State Street Corporation
"Sector" = median of Financial Services across 106 companies
About State Street Corporation
AI-generatedState Street Corporation is a leading financial services holding company headquartered in Boston, Massachusetts. It primarily operates through its subsidiary State Street Bank and Trust Company, providing investment servicing, investment management, and investment research and trading services to institutional investors worldwide. The company is one of the oldest banks in the United States, with a history dating back to 1792.
State Street generates revenue primarily from servicing fees (for custody, accounting, and fund administration), management fees from its asset management arm (State Street Global Advisors), and net interest income from its banking activities. In recent quarters, total revenue has grown steadily, reaching $3.80 billion in Q1 2026. The company also earns trading and brokerage fees. Its cost structure is heavily weighted toward employee compensation and technology investments.
State Street competes in the highly competitive asset management and custody banking sector, alongside firms like BlackRock, BNY Mellon, and J.P. Morgan. It is the third-largest custodian bank globally and a top provider of exchange-traded funds (ETFs) through its SPDR brand. The company differentiates itself through scale, technology, and a focus on passive investing. Its profit margin of 21.17% reflects efficient operations, while a price-to-book ratio of 2.87 indicates a premium valuation relative to book value.
State Street's primary customers are institutional investors, including pension funds, mutual funds, insurance companies, and sovereign wealth funds. It also serves asset managers and financial advisors. Geographically, the majority of its revenue comes from the United States, but it has a significant international presence, particularly in Europe and Asia-Pacific. The company's large cash position of $130.09 billion (mostly client deposits) and manageable debt of $29.21 billion provide financial stability.
An auto-generated descriptive profile based on company data, for informational purposes only.
State Street Corporation (STT) closed at $182.50, down 1.7% in the last 24 hours. The decline occurred despite a broadly positive session for financial stocks, which edged higher in late afternoon trading on Thursday. No company-specific news was released, suggesting the move may be attributed to profit-taking or sector rotation. The stock's performance diverged from the sector's upward trend, indicating potential idiosyncratic pressure.
- •STT fell 1.7% to $182.50, underperforming the broader financial sector which edged higher.
- •No company-specific news or filings were reported in the last 24 hours.
- •The stock's decline occurred despite a positive sector update on Thursday afternoon.
- •Trading volume and volatility were not highlighted in the available news.
Financial highlights
Latest saved period: March 2026 · 2026-03-31
Dividend history
Cash dividends by ex-date, not an investment recommendation.
| Ex-date | Amount | Payment date | Period |
|---|---|---|---|
| Apr 1, 2026 | $0.84 | Apr 13, 2026 | Quarterly |
| Jan 2, 2026 | $0.84 | Jan 12, 2026 | Quarterly |
| Oct 1, 2025 | $0.84 | Oct 14, 2025 | Quarterly |
| Jul 1, 2025 | $0.76 | Jul 11, 2025 | Quarterly |
| Apr 1, 2025 | $0.76 | Apr 11, 2025 | Quarterly |
| Jan 2, 2025 | $0.76 | Jan 13, 2025 | Quarterly |
| Oct 1, 2024 | $0.76 | Oct 11, 2024 | Quarterly |
| Jul 1, 2024 | $0.69 | Jul 11, 2024 | Quarterly |
| Mar 28, 2024 | $0.69 | Apr 11, 2024 | Quarterly |
| Dec 29, 2023 | $0.69 | Jan 12, 2024 | Quarterly |
| Sep 29, 2023 | $0.69 | Oct 12, 2023 | Quarterly |
| Jun 30, 2023 | $0.63 | Jul 13, 2023 | Quarterly |
| Mar 31, 2023 | $0.63 | Apr 13, 2023 | Quarterly |
| Dec 30, 2022 | $0.63 | Jan 13, 2023 | Quarterly |
| Sep 30, 2022 | $0.63 | Oct 13, 2022 | Quarterly |
| Jun 30, 2022 | $0.57 | Jul 11, 2022 | Quarterly |
| Mar 31, 2022 | $0.57 | Apr 11, 2022 | Quarterly |
| Dec 31, 2021 | $0.57 | Jan 13, 2022 | Quarterly |
| Sep 30, 2021 | $0.57 | Oct 12, 2021 | Quarterly |
| Jun 30, 2021 | $0.52 | Jul 12, 2021 | Quarterly |
| Mar 31, 2021 | $0.52 | Apr 12, 2021 | Quarterly |
| Dec 31, 2020 | $0.52 | Jan 19, 2021 | Quarterly |
| Sep 30, 2020 | $0.52 | Oct 15, 2020 | Quarterly |
| Jun 30, 2020 | $0.52 | Jul 16, 2020 | Quarterly |
Revenue
↑ 24.4%Net Income
↑ 10.1%Free Cash Flow
↓ 1152.8%Diluted EPS
↑ 14.7%State Street Corporation (STT) analysis
Wrqti brings State Street Corporation data into one page covering available price, financial statements, valuation ratios, margins, cash-flow metrics, news, and alerts. This page helps you understand the numbers and is not a buy or sell recommendation.
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