State Street Corporation (STT)
| Market Cap | 29.41B |
| Revenue (ttm) | 11.59B |
| Net Income (ttm) | 2.17B |
| Shares Out | 350.74M |
| EPS (ttm) | 6.07 |
| PE Ratio | 13.80 |
| Forward PE | 12.22 |
| Dividend | $2.08 |
| Dividend Yield | 2.48% |
| Trading Day | June 11 |
| Last Price | $83.74 |
| Previous Close | $83.64 |
| Change ($) | 0.10 |
| Change (%) | 0.12% |
| Day's Open | 83.78 |
| Day's Range | 83.50 - 84.47 |
| Day's Volume | 1,829,683 |
| 52-Week Range | 55.40 - 89.28 |
In a Thursday memo, State Street Corp. ( STT , Financial) announced that it is creating a digital finance division called State Street Digital, which will serve as “an investment in the future” of the f...
State Street is creating a digital finance division focused on cryptocurrency and blockchain technology as client interest increases.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has launched a new division focused on addressing the industry's evolving shift to digital finance. The new division...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced strategic engagements with leading industry and education-focused organizations that advocate for and support the advancemen...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the appointment of Jason Knight as global head of the firm's Insurance segment. In this role, Knight will be responsible for ...
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced that Lynn Blake, Chief Investment Officer, Global Equity Bet...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced an expansion of its relationship with Aberdeen Standard Investments (ASI) by being appointed the service provider for two of...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that Chief Executive Officer of State Street Institutional Services, Francisco Aristeguieta, and Chief Financial Officer, Eri...
State Street stock, a custody banking giant, has gained roughly 19% – increasing from about $73 at the beginning of 2021 to around $86 currently, outperforming the S&P500, which grew 11% over the same p...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on July 12, 2021 to common shareholders of record at t...
State Street (STT) enters a deferred prosecution agreement and agrees to pay $115 million criminal fine to settle charges that it deceived customers by overcharging them for back-office expenses.
State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. ...
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 participate in B...
While State Street's (STT) global reach, efforts to upgrade operations technologically and strong balance sheet will keep aiding growth, elevated costs will likely hurt profits.
Inflation headed above 3% in 2021: State Street Global Advisors
State Street Global Advisors' Mehvish Ayub gives her sector allocations as the recovery continues, and also gives State Street's house view of incoming inflationary pressures.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the launch of a new Bitcoin Thematic Indicator series to help contextualize the rising popularity of Bitcoin and how it is im...
BOSTON & LONDON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has appointed Aman Thind to executive vice president and global chief architect. In this role Thind will rep...
The T Rowe Price Equity Income Fund (Trades, Portfolio) sold shares of the following stocks during the first quarter of 2021, which ended on March 31.
By David Callaway, Callaway Climate Insights The corporate pledges are lining up for Earth Day.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series D (represented by...
State Street Corp's asset-management arm said it would join other big investment firms pushing to limit greenhouse gas emissions to net zero by 2050, part of a rush by large companies to embrace climate...
TOKYO--(BUSINESS WIRE)--Charles River Development announces Nomura Asset Management Co., Ltd. is expanding their use of the Charles River Investment Management Solution.
BOSTON & NEW YORK--(BUSINESS WIRE)--State Street (NYSE:STT) today announced a strategic engagement with S&P Global Trucost that brings together State Street's newly announced ESG Risk Analytics and Repo...
State Street Corporation (STT) delivered earnings and revenue surprises of 9.70% and 2.35%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Increase in fee income and provision benefits support State Street's (STT) Q1 earnings amid lower interest rates.
Shares of State Street (NYSE:STT) rose 0.9% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 11.98% year over year to $1.47, which beat the estimate...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has entered into an agreement with Invesco Ltd. (NYSE: IVZ) which will result in Invesco adopting State Street Alpha...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its first-quarter 2021 financial results today. The news release, presentation, and additional financial information can be accesse...
Short selling has been around since the birth of modern capital markets. Investopedia offers a simple definition of the concept:
Near-zero interest rates and lower fee revenues are likely to have hurt State Street's (STT) Q1 earnings.
As the new earnings season marches along, several financial sector companies will be reporting.
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced its intention to establish its Agency Lending Program's first Environmental, Social, and Corporate Governance (ESG) aware co...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the appointment of Renee LaRoche-Morris to chief of staff to the chief operating officer (COO) and head of chief administrati...
BURLINGTON, Mass.--(BUSINESS WIRE)--Charles River IMS has been named has been named “Best Trading Platform” in the fifth annual FinTech Breakthrough Awards program.
As of April 9, the GuruFocus All-in-One Screener, a Premium feature, found that the following companies have low price-earnings ratios and high dividend yields.
State Street Corporation (STT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
On Wednesday, State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced the launch of the SPDR Bloomberg Barclays Emerging Markets USD Bond ETF (EMHC...
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR Bloomberg Barclays Emerging Markets U...
According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of April 6.
Having gained close to 100% since the March 23 lows of last year, at the current price near $86 per share, we believe State Street's stock is slightly overpriced. State Street, the custody banking giant...
Societe Generale (SCGLY) is in advanced talks with State Street as well as Amundi for the sale of its asset management business, Lyxor.
BOSTON--(BUSINESS WIRE)-- #Equity--Colfondos, one of Colombia's largest pension funds, has selected Charles River IMS for their domestic and global equity and fixed income portfolios.
BOSTON--(BUSINESS WIRE)--State Street Global Advisors Reduces Fees on Two Fixed Income SPDR® Portfolio ETFs™
BOSTON--(BUSINESS WIRE)-- #Azure--Charles River has brought 10 clients onto their Microsoft Azure cloud solution, with around 40 more deployments planned for the coming months.
More money keeps on flowing into environmental, social, and governance (ESG) investing, which bodes well for the ETF landscape and funds like the S&P 500 ESG ETF (EFIV). “Investors poured record amounts...
With 10-year Treasury yields soaring, financial services stocks and funds like the Financial Select Sector SPDR (XLF) are back in style in a big way. This ETF, one of the powerhouse SPDR products, provi...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the appointment of Ann Fogarty to executive vice president and deputy head of Global Delivery with responsibility for State S...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its first-quarter 2021 financial results on Friday, April 16, 2021 at approximately 7:30 a.m. EDT. The results will be rev...
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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 39,318 |
| 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 91.88, which is an increase of 9.72% from the latest price.