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State Street Corp

Financial Services US STT

99.315USD
0.04(0.05%)

Last update at 2024-12-26T18:47:00Z

Day Range

98.4199.53
LowHigh

52 Week Range

62.7892.18
LowHigh

Fundamentals

  • Previous Close 99.27
  • Market Cap23865.88M
  • Volume284847
  • P/E Ratio11.24
  • Dividend Yield3.58%
  • Revenue TTM12021.00M
  • Revenue Per Share TTM35.82
  • Gross Profit TTM 12128.00M
  • Diluted EPS TTM6.88

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 3327.00M 3171.00M 2899.00M 2852.00M 2999.00M
Minority interest - - - - 0.00000M
Net income 2774.00M 2693.00M 2420.00M 2382.00M 2599.00M
Selling general administrative 4428.00M 4554.00M 4450.00M 4541.00M 4780.00M
Selling and marketing expenses 99.00M 73.00M 77.00M 114.00M 115.00M
Gross profit 11754.00M 11583.00M 11214.00M 11286.00M 11482.00M
Reconciled depreciation 238.00M 245.00M 1510.00M 1337.00M 1203.00M
Ebit 4757.00M 3171.00M 2899.00M 2852.00M 4967.00M
Ebitda 4995.00M 3416.00M 3133.00M 3088.00M 5193.00M
Depreciation and amortization 238.00M 245.00M 234.00M 236.00M 226.00M
Non operating income net other - - - - -
Operating income 4757.00M 3171.00M 2899.00M 2852.00M 3990.00M
Other operating expenses 8801.00M -8856.00000M -8804.00000M 4585.00M 9997.00M
Interest expense 1544.00M 3.00M 375.00M 1375.00M 991.00M
Tax provision 553.00M 478.00M 479.00M 470.00M 400.00M
Interest income 4088.00M 1908.00M 2575.00M 3941.00M 3662.00M
Net interest income 2544.00M 1905.00M 2200.00M 2566.00M 2671.00M
Extraordinary items - - - - 32.00M
Non recurring - - - - -
Other items - - - - -
Income tax expense 553.00M 478.00M 479.00M 470.00M 400.00M
Total revenue 12148.00M 12027.00M 11703.00M 11756.00M 11982.00M
Total operating expenses 8801.00M -8856.00000M -8804.00000M 4585.00M 9997.00M
Cost of revenue 394.00M 444.00M 489.00M 470.00M 500.00M
Total other income expense net -1430.00000M -3.00000M -375.00000M -1375.00000M -991.00000M
Discontinued operations - - - - -
Net income from continuing ops 2774.00M 2693.00M 2420.00M 2242.00M 2599.00M
Net income applicable to common shares 2660.00M 2572.00M 2257.00M 2009.00M 2410.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 301450.00M 314624.00M 314706.00M 245610.00M 244626.00M
Intangible assets 1544.00M 1816.00M 1827.00M 2030.00M 2369.00M
Earning assets - 225957.00M 232157.00M 190885.00M 191065.00M
Other current assets 4283.00M 56204.00M 47137.00M -47970.00000M -75455.00000M
Total liab 276259.00M 287261.00M 288506.00M 221039.00M 219836.00M
Total stockholder equity 25191.00M 27363.00M 26200.00M 24571.00M 24790.00M
Deferred long term liab - - - - -
Other current liab 3327.00M -128.00000M -3987.00000M -839.00000M 205674.00M
Common stock 504.00M 504.00M 504.00M 504.00M 504.00M
Capital stock 2480.00M 2480.00M 2975.00M 3466.00M 4194.00M
Retained earnings 27028.00M 25238.00M 23442.00M 22058.00M 20606.00M
Other liab 172.00M 19.00M 22.00M 98.00M 123.00M
Good will 7495.00M 7621.00M 7683.00M 7556.00M 7446.00M
Other assets 144487.60M -327.00000M 8370.00M 7918.00M 51948.00M
Cash 105563.00M 109989.00M 120427.00M 72267.00M 76637.00M
Cash and equivalents - - - - -
Total current liabilities 5424.00M 128.00M 3987.00M 839.00M 208766.00M
Current deferred revenue - - - - -
Net debt -88470.00000M -96386.00000M -102635.00000M -58919.00000M -62452.00000M
Short term debt 2097.00M 128.00M 3987.00M 839.00M 3092.00M
Short long term debt 2097.00M 128.00M 3987.00M 839.00M 3092.00M
Short long term debt total 17093.00M 13603.00M 17792.00M 13348.00M 14185.00M
Other stockholder equity -606.00000M 778.00M -404.00000M -77.00000M 1346.00M
Property plant equipment 2315.00M 2261.00M 2154.00M 2282.00M 2214.00M
Total current assets 105029.40M 186666.00M 182580.00M 129313.00M 51948.00M
Long term investments 105929.00M 116587.00M 111897.00M 99742.00M 116847.00M
Net tangible assets 14176.00M 15950.00M 14219.00M 11883.00M 11285.00M
Short term investments 40579.00M 73399.00M 59048.00M 53815.00M 45148.00M
Net receivables 3434.00M 3278.00M 3105.00M 3231.00M 3203.00M
Long term debt 14996.00M 13475.00M 13805.00M 12373.00M 10903.00M
Inventory - 766.00M - - 1003.00M
Accounts payable 22525.00M 255035.00M 27503.00M 24857.00M 24209.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -3711.00000M -1133.00000M 187.00M -876.00000M -1356.00000M
Additional paid in capital - - - - -
Common stock total equity 504.00M 504.00M 504.00M 504.00M 504.00M
Preferred stock total equity 1976.00M 1976.00M 2471.00M 2962.00M 3690.00M
Retained earnings total equity 27028.00M 25238.00M 23442.00M 21918.00M 20606.00M
Treasury stock -11336.00000M -10009.00000M -10609.00000M -10209.00000M -8715.00000M
Accumulated amortization - - - - -
Non currrent assets other -65350.00000M -128285.00000M -123756.00000M -108379.00000M 89815.00M
Deferred long term asset charges - - - - -
Non current assets total 51933.00M 128285.00M 123756.00M 108379.00M 192678.00M
Capital lease obligations 176.00M 164.00M 103.00M 136.00M 190.00M
Long term debt total 14996.00M 13475.00M 13805.00M 12468.00M 11093.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 9702.00M -4662.00000M -61432.00000M -5754.00000M 70.00M
Change to liabilities 557.00M -574.00000M -170.00000M 294.00M 397.00M
Total cashflows from investing activities 6816.00M -2172.00000M -65534.00000M -2626.00000M -4496.00000M
Net borrowings 2164.00M -3402.00000M 4067.00M -1140.00000M -278.00000M
Total cash from financing activities -18431.00000M 9046.00M 62167.00M -2974.00000M -4471.00000M
Change to operating activities 7674.00M -10993.00000M -875.00000M 1902.00M 5862.00M
Net income 2774.00M 2693.00M 2420.00M 2242.00M 2599.00M
Change in cash 339.00M 164.00M 165.00M 90.00M 1490.00M
Begin period cash flow 3631.00M 3467.00M 3302.00M 3212.00M 2107.00M
End period cash flow 3970.00M 3631.00M 3467.00M 3302.00M 3597.00M
Total cash from operating activities 11954.00M -6710.00000M 3532.00M 5690.00M 10457.00M
Issuance of capital stock 0.00000M 1900.00M 0.00000M 0.00000M 1645.00M
Depreciation 1156.00M 1557.00M 1510.00M 1337.00M 1203.00M
Other cashflows from investing activities -2152.00000M 3301.00M -3542.00000M 3858.00M -3957.00000M
Dividends paid -972.00000M -866.00000M -889.00000M -930.00000M 828.00M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -1623.00000M -1439.00000M -1093.00000M -2416.00000M -474.00000M
Other cashflows from financing activities -14269.00000M 14753.00M 66027.00M 774.00M -2858.00000M
Change to netincome 486.00M 206.00M 350.00M 237.00M 482.00M
Capital expenditures 734.00M 811.00M 560.00M 730.00M 609.00M
Change receivables -156.00000M -173.00000M 127.00M -28.00000M 26.00M
Cash flows other operating 8055.00M -9107.00000M 571.00M 2709.00M 6727.00M
Exchange rate changes - - - - -
Cash and cash equivalents changes 339.00M 164.00M 165.00M 90.00M 1490.00M
Change in working capital 7626.00M -11109.00000M -649.00000M 1820.00M 6406.00M
Stock based compensation - -90.00000M 84.00M 1.00M -6.00000M
Other non cash items 460.00M 401.00M 361.00M 420.00M 400.00M
Free cash flow 11220.00M -7521.00000M 2972.00M 4960.00M 9848.00M

Peer Comparison

Sector: Financial Services Industry: Asset Management

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
STT
State Street Corp
0.04 0.05% 99.31 11.24 9.91 1.97 1.08
BX
Blackstone Group Inc
1.04 0.59% 176.73 63.48 31.95 20.18 20.26 16.48
BLK
BlackRock Inc
-1.23 0.12% 1053.60 34.48 22.47 6.68 3.04 6.82 15.82
APO
Apollo Global Management LLC Class A
-0.25 0.14% 174.60 18.23 20.92 3.08 6.11 2.73 14.76
KKR
KKR & Co LP
-0.52 0.34% 152.06 29.90 16.84 4.76 3.56 2.50 4.66

Reports Covered

Stock Research & News

Profile

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

State Street Corp

State Street Financial Center, Boston, MA, United States, 02111

Key Executives

Name Title Year Born
Mr. Ronald Philip O'Hanley Chairman & CEO 1957
Mr. Eric Walter Aboaf CFO & Vice Chairman 1964
Mr. Louis D. Maiuri Pres & Head of Investment Services 1965
Mr. Andrew J. Erickson Exec. VP, Chief Productivity Officer & Head of International Bus. 1970
Mr. Francisco Alberto Aristeguieta Silva Exec. VP & Sr. Advisor 1965
Mr. Aunoy Banerjee Exec. VP, Head of Corp. Services & Investments 1979
Mr. Ian William Appleyard Exec. VP, Global Controller & Chief Accounting Officer 1965
Mr. Andrew Zitney Exec. VP & Chief Technology Officer for Global Technology Services NA
Mr. Brian J. Franz Exec. VP, Chief Information Officer & Head of Enterprise Resiliency 1965
Mr. Michael L. Richards Exec. VP & Chief Admin. Officer 1959

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