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State Street
STT · NYSECapital Markets / Custody Banking
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Raw inputs
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AI demand
Fundingcapital & assets inRules &oversightthe refereesState Streetthe custodianServiceswhat it sellsMarkets &distributionwhere it changes handsClients &investorswho pays & savesI&SInvestors & shareholdersIDInstitutional depositsFEDFederal ReserveREGRegulatorsSTTState StreetCUSInvestment ServicingSPDRState Street Investment ManagementMKTMarkets & FXALPAlpha / Charles RiverADVAdvisers & ETF platformsEXCExchanges & clearing···Asset managers & fundsBLKBlackRockYOUSavers & retireesGOVGovernments & central banks
Company details
Market cap
$48B
P/E ratio
17×
Div yield
2.2%
EPS (TTM)
$9.90
Assets under custody
$54.5T
Assets under mgmt
$5.6T
Revenue (Q1 ann.)
~$15B
Rev. growth
+16%
In plain English
State Street is the quiet plumbing of global finance: it is the world's second-largest custodian bank, safekeeping and administering tens of trillions of dollars of assets for pension funds, asset managers and ETFs — and through State Street Investment Management (the SPDR brand, including SPY, the original S&P 500 ETF) it is the third of the index-fund 'Big Three' alongside BlackRock and Vanguard. Most savers never see it, yet it sits behind a huge share of the world's retirement money.
In simple terms
What State Street really sells
State Street is the quiet plumbing of global finance: it is the world's second-largest custodian bank, safekeeping and administering tens of trillions of dollars of assets for pension funds, asset managers and ETFs — and through State Street Investment Management (the SPDR brand, including SPY, the original S&P 500 ETF) it is the third of the index-fund 'Big Three' alongside BlackRock and Vanguard. Most savers never see it, yet it sits behind a huge share of the world's retirement money.
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Risk read
Moderate
SteadierMore speculative
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