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State Street (STT) Stock

Profile

Full Name:

State Street Corporation

Country:

United States

IPO:

17 March 1980

Indexes:

Description:

State Street Corporation is the largest financial holding company in the United States. Founded in 1969, its headquarters are located in Boston. It primarily operates through its main subsidiary, State Street Bank, which was established in 1792 (the current name was adopted in 1960, prior to that it was Union Bank). State Street Bank acts as a specialized bank, known as a trust or custodial bank, serving and managing assets on behalf of its institutional clients. The range of services provided is divided into two main areas: - Investment servicing - banking functions such as fund custody and related services, including clearing, settlement, and payment services; foreign exchange, brokerage, and other trading services; loans and leasing; administrative services. - Investment management - a wide range of investment management strategies and products for clients.

Key Details

Price

$101.60

TTM Dividend Yield

2.85%(-20.17% YoY)

Annual Revenue

$12.92 B(+8.15% YoY)

Annual EPS

$8.21(+47.13% YoY)

PE Ratio

12.33(-8.40% YoY)

Beta

0.74

Events Calendar

Earnings

Next earnings date:

Apr 11, 2025

Recent quarterly earnings:

Jan 17, 2025

Recent annual earnings:

Jan 17, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 02, 2025
Splits

Next split:

N/A

Recent split:

May 31, 2001

Analyst ratings

Recent major analysts updates

22 Jan '25 Deutsche Bank
Hold
21 Jan '25 Truist Securities
Hold
07 Jan '25 Truist Securities
Hold
06 Jan '25 Barclays
Overweight
03 Jan '25 Morgan Stanley
Overweight
02 Jan '25 Wells Fargo
Overweight
09 Dec '24 Morgan Stanley
Overweight
03 Dec '24 Keefe, Bruyette & Woods
Outperform
15 Nov '24 Wells Fargo
Overweight
11 Nov '24 Deutsche Bank
Hold

Market Data

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Institutional Ownership

What's Next For STT Stock?
What's Next For STT Stock?
What's Next For STT Stock?
STT
forbes.com23 January 2025

State Street's stock (NYSE: STT), which offers various financial services to institutional investors, reported Q4 2024 results that exceeded expectations. Since the beginning of 2024, the stock has risen by around 30%, slightly outperforming the S&P 500, but it has lagged behind its competitor, Bank of New York Mellon, whose stock has increased by more than 60% during the same time.

State Street Corporation (STT) Q4 2024 Q&A Earnings Call Transcript
State Street Corporation (STT) Q4 2024 Q&A Earnings Call Transcript
State Street Corporation (STT) Q4 2024 Q&A Earnings Call Transcript
STT
seekingalpha.com22 January 2025

State Street Corporation (NYSE:STT) will hold its Q4 2024 earnings call on January 22, 2025, at 12:00 PM ET. The call will feature key company participants, including CEO Ron O'Hanley and CFO Eric Aboaf, along with various analysts from different financial institutions. Elizabeth Lynn, the Head of Investor Relations, will lead the discussion.

State Street Corporation (NYSE: STT) Additional Q&A for 4Q and Full-Year Earnings Results
State Street Corporation (NYSE: STT) Additional Q&A for 4Q and Full-Year Earnings Results
State Street Corporation (NYSE: STT) Additional Q&A for 4Q and Full-Year Earnings Results
STT
businesswire.com21 January 2025

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced its financial results for the fourth quarter and the entire year of 2024 on Friday, January 17, 2025. You can find the news release, presentation, and more financial details on State Street's Investor Relations website at http://investors.statestreet.com. A conference call to go over the company's financial results and future expectations was set for 11:00 a.m. ET on the same day but was cut short after the prepared remarks.

Are You Looking for a High-Growth Dividend Stock?
Are You Looking for a High-Growth Dividend Stock?
Are You Looking for a High-Growth Dividend Stock?
STT
zacks.com20 January 2025

Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Does State Street Corporation (STT) meet the criteria?

State Street Corporation (NYSE: STT) to Host Additional Q&A for 4Q and Full-Year Earnings Results
State Street Corporation (NYSE: STT) to Host Additional Q&A for 4Q and Full-Year Earnings Results
State Street Corporation (NYSE: STT) to Host Additional Q&A for 4Q and Full-Year Earnings Results
STT
businesswire.com17 January 2025

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced its financial results for the fourth quarter and the entire year of 2024 earlier today. You can find the news release, presentation, and more financial details on State Street's Investor Relations website at http://investors.statestreet.com. A conference call to go over the company's financial results and future expectations, set for 11:00 a.m. ET on Friday, January 17, 2025, was disrupted after the prepared statements were finished.

State Street Corporation (STT) Q4 Earnings and Revenues Beat Estimates
State Street Corporation (STT) Q4 Earnings and Revenues Beat Estimates
State Street Corporation (STT) Q4 Earnings and Revenues Beat Estimates
STT
zacks.com17 January 2025

State Street Corporation (STT) reported quarterly earnings of $2.60 per share, which is higher than the Zacks Consensus Estimate of $2.42 per share. This is an increase compared to earnings of $2.04 per share from the same time last year.

State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2024 Financial Results
State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2024 Financial Results
State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2024 Financial Results
STT
businesswire.com17 January 2025

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced its financial results for the fourth quarter and the entire year of 2024 today. You can find the news release, presentation, and more financial details on State Street's Investor Relations website at http://investors.statestreet.com. A public conference call to discuss the financial results and future outlook will take place at 11:00 a.m. ET today, Friday, January 17, 2025.

Exploring Analyst Estimates for State Street (STT) Q4 Earnings, Beyond Revenue and EPS
Exploring Analyst Estimates for State Street (STT) Q4 Earnings, Beyond Revenue and EPS
Exploring Analyst Estimates for State Street (STT) Q4 Earnings, Beyond Revenue and EPS
STT
zacks.com14 January 2025

Assess the anticipated performance of State Street (STT) for the quarter that ended in December 2024. Instead of just relying on the usual Wall Street estimates for revenue and profit, let's take a closer look at some important metrics for a deeper understanding.

How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings
How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings
How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings
STT
benzinga.com14 January 2025

State Street Corporation (STT) is set to announce its fourth-quarter financial results on Friday, January 17, 2025, before the market opens.

NII to Aid STT's Q4 Earnings, Lower Fee Revenues & High Costs to Hurt
NII to Aid STT's Q4 Earnings, Lower Fee Revenues & High Costs to Hurt
NII to Aid STT's Q4 Earnings, Lower Fee Revenues & High Costs to Hurt
STT
zacks.com14 January 2025

The increase in net interest income (NII) probably helped State Street's earnings for the fourth quarter of 2024. However, a decline in fee revenues and high costs may have had a negative impact.

FAQ

  • What is the primary business of State Street?
  • What is the ticker symbol for State Street?
  • Does State Street pay dividends?
  • What sector is State Street in?
  • What industry is State Street in?
  • What country is State Street based in?
  • When did State Street go public?
  • Is State Street in the S&P 500?
  • Is State Street in the NASDAQ 100?
  • Is State Street in the Dow Jones?
  • When was State Street's last earnings report?
  • When does State Street report earnings?
  • Should I buy State Street stock now?

What is the primary business of State Street?

State Street Corporation is the largest financial holding company in the United States. Founded in 1969, its headquarters are located in Boston. It primarily operates through its main subsidiary, State Street Bank, which was established in 1792 (the current name was adopted in 1960, prior to that it was Union Bank). State Street Bank acts as a specialized bank, known as a trust or custodial bank, serving and managing assets on behalf of its institutional clients. The range of services provided is divided into two main areas: - Investment servicing - banking functions such as fund custody and related services, including clearing, settlement, and payment services; foreign exchange, brokerage, and other trading services; loans and leasing; administrative services. - Investment management - a wide range of investment management strategies and products for clients.

What is the ticker symbol for State Street?

The ticker symbol for State Street is NYSE:STT

Does State Street pay dividends?

Yes, State Street pays dividends. The last payment was $0.76, with an ex-dividend date on 02 January 2025

What sector is State Street in?

State Street is in the Financial Services sector

What industry is State Street in?

State Street is in the Asset Management industry

What country is State Street based in?

State Street is headquartered in United States

When did State Street go public?

State Street's initial public offering (IPO) was on 17 March 1980

Is State Street in the S&P 500?

Yes, State Street is included in the S&P 500 index

Is State Street in the NASDAQ 100?

No, State Street is not included in the NASDAQ 100 index

Is State Street in the Dow Jones?

No, State Street is not included in the Dow Jones index

When was State Street's last earnings report?

State Street's most recent earnings report was on 17 January 2025

When does State Street report earnings?

The next expected earnings date for State Street is 11 April 2025

Should I buy State Street stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions