State Street (BMV:STT *) - Stock Price, News & Analysis

STT * Stock Overview

Through its subsidiaries, provides a range of financial products and services to institutional investors worldwide.

STT * fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (13x) is below the Capital Markets industry average (15.8x)

Earnings are forecast to grow 10.17% per year

Pays a reliable dividend of 3.73%

Risk Analysis

Shares are highly illiquid

Significant insider selling over the past 3 months

Profit margins (14.3%) are lower than last year (21.5%)

State Street Corporation Competitors

Grupo Profuturo. de

BMV:GPROFUT *

Mex$27.1b

Corporativo GBM. de

BMV:GBM O

Mex$21.6b

Northern Trust

NasdaqGS:NTRS

US$16.9b

T. Rowe Price Group

NasdaqGS:TROW

US$25.8b

Price History & Performance

Summary of all time highs, changes and price drops for State Street
Historical stock prices
Current Share Price	US$1,298.37
52 Week High	US$1,322.84
52 Week Low	US$1,220.49
Beta	1.5
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-22.11%
5 Year Change	17.56%
Change since IPO	36.95%

Recent updates

Shareholder Returns

	STT *	MX Capital Markets	MX Market
7D	0%	0.5%	-0.4%
1Y	n/a	-0.5%	-2.2%

Return vs Industry: Insufficient data to determine how STT * performed against the MX Capital Markets industry.

Return vs Market: Insufficient data to determine how STT * performed against the MX Market.

Price Volatility

Is STT *'s price volatile compared to industry and market?
STT * volatility
STT * Average Weekly Movement	n/a
Capital Markets Industry Average Movement	4.3%
Market Average Movement	4.3%
10% most volatile stocks in MX Market	6.6%
10% least volatile stocks in MX Market	2.5%

Stable Share Price: STT * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine STT *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1792	45,871	Ron O’Hanley	www.statestreet.com

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, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data.

State Street Corporation Fundamentals Summary

How do State Street's earnings and revenue compare to its market cap?
STT * fundamental statistics
Market cap	Mex$407.86b
Earnings (TTM)	Mex$31.36b
Revenue (TTM)	Mex$218.69b

13.0x

P/E Ratio

1.9x

P/S Ratio

Is STT * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STT * income statement (TTM)
Revenue	US$11.95b
Cost of Revenue	US$0
Gross Profit	US$11.95b
Other Expenses	US$10.24b
Earnings	US$1.71b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 16, 2024

Earnings per share (EPS)	5.69
Gross Margin	100.00%
Net Profit Margin	14.34%
Debt/Equity Ratio	212.3%

How did STT * perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

49%

Payout Ratio

Does STT * pay a reliable dividends?

See STT * dividend history and benchmarks

When do you need to buy STT * by to receive an upcoming dividend?
State Street dividend dates
Ex Dividend Date	Jul 01 2024
Dividend Pay Date	Jul 11 2024
Days until Ex dividend	1 day
Days until Dividend pay date	11 days

Does STT * pay a reliable dividends?

See STT * dividend history and benchmarks

STT * Stock Overview

Rewards

Risk Analysis

State Street Corporation Competitors

BMV:GPROFUT *

Mex$27.1b

BMV:GBM O

Mex$21.6b

NasdaqGS:NTRS

US$16.9b

NasdaqGS:TROW

US$25.8b

Price History & Performance

Recent News & Updates

State Street Corporation Intends to Increase Its Per Share Common Stock Dividend in the Third Quarter of 2024

ABN AMRO Reportedly Nears Deal to Buy HSBC's German Private Bank

State Street Corporation to Report Q2, 2024 Results on Jul 16, 2024

Insider recently sold Mex$5.1m worth of stock

First quarter dividend of US$0.69 announced

Insufficient new directors

Recent updates

State Street Corporation Intends to Increase Its Per Share Common Stock Dividend in the Third Quarter of 2024

ABN AMRO Reportedly Nears Deal to Buy HSBC's German Private Bank

State Street Corporation to Report Q2, 2024 Results on Jul 16, 2024

Insider recently sold Mex$5.1m worth of stock

First quarter dividend of US$0.69 announced

Insufficient new directors

State Street Corporation Declares Dividends on Its Common Stock, Payable on July 11, 2024

State Street Corporation Announces the Appointment of Elizabeth Lynn to Executive Vice President and Global Head of Investor Relations

Future Pak, Ltd. submits a proposal to acquire Vanda Pharmaceuticals Inc. (NasdaqGM:VNDA) from The Vanguard Group, Inc., State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), Dimensional Fund Advisors LP and others for approximately $450 million.

State Street Corporation, Annual General Meeting, May 15, 2024

State Street Corporation to Report Q1, 2024 Results on Apr 12, 2024

Healthpeak Properties, Inc. (NYSE:PEAK) completed the acquisition of Physicians Realty Trust (NYSE:DOC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., State Street Corporation (NYSE:STT) and others.

State Street Corporation Declares First Quarter Dividend on Its Common Stock, Payable on April 11, 2024

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

State Street Expands Fund Connect ETF APIs to Provide Global Coverage

State Street Corporation (NYSE:STT) acquired CF Global Trading, LLC

State Street Corporation Announces Appointment of Michael Eldridge as Uk Country Head

Realty Income Corporation (NYSE:O) completed the acquisition of Spirit Realty Capital, Inc. (NYSE:SRC) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Cohen & Steers, Inc. (NYSE:CNS), FMR LLC, State Street Corporation (NYSE:STT) and others.

State Street Corporation (NYSE:STT) announces an Equity Buyback for $5,000 million worth of its shares.

State Street Announces Appointment of Terri Dempsey as Country Head for Ireland

State Street Corporation Announces Executive Changes

Kimco Realty Corporation (NYSE:KIM) completed the acquisition of RPT Realty (NYSE:RPT) from a group of shareholders.

State Street Corporation Declares Fourth Quarter Dividend, Payable on January 12, 2024

State Street Corporation to Report Q4, 2023 Results on Jan 19, 2024

PacWest Bancorp (NasdaqGS:PACW) completed the acquisition of Banc of California, Inc. (NYSE:BANC) from a group of shareholders in a reverse merger transaction.

Permian Resources Corporation (NYSE:PR) completed the acquisition of Earthstone Energy, Inc. from EnCap Capital Energy Fund XI, L.P, managed by EnCap Investments L.P. and others.

State Street Corporation Announces Executive Changes

State Street Launches StreetFXSM Solution for T+1 Settlement

Newmont Corporation (NYSE:NEM) completed the acquisition of Newcrest Mining Limited (ASX:NCM) from State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Allan Gray Australia Pty Ltd. and others.

-State Street Appoints Arindam Banerrji as Country Head for India

Upcoming dividend of US$0.69 per share at 4.0% yield

State Street Corporation to Report Q3, 2023 Results on Oct 18, 2023

Global Net Lease, Inc. (NYSE:GNL) completed the acquisition of The Necessity Retail REIT, Inc. (NasdaqGS:RTL) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT) and others.

Funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) and funds managed by affiliates of Irenic Capital Management acquired Arconic Corporation (NYSE:ARNC) from a group of shareholders.

State Street Corporation Declares Third-Quarter Dividend on its Common Stock, Payable on October 12, 2023

State Street Corporation Appoints Jessica Donohue as Head of Global Investment Insights, Sustainability and Impact