State Street is a financial holding company. Through its subsidiaries, Co. provides a range of financial products and services to institutional investors. Co.'s Investment Servicing line of business performs custody and related functions, such as providing institutional investors with clearing, settlement and payment services. Co.'s Investment Management line of business, through State Street Global Advisors, provides a range of investment management strategies and products for its clients. In addition, Co. provides a range of services and solutions, including environmental, social and governance investing, defined benefit and defined contribution and Global Fiduciary Solutions. We show 58 historical shares outstanding datapoints in our STT shares outstanding history coverage, used to compute STT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing State Street market cap history over the course of time is important for investors
interested in comparing State Street's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of State Street versus a peer is one thing; comparing
State Street market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like State Street can fluctuate over the course of history.
With this page we aim to empower investors researching State Street by allowing them to research the State Street market cap history. |
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Video: The Importance of Market Cap
