(STT) State Street - Overview

Sector: Financial ServicesIndustry: Asset Management | Exchange NYSE (USA) | Currency USD | Market Cap: 35.098m | Total Return 37.5% in 12m

Stock: Investment Servicing, Data Management, Trading, Investment Management

Total Rating 50

Risk 26

Buy Signal -0.23

Asset Management +7.2
Asset Management & Custody Banks +8.1

Market Cap: 35,098m
Avg Trading Vol: 281M USD

ATR: 2.98%
Peers RS (IBD): 82.3

Risk 5d forecast
Volatility	26.0%
Relative Tail Risk	-0.85%

Reward TTM
Sharpe Ratio	1.11
Alpha	21.64

Character TTM
Beta	1.206
Beta Downside	1.718

Drawdowns 3y
Max DD	25.68%
CAGR/Max DD	0.83

EPS (Earnings per Share)

EPS CAGR: 18.13%
EPS Trend: 75.7%

Last SUE: 2.38
Qual. Beats: 3

Revenue

Rev. CAGR: 17.11%
Rev. Trend: 91.6%

Last SUE: 3.35
Qual. Beats: 3

Description: STT State Street March 05, 2026

State Street Corporation (STT) provides financial services to institutional investors globally. Its core business involves asset servicing, including custody, accounting, and fund administration for diverse asset classes.

The company offers a broad suite of services. This includes back-office operations like recordkeeping and transaction management, as well as analytics for performance, risk, and compliance. Additionally, State Street provides trading services, such as foreign exchange and securities finance. The asset management and custody banking sector is characterized by high operational complexity and stringent regulatory requirements.

State Street also develops and licenses technology platforms like State Street Alpha, which integrates portfolio management, trading, and data aggregation tools. These platforms streamline investment processes for institutional clients. Investment management solutions, spanning various asset classes and product types like ETFs, are also a significant offering. This business model often involves long-term client relationships and recurring revenue streams.

State Street serves a wide range of institutional clients, including mutual funds, pension plans, insurance companies, and wealth managers. Further research on ValueRay can provide detailed financial metrics and competitive analysis.

Headlines to watch out for

Global equity market performance impacts asset servicing fees
Interest rate fluctuations affect net interest income
Regulatory compliance costs pressure profit margins
Competition from fintech firms erodes market share
Foreign exchange volatility influences trading services revenue

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 2.94b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 4.75 > 1.0
NWC/Revenue: -991.3% < 20% (prev -616.3%; Δ -375.0% < -1%)
CFO/TA 0.01 > 3% & CFO 3.31b > Net Income 2.94b
Net Debt (25.37b) to EBITDA (4.29b): 5.92 < 3
Current Ratio: 0.20 > 1.5 & < 3
Outstanding Shares: last quarter (289.0m) vs 12m ago -2.50% < -2%
Gross Margin: 61.36% > 18% (prev 0.58%; Δ 6.08k% > 0.5%)
Asset Turnover: 6.29% > 50% (prev 6.22%; Δ 0.07% > 0%)
Interest Coverage Ratio: 0.43 > 6 (EBITDA TTM 4.29b / Interest Expense TTM 8.68b)

Altman Z'' -3.57

A: -0.61 (Total Current Assets 54.70b - Total Current Liabilities 279.01b) / Total Assets 366.05b
B: 0.09 (Retained Earnings 31.39b / Total Assets 366.05b)
C: 0.01 (EBIT TTM 3.73b / Avg Total Assets 359.64b)
D: 0.09 (Book Value of Equity 30.85b / Total Liabilities 338.21b)
Altman-Z'' Score: -3.57 = D

Beneish M 1.00

DSRI: 8.86 (Receivables 43.25b/4.74b, Revenue 22.63b/21.97b)
GMI: 0.95 (GM 61.36% / 58.45%)
AQI: 1.42 (AQ_t 0.84 / AQ_t-1 0.59)
SGI: 1.03 (Revenue 22.63b / 21.97b)
TATA: -0.00 (NI 2.94b - CFO 3.31b) / TA 366.05b)
Beneish M-Score: 3.67 (Cap -4..+1) = D

What is the price of STT shares?

As of March 28, 2026, the stock is trading at USD 122.52 with a total of 2,365,936 shares traded.
Over the past week, the price has changed by +0.45%, over one month by -4.74%, over three months by -6.35% and over the past year by +37.49%.

Is STT a buy, sell or hold?

State Street has received a consensus analysts rating of 3.69. Therefor, it is recommend to hold STT.

StrongBuy: 4
Buy: 4
Hold: 7
Sell: 1
StrongSell: 0

What are the forecasts/targets for the STT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	144.3	17.8%
Analysts Target Price	144.3	17.8%

STT Fundamental Data Overview March 28, 2026

P/E Trailing = 13.3681
P/E Forward = 10.9051
P/S = 2.5278
P/B = 1.4569
P/EG = 0.9565
Revenue TTM = 22.63b USD
EBIT TTM = 3.73b USD
EBITDA TTM = 4.29b USD
Long Term Debt = 25.14b USD (from longTermDebt, last quarter)
Short Term Debt = 4.66b USD (from shortTermDebt, last quarter)
Debt = 29.80b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 25.37b USD (from netDebt column, last quarter)
Enterprise Value = 14.60b USD (35.10b + Debt 29.80b - CCE 50.30b)
Interest Coverage Ratio = 0.43 (Ebit TTM 3.73b / Interest Expense TTM 8.68b)
EV/FCF = 5.35x (Enterprise Value 14.60b / FCF TTM 2.73b)
FCF Yield = 18.69% (FCF TTM 2.73b / Enterprise Value 14.60b)
FCF Margin = 12.06% (FCF TTM 2.73b / Revenue TTM 22.63b)
Net Margin = 13.01% (Net Income TTM 2.94b / Revenue TTM 22.63b)
Gross Margin = 61.36% ((Revenue TTM 22.63b - Cost of Revenue TTM 8.74b) / Revenue TTM)
Gross Margin QoQ = 65.05% (prev 61.52%)
Tobins Q-Ratio = 0.04 (Enterprise Value 14.60b / Total Assets 366.05b)
Interest Expense / Debt = 6.53% (Interest Expense 1.95b / Debt 29.80b)
Taxrate = 18.63% (171.0m / 918.0m)
NOPAT = 3.04b (EBIT 3.73b * (1 - 18.63%))
Current Ratio = 0.20 (Total Current Assets 54.70b / Total Current Liabilities 279.01b)
Debt / Equity = 1.07 (Debt 29.80b / totalStockholderEquity, last quarter 27.84b)
Debt / EBITDA = 5.92 (Net Debt 25.37b / EBITDA 4.29b)
Debt / FCF = 9.30 (Net Debt 25.37b / FCF TTM 2.73b)
Total Stockholder Equity = 27.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.82% (Net Income 2.94b / Total Assets 366.05b)
RoE = 10.76% (Net Income TTM 2.94b / Total Stockholder Equity 27.37b)
RoCE = 7.10% (EBIT 3.73b / Capital Employed (Equity 27.37b + L.T.Debt 25.14b))
RoIC = 5.26% (NOPAT 3.04b / Invested Capital 57.76b)
WACC = 7.97% (E(35.10b)/V(64.90b) * Re(10.22%) + D(29.80b)/V(64.90b) * Rd(6.53%) * (1-Tc(0.19)))
Discount Rate = 10.22% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.51%
[DCF] Terminal Value 70.84% ; FCFF base≈2.73b ; Y1≈1.79b ; Y5≈819.4m
[DCF] Fair Price = N/A (negative equity: EV 16.35b - Net Debt 25.37b = -9.03b; debt exceeds intrinsic value)
EPS Correlation: 75.67 | EPS CAGR: 18.13% | SUE: 2.38 | # QB: 3
Revenue Correlation: 91.57 | Revenue CAGR: 17.11% | SUE: 3.35 | # QB: 3
EPS next Quarter (2026-06-30): EPS=2.95 | Chg7d=+0.014 | Chg30d=+0.007 | Revisions Net=+1 | Analysts=12
EPS current Year (2026-12-31): EPS=11.65 | Chg7d=+0.000 | Chg30d=+0.031 | Revisions Net=+2 | Growth EPS=+13.1% | Growth Revenue=+5.5%
EPS next Year (2027-12-31): EPS=13.02 | Chg7d=+0.000 | Chg30d=+0.028 | Revisions Net=+3 | Growth EPS=+11.8% | Growth Revenue=+4.3%
[Analyst] Revisions Ratio: +0.20 (3 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.7% (Discount Rate 10.2% - Earnings Yield 7.5%)
[Growth] Growth Spread = +3.3% (Analyst 6.0% - Implied 2.7%)

Additional Sources for STT Stock

Fund Manager Positions: Dataroma | Stockcircle