State Street ( (STT) ) just unveiled an update.
On March 5, 2025, State Street’s executives participated in the RBC Global Financial Institutions Conference, highlighting their strategic growth initiatives and financial performance. The company reported significant revenue and asset growth from 2022 to 2024, driven by a focus on high-growth areas such as ETFs, non-U.S. markets, and wealth distribution channels. This strategic focus has resulted in higher revenues, asset under management growth, and pre-tax margin expansion, positioning State Street for continued growth.
More about State Street
State Street is a prominent player in the global asset management industry, ranking as the fourth largest asset manager with $4.7 trillion in assets under management. The company is also the third largest global index manager and ETF manager, and the fourth largest U.S. retirement manager. State Street Global Advisors is a key contributor to the company’s earnings, with a strong focus on organic asset growth and strategic partnerships.
YTD Price Performance: -5.84%
Average Trading Volume: 2,122,503
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $26.45B
See more insights into STT stock on TipRanks’ Stock Analysis page.