STATE STREET CORP · Banks

STT

Low riskNext report: Around Jan 15, 2027 (est.)

View price ↗

The short version

A high-quality, profitable business with growing sales.

Going well

Sales up 17% in the latest quarter vs a year ago
Profitable every year for 10 years
Brings in more cash than it spends

Money moves

Insiders sold $2.4M in the last 30 days, all through pre-planned sales
Institutions cut 1.3% from their holdings in the quarter ending June 2026 (594 bought, 492 sold)
Held by Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$169.96+1.3% that day

Company value: $46.7B; Share price times all shares
Price vs profit (P/E): 15.0x; You pay about $15 for each $1 of yearly profit
Price vs sales: 3.1x; Company value is 3.1 times a year of sales
Dividend yield: 1.9%; Yearly dividend as a share of today's price
Cash vs value: 9%; Cash as a share of company value

From STT's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$4.0B+17% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $15.1B, up 12% from the 12 months before. Over 5 years, sales grew about 3.6% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of STT. Starting points are the company's recent numbers.

Sales growth+12% a yearRecently: +12% a yearProfit margin23%Last 12 months: 23.0%P/E at the end15xToday: 15.0x. Many steady companies trade at 12x to 25xShare count change-5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$26.5B

Profit in 5 years$6.1B

Price these guesses point to$430.66+153% vs $169.96 todayAbout +20% a year, before dividends

What today's price needs: with a 23% margin and a 15x P/E, sales could shrink about 7.0% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/5Strong

MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.1%
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.21.1%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$10.8B
PassShare count not growingNot diluting owners. Falling means buybacks.-21.9% in 3 years

Revenue: $13.9B; +7.3% vs prior year
5-year growth: +3.6%/yr; revenue, per year
Free cash flow: $10.8B; 77.8% of revenue

From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Oct 14Before open7:30 am ET

From the press release

Fixed Income, Gold, and EMEA . ◦ Launched new asset allocation ETF with University of California Investments . • Markets: . ◦ Record FX trading client volumes up 31%, average securities on loan up 15% . ◦ Winner of 5 categories in the Euromoney 2026 FX Awards .
Foreign exchange trading services decreased 14% compared to 2Q26, largely reflecting a lower mix of emerging markets revenue.
Software services increased 5% compared to 3Q25 driven by higher Software and data revenue.

The numbers below are the quarter before. The new quarter's full numbers come with the 10-Q. Read the press release ↗

Revenue: $4.0B; +17.4% YoY
EPS: $3.65; vs $2.17
Free cash flow: -$3.0B
Share count: -3.2%; vs a year ago

Insider rating

Last 90 days

44Mixed

Pre-planned sales of $2.4M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

16/ 100

This week: 3
Normal week: 15.0
vs normal: 0.2x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady-1.3%

Institutions cut 1.3% from their holdings. 594 bought, 492 sold. 3 quarters of net selling in a row.

Shares held by institutions251.4M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-4.8%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

Total liabilities $390.1B

Shares outstandingLatest reported

275M

Earnings reports

Last 7

Next reportAround Jan 15, 2027 (est.)Estimated from the same quarter last year

Results filedOct 14
Results filedJul 16
Results filedApr 17
Results filedJan 16
Results filedOct 17, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$2.4M1 insider, 1 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Hanley Ronald P OChairman, CEO and President	Sell	15K	$164.60	$2.4M	216K	Oct 20Filing ↗
-6.3% of their holdings Pre-planned sale (10b5-1) Also Director Filed 2 days after