State Street Corp.
STT
Market Cap$26.75B
Close$
Earnings Call Q1 2025
April 17, 2025 - AI Summary
Strong Financial Performance: State Street reported Q1 2025 EPS of $2.04, reflecting a 21% year-over-year growth excluding prior period notable items. Fee revenue increased by 6% and total revenue rose by 5%, demonstrating resilience despite market volatility, and achieving year-over-year pre-tax margin expansion to 30%.
Robust New Business Wins: The company generated $182 billion in new asset servicing AUCA wins and $55 million in new servicing fee revenue. State Street is targeting $350 to $400 million in new servicing fee revenue wins for the full year, indicating optimistic sales momentum even amidst market uncertainties.
Continued Attention to Costs and Expenses: State Street managed expenses effectively in Q1, with growth limited to 3% year-over-year (excluding notable items). The firm has a detailed plan to aggressively manage costs in the face of potential revenue fluctuations, with a target of $500 million in productivity savings for 2025.
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$-65.09
166.6% downside
Current Fair Value
166.6% downsideOvervalued by 166.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $26.75 Billion |
|---|---|
| Enterprise Value | $46.94 Billion |
| Dividend Yield | $3.04 (3.16597377678286%) |
| Earnings per Share | $8.33 |
| Beta | 1.44 |
| Outstanding Shares | 288,562,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 9.44 |
|---|---|
| PEG | 24.14 |
| Price to Sales | 1.6 |
| Price to Book Ratio | 1.06 |
| Enterprise Value to Revenue | 2.64 |
| Enterprise Value to EBIT | 28.85 |
| Enterprise Value to Net Income | 16 |
| Total Debt to Enterprise | 0.53 |
| Debt to Equity | 0.93 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About State Street Corp.
2,020 employees
CEO: Ronald O'Hanley State Street Corporation is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $33.52 trillion in assets u...