AllAnalyst Report
logoMorningstarJanuary 20, 2021

State Street Corporation: State Street Finishes Year With No Big Surprises

Symbols
STT
Sector(s)
Financial Services
Rating
Premium
Current Price
$79.42
Fair Value
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Economic Moat
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Stewardship
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Summary

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $36 trillion in assets under custody and administration and $3.1 trillion assets under management as of Sept. 30, 2020, State Street operates globally in more than 100 geographic markets and employs more than 38,000 worldwide.

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Analyst Profile

Rajiv Bhatia

Equity Analyst
Rajiv Bhatia is an equity analyst on the financials team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. His areas of focus include custody banks, credit bureaus, and life insurers.Before joining Morningstar in 2019, Bhatia spent four years analyzing financial technology stocks for clients at Raymond James.Bhatia holds a bachelor's degree in applied mathematics and economics from Northwestern University as well as a master's degree in finance from Washington University in Saint Louis. He also holds the Chartered Financial Analyst® designation.