---
title: State Street (STT) — bank health card
canonical: https://sweetvaluelab.com/tools/banks/stt
ticker: STT
tier: Custody & trust
as_of: 2026-10-16
---
# State Street (STT) — bank health

State Street, Custody & trust, trades at 2.33× tangible book against a 18.6% return on tangible common equity, a 5% premium to the return-driven theory line. Prices as of Oct 16, 2026; trailing-twelve-month figures through Sep 30, 2026.

## The card

| Figure | STT | Custody & trust average (2) |
| --- | ---: | ---: |
| Price | $165.72 |  |
| P/TBV | 2.33× |  |
| Tangible book per share | $71.08 |  |
| P/E | 13.5 |  |
| EPS (TTM) | $12.24 |  |
| Dividend per share (TTM) | $3.44 |  |
| Dividend yield | 2.1% |  |
| Payout | 28.1% |  |
| ROTCE | 18.6% | 22.3% |
| ROA | 0.91% |  |
| Efficiency ratio | 69.8% | 63.2% |
| Net interest income share | 21.7% | 26.3% |
| Credit cost | 0.13% | -0.26% |
| AOCI / TCE | -8.2% | -13.5% |
| CET1 | 10.8% |  |
| CET1 requirement | 8.0% |  |
| Total assets | $403.3B |  |
| Leverage (assets / TCE) | 20.3× |  |
| P/TBV at 9% / 10% / 11% ROTCE (theory) | 2.59× / 2.22× / 1.95× |  |

## Lights

No light is on.

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Source: https://sweetvaluelab.com/tools/banks/stt (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.