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State Street Corporation

STT

Financial Services · 191.36 -0.3% today

Partial group confirmationMarket checked 10 Sept, 15:55 GMT-4

Market read

State Street Corporation's move is spreading beyond its market group.

STT accounts for 36.5% of the group's measured movement across 4.2 effective names. raw member direction is mixed; 0 of 6 SPY-adjusted paths align to the mixed. Capital-flow agreement is 10%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

SPY-adjusted 5m paths
Role in the moveDominant mover#1 of 6 by movement share
Group movement share36.5%Absolute path energy—not portfolio weight
Relative path-0.70%mixed
Effective breadth4.2 / 6balanced
Relative alignment0/6mixed path · 0 counter-moving
Capital-flow agreement10%not yet clean
SEQUENCE READ

BAC, BNY moved materially before STT. STT crossed its material path threshold at 10:30 ET, 25 minutes after the first measured mover. NTRS followed.

EVIDENCE COVERAGE

5 of 6 members in Asset Management are active. 0 of 6 disclosed connections are confirming.

What would change this read
  • At least 4 of 6 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • UCB remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 2 of 6 members or fewer.

Watch this read

Research brief

The story so far

Financial Services · Asset Management

STT accounts for 36.5% of the group's measured movement across 4.2 effective names. raw member direction is mixed; 0 of 6 SPY-adjusted paths align to the mixed. Capital-flow agreement is 10%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 4 of 6 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • UCB remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements73
Verified relationships7
Evidence supporting the case
  • Latest annual revenue changed +7.3% year over year.
  • Operating cash flow covered net income at 4.04x in the latest annual period.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

191.36
6m+51.9%12m+70.8%24m+124.6%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$12.0B+2.8%$7.19+0.2%
2022-12-31$12.1B+1.0%$7.19+3.4%
2023-12-31$11.9B-1.7%$5.58-11.8%
2024-12-31$13.0B+8.8%$8.21-7.5%
2025-12-31$13.9B+7.3%$9.40-4.4%

What management says matters

Persistent and emerging business drivers

Legal and regulatory exposuremixed · 2 filings
The full effects of the Basel III final rule on us and State Street Bank are therefore subject to further evaluation and also to further regulatory guidance, action or rule-making.
10-Q · Apr 29, 2026
Macroeconomic conditionsmixed · 2 filings
As of March 31, 2026, the allowance for credit losses decreased $24 million, compared to December 31, 2025, reflecting provision for credit losses of $16 million in the three months ended March 31, 2026, primarily reflecting provisions for certain commercial…
10-Q · Apr 29, 2026
Tariffs and trade policymixed · 2 filings
For example, as of both March 31, 2026 and December 31, 2025, we held accounts in Russia that were subject to sanctions restrictions, inclusive of $ 1.6 billion, with our subcustodian, and with western European-based clearing agencies, for a total of approxim…
10-Q · Apr 29, 2026
Credit and interest ratesnegative · 1 filings
Average other short-term borrowings decreased to $9.59 billion in 2025 from $11.43 billion in 2024, due to decreased wholesale funding.
10-K · Feb 19, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

191.36-0.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for STT. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for STT. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind STT

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

GLDSPDR Gold SharespartnerNov 25, 2025

State Street Global Advisors Funds Distributors, LLC (“SSGA”) is the marketing agent of the Trust (the “Marketing Agent”).

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

STT is currently a Early Follower in the organic co-movement group Asset Management. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.