- Entry
- $181.14
- Now
- $174.19 -3.8%
- Target
- —
- Score
- —
State Street's the custody bank, they hold and administer assets for other institutions. Not exactly a sexy business which might be why it trades at under 16x trailing earnings while a lot of "boring compounder" financials get a much richer multiple. ROE's a respectable 12.4%, margins are fine for the industry, debt load isn't scary. I've been tracking a systematic 2-month signal on this one and it's currently positive, though I'll be honest, the risk adjusted number isn't a blowout …
— ORIGINAL POST ·
State Street at 15.9x earnings is cheap for what it actually does
· r/ValueInvesting
· Sep 17, 2026