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State Street Corp

STT.N

Latest Trade

79.13USD

Change

-1.29(-1.60%)

Volume

696,755

Today's Range

79.08

 - 

81.22

52 Week Range

48.63

 - 

81.22

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
80.42
Open
80.30
Volume
696,755
3M AVG Volume
51.31
Today's High
81.22
Today's Low
79.08
52 Week High
81.22
52 Week Low
48.63
Shares Out (MIL)
363.62
Market Cap (MIL)
29,242.58
Forward P/E
13.74
Dividend (Yield %)
2.59

Next Event

Q4 2019 State Street Corp Earnings Release

Latest Developments

More

State Street Reports Third-Quarter Results

Charles River And Tradeweb Expand Multi-Asset Trading Collaboration

State Street Corp - Announced A Quarterly Cash Dividend Of $0.52 Per Share

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About State Street Corp

State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors across the world. Investment servicing line of business performs functions, such as providing institutional investors with clearing, settlement and payment services. The Company operates investment management line of business through State Street Global Advisors (SSGA). SSGA provides a range of investment management, investment research and investment advisory services to corporations, public funds and other investors. Its clients include mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments and investment managers.

Industry

Investment Services

Contact Info

1 Lincoln St

+1.617.7863000

http://www.statestreet.com

Executive Leadership

Joseph L. Hooley

Non-Executive Chairman of the Board

Ronald P. O'Hanley

President, Chief Executive Officer, Director

Eric W. Aboaf

Chief Financial Officer, Executive Vice President

Cyrus Taraporevala

President and Chief Executive Officer, State Street Global Advisors

Louis D. Maiuri

Chief Operating Officer, Executive Vice President, Head of Global Markets, Global Exchange

Key Stats

2.35 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

10.8K

2017

11.7K

2018

12.0K

2019(E)

11.6K
EPS (USD)

2016

5.140

2017

6.420

2018

7.220

2019(E)

5.854
Price To Earnings (TTM)
16.16
Price To Sales (TTM)
2.50
Price To Book (MRQ)
1.36
Price To Cash Flow (TTM)
9.18
Total Debt To Equity (MRQ)
78.77
LT Debt To Equity (MRQ)
45.44
Return on Investment (TTM)
--
Return on Equity (TTM)
0.87

Latest News

Latest News

State Street beats profit as assets hold up in an uncertain environment

State Street Corp <STT.N> on Friday beat analysts' estimates for third-quarter profit, as the custodian bank's assets under custody and management held up against macroeconomic uncertainty.

State Street profit falls 23.7% on lower fees

Custodian bank State Street Corp posted a 23.7% fall in third-quarter profit on Friday, as it earned less from asset servicing and management fees.

REFILE-BRIEF-Bank Of New York Mellon Lost VanEck Associates As Client Of Its Servicing Business For Exchange-Traded Funds To State Street Corp - WSJ

* BANK OF NEW YORK MELLON CORP LOST VANECK ASSOCIATES AS A CLIENT OF ITS SERVICING BUSINESS FOR EXCHANGE-TRADED FUNDS TO RIVAL STATE STREET CORP - WSJ Source text : https://on.wsj.com/2HmPyPM Further company coverage:

State Street pays $94.3 million to settle U.S., state charges over hidden fund markups

State Street Corp agreed to pay $94.3 million to settle federal and state regulatory charges it routinely overcharged mutual fund customers and other clients over roughly 17 years by adding hidden markups on back-office expenses.

State Street to pay $88.8 mln to settle with U.S. SEC on mutual fund overcharges

State Street Corp agreed to pay $88.8 million to settle charges by the U.S. Securities and Exchange Commission that it overcharged mutual funds and other clients for expenses related to its custody of client assets, the regulator said on Thursday.

MOVES-State Street hires former Citi Asia head as new CEO of int'l business

Custodian bank State Street Corp on Monday named former Citigroup Inc Asia head Francisco Aristeguieta as chief executive officer for its international business.

State Street plans to lay off 15 percent of senior management: Bloomberg

Custodian bank State Street Corp <STT.N> plans to lay off 15 percent of its senior management, Bloomberg reported on Wednesday, citing people familiar with the matter.

State Street sees flat fourth-qtr servicing fee, shares fall 10 percent

Custodian bank State Street Corp <STT.N> said on Friday it expects fourth-quarter servicing fee revenue - its main earnings driver - to remain flat compared with the third quarter, sending its shares down 10 percent.

CORRECTED-State Street sees flat fourth-quarter servicing fees, shares fall

Custodian bank State Street Corp said on Friday it expects fourth-quarter servicing fee revenue, its main earnings driver, to be flat from the third quarter, sending its shares down 7 percent.

UPDATE 2-Ex-State Street exec gets prison in U.S. for defrauding clients

A former State Street Corp executive was sentenced on Tuesday to 18 months in prison after being convicted of taking part in a scheme to overcharge customers of the bank by applying secret commissions on billions of dollars' worth of trades.

Ex-State Street executive gets prison in U.S. for defrauding clients

A former State Street Corp executive was sentenced on Tuesday to 18 months in prison after being convicted of taking part in a scheme to overcharge customers of the bank by applying secret commissions on billions of dollars' worth of trades.

State Street opens Abu Dhabi office, eyes regional growth

U.S. financial services provider State Street Corporation <STT.N> opened a new office in Abu Dhabi on Monday, expanding in the United Arab Emirates as it eyes growth prospects in the Middle East region.

Former State Street executive avoids prison in U.S. fraud case

A former State Street Corp <STT.N> executive avoided prison on Tuesday after cooperating with U.S. authorities investigating a scheme to defraud clients of the bank by applying secret commissions on billions of dollars in securities trades.

Oilfield service giants miss earnings forecasts despite soaring U.S. production

Oilfield service giants Schlumberger and General Electric Co's Baker Hughes missed second quarter revenue forecasts on Friday as slow international growth offset record production in the United States that boosted domestic demand for their services.

U.S. custodian bank State Street to buy investment firm Charles River

U.S. custodian bank State Street Corp <STT.N> said on Friday it would buy Charles River Development, a privately held investment management firm, for $2.6 billion in cash.

Ex-State Street executive convicted in U.S. of hidden fee fraud

A former State Street Corp <STT.N> executive was convicted on Tuesday of participating in a scheme to defraud several of the bank's customers by charging them secret commissions on billions of dollars of trades.

Ex-State Street executive convicted in U.S. of hidden fee fraud

A former executive at State Street Corp was convicted on Tuesday of U.S. charges that he participated in a scheme to defraud several of the bank's customers by charging them secret commissions on billions of dollars of trades.

Ex-State Street executive pulled 'bait-and-switch' on clients: U.S. prosecutor

A former State Street Corp <STT.N> executive engaged in "bait-and switch" by promising to charge several of the bank's clients low fees to execute billions of dollars of trades before secretly applying commissions to them, a U.S. prosecutor said on Monday.

MOVES-State Street makes senior appointment

State Street Corp named Geoff Pullen as managing director of its alternatives sector for Europe, the Middle East and Africa (EMEA).

MOVES- State Street, Legal & General, Franklin Templeton

The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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