State Street Future Growth

Future criteria checks 1/6

State Street is forecast to grow earnings and revenue by 13.5% and 3.1% per annum respectively. EPS is expected to grow by 14.2% per annum. Return on equity is forecast to be 11.7% in 3 years.

Key information

13.5%

Earnings growth rate

14.2%

EPS growth rate

Capital Markets earnings growth	13.8%
Revenue growth rate	3.1%
Future return on equity	11.7%
Analyst coverage	Good
Last updated	14 Nov 2024

Recent future growth updates

No updates

Recent updates

State Street: Viewing A Decent Company Through A Low-Growth Lens

Nov 20

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

Sep 19

State Street: Strong Regulatory Capital And Positives Outweigh The Negatives (Rating Upgrade)

Sep 19

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

Sep 05

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

Aug 22

State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 08

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

Jul 22

State Street Looks Interesting Heading Into Q2 Earnings Yielding 3.61%

Jul 15

State Street (NYSE:STT) Has Announced A Dividend Of $0.69

Jun 30

Earnings and Revenue Growth Forecasts

NYSE:STT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	13,669	2,784	N/A	N/A	9
12/31/2025	13,251	2,649	N/A	N/A	11
12/31/2024	12,840	2,426	N/A	N/A	11
9/30/2024	12,548	1,927	-2,604	-1,598	N/A
6/30/2024	12,006	1,643	-4,991	-4,084	N/A
3/31/2024	11,953	1,714	1,844	2,708	N/A
12/31/2023	11,899	1,821	-126	690	N/A
9/30/2023	12,021	2,345	2,853	3,544	N/A
6/30/2023	12,289	2,616	7,023	7,789	N/A
3/31/2023	12,104	2,602	3,728	4,506	N/A
12/31/2022	12,128	2,660	11,220	11,954	N/A
9/30/2022	12,043	2,626	8,360	9,145	N/A
6/30/2022	12,076	2,650	4,294	5,066	N/A
3/31/2022	12,182	2,666	821	1,608	N/A
12/31/2021	12,060	2,572	-7,521	-6,710	N/A
9/30/2021	11,917	2,408	-8,253	-7,561	N/A
6/30/2021	11,709	2,232	-13,816	-13,168	N/A
3/31/2021	11,545	2,166	-4,847	-4,239	N/A
12/31/2020	11,615	2,257	2,972	3,532	N/A
9/30/2020	11,743	2,251	624	1,209	N/A
6/30/2020	11,860	2,262	10,733	11,392	N/A
3/31/2020	11,847	2,137	9,635	10,308	N/A
12/31/2019	11,746	2,009	4,960	5,690	N/A
9/30/2019	11,716	1,913	5,009	5,751	N/A
6/30/2019	11,799	2,093	5,780	6,446	N/A
3/31/2019	11,988	2,253	4,127	4,760	N/A
12/31/2018	12,116	2,404	9,566	10,175	N/A
9/30/2018	11,949	2,342	13,549	14,137	N/A
6/30/2018	11,808	2,263	N/A	6,336	N/A
3/31/2018	11,554	2,150	N/A	8,260	N/A
12/31/2017	11,264	1,972	N/A	6,940	N/A
9/30/2017	10,848	2,216	N/A	1,871	N/A
6/30/2017	10,625	2,094	N/A	1,277	N/A
3/31/2017	10,387	2,095	N/A	2,947	N/A
12/31/2016	10,197	1,968	N/A	2,290	N/A
9/30/2016	10,206	1,958	N/A	5,655	N/A
6/30/2016	10,195	1,990	N/A	8,136	N/A
3/31/2016	10,232	1,794	N/A	1,052	N/A
12/31/2015	10,348	1,848	N/A	-1,403	N/A
9/30/2015	10,416	1,759	N/A	-4,379	N/A
6/30/2015	10,387	1,762	N/A	-5,488	N/A
3/31/2015	10,377	1,975	N/A	-2,070	N/A
12/31/2014	10,264	1,958	N/A	-561	N/A
9/30/2014	10,117	2,045	N/A	-2,413	N/A
6/30/2014	9,962	2,034	N/A	137	N/A
3/31/2014	9,926	2,003	N/A	-500	N/A
12/31/2013	9,858	2,016	N/A	-2,024	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STT's forecast earnings growth (13.5% per year) is above the savings rate (2.6%).

Earnings vs Market: STT's earnings (13.5% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: STT's earnings are forecast to grow, but not significantly.

Revenue vs Market: STT's revenue (3.1% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: STT's revenue (3.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: STT's Return on Equity is forecast to be low in 3 years time (11.7%).

State Street Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

State Street: Viewing A Decent Company Through A Low-Growth Lens

State Street Corporation Names Patricia Halliday to Board of Directors

State Street Corporation Names Patricia Halliday to Board of Directors

Insider recently sold US$1.3m worth of stock

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

State Street Corporation Announces Eric Aboaf Leaves as Chief Financial Officer

State Street Corporation Announces Appointment of Maria Ximena Vasquez Barbosa as Regional Sales Head Latin America & Caribbean

State Street Corporation Appoints Vanessa Fernandes as Head of Digital Assets Solutions

Upcoming dividend of US$0.76 per share

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

State Street: Strong Regulatory Capital And Positives Outweigh The Negatives (Rating Upgrade)

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

Insider recently sold US$1.0m worth of stock

State Street Corporation to Report Q3, 2024 Results on Oct 15, 2024

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

State Street Corporation Appoints Joerg Ambrosius as President of Investment Services

State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

Dividend of US$0.76 announced

State Street Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on October 11, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

State Street Looks Interesting Heading Into Q2 Earnings Yielding 3.61%

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

State Street (NYSE:STT) Has Announced A Dividend Of $0.69

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

First quarter dividend of US$0.69 announced

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

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

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.

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

Insufficient new directors

Upcoming dividend of US$0.69 per share

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.

Fourth quarter dividend of US$0.69 announced

Full year 2023 earnings: EPS misses analyst expectations

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

Now 22% undervalued

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.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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