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State Street Corporation (STT)

(Delayed Data from NYSE)

$65.40 USD

65.40
2,536,466

+2.06 (3.25%)

Updated Oct 21, 2019 03:56 PM ET

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3-Hold     3    

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
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.50%
17.69%
9.28%
4.86%
1.63%
10.50%

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B Value | F Growth | D Momentum | D VGM

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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The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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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 News

Zacks Equity Research

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.

KEY BBT BK STT

Zacks Equity Research

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

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

STT

Zacks Equity Research

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.

STT ABCB IBKC CFG

Zacks Equity Research

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.

STT ONB ZION BX

Zacks Equity Research

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.

STT SCHW IVZ LAZ

Zacks Equity Research

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.

CMA STT ABCB GBCI

Zacks Equity Research

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.

STT HSBC SCHW LAZ

Zacks Equity Research

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.

STT WFC DB BMO

Zacks Equity Research

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.

PNC STT BAC JPM

Zacks Equity Research

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.

STT WFC BAC DB

Zacks Equity Research

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.

WFC STT DB RJF

Zacks Equity Research

State Street Cuts Jobs Amid Challenging Operating Backdrop

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

C STT BCS SCHW

Sanghamitra Saha

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.

STT LM BLK BEN TROW KCE

Zacks Equity Research

Company News For Jul 22, 2019

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

STT ALV BLK CHWY

Zacks Equity Research

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.

STI BBT BK STT

Zacks Equity Research

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

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

STT

Zacks Equity Research

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.

BBT STT MTB AMTD

Zacks Equity Research

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.

STT

Swarup Gupta

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.

BK C BAC STT JPM PNC ADP

Nitish Marwah

3 Mutual Funds to Benefit From Stress Test Results

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

STT BAC PNC BK CS FSRBX PRISX FRBAX

Zacks Equity Research

Credit Suisse Receives Conditional Non-Objection From Fed

The Federal Reserve orders Credit Suisse (CS) to address certain concerns by Oct 27, 2019 to get approval for increasing payouts.

STT CS MS GS

Zacks Equity Research

State Street Agrees to Pay $94.3M for Overcharging Customers

State Street (STT) agrees upon another settlement to resolve legal issues, with the payment of $94.3 million to the regulators.

STT MTB BKU FBIZ

Sweta Killa

Sector ETFs & Stocks to Buy or Avoid Post Fed Meeting

We have highlighted ETFs & stocks from sectors that will benefit from lower rates and some that will be badly impacted.

BEP STT SNE PEZ KRE SCHH XLU VDC RGI PPC ASTE HST

Zacks Equity Research

State Street Lowers Revenue Outlook for 2Q19 on Rate Cut

Given the chances of a Fed rate cut early next month, State Street (STT) reduces revenue expectation for the second quarter of 2019.

C BAC STT MS

Zacks Equity Research

Elevated Expenses to Hurt State Street (STT): Time to Sell?

Elevated expenses are likely to hamper State Street's (STT) financials.

STT CNS BLK BEN