State Street Corp Stock Net Income

STT Stock  USD 98.79  0.02  0.02%   
State Street Corp fundamentals help investors to digest information that contributes to State Street's financial success or failures. It also enables traders to predict the movement of State Stock. The fundamental analysis module provides a way to measure State Street's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to State Street stock.
Last ReportedProjected for Next Year
Net Income1.9 B1.3 B
Net Income Applicable To Common Shares3.1 B1.8 B
Net Income From Continuing Ops2.5 B2.5 B
Net Income Per Share 6.03  6.33 
Net Income Per E B T 0.84  0.54 
At this time, State Street's Net Income From Continuing Ops is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 6.33 in 2024, whereas Net Income is likely to drop slightly above 1.3 B in 2024.
  
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State Street Corp Company Net Income Analysis

State Street's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current State Street Net Income

    
  1.94 B  
Most of State Street's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, State Street Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

State Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for State Street is extremely important. It helps to project a fair market value of State Stock properly, considering its historical fundamentals such as Net Income. Since State Street's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of State Street's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of State Street's interrelated accounts and indicators.

State Net Income Historical Pattern

Today, most investors in State Street Stock are looking for potential investment opportunities by analyzing not only static indicators but also various State Street's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of State Street net income as a starting point in their analysis.
   State Street Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

State Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(2.24 Billion)

At this time, State Street's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, State Street Corp reported net income of 1.94 B. This is 52.18% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net income for all United States stocks is significantly lower than that of the firm.

State Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses State Street's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of State Street could also be used in its relative valuation, which is a method of valuing State Street by comparing valuation metrics of similar companies.
State Street is currently under evaluation in net income category among its peers.

State Street ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, State Street's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to State Street's managers, analysts, and investors.
Environmental
Governance
Social

State Street Institutional Holders

Institutional Holdings refers to the ownership stake in State Street that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of State Street's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing State Street's value.
Shares
Capital Research & Mgmt Co - Division 32024-09-30
5.5 M
Lsv Asset Management2024-09-30
5.3 M
Metropolis Capital Ltd2024-09-30
4.3 M
Amundi2024-06-30
3.8 M
Ameriprise Financial Inc2024-06-30
3.6 M
Northern Trust Corp2024-09-30
3.6 M
Franklin Resources Inc2024-09-30
3.4 M
Goldman Sachs Group Inc2024-06-30
3.4 M
Dimensional Fund Advisors, Inc.2024-09-30
3.1 M
Vanguard Group Inc2024-09-30
37.4 M
Blackrock Inc2024-06-30
24.7 M

State Fundamentals

About State Street Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze State Street Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of State Street using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of State Street Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for State Stock Analysis

When running State Street's price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.