State Street Corp
NYSE:STT

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State Street Corp
NYSE:STT
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Price: 98.17 USD -0.03% Market Closed
Market Cap: 28.8B USD
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State Street Corp
Loan Loss Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

State Street Corp
Loan Loss Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Loan Loss Provision CAGR 3Y CAGR 5Y CAGR 10Y
State Street Corp
NYSE:STT
Loan Loss Provision
-$83m
CAGR 3-Years
N/A
CAGR 5-Years
-41%
CAGR 10-Years
-21%
Ameriprise Financial Inc
NYSE:AMP
Loan Loss Provision
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
KKR & Co Inc
NYSE:KKR
Loan Loss Provision
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
BlackRock Inc
NYSE:BLK
Loan Loss Provision
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Bank of New York Mellon Corp
NYSE:BK
Loan Loss Provision
-$134m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Blackstone Inc
NYSE:BX
Loan Loss Provision
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

State Street Corp
Glance View

Market Cap
28.9B USD
Industry
Financial Services
Economic Moat
None

In the bustling financial hub of Boston, State Street Corporation stands as a stalwart in the world of asset management and custody banking. Established in 1792, this venerable institution has evolved remarkably over the centuries, positioning itself as a critical cog in the global financial machinery. At its core, State Street provides services that allow institutional investors, such as mutual funds, pension funds, and sovereign wealth funds, to efficiently manage and oversee their financial assets. The company specializes in custodian services, overseeing trillions of dollars worth of investor assets by safeguarding and administering financial holdings. This custody service has become an essential function in modern finance, where trust and security are paramount. Beyond its role as a custodian, State Street generates revenue through its Investment Management division, known as State Street Global Advisors. This division leverages its expertise to offer a diverse array of exchange-traded funds (ETFs) and index funds, capturing the modern investor's drive for low-cost, diversified investing solutions. Additionally, State Street enhances its service offering with sophisticated data and analytics technologies through State Street Alpha, designed to optimize its clients' performance and decision-making processes. By integrating cutting-edge technology with traditional custody and asset management functions, State Street ensures its business model remains as dynamic as the global markets it serves, securing its place in the ever-changing landscape of global finance.

STT Intrinsic Value
133.64 USD
Undervaluation 27%
Intrinsic Value
Price

See Also

What is State Street Corp's Loan Loss Provision?
Loan Loss Provision
-83m USD

Based on the financial report for Sep 30, 2024, State Street Corp's Loan Loss Provision amounts to -83m USD.

What is State Street Corp's Loan Loss Provision growth rate?
Loan Loss Provision CAGR 10Y
-21%

Over the last year, the Loan Loss Provision growth was -131%.

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