State Street Corporation

NYSE:STT Stock Report

Market Cap: US$29.5b

State Street Past Earnings Performance

Past criteria checks 1/6

State Street's earnings have been declining at an average annual rate of -0.9%, while the Capital Markets industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 0.9% per year. State Street's return on equity is 8.2%, and it has net margins of 15.4%.

Key information

-0.9%

Earnings growth rate

1.7%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate0.9%
Return on equity8.2%
Net Margin15.4%
Next Earnings Update17 Jan 2025

Recent past performance 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

Revenue & Expenses Breakdown

How State Street makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:STT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,5481,9276,9480
30 Jun 2412,0061,6436,8330
31 Mar 2411,9531,7146,8010
31 Dec 2311,8991,8216,8120
30 Sep 2312,0212,3456,6980
30 Jun 2312,2892,6166,6320
31 Mar 2312,1042,6026,5270
31 Dec 2212,1282,6606,4730
30 Sep 2212,0432,6266,6710
30 Jun 2212,0762,6506,6800
31 Mar 2212,1822,6666,7150
31 Dec 2112,0602,5726,7350
30 Sep 2111,9172,4086,5340
30 Jun 2111,7092,2326,5450
31 Mar 2111,5452,1666,5020
31 Dec 2011,6152,2576,4330
30 Sep 2011,7432,2516,4080
30 Jun 2011,8602,2626,4230
31 Mar 2011,8472,1376,4660
31 Dec 1911,7462,0096,4800
30 Sep 1911,7161,9136,4620
30 Jun 1911,7992,0936,5120
31 Mar 1911,9882,2536,4430
31 Dec 1812,1162,4046,4190
30 Sep 1811,9492,3426,1310
30 Jun 1811,8082,2636,0690
31 Mar 1811,5542,1506,1420
31 Dec 1711,2641,9726,0890
30 Sep 1710,8482,2166,6430
30 Jun 1710,6252,0946,5540
31 Mar 1710,3872,0956,4110
31 Dec 1610,1971,9685,9500
30 Sep 1610,2061,9585,8980
30 Jun 1610,1951,9905,9600
31 Mar 1610,2321,7945,9860
31 Dec 1510,3481,8486,0090
30 Sep 1510,4161,7595,9730
30 Jun 1510,3871,7625,8240
31 Mar 1510,3771,9755,7950
31 Dec 1410,2641,9585,8530
30 Sep 1410,1172,0455,7990
30 Jun 149,9622,0345,7130
31 Mar 149,9262,0035,6140
31 Dec 139,8582,0165,5830

Quality Earnings: STT has high quality earnings.

Growing Profit Margin: STT's current net profit margins (15.4%) are lower than last year (19.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: STT's earnings have declined by 0.9% per year over the past 5 years.

Accelerating Growth: STT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: STT had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the Capital Markets industry average (13.3%).

Return on Equity

High ROE: STT's Return on Equity (8.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 01:10
End of Day Share Price 2024/12/17 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

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 .

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