State Street Corp

NYSE STT

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State Street Corp Market Capitalization on June 03, 2024: USD 22.69 B

State Street Corp Market Capitalization is USD 22.69 B on June 03, 2024, a -2.65% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • State Street Corp 52-week high Market Capitalization is USD 24.24 B on December 14, 2023, which is 6.81% above the current Market Capitalization.
  • State Street Corp 52-week low Market Capitalization is USD 19.42 B on October 27, 2023, which is -14.43% below the current Market Capitalization.
  • State Street Corp average Market Capitalization for the last 52 weeks is USD 22.22 B.
NYSE: STT

State Street Corp

CEO Mr. Ronald Philip O'Hanley
IPO Date July 9, 1986
Location United States
Headquarters State Street Financial Center, Boston, MA, United States, 02111
Employees 45,871
Sector Financial Services
Industry Asset management
Description

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds, UCITS, hedge funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

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StockViz Staff

September 19, 2024

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