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State Street (STT)

(Real Time Quote from BATS)

$84.19 USD

84.19
441,925

-0.30 (-0.36%)

Updated Jul 22, 2024 12:30 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 12% (31 out of 250)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

State Street (STT) to Acquire Brown Brothers' Unit for $3.5B

State Street (STT) signs agreement to buy the investor services arm of Brown Brothers Harriman for $3.5 billion in cash, propelling a $5-trillion-plus boost to its assets under custody.

Wells Fargo's (WFC) Slow Remedial Moves Might Prompt Sanctions

Well Fargo's (WFC) slow pace of restitution efforts might attract regulators' wrath in the form of additional sanctions or penalties.

Citigroup's (C) $343M Madoff Case Reinstated by U.S. Court

A U.S. appeals court has given a go-ahead to the trustee liquidating Bernard Madoff's firm to pursue a $343.1-million lawsuit against Citi (C), potentially helping the victims to recover their losses.

Deutsche Bank's (DB) DWS Scrutinized Over Sustainability Claims

U.S. authorities probe Deutsche Bank's (DB) unit, DWS Group, over overstating the use of sustainable investing criteria to manage its assets.

U.S. Bancorp's (USB) Arm Launches Fleet Card With Mastercard

U.S. Bancorp's (USB) primary subsidiary, U.S. Bank, collaborates with Mastercard for U.S. Bank Voyager Mastercard. It will also be available on the Voyager network and might see transaction growth.

U.S. Bancorp (USB) Grows Digital Payment Ability, Buys Bento

U.S. Bancorp's (USB) agreement to acquire Bento Technologies will combine accounts receivable and payable software by respective companies to offer a comprehensive payments and banking platform.

Sallie Mae (SLM) Tops Q2 Earnings Estimates, Ups '21 Outlook

A decline in expenses and provisions drives Sallie Mae's (SLM) Q2 results. However, lower interest income on a decline in average loan outstanding balance has been a spoilsport.

Texas Capital (TCBI) Q2 Earnings Top Estimates, Revenues Dip

Decreases in charge-offs, recapture of provisions and declining costs drive Texas Capital's (TCBI) Q2 earnings.

Northern Trust (NTRS) Q2 Earnings Top Estimates, NII Dips Y/Y

Northern Trust (NTRS) Q2 results reflect fee income strength and a fall in provisions. However, lower margin and higher expenses have been spoilsports.

Signature Bank (SBNY) Rises 3.4% as Q2 Earnings Top Estimates

Improvement in revenues and lower provisions support Signature Bank's (SBNY) Q2 earnings, while a rise in expenses plays spoilsport.

Comerica (CMA) Q2 Earnings Top Estimates on Reserve Release

Comerica's (CMA) Q2 results reflect fee income strength and lower provisions. However, lower loan balance and higher expenses have been spoilsports.

State Street Corporation (STT) Beats Q2 Earnings and Revenue Estimates

State Street Corporation (STT) delivered earnings and revenue surprises of 10.67% and 3.37%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

State Street (STT) Q2 Earnings Beat, Revenues & Expenses Rise

State Street (STT) records a rise in revenues and higher expenses in the second quarter of 2021.

Is a Beat in Store for State Street (STT) in Q2 Earnings?

State Street's (STT) Q2 earnings are likely to have been affected by lower interest rates and dismal fee income growth.

State Street Corporation (STT) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

State Street Corporation (STT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Citigroup (C) Shares down on Soft Q2 Trading Revenue Outlook

Moderation in trading activities is likely to hinder markets revenues for Citigroup (C) in Q2. Higher technology investments might also inflate expenses.

Swayta Shah headshot

Banks Provide Q2 View as Capital Markets Business Normalizes

As operating backdrop normalizes, major banks like JPMorgan (JPM), State Street (STT), Morgan Stanley (MS), Wells Fargo (WFC), Citi (C), Bank of America (BAC) & Goldman (GS) see their businesses reverting back to pre-pandemic levels.

State Street (STT) Agrees to Pay a Criminal Penalty of $115M

State Street (STT) enters a deferred prosecution agreement and agrees to pay $115 million criminal fine to settle charges that it deceived customers by overcharging them for back-office expenses.

Here's Why it is Best to Hold State Street (STT) Stock for Now

While State Street's (STT) global reach, efforts to upgrade operations technologically and strong balance sheet will keep aiding growth, elevated costs will likely hurt profits.

    Northern Trust (NTRS) Q1 Earnings Beat on Fee Income Strength

    Northern Trust's (NTRS) Q1 results reflect higher fee income and credit provision, partly muted by fall in net interest income and escalating expenses.

    State Street (STT) Q1 Earnings Beat on Higher Fee Income

    Increase in fee income and provision benefits support State Street's (STT) Q1 earnings amid lower interest rates.

    State Street Corporation (STT) Beats Q1 Earnings and Revenue Estimates

    State Street Corporation (STT) delivered earnings and revenue surprises of 9.70% and 2.35%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

    Will Fee Income Growth Bolster Citizen's (CFG) Q1 Earnings?

    Citizen's (CFG) Q1 earnings are likely to have been favorably impacted by non-interest income, amid a low-rate economy.

    Truist Financial (TFC) Q1 Earnings Top, Revenues Lag Estimates

    Robust results from the insurance business and investment banking support Truist Financial's (TFC) Q1 earnings amid low rates and weak loan demand.

    What's in the Cards for State Street's (STT) Q1 Earnings?

    Near-zero interest rates and lower fee revenues are likely to have hurt State Street's (STT) Q1 earnings.