Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.
State StreetRaymond James

State Street vs Raymond James

This page compares State Street Corporation and Raymond James Financial, Inc., outlining their business models, financial performance, and market context in clear, neutral terms for readers. It provid...

Why It's Moving

State Street

State Street Powers Up Middle East Growth with Abu Dhabi Hub and Qatar Custody Deal.

  • New Al Ain hub deepens State Street's role in regional market infrastructure, fostering institutional custody and talent development in a key growth zone.
  • QNB alliance introduces an innovative custody servicing model in Qatar, enhancing service offerings for institutional clients across the Gulf.
  • National Pension Service boosted its STT stake, reflecting institutional confidence even as shares hover below analyst targets.
Sentiment:
🐃Bullish
Raymond James

Raymond James Powers Ahead with AI Launch, Key Acquisition, and Talent Grab as Institutions Pile In

  • Mirae Asset Global Investments ramped up its RJF stake, joining Primecap, JPMorgan, and Norges Bank's massive $354M new position, signaling strong institutional conviction in long-term potential.
  • Acquisition of Clark Capital bolsters asset management scale, while Rai AI tool targets workflow efficiencies to drive advisor productivity and client asset growth.
  • Landed a high-profile Merrill Lynch team managing $1B in assets, amplifying advisor headcount and net new assets during a quarter of record client assets.
Sentiment:
🐃Bullish

Investment Analysis

Pros

  • State Street reported strong fee revenue growth of 11% in Q2 2025, supported by record assets under custody/administration and management.
  • The company achieved a pre-tax margin of 26% and a return on tangible common equity of 17%, indicating solid profitability.
  • State Street has strategic advantages through its acquisition of Charles River Development, enhancing its competitive frontline offerings.

Considerations

  • Despite revenue growth, the company faces expense pressures from investments in technology and business capabilities.
  • Shares trade at a high premium relative to Morningstar's fair value estimate, implying valuation risk.
  • Exposure to market volatility creates potential earnings fluctuations in trading and asset management revenues.

Pros

  • Raymond James Financial is a well-established independent investment bank and financial services firm with a $32.8 billion market capitalization.
  • The stock has shown relative stability and consistent trading volumes, suggesting solid investor interest.
  • Diversified financial services operations position the firm for growth across various market conditions.

Considerations

  • The company faces competitive pressures from larger global financial institutions and industry peers.
  • Its valuation metrics suggest limited upside potential compared to some competitors in the sector.
  • Exposure to economic cycles and interest rate fluctuations can increase earnings volatility.

Related Market Insights

The Infrastructure Behind Nigeria's Investment Revolution

Discover the global infrastructure powering Nigeria's digital investment boom. Invest in companies like Visa, MasterCard & BlackRock with Nemo's Global Infrastructure Neme. Start monthly plans from £1.

Author avatar

Aimee Silverwood | Financial Analyst

September 30, 2025

Read Insight

S&P Stock Access: Could Infrastructure Stocks Hedge Risk?

Discover the S&P Stock Access Neme. Invest in essential companies powering global finance, offering recurring revenue & stability. Hedge market risk with infrastructure stocks.

Author avatar

Aimee Silverwood | Financial Analyst

September 26, 2025

Read Insight

The Hidden Giants Powering Nigeria's Financial Revolution

Discover the global infrastructure giants powering Nigeria's financial market modernisation. Invest in Nasdaq, S&P Global & BNY Mellon for diversified emerging market growth via Nemo.

Author avatar

Aimee Silverwood | Financial Analyst

September 18, 2025

Read Insight

When Consumer Confidence Crumbles: Why Smart Money Turns to Banking

Consumer confidence is falling. Discover why smart investors are turning to defensive banking stocks for stability amidst inflation and economic uncertainty. Invest in resilient financial institutions with Nemo.

Author avatar

Aimee Silverwood | Financial Analyst

August 16, 2025

Read Insight

The Digital Vault Keepers: Why Tokenised-Asset Custodians Are the New Banking Elite

Explore tokenised asset custodians like Coinbase, BNY Mellon & State Street. Spot crypto ETFs drive demand for secure digital asset custody in the new blockchain economy. Invest with Nemo.

Author avatar

Aimee Silverwood | Financial Analyst

July 25, 2025

Read Insight

Financial Sector Poised for Breakout After Goldman's Stellar Run

Goldman Sachs' surge signals a financial sector breakout. Discover top banks & investment firms poised for growth. Invest in the rally with fractional shares on Nemo.

Author avatar

Aimee Silverwood | Financial Analyst

July 25, 2025

Read Insight

Banks Unleash Value: Major US Lenders Reward Shareholders After Fed Approval

US banks boost dividends & buybacks after passing Fed stress tests. Discover how major lenders like BAC, JPM, WFC reward shareholders. Invest in banking strength with Nemo.

Author avatar

Aimee Silverwood | Financial Analyst

July 25, 2025

Read Insight

Banking Giants: The Financial Titans Powering Global Commerce

Explore how banking giants like JPM, BAC, WFC power global commerce. Discover dividend income, interest rate advantages, and growth opportunities. Invest with Nemo.

Author avatar

Aimee Silverwood | Financial Analyst

July 25, 2025

Read Insight

State Street (STT) Next Earnings Date

State Street Corporation (STT) plans to release its fourth-quarter and full-year 2025 financial results on January 16, 2026. This report will cover the quarter ending December 2025. The subsequent Q1 2026 earnings, for the quarter ending March 2026, are estimated around mid-April 2026 based on historical patterns.

Raymond James (RJF) Next Earnings Date

Raymond James Financial (RJF) reported its Q1 fiscal 2026 earnings on January 28, 2026, covering the quarter ended December 2025. The next earnings release, for Q2 fiscal 2026 (quarter ended March 2026), is scheduled for April 22, 2026, at approximately 4:15 p.m. ET, followed by a conference call at 5:00 p.m. ET. This aligns with the company's announced fiscal 2026 quarterly schedule.

Which Baskets Do They Appear In?

Monthly Investment Plan (Global Infrastructure Stocks)

Monthly Investment Plan (Global Infrastructure Stocks)

This basket focuses on the global financial infrastructure companies that enable regular investing for individuals. It includes firms providing the platforms, payment rails, and asset management products crucial for growing investor participation in Nigeria and across Africa.

Published: September 30, 2025

Explore Basket
S&P Stock Access: Could Infrastructure Stocks Hedge Risk?

S&P Stock Access: Could Infrastructure Stocks Hedge Risk?

As Nigerians increasingly seek to diversify their investments, gaining exposure to the world's largest economy offers a potential hedge against local market volatility. This basket focuses on the global companies that create, track, and provide access to benchmark indices like the S&P 500.

Published: September 26, 2025

Explore Basket
Lagos Stock Exchange: Beyond Local Trading Systems

Lagos Stock Exchange: Beyond Local Trading Systems

As Nigeria's financial markets continue to modernise and attract global interest, the underlying infrastructure powering this growth presents a unique opportunity. This basket offers exposure to leading US and EU-listed companies that provide the essential technology, data, and services for stock exchanges worldwide.

Published: September 18, 2025

Explore Basket
Defensive Banking Amid Inflation Concerns

Defensive Banking Amid Inflation Concerns

A sharp drop in U.S. consumer sentiment, fueled by rising inflation and trade policy concerns, signals a potential slowdown in consumer spending. This creates an investment opportunity in defensive sectors like banking, which may prove more resilient than consumer-focused industries during periods of economic uncertainty.

Published: August 16, 2025

Explore Basket
Banks Unleash Value

Banks Unleash Value

Major US banks are flexing their financial muscle by increasing dividends and launching buyback programs after acing the Fed's annual stress tests. These moves signal strength and confidence, creating opportunities for investors seeking both income and growth.

Published: July 2, 2025

Explore Basket
Rally in Financials

Rally in Financials

Goldman Sachs' recent outperformance signals a potential wave of growth in the financial sector. This collection features carefully selected financial institutions positioned to benefit from favorable market conditions, easing yields, and renewed investor confidence.

Published: July 1, 2025

Explore Basket
Tokenised-Asset Custodians

Tokenised-Asset Custodians

These carefully selected companies are the trusted guardians of the digital economy, providing secure infrastructure for blockchain-based assets. Rather than speculating on crypto prices, this collection focuses on the essential service providers that make digital finance possible.

Published: June 17, 2025

Explore Basket
Banking & Finance Powerhouses

Banking & Finance Powerhouses

Invest in the cornerstones of the global economy. These carefully selected financial titans form the backbone of worldwide commerce and capital flow, chosen by our analysts for their market dominance and potential to benefit from changing economic conditions.

Published: June 17, 2025

Explore Basket

Buy STT or RJF in Nemo

Nemo Logo Fade
🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Comparisons

State StreetFifth Third

State Street vs Fifth Third

State Street vs Fifth Third

State StreetW. R. Berkley

State Street vs W. R. Berkley

State Street vs W. R. Berkley: stock comparison

State StreetORIX

State Street vs ORIX

State Street vs ORIX

Frequently asked questions