Last $74.45 USD
Change Today -0.36 / -0.48%
Volume 3.1M
STT On Other Exchanges
Symbol
Exchange
New York
Mexico
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

state street corp (STT) Key Developments

State Street Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on April 16, 2015

State Street Corporation declared a quarterly cash dividend of $0.30 per share of common stock, payable on April 16, 2015 to common shareholders of record as of April 1, 2015.

State Street Corporation Amends the By-Laws

State Street Corporation announced that on February 19, 2015, its Board of Directors amended the corporation's by-laws to reduce the percentage required for shareholders to call a special meeting. The Board amended the by-laws of its own initiative, following a review of company's governance practices in this area led by the Board's Nominating and Corporate Governance Committee. Other than the reduction in the percentage from 40% to 25%, no other changes were made to the by-laws. The amendment was effective immediately.

State Street Corporation - Shareholder/Analyst Call

State Street Corporation - Shareholder/Analyst Call

Clearwater Advisors LLC's Corporate Clients can Obtain Access to State Street’s FundConnect

State Street and Clearwater Advisors LLC announced that Clearwater Advisors’ corporate clients can obtain access to FundConnect®, State Street’s corporate treasury trading platform. FundConnect is part of State Street’s electronic trading solutions and allows clients to invest in a wide range of institutional money market funds from leading providers through a single, secure interface.

State Street Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

State Street Corporation reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported EPS of $1.24 decreased from $1.26 in the third quarter of 2014 and increased from $1.22 in the fourth quarter of 2013. Net income available to common shareholders was $525 million decreased from $542 million in the third quarter of 2014 and from $545 million in the fourth quarter of 2013. Revenue was $2.63 billion increased from $2.58 billion in the third quarter of 2014 and from $2.46 billion in the fourth quarter of 2013. Net interest revenue was $574 million increased from $570 million in the third quarter of 2014 and decreased from $585 million in the fourth quarter of 2013. Return on average common shareholders equity (ROE) was 10.4% decreased from 10.6% in the third quarter of 2014 and from 10.9% in the fourth quarter of 2013. On non GAAP basis, EPS was $1.37 increased from $1.35 in the third quarter of 2014 and from $1.15 in the fourth quarter of 2013. Net income available to common shareholders was $582 million increased from $581 million in the third quarter of 2014 and from $514 million in the fourth quarter of 2013. Revenue of $2.72 billion increased from $2.68 billion in the third quarter of 2014 and from $2.53 billion in the fourth quarter of 2013. Net interest revenue was $587 million increased from $580 million in the third quarter of 2014 and decreased from $596 million in the fourth quarter of 2013. ROE was 11.6% increased from 11.4% in the third quarter of 2014 and from 10.3% in the fourth quarter of 2013. For the year, EPS was $4.69 increased 1.5% from $4.62 in 2013. Revenue increased 4.2% to $10.3 billion from $9.88 billion in 2013. ROE decreased to 10.1% in 2014 from 10.5% in 2013. On non GAAP basis, EPS was $5.09 increased 12.1% from $4.54 in 2013. Revenue increased 5.87% to $10.64 billion from $10.05 billion in 2013. ROE increased to 10.9% in 2014 from 10.3% in 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
STT:US $74.45 USD -0.36

STT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ameriprise Financial Inc $133.63 USD -1.71
BB&T Corp $38.05 USD -0.36
Discover Financial Services $60.98 USD -0.28
Franklin Resources Inc $53.83 USD -0.69
SunTrust Banks Inc $41.00 USD -0.18
View Industry Companies
 

Industry Analysis

STT

Industry Average

Valuation STT Industry Range
Price/Earnings 16.3x
Price/Sales 3.0x
Price/Book 1.6x
Price/Cash Flow 15.1x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact STATE STREET CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.