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State Street Corporation (STT)

Financial Services Dividend payerS&P 500

State Street is a financial giant that acts as the world's professional bookkeeper, looking after trillions of pounds in assets for big institutions.

$193.40

Is State Street Corporation a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: A dominant player in the global financial infrastructure market. Worth weighing: Recent decline in both revenue and earnings growth.

No rating · no target price · nothing for sale here
Price+149.5%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range+65% past year
$193.40
Low $104.64High $193.40
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
15.8now
10.815.2

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
26.8%now
20.0%26.8%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does State Street Corporation do?

Think of State Street as the 'plumbing' of the financial world; they don't manage your personal bank account, but they hold and track the massive investments of pension funds and asset managers. They make their money primarily through fees for keeping these assets safe and helping them trade. It comes down to how much money they can attract from new clients versus the cost of keeping their complex technology systems running smoothly.

On our factor screen it looks strongest on momentum and value, and weakest on growth.

Quick checks
What's strong
  • Value screens high
  • Momentum screens high
What to watch
  • Growth screens low

Does State Street Corporation pay a dividend?

Yes - State Street Corporation currently pays a dividend of about 2.0% a year, which is £20 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →

What do the numbers say about State Street Corporation's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield2.0%£20 a year for every £1,000 invested. The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio30%about 30 in every 100 pounds of profit. The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover3.4×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

Most recent ex-dividend date: 1 Jul 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →

What do State Street Corporation's numbers mean?

P/E
16.52
This shows how much investors are currently paying for every pound of the company's annual profit.
Around the middle of the 131 Financial Services shares we cover
Net margin
23.0%
This tells us that for every pound of revenue the company brings in, about 21 pence remains as actual profit after all expenses are paid.
Around the middle of the 141 Financial Services shares we cover
Return on equity
12.4%
This measures how efficiently the company uses the money invested by its shareholders to generate profit.
Around the middle of the 137 Financial Services shares we cover
Beta
1.4
A number higher than 1 suggests the share price tends to swing more wildly than the wider stock market.

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into State Street Corporation
$2,495+149%

Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has State Street Corporation actually fallen?

−26%

Over the last 2 years of daily prices, State Street Corporation fell as much as −26% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-14%
2023+4%
2024+30%
2025+36%
2026 so far+48%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$51.43B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
2.26M
Day range: The lowest and highest price the shares traded at during the latest day.
$191.00 – $194.52
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$104.64 – $192.51
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
16.5
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
2.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.42

Does the share price tell you if it's cheap or expensive?

One share costs$193.40
Number of shares266 million
So the whole company is worth$51.43bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns State Street Corporation?

Big institutions 98%Public & smaller investors 2%

About 98% of State Street Corporation, or about 98 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 2%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.42
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +6% past week · ▲ +65% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does State Street Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$1.01B$2.02B$3.04B$4.05BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
0.0%
Net margin
23.0%
Return on equity
12.4%

When does State Street Corporation report earnings, and how did recent quarters go?

State Street Corporation is next scheduled to report on about 2026-10-16 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

State Street Corporation: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-16$3.34$3.65Beat +9%
2026-04-17$2.64$2.84Beat +7%
2026-01-16$2.84$2.97Beat +5%
2025-10-17$2.65$2.78Beat +5%
2025-07-15$2.36$2.53Beat +7%
2025-04-17$2.01$2.04Beat +2%

Across the last 6 quarters here, State Street Corporation came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for State Street Corporation?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Market volatility increases trading activity and fee income.
Base
-2% to +2%Steady fee income with no major changes in client assets.
Bear
-5% to -10%A sudden drop in global stock markets reduces the value of assets held.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Expansion into new digital asset services pays off.

The bear case

Major regulatory changes force a complete overhaul of the business model.

What are the pros and cons of State Street Corporation?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • A dominant player in the global financial infrastructure market
  • Strong profit margins despite recent revenue headwinds
  • Provides a steady dividend income for shareholders
The catch3
  • Recent decline in both revenue and earnings growth
  • High sensitivity to market swings due to a high beta
  • Business model is heavily reliant on the health of global financial markets
Key risks3
  • Potential for fee pressure from competitors
  • Technological disruption in the custody and settlement space
  • Regulatory scrutiny regarding capital requirements
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained, multi-year period of falling global asset values
  • A major shift in how institutional assets are held and traded

Common questions about State Street Corporation

Does State Street Corporation pay a dividend?

Yes - State Street Corporation currently pays a dividend of about 2.0% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.

When does State Street Corporation report earnings next?

State Street Corporation is next scheduled to report results on about 2026-10-16. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.