State Street Corporation (STT)
| Market Cap | 27.55B |
| Revenue (ttm) | 12.08B |
| Net Income (ttm) | 2.65B |
| Shares Out | 367.62M |
| EPS (ttm) | 7.23 |
| PE Ratio | 10.36 |
| Forward PE | 10.12 |
| Dividend | $2.28 (3.04%) |
| Ex-Dividend Date | Sep 30, 2022 |
| Volume | 1,306,914 |
| Open | 74.12 |
| Previous Close | 73.51 |
| Day's Range | 73.67 - 74.95 |
| 52-Week Range | 58.80 - 104.87 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 81.82 (+9.2%) |
| Earnings Date | Jul 15, 2022 |
About 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; 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; investm... [Read more...]
Financial Performance
In 2021, State Street's revenue was $12.03 billion, an increase of 2.77% compared to the previous year's $11.70 billion. Earnings were $2.57 billion, an increase of 13.96%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for STT stock is "Buy." The 12-month stock price forecast is 81.82, which is an increase of 9.20% from the latest price.
News
State Street to Participate In Barclays Global Financial Services Conference
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its President & Head of Investment Services, Lou Maiuri, and its Vice Chairman & Chief Financial Officer, Eric Aboaf, w...
State Street Partners with Latinx Firms to Underwrite $750 Million of Senior Notes
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has issued $750 million aggregate principal amount of fixed-to-floating rate senior notes due 2033. The offering, wh...
ARCESIUM PARTNERS WITH STATE STREET FUND CONNECT TO HELP INSTITUTIONAL INVESTORS SEAMLESSLY MANAGE AND MONITOR CASH P...
NEW YORK , July 27, 2022 /PRNewswire/ -- Arcesium, a leading global financial technology firm, announced today it has partnered with State Street Fund Connect ("Fund Connect"), a global trading and anal...
State Street Corporation Declares Quarterly Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “D”, “F”...
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: Series D (rep...
State Street Corporation Declares Third-Quarter Dividend on its Common Stock
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.63 per share of common stock, payable on October 13, 2022 to common shareholders of record a...
State Street Appoints New Global Chief Marketing Officer
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that Brenda Tsai has been appointed as the firm's new executive vice president and global chief marketing officer. Tsai will ...
State Street Global Advisors appoints Jennifer Taylor as Head of Emerging Market Debt
LONDON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the appointment of Jennifer Taylor as Head of Emerging Marke...
Why State Street Stock Jumped Nearly 10% Friday
The custody bank posted Q2 earnings Friday and beat earnings estimates.
State Street (STT) Stock Up on Q2 Earnings Beat, Revenues Dip
State Street (STT) records a decline in revenues and expenses in the second quarter of 2022.
State Street Corporation (STT) Tops Q2 Earnings Estimates
State Street Corporation (STT) delivered earnings and revenue surprises of 10.23% and 1.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
State Street Reports Second-Quarter 2022 Financial Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its second-quarter 2022 financial results today. The news release, presentation, and additional financial information can be access...
New Strong Sell Stocks for July 15th
ACER, HMN, and STT have been added to the Zacks Rank #5 (Strong Sell) List on July 15, 2022.
State Street Stock To Top The Consensus In Q2?
State Street (NYSE: STT) is scheduled to report its fiscal Q2 2022 results on Friday, July 15, 2022.
Why is Earnings Beat Less Likely for State Street (STT) in Q2?
Supported by loan growth and higher rates, State Street (STT) is expected to have recorded a rise in interest income in the second quarter of 2022.
Earnings Preview: State Street Corporation (STT) Q2 Earnings Expected to Decline
State Street Corporation (STT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
State Street Corporation Announces Time Change for its Second-Quarter 2022 Financial Results and Conference Call Webcast
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its second-quarter 2022 financial results and the associated we...
State Street and FactSet Partner to Streamline Data Flows Across Front, Middle & Back Office
BOSTON & NORWALK, Conn.--(BUSINESS WIRE)--State Street and FactSet today announced a strategic partnership integrating State Street Alpha and the complementary strengths of FactSet to streamline data fl...
ALLSPRING GLOBAL INVESTMENTS TO ADOPT STATE STREET ALPHA™ PLATFORM
CHARLOTTE, N.C. , July 1, 2022 /PRNewswire/ -- Allspring Global Investments™ (Allspring), a leading independent asset manager with more than $541 billion in assets under management*, today announced tha...
State Street Corporation Announces Date for Release of Second-Quarter 2022 Financial Results and Conference Call Webcast
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its second-quarter 2022 financial results on Friday, July 15, 2022 at approximately 7:30 a.m. ET. The results will be revi...
State Street Corporation Announces Preliminary Stress Capital Buffer Requirement and the Intention to Increase its Qu...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced its preliminary stress capital buffer (SCB) requirement of 2.5%, effective October 1, 2022, and the intention to increase it...
3 Blue-Chip Stocks With Reliable Dividends During Recessions
Finding high-quality dividend stocks is always the best strategy for building wealth long-term, in our view, but that's especially true during tough economic times, such as recessions. We like the blue ...
Credit Suisse Dips on Trading View, Gains on State Street Claims
Credit Suisse (CS) shares decline following a trading update. Stock reverses on claims of takeover by State Street (STT).
Credit Suisse CEO calls questions over State Street takeover 'really stupid'
Credit Suisse Chief Executive Thomas Gottstein on Thursday called queries over a potential takeover offer from U.S. financial giant State Street "really stupid", shutting down questions after a media re...
State Street spokesperson says company 'will not respond' to report about buying Credit Suisse
State Street Corp. said the company is "not going to to respond" to a report in Swiss publication Inside Paradeplaz that it's planning a bid to buy Credit Suisse AG. "As we have previously discussed, we...