STATE STREET CORP

10-K & 10-Q Filings

State Street Corporation is a financial services company that provides a range of services to institutional investors worldwide. Its primary role is to aid clients in efficiently performing services associated with the clearing, settlement, and execution of securities transactions and related payments. The company operates in two lines of business: Investment Servicing and Investment Management. Investment Servicing includes custody, accounting, regulatory reporting, investor services, performance and analytics, investment manager and alternative investment manager operations outsourcing, financial data management, foreign exchange, brokerage and other trading services, securities finance, and deposit and short-term investment facilities. Investment Management provides a broad range of investment management strategies and products for clients through State Street Global Advisors. The company's human capital strategy focuses on empowering employees, improving organizational effectiveness, promoting workforce engagement and culture, and attracting and retaining top talent. State Street Corporation's executive offices are located in Boston, Massachusetts, and its website is investors.statestreet.com. Its ticker symbol is STT.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$9594.00
9649.00
9884.00
10295.00
10360.00
10207.00
11170.00
11982.00
11756.00
11703.00
12027.00
12148.00
11945.00
3101.00
3138.00
1.84%1.19%Net Interest Income (+)
$2333.00
2538.00
2303.00
2260.00
2088.00
2084.00
2304.00
2671.00
2566.00
2200.00
1905.00
2544.00
2759.00
766.00
716.00
1.41%-6.53%Interest Expense (-)
$613.00
476.00
411.00
392.00
400.00
428.00
604.00
991.00
1375.00
375.00
3.00
1544.00
6421.00
1261.00
2173.00
21.62%72.32%Non Interest Income (+)
$7194.00
7088.00
7590.00
8031.00
8278.00
8116.00
8905.00
9305.00
9147.00
9499.00
10012.00
9606.00
9186.00
2335.00
2422.00
2.06%3.73%Depreciation & Amortization (-)
$200.00
198.00
214.00
222.00
197.00
207.00
214.00
226.00
236.00
234.00
245.00
238.00
239.00
60.00
60.00
1.50%0.00%Non-recurring Operating Expenses (-)
$
-362.00
Operating Expenses (-)
$7058.00
6886.00
7192.00
7827.00
8050.00
8077.00
8269.00
8968.00
9034.00
8716.00
8889.00
8801.00
9583.00
2369.00
2513.00
2.58%6.08%Operating Income/Loss (+)
$2536.00
2763.00
2692.00
2468.00
2310.00
2130.00
2901.00
3014.00
2722.00
2987.00
3138.00
3347.00
2362.00
732.00
1886.00
-0.59%157.65%Provision for Loan Loss (-)
$
-3.00
6.00
10.00
12.00
10.00
2.00
15.00
10.00
88.00
-33.00
Non-operating Income/Expense (+)
$67.00
23.00
-9.00
4.00
-6.00
7.00
-39.00
Earnings before Tax (+)
$2536.00
2766.00
2686.00
2458.00
2298.00
2120.00
2899.00
2999.00
2712.00
2899.00
3171.00
3327.00
2316.00
688.00
598.00
-0.75%-13.08%Tax Expense (-)
$616.00
705.00
550.00
421.00
318.00
-22.00
722.00
400.00
470.00
479.00
478.00
553.00
372.00
139.00
135.00
-4.12%-2.88%Income/Loss (Continuing Operations) (+)
$1920.00
2061.00
2136.00
2037.00
1980.00
2142.00
2177.00
2599.00
2242.00
2420.00
2693.00
2774.00
1944.00
549.00
463.00
0.10%-15.66%Net Income/Loss (NCI) (-)
$
-1.00
Net Income/Loss (+)
$1920.00
2061.00
2136.00
2037.00
1980.00
2143.00
2177.00
2599.00
2242.00
2420.00
2693.00
2774.00
1944.00
549.00
463.00
0.10%-15.66%Net Income/Loss (Common) (+)
$1882.00
2019.00
2102.00
1973.00
1848.00
1968.00
1993.00
2410.00
2009.00
2257.00
2572.00
2660.00
1821.00
525.00
418.00
-0.27%-20.38%EPS (Basic)
$3.82
4.25
4.71
4.65
4.53
5.03
5.32
6.48
5.43
6.40
7.30
7.28
5.65
1.54
1.38
3.32%-10.39%EPS (Diluted)
$3.79
4.20
4.62
4.57
4.47
4.97
5.24
6.40
5.38
6.32
7.19
7.19
5.58
1.52
1.37
3.28%-9.87%Weighted Avg Shares (Basic)
492.60
474.46
446.25
424.22
407.86
391.49
374.79
371.98
369.91
352.87
352.56
365.21
322.34
341.11
301.99
-3.47%-11.47%Weighted Avg Shares (Diluted)
496.07
481.13
455.15
432.01
413.64
396.09
380.21
376.48
373.67
357.11
357.96
370.11
326.57
345.47
305.94
-3.42%-11.44%Cash
$68124.00
58369.00
73707.00
97768.00
79949.00
74205.00
72575.00
81316.00
73754.00
123533.00
113001.00
115988.00
98404.00
92767.00
136388.00
3.11%47.02%Securities & Long-term Investments
$109863.00
121967.00
112632.00
113074.00
88823.00
81702.00
80361.00
112784.00
121832.00
135780.00
148274.00
137332.00
138139.00
141669.00
140054.00
1.93%-1.14%Property, Plant & Equipment (Net)
$1747.00
1728.00
1860.00
1937.00
1894.00
2062.00
2186.00
2214.00
2282.00
2154.00
2261.00
2315.00
2399.00
2337.00
2479.00
2.68%6.08%Goodwill & Intangibles
$8104.00
8516.00
8396.00
7851.00
7439.00
7564.00
7635.00
9815.00
9586.00
9510.00
9437.00
9039.00
8931.00
9023.00
8840.00
0.81%-2.03%Other Assets
$28989.00
32002.00
46696.00
53489.00
67087.00
77165.00
75668.00
38497.00
38156.00
43729.00
41651.00
36776.00
49385.00
45020.00
50242.00
4.54%11.60%Assets (Total)
$216827.00
222582.00
243291.00
274119.00
245192.00
242698.00
238425.00
244626.00
245610.00
314706.00
314624.00
301450.00
297258.00
290816.00
338003.00
2.66%16.23%Deposits
$157287.00
164181.00
182268.00
209040.00
191627.00
187163.00
184896.00
180360.00
181872.00
239798.00
255035.00
235464.00
220970.00
223631.00
251884.00
2.87%12.63%Accounts Payable
$18017.00
17196.00
19194.00
20237.00
14643.00
16901.00
15606.00
24209.00
24857.00
27503.00
17048.00
22525.00
28123.00
22427.00
26823.00
3.78%19.60%Debt (Current)
$4766.00
4502.00
3780.00
4381.00
1748.00
1585.00
1144.00
3092.00
839.00
685.00
128.00
2097.00
2660.00
8.00
11541.00
-4.74%144162.50%Securities (Liabilities)
$9228.00
8405.00
7972.00
8946.00
4505.00
4400.00
2842.00
1082.00
1102.00
3413.00
3145.00
1177.00
2867.00
7385.00
3576.00
-9.28%-51.58%Debt (Non-current)
$12897.00
11931.00
13479.00
14423.00
13282.00
13015.00
12764.00
14185.00
13348.00
14490.00
13603.00
17093.00
21499.00
16313.00
31287.00
4.35%91.79%Other Liabilities
$
2617.00
Liabilities (Total)
$197429.00
201713.00
222913.00
252646.00
224057.00
221479.00
216108.00
219836.00
221179.00
288506.00
287261.00
276259.00
273459.00
266066.00
313570.00
2.75%17.85%Treasury Stock
$680.00
1902.00
3693.00
5158.00
6457.00
7682.00
9029.00
8715.00
10209.00
10609.00
10009.00
11336.00
15025.00
12524.00
15060.00
29.43%20.25%Retained Earnings
$10176.00
11751.00
13395.00
14882.00
16049.00
17459.00
18856.00
20606.00
21918.00
23442.00
25238.00
27028.00
27957.00
27342.00
28166.00
8.79%3.01%AOCI
$-659.00
360.00
-95.00
-507.00
-1442.00
-2040.00
-1009.00
-1356.00
-876.00
187.00
-1133.00
-3711.00
-2354.00
-3272.00
-2369.00
27.60%Shareholder's Equity
$19398.00
20869.00
20378.00
21473.00
21135.00
21219.00
22317.00
24790.00
24431.00
26200.00
27363.00
25191.00
23799.00
24750.00
24433.00
1.72%-1.28%Liabilities & Equity
$216827.00
222582.00
243291.00
274119.00
245192.00
242698.00
238425.00
244626.00
245610.00
314706.00
314624.00
301450.00
297258.00
290816.00
338003.00
2.66%16.23%Net Income/Loss
$1920.00
2061.00
2136.00
2037.00
1980.00
2143.00
2177.00
2599.00
2242.00
2420.00
2693.00
2774.00
1944.00
549.00
463.00
0.10%-15.66%Depreciation & Amortization
$200.00
198.00
214.00
222.00
197.00
207.00
214.00
226.00
236.00
234.00
245.00
238.00
239.00
60.00
60.00
1.50%0.00%Increase/Decrease in Working Capital
$-104.00
2131.00
5111.00
1619.00
5575.00
-134.00
37.00
-8242.00
214.00
4301.00
7661.00
-8751.00
4695.00
3657.00
-2627.00
-171.83%Adjustments to Reconcile Net Income
$1454.00
-235.00
-4110.00
-2598.00
-3383.00
147.00
4756.00
7858.00
3448.00
1112.00
-9403.00
9180.00
-1254.00
-3411.00
-1307.00
61.68%Net Cash (Operating)
$3374.00
1826.00
-1974.00
-561.00
-1403.00
2290.00
6933.00
10457.00
5690.00
3532.00
-6710.00
11954.00
690.00
-2862.00
-844.00
-12.39%70.51%Capital Expenditure
$512.00
866.00
370.00
427.00
703.00
1050.00
465.00
3204.00
784.00
560.00
1144.00
734.00
877.00
182.00
242.00
4.59%32.97%Net Cash (Investing)
$-53895.00
-4591.00
-14085.00
-28492.00
24995.00
4230.00
48.00
-4496.00
-2626.00
-65534.00
-2172.00
6816.00
12738.00
14312.00
-41352.00
-388.93%Increase/Decrease in Debt
$-9055.00
-2370.00
1196.00
1781.00
-5246.00
-217.00
-1745.00
-278.00
-1140.00
4067.00
-3402.00
2164.00
4676.00
1233.00
984.00
-20.19%Increase/Decrease in Equity
$-126.00
-798.00
-1919.00
-166.00
-774.00
-872.00
-1292.00
1295.00
-2335.00
-1015.00
500.00
-1500.00
-3781.00
-1250.00
362.00
128.96%Interest Expenses
$611.00
516.00
416.00
398.00
385.00
441.00
981.00
1382.00
375.00
37.00
1354.00
6184.00
21.27%Dividends Paid
$295.00
463.00
486.00
539.00
655.00
723.00
768.00
828.00
930.00
889.00
866.00
972.00
970.00
243.00
243.00
10.43%0.00%Net Cash (Financing)
$49403.00
3162.00
16689.00
27688.00
-24240.00
-6413.00
-6188.00
-4471.00
-2974.00
62167.00
9046.00
-18431.00
-13351.00
-11722.00
41562.00
454.56%Cash Taxes Paid
$305.00
-186.00
406.00
358.00
211.00
371.00
549.00
510.00
403.00
559.00
436.00
423.00
75.00
118.00
2.76%57.33%Increase/Decrease in Cash
$-1118.00
397.00
630.00
-1365.00
-648.00
107.00
793.00
1490.00
90.00
165.00
164.00
339.00
77.00
-272.00
-634.00
-133.09%Cash (Beginning)
$3311.00
2193.00
2590.00
3220.00
1855.00
1207.00
1314.00
2107.00
3212.00
3302.00
3467.00
3631.00
3970.00
3970.00
4047.00
1.52%1.94%Cash (Ending)
$2193.00
2590.00
3220.00
1855.00
1207.00
1314.00
2107.00
3597.00
3302.00
3467.00
3631.00
3970.00
4047.00
3698.00
3413.00
5.24%-7.71%NOPAT
$2231.00
2058.76
2285.09
2108.54
2097.90
2152.10
2178.50
2462.25
2210.12
2571.77
2584.82
2908.38
1930.60
652.20
1513.85
-1.20%132.11%Operating Margin %
26.43%
28.64%
27.24%
23.97%
22.30%
20.87%
25.97%
25.15%
23.15%
25.52%
26.09%
27.55%
19.77%
23.61%
60.10%
NOPAT Margin %
23.25%
21.34%
23.12%
20.48%
20.25%
21.08%
19.50%
20.55%
18.80%
21.98%
21.49%
23.94%
16.16%
21.03%
48.24%
Net Margin %
20.01%
21.36%
21.61%
19.79%
19.11%
21.00%
19.49%
21.69%
19.07%
20.68%
22.39%
22.84%
16.27%
17.70%
14.75%
Tax Rate %
12.03%
25.49%
15.12%
14.56%
9.18%
-1.04%
24.91%
18.31%
18.81%
13.90%
17.63%
13.10%
18.26%
10.90%
19.73%
ROA
1.03%
0.92%
0.94%
0.77%
0.86%
0.89%
0.91%
1.01%
0.90%
0.82%
0.82%
0.96%
0.65%
0.22%
0.45%
ROE
11.50%
9.87%
11.21%
9.82%
9.93%
10.14%
9.76%
9.93%
9.05%
9.82%
9.45%
11.55%
8.11%
2.64%
6.20%
Equity Multiplier
11.18
10.67
11.94
12.77
11.60
11.44
10.68
9.87
10.05
12.01
11.50
11.97
12.49
11.75
13.83
Debt/Equity Ratio
9.02
8.65
9.79
10.61
9.78
9.51
8.91
7.97
8.03
9.73
9.82
10.11
10.30
9.70
12.06
Dividend Payout Ratio %
13.22%
22.49%
21.27%
25.56%
31.22%
33.60%
35.25%
33.63%
42.08%
34.57%
33.50%
33.42%
50.24%
37.26%
16.05%
Total Payout
$421.00
1261.00
2405.00
705.00
1429.00
1595.00
2060.00
-467.00
3265.00
1904.00
366.00
2472.00
4751.00
1493.00
-119.00
22.38%-107.97%Payout Ratio %
18.87%
61.25%
105.25%
33.44%
68.12%
74.11%
94.56%
-18.97%
147.73%
74.03%
14.16%
85.00%
246.09%
228.92%
-7.86%