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State Street (STT)

(Delayed Data from NYSE)

$92.80 USD

92.80
2,158,886

0.00 (0.00%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $92.77 -0.03 (-0.03%) 7:58 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

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

Top 4% (9 out of 250)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

Swayta Shah headshot

Major Regional Bank Stocks Outlook Rosy on Decent Loan Rise

While lower interest rates pose a major undermining factor, an improving domestic economy, decent loan demand and efforts to digitize operations are likely to aid major regional banks.

Should You Invest in the Invesco S&P 500 Equal Weight Financials ETF (RYF)?

Sector ETF report for RYF

UBS Group (UBS) Fined by MAS Over Bond Price Malpractice

The MAS fines UBS Group (UBS) for deceiving clients over prices of bonds and other structured products.

Synovus (SNV) Stock Down 6% on Q3 Earnings Miss, Costs Rise

Synovus Financial's (SNV) Q3 results reflect rise in expenses, margin contraction and poor credit quality.

Fifth Third (FITB) Q3 Earnings Top Estimates, Revenues Rise

Fifth Third Bancorp's (FITB) third-quarter 2019 results reflect solid fee income growth, partially offset by higher expenses and provisions.

State Street's (STT) Q3 Earnings Beat, Revenues Down Y/Y

State Street's (STT) Q3 earnings reflect successful implementation of cost saving measures and rise in assets balance, while lower revenues pose a concern.

State Street (STT) Beat on Q3 Earnings & Revenue Estimates

Cost savings and improving assets balance support State Street's (STT) Q3 earnings.

Bank Stocks' Q3 Earnings to Watch on Oct 18: CFG, STT & More

Earnings of banks are expected to have been decent in the third quarter amid a tough operating backdrop.

Low Rates, Muted Lending to Mar State Street (STT) Q3 Earnings

Decline in interest rates and soft loan growth are expected to have hurt State Street's (STT) interest income in the third quarter of 2019.

Invesco Slashes 1,300 Jobs to Achieve Cost Savings Target

Job cuts are part of Invesco's (IVZ) strategy to sustain profitability amid changing investor preference and lower interest rates.

Higher Expenses and Risky Loans to Affect Comerica (CMA)

Comerica's (CMA) financials might be hurt due to persistently increasing costs and exposure to risky loan portfolios.

    Lazard's Asset Management Arm Mulls to Lay Off 60 Employees

    Amid a tough operating environment and changing client preference, Lazard (LAZ) might cut jobs to maintain profitability.

      Two Bank of Montreal Units to Pay $38M to Settle SEC Charges

      Two advisory units of Bank of Montreal (BMO) agree to pay $38 million to settle the SEC's charges that they disproportionately invested clients' assets in in-house funds.

        State Street (STT) Hikes Dividend by 11% to Cheer Investors

        State Street's (STT) dividend hike announcement is part of its 2019 capital plan. The approval of the plan by the Federal Reserve reflects the company's strong balance sheet position.

        BofA (BAC) Under CFPB Investigation for Unauthorized Accounts

        The CFPB is investigating Bank of America (BAC) to find if it opened unauthorized customer accounts back in 2014.

          Raymond James Fined $15M for Charging Fee on Inactive Accounts

          Raymond James (RJF) agrees to pay $15 million for wrongfully charging fees from clients on inactive retail accounts.

          State Street Cuts Jobs Amid Challenging Operating Backdrop

          Amid tough operating environment and lower interest rates, State Street is cutting jobs to maintain profitability.

          Sanghamitra Saha headshot

          Dirt-Cheap Fees: Boon or Bane for ETF Issuers?

          A volley of low-cost ETFs and mutual funds cut back on issuers' profitability despite towering stock market.

          Company News For Jul 22, 2019

          Companies in the news are: CHWY, BLK, ALV and STT

          State Street (STT) Q2 Earnings Beat, Revenues & Costs Down

          Lower expenses (driven by cost saving efforts) support State Street's (STT) Q2 earnings. However, decline in revenues act as a headwind.

          State Street (STT) Beat on Q2 Earnings & Revenue Estimates

          Decline in operating expenses support State Street's (STT) Q2 earnings.

          Rates, Muted Fee Income to Mar State Street (STT) Q2 Earnings

          Low rates, disappointing fee income performance and modest rise in expenses are likely to hamper State Street's (STT) Q2 earnings.

          Analysts Estimate State Street (STT) to Report a Decline in Earnings: What to Look Out for

          State Street (STT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

          Swarup Gupta headshot

          Weak Data Could Hasten Rate Cut: Can Banks Cope?

          Banks, which have emerged creditably from stress tests, are expected to feel the pinch since lower rates weigh on net interest margins.

          Nitish Marwah headshot

          3 Mutual Funds to Benefit From Stress Test Results

          Fed conducts a review of these banks under hypothetically created financial crises and recessions.