State Street Corporation (STT)
| Market Cap | 27.94B |
| Revenue (ttm) | 11.70B |
| Net Income (ttm) | 2.26B |
| Shares Out | 352.87M |
| EPS (ttm) | 6.32 |
| PE Ratio | 12.91 |
| Forward PE | 11.89 |
| Dividend | $2.08 |
| Dividend Yield | 2.55% |
| Trading Day | March 8 |
| Last Price | $81.57 |
| Previous Close | $79.42 |
| Change ($) | 2.15 |
| Change (%) | 2.71% |
| Day's Open | 80.39 |
| Day's Range | 79.49 - 81.82 |
| Day's Volume | 1,040,250 |
| 52-Week Range | 40.67 - 81.82 |
The recent sell-offs may have investors wondering where they should turn. One place to look at is small cap growth with ETFs like the SPDR S&P 600 Small Cap Growth ETF (SLYG).
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the election of Julio Portalatin and John Rhea to its Board of Directors, effective immediately. Mr. Portalatin, ag...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has issued $850 million senior subordinated bonds at a coupon of 2.20 percent. The offering, which closed y...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the release of a new Peer-to-Peer Repo program for the buy-side. Building from its market-leading position in spons...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has been appointed as the fund administrator and transfer agent of the VanEck Bitcoin Trust (‘The Trust') a...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the first trade with ICE Clear U.S., a clearing house owned by Intercontinental Exchange, Inc. (NYSE: ICE), as a s...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the RBC Capital Markets Global Financial Institut...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on April 12, 2021 to common shareholders of ...
State Street Corporation (STT) reported earnings 30 days ago. What's next for the stock?
Value investors may want to consider the three stocks listed below, as their share prices are trading below their respective Peter Lynch earnings lines, indicating they could be undervalued. S...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that Theresa McLaughlin has been named the firm's new global chief marketing officer. McLaughlin joins from TD Bank...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the Credit Suisse Virtual Financial Services Foru...
China's new anti-monopoly rules are long-term positive for financial markets: State Street
China's new anti-monopoly rules targeting tech giants could cause some short-term market volatility, but investors would eventually embrace them as it helps with transparency, says Daniel Gera...
With yields low and some states facing fiscal challenges, active management and municipal bonds could be an ideal match for many income investors. State Street Global Advisors and Nuveen are t...
The new fund targets the municipal bond space and leverages Nuveen's expertise.
BOSTON--(BUSINESS WIRE)--State Street Global Advisors Expands Fixed Income ETF Offering with Its First Actively Managed Municipal Bond ETF
After around a 63% gain since the March 23 lows of the last year, at the current price of $70 per share, we believe State Street Stock has more room for growth. State Street, the custody banki...
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the following ETFs (t...
State Street Corp. will eliminate 1,200 jobs in the coming year, CFO Eric Aboaf announced during the company's quarterly earnings call Tuesday. Employees affected by the job cuts at the Boston...
State Street Corporation (STT) CEO Ronald O'Hanley on Q4 2020 Results - Earnings Call Transcript
State Street (STT) records lower revenues and expenses in the fourth quarter of 2020.
Shares of State Street (NYSE:STT) moved lower by 1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 14.65% year over year to $1.69, ...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2020 financial results today. The news release, presentation, and additional financial i...
While low rates are likely to have hurt State Street's (STT) Q4 earnings, fee revenues and manageable expense level might have offered some support.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it will redeem $500 million, or 5,000 of its 7,500 outstanding shares, of its non-cumulative perpetual preferr...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Seri...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that its Brazilian bank has begun to offer full foreign exchange (FX) trading capabilities and sales operations. St...
LONDON--(BUSINESS WIRE)--PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey & Company today announced the intention to form a new technology-led company, HUB, to build a cloud-...
State Street hired Goldman Sachs to find a buyer for its asset management division. State Street's focus is on developing a new platform to compete with Bloomberg and BlackRock.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its fourth-quarter and full-year 2020 financial results on Tuesday, January 19, 2021 at approximately 7:30 a.m. ...
The results of the second round of stress test, following which the Fed eased restrictions on capital deployment by banks, highlight capital adequacy of the banking sector.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today commented on the results of its 2020 resubmission stress test, included in the Federal Reserve's supervisory stress test res...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on January 19, 2021 to common shareholders of...
We believe that State Street stock has a limited upside potential of 10% in the near term. STT trades at $72 currently and has gained 9% in value year-to-date.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today launched its State Street AlphaSM Data Platform, an end-to-end data management and warehouse solution for institutional inves...
With an aim to maintain competitiveness, State Street (STT) is mulling several strategic options for its asset management arm - State Street Global Advisors.
Company announcement no. 41/2020
NEW YORK--(BUSINESS WIRE)--Lukka, the leading crypto asset software and data provider, announced it has completed its Series C funding led by State Street Corporation (NYSE:STT) with participa...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has extended its investment servicing relationship with Glenmede Investment Management L.P., (“GIM”), a lea...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the appointment of Staffan Ahlner as global head of Collateral+, a part of the Funding and Collateral Solutions gro...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced an extension of its service agreement with Neuberger Berman to renew accounting services for Neuberger's $40B mutua...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that its Chairman & Chief Executive Officer, Ron O'Hanley, and its Chief Financial Officer, Eric Aboaf, will partic...
The passive stock index ETF has mushroomed in popularity with individual investors over the past decade.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has appointed Richard F. Lacaille to the newly-created role of senior investment advisor and has promoted ...
Shares of the big banks have lagged behind the broader market. But the group could soar during a sustained economic recovery.
Moody's Investors Service affirms all ratings of BNY Mellon (BK), Northern Trust (NTRS) and State Street (STT). The outlook remains stable for all three banks.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the launch of State Street MediaStats Central Bank Indicators and State Street MediaStats Thematic Indicators - two...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, and Chief Operating Officer, Lou Maiuri, will participate in Citi's 2...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) celebrates the 20th anniversary of its Fund Connect platform – the leading global trading, analytics and cash management tool with ...
About STT
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. It offers investment servicing products and services, including custody; product accounting; daily pricing and administration; master trust and master custody; depotbank; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager ... [Read more...]
| Industry Asset Management | Founded 1792 |
| CEO Ronald O'Hanley | Employees 39,439 |
| Stock Exchange NYSE | Ticker Symbol STT |
Financial Performance
In 2020, State Street's revenue was $11.70 billion, a decrease of -0.45% compared to the previous year's $11.76 billion. Earnings were $2.26 billion, an increase of 12.34%.
Analyst Forecasts
According to 19 analysts, the average rating for State Street stock is "Buy." The 12-month stock price forecast is 87.56, which is an increase of 7.34% from the latest price.