Market Summary
USD74.75+1.05
Delayed1.42%
STT Alerts
STT Stock Price
STT RSI Chart
STT Valuation
STT Price/Sales (Trailing)
STT Profitability
STT Fundamentals
STT Revenue
STT Earnings
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
Peers (Alternatives to State Street)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
SCHW | 109.2B | 20.8B | -25.95% | -27.75% | 15.21 | 5.26 | 12.11% | 22.68% |
GS | 105.5B | 39.7B | -16.53% | -3.22% | 9.37 | 2.66 | -24.93% | -47.95% |
BLK | 95.4B | 17.9B | -14.27% | -10.09% | 18.42 | 5.34 | -7.75% | -12.25% |
BK | 36.0B | 16.4B | -15.23% | -10.70% | 14 | 2.2 | 2.80% | -31.55% |
STT | 26.1B | 12.1B | -21.62% | -9.97% | 9.41 | 2.15 | 1.01% | 3.01% |
| MID-CAP | ||||||||
IBKR | 7.9B | 2.7B | -12.10% | 23.15% | 4.31 | 2.95 | 95.77% | 12.59% |
SEIC | 7.5B | 2.0B | -12.37% | -3.86% | 15.68 | 3.75 | 3.79% | -13.01% |
SF | 6.2B | 4.6B | -17.08% | -14.81% | 9.36 | 1.35 | -3.98% | -19.72% |
AMG | 5.2B | 2.3B | -18.75% | 4.38% | 4.55 | 2.24 | -3.43% | 102.56% |
JHG | 4.3B | 2.2B | -10.48% | -21.45% | 15.56 | 1.94 | -20.36% | -55.18% |
AMK | 2.3B | 618.3M | 10.66% | 43.40% | 22.33 | 3.73 | 16.60% | 302.25% |
SNEX | 1.9B | 64.7B | -11.71% | 27.62% | 8 | 0.03 | 35.87% | 74.73% |
| SMALL-CAP | ||||||||
COWN | 1.1B | 1.5B | 0.39% | 32.10% | 14.3 | 0.71 | -27.22% | -74.14% |
AC | 816.3M | 10.3M | -0.68% | -10.61% | -15.36 | 79.32 | -29.47% | -152.67% |
WETF | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.8% | 12,148 | 12,046 | 12,077 | 12,158 | 12,027 |
| EBITDA | 8.6% | 5,871 | 5,405 | 5,259 | 5,245 | - |
| EBITDA Margin | 7.7% | 0.48* | 0.45* | 0.44* | 0.43* | - |
| Earnings Before Taxes | 5.0% | 3,327 | 3,168 | 3,195 | 3,298 | 3,171 |
| EBT Margin | 4.1% | 0.27* | 0.26* | 0.26* | 0.27* | - |
| Interest Expenses | 13.7% | 2,544 | 2,237 | 2,064 | 1,947 | 1,905 |
| Net Income | 1.3% | 2,774 | 2,738 | 2,762 | 2,778 | 2,693 |
| Net Income Margin | 0.5% | 0.23* | 0.23* | 0.23* | 0.23* | - |
| Free Cahsflow | 34.2% | 11,220 | 8,360 | 4,294 | 821 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -0.7% | 301,450 | 303,568 | 300,223 | 322,350 | 314,624 |
| Cash Equivalents | 44.5% | 3,970 | 2,748 | 3,515 | 2,976 | 3,631 |
| Net PPE | 1.9% | 2,283 | 2,240 | 2,229 | 2,261 | - |
| Goodwill | 2.0% | 7,495 | 7,351 | 7,465 | 7,582 | 7,621 |
| Liabilities | -0.6% | 276,259 | 277,920 | 274,456 | 296,126 | 287,261 |
| Shareholder's Equity | -1.8% | 25,191 | 25,648 | 25,767 | 26,224 | 27,363 |
| Retained Earnings | 1.8% | 27,028 | 26,552 | 26,115 | 25,612 | 25,238 |
| Additional Paid-In Capital | -0.3% | 10,730 | 10,760 | 10,757 | 10,762 | 10,787 |
| Accumulated Depreciation | 2.1% | 5,772 | 5,652 | 5,530 | 5,391 | - |
| Shares Outstanding | -5.1% | 349 | 368 | 368 | 367 | 366 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 30.7% | 11,954 | 9,145 | 5,066 | 1,608 | -6,710 |
| Cashflow From Investing | 9.6% | 6,816 | 6,217 | 14,162 | -13,312 | -2,172 |
| Cashflow From Financing | -7.0% | -18,431 | -17,220 | -20,332 | 10,128 | 9,046 |
| Dividend Payments | 2.6% | 972 | 947 | 916 | 886 | 866 |
| Buy Backs | Infinity% | 1,500 | 0.00 | 0.00 | 425 | 900 |
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 ascending | Fund Name | Type | % 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% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
STT Alerts
State Street News
Schedule 13G FIlings of State Street
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
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
2022-12-31Consolidated 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 fees | 1,939 | 2,053 | 1,880 |
| Foreign exchange trading services | 1,376 | 1,211 | 1,363 |
| Securities finance | 416 | 416 | 356 |
| Software and processing fees | 789 | 738 | 685 |
| Other fee revenue | (1) | 63 | 58 |
| Total fee revenue | 9,606 | 10,012 | 9,499 |
| Net interest income: | |||
| Interest income | 4,088 | 1,908 | 2,575 |
| Interest expense | 1,544 | 3 | 375 |
| Net interest income | 2,544 | 1,905 | 2,200 |
| Other income: | |||
| Gains (losses) from sales of available-for-sale securities, net | (2) | 57 | 4 |
| Other income | 0 | 53 | 0 |
| Total other income | (2) | 110 | 4 |
| Total revenue | 12,148 | 12,027 | 11,703 |
| Provision for credit losses | 20 | (33) | 88 |
| Expenses: | |||
| Compensation and employee benefits | 4,428 | 4,554 | 4,450 |
| Information systems and communications | 1,630 | 1,661 | 1,550 |
| Transaction processing services | 971 | 1,024 | 978 |
| Occupancy | 394 | 444 | 489 |
| Acquisition and restructuring costs | 65 | 65 | 50 |
| Amortization of other intangible assets | 238 | 245 | 234 |
| Other | 1,075 | 896 | 965 |
| Total expenses | 8,801 | 8,889 | 8,716 |
| Income before income tax expense | 3,327 | 3,171 | 2,899 |
| Income tax expense | 553 | 478 | 479 |
| Net income | 2,774 | 2,693 | 2,420 |
| Net Income (Loss) Available to Common Stockholders, Diluted | 2,660 | 2,572 | 2,257 |
| 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) | 365,214 | 352,565 | 352,865 |
| Diluted (in shares) | 370,109 | 357,962 | 357,106 |
| Cash dividends declared (in USD per share) | $ 2.40 | $ 2.18 | $ 2.08 |