Is State Street Corporation Stock Outperforming the S&P 500?

Boston, Massachusetts-based State Street Corporation (STT) provides a range of financial products and services to institutional investors. Valued at a market cap of $50.9 billion, it offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset-class investments, recordkeeping, client reporting, and more.

Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” STT fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the asset management industry.