State Street (STT)

Company Profile

at state street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. we are committed to doing what it takes to help you perform better — now and in the future.

Company profile

Ticker

STT, STT-PG, STT-PD

Exchange

NYSE

Website

www.statestreet.com/

CEO

Ronald O'Hanley

Incorporated

Massachusetts

Location

Massachusetts

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • Fifth Third Bancorp • Citizens Financial • Northern Trust • M & T Bank • Associated Banc-Corp. • SVB Financial • Commerce Bancshares • First Citizens Bancshares, Inc • Hancock Whitney ...

Former names

STATE STREET BOSTON CORP

SEC CIK

0000093751

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Antrim Corporation • Charles River Systems, Inc • Currenex, Inc • FX Connect, LLC • International Fund Services (N.A.) LLC • Investors Copley Securities Corporation • Offshore Financial Solutions LTD • Pebble Securities Corporation • Quincy Securities Corporation • SSB Realty, LLC ...

IRS number

42456637

STT stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$71.57

Low target

$64.00

High target

$81.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

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8-K

Regulation FD Disclosure

Prospectus for primary offering

2 Aug 23

FWP

Free writing prospectus

31 Jul 23

FWP

Free writing prospectus

31 Jul 23

424B5

Prospectus supplement for primary offering

28 Jul 23

Strong Flows In Asset Management

Registration of securities for employees

19 May 23

Transcripts

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STT

Earnings call transcript

2023 Q2

14 Jul 23

STT

Earnings call transcript

2023 Q1

17 Apr 23

STT

Earnings call transcript

2022 Q3

19 Oct 22

STT

Earnings call transcript

2022 Q2

15 Jul 22

STT

Earnings call transcript

2022 Q1

14 Apr 22

STT

Earnings call transcript

2022 Q4

20 Jan 22

STT

Earnings call transcript

2021 Q4

19 Jan 22

STT

Earnings call transcript

2021 Q3

18 Oct 21

STT

Earnings call transcript

2021 Q2

16 Jul 21

STT

Earnings call transcript

2021 Q1

16 Apr 21

Latest ownership filings

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Eric W. Aboaf

23 Aug 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

16 Aug 23

13F-HR

Quarterly holdings report by institutional manager

Financial summary

Financial statements Chart STT financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.93 bn	3.93 bn	3.93 bn	3.93 bn	3.93 bn	3.93 bn
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	(no burn)	284.00 mm	(no burn)
Cash used (since last report)	n/a	n/a	n/a	n/a	818.54 mm	n/a
Cash remaining	n/a	n/a	n/a	n/a	3.11 bn	n/a
Runway (months of cash)	n/a	n/a	n/a	n/a	11.0	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

STT institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	2315	2318	-0.1%
Opened positions	207	197	+5.1%
Closed positions	210	239	-12.1%
Increased positions	755	847	-10.9%
Reduced positions	1075	1026	+4.8%

13F shares	Current	Prev Q	Change
Total value	88.32 tn	82.69 tn	+6.8%
Total shares	1.26 bn	1.23 bn	+3.0%
Total puts	305.40 mm	320.88 mm	-4.8%
Total calls	196.03 mm	188.07 mm	+4.2%
Total put/call ratio	1.6	1.7	-8.7%

Largest owners	Shares	Value	Change
JPM JPMorgan Chase & Co.	151.50 mm	$6.18 tn	+32.3%
BAC Bank Of America	145.31 mm	$10.29 tn	-1.7%
WFC Wells Fargo & Co.	73.33 mm	$4.99 tn	+1.9%
BCS Barclays	72.29 mm	$3.72 tn	+247.4%
MS Morgan Stanley	69.96 mm	$5.15 tn	-2.4%
UBS UBS Group AG - Registered Shares	47.29 mm	$3.07 tn	+35.0%
GS Goldman Sachs	33.91 mm	$3.24 tn	-22.4%
LPL Financial	29.09 mm	$2.41 tn	-6.3%
Caisse De Depot Et Placement Du Quebec	20.28 mm	$728.26 bn	+46.7%
AMP Ameriprise Financial	19.08 mm	$1.45 tn	-13.4%

Largest transactions	Shares	Bought/sold	Change
BCS Barclays	72.29 mm	+51.48 mm	+247.4%
JPM JPMorgan Chase & Co.	151.50 mm	+36.97 mm	+32.3%
UBS UBS Group AG - Registered Shares	47.29 mm	+12.25 mm	+35.0%
Varma Mutual Pension Insurance	6.59 mm	-10.51 mm	-61.5%
GS Goldman Sachs	33.91 mm	-9.78 mm	-22.4%
TD Toronto Dominion Bank	10.88 mm	+7.76 mm	+249.0%
National Bank of Canada	7.76 mm	+6.50 mm	+516.7%
Caisse De Depot Et Placement Du Quebec	20.28 mm	+6.46 mm	+46.7%
BMO Bank of Montreal	5.39 mm	+5.39 mm	NEW
Canada Pension Plan Investment Board	7.90 mm	-4.75 mm	-37.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

STT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Aug 23	Eric W. Aboaf	Common Stock	Sell	Dispose S	No	Yes	67.63	2,372	160.42 k	145,974
21 Aug 23	Eric W. Aboaf	Common Stock	Sell	Dispose S	No	Yes	67.01	9,514	637.53 k	148,346
16 Aug 23	Michael L Richards	Common Stock	Sell	Dispose S	No	Yes	69.21	61	4.22 k	32,644
15 Aug 23	Hanley Ronald P O	Common Stock	Sale back to company	Dispose D	No	No	72.06	4,027	290.19 k	247,871
15 Aug 23	Hanley Ronald P O	Common Stock	Option exercise	Acquire M	No	No	0	4,027	0.00	251,898
15 Aug 23	Hanley Ronald P O	Common Stock	Sale back to company	Dispose D	No	No	69.56	2,516	175.01 k	247,871
15 Aug 23	Hanley Ronald P O	Common Stock	Option exercise	Acquire M	No	No	0	2,516	0.00	250,387
15 Aug 23	Hanley Ronald P O	Common Stock	Sale back to company	Dispose D	No	No	69.56	2,581	179.53 k	247,871
15 Aug 23	Hanley Ronald P O	Common Stock	Option exercise	Acquire M	No	No	0	2,581	0.00	250,452
15 Aug 23	Hanley Ronald P O	RSU Common Stock	Option exercise	Dispose M	No	No	0	4,027	0.00	16,110