State Street Corporation

NYSE:STT Stock Report

Market Cap: US$28.8b

State Street Management

Management criteria checks 4/4

State Street's CEO is Ron O’Hanley, appointed in Jan 2019, has a tenure of 5.92 years. total yearly compensation is $13.45M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $35.81M. The average tenure of the management team and the board of directors is 2.1 years and 6.8 years respectively.

Key information

Ron O’Hanley

Chief executive officer

US$13.4m

Total compensation

CEO salary percentage8.5%
CEO tenure5.9yrs
CEO ownership0.1%
Management average tenure2.1yrs
Board average tenure6.8yrs

Recent management 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 (NYSE:STT) Is Increasing Its Dividend To $0.76

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) Is Increasing Its Dividend To $0.76

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

Aug 22
State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

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

Aug 08
State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Jul 22
State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

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

CEO Compensation Analysis

How has Ron O’Hanley's remuneration changed compared to State Street's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$13mUS$1m

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$18mUS$1m

US$3b

Sep 30 2022n/an/a

US$3b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$14mUS$1m

US$3b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$2b

Mar 31 2021n/an/a

US$2b

Dec 31 2020US$9mUS$950k

US$2b

Sep 30 2020n/an/a

US$2b

Jun 30 2020n/an/a

US$2b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$9mUS$800k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$8mUS$800k

US$2b

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$10mUS$800k

US$2b

Compensation vs Market: Ron's total compensation ($USD13.45M) is about average for companies of similar size in the US market ($USD12.88M).

Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.


CEO

Ron O’Hanley (67 yo)

5.9yrs

Tenure

US$13,449,164

Compensation

Mr. Ronald Philip O’Hanley, also known as Ron, has been an Independent Director of Unum Group since February 26, 2015. He serves as Chairman at State Street Corporation since January 01, 2020 and serves a...


Leadership Team

NamePositionTenureCompensationOwnership
Ronald O’Hanley
CEO, President & Chairman5.9yrsUS$13.45m0.12%
$ 35.8m
Eric Aboaf
CFO & Vice Chairman7.8yrsUS$7.89m0.044%
$ 12.8m
Wei Chung Bradford Hu
Executive VP & Chief Risk Officer2.9yrsUS$5.41m0.0017%
$ 486.5k
Yie-Hsin Hung
President & CEO of State Street Global Advisors2yrsUS$13.19m0.027%
$ 7.7m
Mostapha Tahiri
Executive VP & COOless than a yearno data0.013%
$ 3.7m
Pankaj Vaish
Executive VP & Global Chief Investment Officer and Treasury1.2yrsno datano data
Elizabeth Schaefer
Senior VPless than a yearno data0.0022%
$ 633.3k
Andrew Zitney
Executive VP & CTO for Global Technology Services3.2yrsno datano data
Brian Franz
Executive VP4.9yrsno data0.027%
$ 7.7m
Sarah Timby
Executive VP & Chief Administrative Officerless than a yearno data0.0051%
$ 1.5m
Elizabeth Lynn
Executive VP & Global Head of Investor Relationsless than a yearno datano data
Yvette Clark
Executive VP & Global Chief Compliance Officer2.2yrsno datano data

2.1yrs

Average Tenure

59.5yo

Average Age

Experienced Management: STT's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald O’Hanley
CEO, President & Chairman5.9yrsUS$13.45m0.12%
$ 35.8m
Gregory Summe
Independent Director23.9yrsUS$332.44k0.038%
$ 10.9m
Julio Portalatin
Independent Director3.8yrsUS$355.64k0.0039%
$ 1.1m
Siloo Mathew
Independent Director6.8yrsUS$350.04k0.0069%
$ 2.0m
William Meaney
Independent Director6.8yrsUS$360.64k0.0074%
$ 2.1m
Sean O'Sullivan
Independent Director7.6yrsUS$350.04k0.0079%
$ 2.3m
Patrick de Saint-Aignan
Independent Director15.8yrsUS$375.94k0.014%
$ 3.9m
Amelia Fawcett
Independent Lead Director18yrsUS$449.80k0.020%
$ 5.7m
Marie Chandoha
Independent Director5.3yrsUS$379.64k0.0057%
$ 1.6m
William Freda
Independent Director10yrsUS$395.94k0.010%
$ 2.9m
DonnaLee DeMaio
Independent Director2.8yrsUS$335.64k0.0030%
$ 863.6k
John Rhea
Independent Director3.8yrsUS$315.12k0.0061%
$ 1.8m

6.8yrs

Average Tenure

67.5yo

Average Age

Experienced Board: STT's board of directors are considered experienced (6.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

State Street Corporation is covered by 41 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
Ishan MajumdarBaptista Research
Jason GoldbergBarclays