Tomorrow the American company State Street will publish its past quarters results. Over the current book year the total revenue will be 11,99 billion USD (consensus estimates). This is slightly more than 2017's revenue of 11,17 billion USD.
The analysts expect for 2018 a net profit of 2,73 billion USD. For this year the consensus of the result per share is a profit of 7,24 USD. Based on this the price/earnings-ratio is 9,73.
Analysts expect a dividend of 1,78 USD per share. The dividend yield is then 2,53 percent. The average dividend yield of the banks is a low 1 percent.
State Street's market capitalization is around 26,92 billion USD. The State Street stock was the past 12 months quite unstable. Since last January the stock is 32 percent lower. This year the stock price moved between 58 and 114 dollar. Since 2008 the stock price is almost 94 percent higher.
On Wednesday the stock closed at 70,47 USD.ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com
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