPS (TTM)

5.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202312.2B12.3B12.1B11.9B
202212.2B12.1B12.0B12.1B
202111.6B11.7B11.9B12.0B
202011.9B12.0B11.8B11.7B
201912.0B11.8B11.7B11.8B
201811.7B11.9B12.1B12.1B
201710.5B10.7B10.9B11.3B
201610.2B10.2B10.2B10.3B
201510.4B10.4B10.4B10.4B
20149.9B10.0B10.1B10.3B
20139.7B9.8B9.8B9.9B
20129.7B009.6B
20119.3B9.5B9.6B9.6B
20108.9B9.1B9.2B0
200910.1B9.6B9.0B8.6B
200809.1B9.9B10.7B
20070008.3B

Tracking the Latest Insider Buys and Sells of State Street Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold STT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
Trilogy Capital Inc.
new
-
2,751,660
2,751,660
0.16%
Apr 17, 2024
BARRETT & COMPANY, INC.
sold off
-100
-775
-
-%
Apr 17, 2024
Private Ocean, LLC
unchanged
-
-106
58,535
0.01%
Apr 17, 2024
HARTFORD INVESTMENT MANAGEMENT CO
reduced
-6.42
-106,290
1,505,960
0.05%
Apr 17, 2024
CRITERION CAPITAL ADVISORS, LLC
unchanged
-
-5.00
2,552
-%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
added
22.38
508,000
1,858,000
0.07%
Apr 17, 2024
Investment Research & Advisory Group, Inc.
unchanged
-
-20.00
10,979
-%
Apr 17, 2024
MEANS INVESTMENT CO., INC.
added
0.9
1,874
267,822
0.04%
Apr 17, 2024
Clarius Group, LLC
reduced
-8.98
-21,139
209,924
0.01%
Apr 17, 2024
PEOPLES FINANCIAL SERVICES CORP.
reduced
-33.13
-77,763
156,006
0.07%

1–10 of 48

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
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
Apr 03, 2024
DEFA14A
DEFA14A

Peers (Alternatives to State Street Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
112.3B
17.9B
-5.80% 8.61%
20.41
6.29
-0.08% 6.26%
88.1B
8.0B
-0.13% 34.72%
63.34
10.98
-5.81% -20.41%
41.1B
20.6B
-0.86% 21.34%
12.51
1.99
87.93% 27.71%
40.5B
3.6B
1.20% 53.50%
85.42
11.16
18.87% 183.11%
13.1B
7.9B
-7.67% -8.08%
13.48
1.66
-1.81% -3.56%
MID-CAP
6.8B
5.7B
-0.26% -12.52%
-20.5
1.2
-5.50% -148.79%
5.2B
2.1B
-1.44% 10.44%
7.74
2.53
-11.67% -41.28%
3.7B
-
-3.20% -10.42%
14.06
-
- -3.64%
3.4B
975.1M
-1.40% 18.65%
15.19
3.46
-1.83% 7.51%
3.3B
489.6M
-5.32% 8.64%
25.63
6.76
-13.63% -24.55%
2.6B
708.5M
-3.05% 8.32%
20.93
3.64
15.83% 19.23%
SMALL-CAP
870.8M
241.7M
-7.06% -27.88%
-126.54
3.6
21.87% -123.56%
856.2M
426.6M
-0.13% -
13.01
2.01
2.25% -34.59%
16.5M
746.8M
152.88% -55.89%
-3.57
0.02
15.88% -226.93%
695.7K
25.3M
-2.79% -12.08%
0.02
0.03
137.10% 176.58%

State Street Corp News

Latest updates
MarketBeat • 12 hours ago
Yahoo Finance • 16 Apr 2024 • 01:47 pm
MarketWatch • 12 Apr 2024 • 09:08 pm
Seeking Alpha • 12 Apr 2024 • 05:50 pm
Yahoo Finance • 12 Apr 2024 • 12:40 pm

State Street Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue13.1%3,0432,6913,1103,1013,1552,9592,9533,0813,0532,9903,0342,9502,9172,7842,9373,0653,0482,9032,8732,9323,023
EBITDA Margin-12.8%0.42*0.49*0.51*0.50*0.48*0.45*0.44*0.43*0.42*0.42*0.41*0.41*---------
Interest Expenses8.7%678624691766791660584509484487467467499478559664636644613673697
Income Taxes-110.1%-9.0089.0015313915615988.0015033.0016217510810412610914074.0013813112792.00
Earnings Before Taxes-60.7%201511916688889849835754730876938627641681803774638721718635529
EBT Margin-22.2%0.19*0.25*0.27*0.27*0.27*0.26*0.26*0.27*0.26*0.26*0.25*0.24*---------
Net Income-50.2%210422763549733690747604697714763519537555694634564583587508437
Net Income Margin-20.5%0.16*0.20*0.22*0.22*0.23*0.23*0.23*0.23*0.22*0.21*0.20*0.20*---------
Free Cashflow4328.7%3,85387.00-1,022-3,0446,8324,257-4,3174,4483,972191-7,790-3,894---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.5%297,258284,415294,561290,816301,450303,568300,223322,350314,624323,139326,528316,885314,706272,075280,242362,527245,610244,606241,540228,332244,596
    Cash Equivalents0.9%4,0474,0093,9303,6983,9702,7483,5152,9763,6314,6064,6194,5523,4674,8483,6854,9323,3023,5983,1104,0003,212
  Net PPE2.8%2,3992,3342,3492,3372,3152,2832,2402,2292,2612,1912,1692,1432,1542,1932,2122,2252,2822,3062,2442,2302,214
  Goodwill1.7%7,6117,4877,5447,5307,4957,3517,4657,5827,6217,6507,6297,6297,6837,6077,5387,5067,5567,5007,5657,5497,446
Liabilities4.9%273,459260,794270,357266,066276,259277,920274,456296,126287,261295,825301,361291,880288,506246,517255,369338,666221,179219,397216,086203,294219,859
  Long Term Debt-18,619---14,777---13,250---13,625---12,383---10,940
Shareholder's Equity0.8%23,79923,62124,20424,75025,19125,64825,76726,22427,36327,31425,16725,00526,20025,55824,87323,86124,43125,20925,45425,03824,737
  Retained Earnings-0.1%27,95727,99327,80827,34227,02826,55226,11525,61225,23824,78524,30023,75123,44223,12822,79422,31521,91821,61221,27420,91120,553
  Additional Paid-In Capital0.1%10,74110,73510,72910,72410,73010,76010,75710,76210,78710,76310,24610,22710,20510,19210,17910,15510,13210,11710,10910,08210,061
Accumulated Depreciation-1.4%6,0626,1486,0355,9185,7455,7725,6525,5305,3915,2355,1084,9604,8254,7444,5914,4594,3674,2354,0913,9374,152
Shares Outstanding-2.2%302309322336349367367367353348346351---------
Float---23,520---22,620---28,200---22,340---20,810--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations1783.8%4,182222-852-2,8627,0364,467-4,1354,5864,227388-7,593-3,7323,376-5,2191,3364,0391,0534,964252-5791,114
Cashflow From Investing-236.0%-13,82810,1682,08614,312-1,095-5,33517,582-4,336-1,6942,610-9,8926,804-39,41212,17374,478-112,773-5,523-5,656-13,11821,671-15,927
Cashflow From Financing193.9%9,684-10,311-1,002-11,722-4,719101-12,908-905-3,508-3,01117,552-1,98734,655-5,791-77,061110,3644,1741,18011,976-20,30413,746
  Dividend Payments10.6%251227249243268230245229243199215209223221215230239230227234220
  Buy Backs-51.9%4811,0001,0501,2501,500-----425475---515485500300300-

STT Income Statement

2023-12-31
Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Fee revenue:   
Servicing fees$ 4,922$ 5,087$ 5,531
Management fees1,8761,9392,053
Foreign exchange trading services1,2651,3761,211
Securities finance426416416
Software and processing fees811789738
Other fee revenue180(1)63
Total fee revenue9,4809,60610,012
Net interest income:   
Interest income9,1804,0881,908
Interest expense6,4211,5443
Net interest income2,7592,5441,905
Other income:   
Gains (losses) from sales of available-for-sale securities, net(294)(2)57
Other income0053
Total other income(294)(2)110
Total revenue11,94512,14812,027
Provision for credit losses4620(33)
Expenses:   
Compensation and employee benefits4,7444,4284,554
Information systems and communications1,7031,6301,661
Transaction processing services9579711,024
Occupancy426394444
Acquisition and restructuring costs(15)6565
Amortization of other intangible assets239238245
Other1,5291,075896
Total expenses9,5838,8018,889
Income before income tax expense2,3163,3273,171
Income tax expense372553478
Net income1,9442,7742,693
Net income available to common shareholders -basic1,8212,6602,572
Net income available to common shareholders - diluted$ 1,821$ 2,660$ 2,572
Earnings per common share:   
Basic (in USD per share)$ 5.65$ 7.28$ 7.30
Diluted (in USD per share)$ 5.58$ 7.19$ 7.19
Average common shares outstanding (in thousands):   
Basic (in shares)322,337365,214352,565
Diluted (in shares)326,568370,109357,962
Cash dividends declared (in USD per share)$ 2.64$ 2.40$ 2.18
STT
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
 WEBSITEstatestreet.com
 INDUSTRYAsset Management
 EMPLOYEES42688

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 Wed Apr 17 2024, market cap of State Street Corp is 21.99 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 Wed Apr 17 2024, STT's PE ratio (Price to Earnings) is 11.31 and Price to Sales (PS) ratio is 1.84. 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 0.032 (multiply by 100 for percentage) rate of return.