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State Street CorporationNYSE:STT Stock Report

Market Cap US$42.6b
Share Price
US$150.88
US$157.46
4.2% undervalued intrinsic discount
1Y54.4%
7D0.3%
Portfolio Value
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State Street Corporation

NYSE:STT Stock Report

Market Cap: US$42.6b

STT Community Fair Values

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Price History & Performance

Summary of share price highs, lows and changes for State Street
Historical stock prices
Current Share PriceUS$150.88
52 Week HighUS$156.18
52 Week LowUS$94.19
Beta1.46
1 Month Change3.75%
3 Month Change16.35%
1 Year Change54.37%
3 Year Change120.68%
5 Year Change76.76%
Change since IPO13,894.68%

Recent News & Updates

Seeking Alpha May 08

State Street: A Wonderful Company You've Never Considered

Summary State Street Corporation is a global asset custodian and ETF provider, benefiting from robust market and economic expansion. STT reported Q1 2026 revenue up 15.6% YoY and adjusted EPS up 39.2%, both exceeding consensus estimates. With a forward P/E of 12 and projected 13.7% annual EPS growth through 2028, STT trades at a discount to its $156 fair value estimate. STT’s strong capital returns, 2.2% yield, and 15-year dividend growth streak make it attractive, though recession and cyber risks warrant monitoring. Read the full article on Seeking Alpha
Narrative Update May 04

STT: Private Assets And ETF Servicing Advances Will Shape Future Fee Power

State Street's updated analyst price target moves higher by about $9, as analysts factor in slightly stronger assumed revenue growth, a modestly higher profit margin, a small adjustment to the future P/E multiple, and a lower discount rate. Analyst Commentary Recent Street research on State Street has centered on revised price targets, with most firms adjusting their valuation frameworks rather than pointing to any single catalyst.

Recent updates

Seeking Alpha May 08

State Street: A Wonderful Company You've Never Considered

Summary State Street Corporation is a global asset custodian and ETF provider, benefiting from robust market and economic expansion. STT reported Q1 2026 revenue up 15.6% YoY and adjusted EPS up 39.2%, both exceeding consensus estimates. With a forward P/E of 12 and projected 13.7% annual EPS growth through 2028, STT trades at a discount to its $156 fair value estimate. STT’s strong capital returns, 2.2% yield, and 15-year dividend growth streak make it attractive, though recession and cyber risks warrant monitoring. Read the full article on Seeking Alpha
Narrative Update May 04

STT: Private Assets And ETF Servicing Advances Will Shape Future Fee Power

State Street's updated analyst price target moves higher by about $9, as analysts factor in slightly stronger assumed revenue growth, a modestly higher profit margin, a small adjustment to the future P/E multiple, and a lower discount rate. Analyst Commentary Recent Street research on State Street has centered on revised price targets, with most firms adjusting their valuation frameworks rather than pointing to any single catalyst.
Narrative Update Apr 19

STT: Private Assets And ETF Servicing Expansion Will Support Future Fee Power

State Street's updated analyst price target has moved from $144.30 to about $148.46. Analysts attribute this to revised fair value, a lower discount rate, slightly different revenue growth assumptions, a higher profit margin outlook, and updated future P/E expectations supported by recent mixed target changes across major research firms.
Narrative Update Apr 05

STT: Sector Recovery And Private Markets Moves Will Offset Rate Headwinds

Analysts have widened the range of views on State Street, with the updated fair value estimate moving from $102.26 to $121.23 as they factor in revised price targets that reflect mixed calls on bank earnings, margin potential, and expectations for sector recovery into 2026. Analyst Commentary Recent Street research on State Street presents a split picture, with some firms lifting price targets while others are trimming them as they reassess earnings power, margin durability, and the pace of any sector recovery into 2026.
Narrative Update Mar 22

STT: Capital Markets And Private Assets Expansion Will Support Future Fee Upside

The updated analyst price target for State Street rises by about $6 to roughly $170. This reflects recent research in which some analysts lifted their targets on expectations for steadier balance sheet trends, potential tailwinds for trust banks, and a richer future P/E assumption around 16x, even as others trimmed targets around Q4 and bank sector adjustments.
Narrative Update Mar 08

STT: Capital Markets Recovery And Private Assets Access Will Drive Future Fee Power

Narrative Update on State Street Analyst price targets for State Street have seen a mixed reset, with some firms trimming expectations while others lifting targets by up to $20. This reflects analysts balancing recent sector wide optimism in bank and capital markets activity against more cautious stock specific views.
Narrative Update Feb 22

STT: Capital Markets Recovery And Digital Assets Platform Will Shape Future Fee Power

Narrative Update on State Street The analyst price target for State Street edges higher by about $0.70 to reflect a modestly stronger fair value estimate and slightly higher assumed future P/E. Recent research updates cite sector wide optimism on Capital Markets and trust banks, alongside mixed target revisions from different firms.
Narrative Update Feb 08

STT: Capital Markets Recovery And Digital Initiatives Will Shape Future Fee Leverage

Narrative update on State Street Analysts have lifted their fair value estimate for State Street to $143.60 from $130.14, reflecting updated assumptions for revenue growth, profit margins, discount rate, and future P/E following recent price target revisions from several research firms. Analyst Commentary Recent Street research on State Street reflects a mix of optimism and caution, with several firms updating their price targets and views on the broader Capital Markets and banking space into 2026.
Narrative Update Jan 24

STT: Capital Markets Recovery Into 2026 Will Support Fee Income Upside

Narrative Update on State Street The analyst price target for State Street has been reduced by $4 to reflect modestly lower fair value and revenue growth assumptions, as analysts balance recent target cuts with generally constructive views on bank earnings and a potential capital markets recovery into 2026. Analyst Commentary Recent research on State Street has been mixed, with some firms trimming price targets while others are leaning more optimistic on the medium term setup for banks and capital markets activity into 2026.
Analysis Article Jan 20

Analysts Are Updating Their State Street Corporation (NYSE:STT) Estimates After Its Full-Year Results

Shareholders might have noticed that State Street Corporation ( NYSE:STT ) filed its annual result this time last week...
Narrative Update Jan 10

STT: Capital Markets Recovery Into 2026 Will Support Fee Income Rebound

Narrative Update: State Street Analysts have lifted their implied fair value for State Street from about US$116 to roughly US$168, citing higher price targets across the Street and updated assumptions for revenue growth, profit margins, P/E multiples, and discount rates. Analyst Commentary Recent research updates point to a cluster of higher price targets for State Street, with implied upside framed around sector level themes such as bank earnings resilience and potential recovery in capital markets related activity.
Narrative Update Dec 22

STT: Lower Rate Outlook Will Pressure Earnings Despite Recent Optimism

Analysts have lifted their price target on State Street by roughly $12 to reflect stronger expected revenue growth, improving profit margins, and a modestly higher future earnings multiple despite a slightly higher discount rate. Analyst Commentary Recent Street research on State Street has skewed constructive, with multiple firms lifting price targets into the $130 to $160 range and reiterating positive ratings.
Narrative Update Dec 08

STT: Future Fee Leverage And New CFO Moves Will Shape Returns

Analysts have nudged their fair value estimate for State Street slightly lower to approximately $130 per share from about $130.36, reflecting a modestly higher discount rate and fine tuned expectations for revenue growth, profitability, and future valuation multiples, amid broadly supportive Street target hikes that emphasize operating leverage and potential strategic upside. Analyst Commentary Bullish analysts are broadly constructive on State Street, pointing to a blend of equity market leverage, operating efficiency opportunities, and a refreshed leadership backdrop as catalysts that could unlock additional shareholder value beyond current expectations.
Narrative Update Nov 24

STT: Future Fee Upside Expected As New CFO Initiatives Unfold

Analysts have raised their price targets for State Street, with the consensus increasing by up to $48. Strong revenue performance, improved outlooks, and expectations for ongoing fee growth and strategic shifts support the more favorable view.
Narrative Update Nov 07

STT: Future Fee Momentum And New CFO Appointment Will Drive Share Recovery

The consensus analyst price target for State Street has increased modestly from approximately $129.63 to $130.36. This change reflects continued confidence in the company's profitability prospects and steady revenue growth cited by analysts.
Narrative Update Oct 24

Rising Market Momentum And Fee Expansion Will Drive Future Asset Servicing Success

State Street's analyst price target has been raised from approximately $127.30 to $129.63 per share. Analysts cite factors such as a strong revenue beat, attractive valuation, and the potential for improved profitability due to higher market levels and ongoing strategic initiatives.
Narrative Update Oct 10

Global Wealth And Passive Investing Will Strengthen Future Asset Servicing

State Street's analyst price target has been revised upward from $117.50 to $127.30. This change reflects improved revenue growth expectations and continued optimism from analysts, citing increased fee generation, strategic changes, and positive momentum in new business wins.
Narrative Update Sep 26

Global Wealth And Passive Investing Will Strengthen Future Asset Servicing

Analysts have raised State Street’s price target to $117.50, citing continued organic fee growth, strong operating leverage, asset-driven revenue momentum, and sector tailwinds from rising markets and interest rates. Analyst Commentary Bullish analysts highlight State Street’s ability to drive organic fee growth while maintaining expense discipline, creating positive operating leverage.
Analysis Article Sep 25

State Street (NYSE:STT) Is Increasing Its Dividend To $0.84

The board of State Street Corporation ( NYSE:STT ) has announced that it will be paying its dividend of $0.84 on the...
Analysis Article Sep 11

State Street (NYSE:STT) Is Increasing Its Dividend To $0.84

State Street Corporation ( NYSE:STT ) has announced that it will be increasing its dividend from last year's comparable...
Narrative Update Sep 04

Global Wealth And Passive Investing Will Strengthen Future Asset Servicing

Analysts maintain a positive outlook on State Street, citing robust AUC/A growth, higher fee revenues, and increased net interest income driven by favorable markets and rising rates, leaving the consensus price target unchanged at $115.11. Analyst Commentary Bullish analysts cite robust growth in assets under custody/administration (AUC/A), supported by a favorable equity market environment.
Analysis Article Aug 04

State Street (NYSE:STT) Is Paying Out A Larger Dividend Than Last Year

State Street Corporation ( NYSE:STT ) will increase its dividend from last year's comparable payment on the 14th of...
Analysis Article Jul 21

State Street (NYSE:STT) Is Paying Out A Larger Dividend Than Last Year

State Street Corporation's ( NYSE:STT ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Jul 19

State Street Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Last week saw the newest second-quarter earnings release from State Street Corporation ( NYSE:STT ), an important...

Shareholder Returns

STTUS Capital MarketsUS Market
7D0.3%-2.3%-1.0%
1Y54.4%6.0%23.3%

Return vs Industry: STT exceeded the US Capital Markets industry which returned 7.7% over the past year.

Return vs Market: STT exceeded the US Market which returned 24.4% over the past year.

Price Volatility

Is STT's price volatile compared to industry and market?
STT volatility
STT Average Weekly Movement3.6%
Capital Markets Industry Average Movement3.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: STT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: STT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
179251,425Ron O’Hanleywww.statestreet.com

State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities. The company also provides the State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication.

State Street Corporation Fundamentals Summary

How do State Street's earnings and revenue compare to its market cap?
STT fundamental statistics
Market capUS$42.55b
Earnings (TTM)US$2.83b
Revenue (TTM)US$14.39b
14.8x
P/E Ratio
2.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STT income statement (TTM)
RevenueUS$14.39b
Cost of RevenueUS$0
Gross ProfitUS$14.39b
Other ExpensesUS$11.57b
EarningsUS$2.83b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)10.21
Gross Margin100.00%
Net Profit Margin19.63%
Debt/Equity Ratio217.6%

How did STT perform over the long term?

See historical performance and comparison

Dividends

2.2%
Current Dividend Yield
33%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/19 04:49
End of Day Share Price 2026/05/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

State Street Corporation is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Jason GoldbergBarclays
Jason GoldbergBarclays