State Street Corp (N:STT)
Business Focus: Investment Management & Fund Operators
| Sector: Financials | Industry: Investment Management & Fund Operators |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1 Congress Street, Suite 1 BOSTON MA 02114 |
| Tel: | N/A |
| Website: | https://www.statestreet.com |
| IR: | See website |
| Key People | ||
| Ronald P. O'Hanley Chairman of the Board, President, Chief Executive Officer | Bradford Hu Executive Vice President, Chief Risk Officer | Eric W. Aboaf Vice Chairman, Chief Financial Officer |
| Yie-Hsin Hung President, Chief Executive Officer - State Street Global Advisors | Moulay Mostapha Tahiri Chief Operating Officer | Ian W. Appleyard Executive Vice President, Chief Accounting Officer, Global Controller |
| Michael L. Richards Executive Vice President, Chief Administrative Officer | Brian J. Franz Executive Vice President, Chief Information Officer, Head of Enterprise Resiliency | Brenda K. Tsai Executive Vice President, Chief Marketing Officer | Yvette Hollingsworth Clark Executive Vice President, Chief Compliance Officer |
| Business Overview |
| State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors. It operates through two lines of business: Investment Servicing and Investment Management. Its Investment Servicing, through State Street Investment Services, State Street Global Markets, State Street Alpha, and State Street Digital, provides investment services for clients, including mutual funds, collective investment funds and other investment pools. Its products include back-office products, such as custody, accounting, investor services and others. Its Investment Management line of business, through State Street Global Advisors, provides a range of investment management strategies and products for its clients. It offers a breadth of services and solutions, including ESG investing, defined contribution products, Global Fiduciary Solutions, and others. |
| Financial Overview |
| For the three months ended 31 March 2024, State Street Corp interest income increased 43% to $2.89B. Net interest income after loan loss provision decreased 5% to $689M. Net income applicable to common stockholders decreased 20% to $418M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 14% to 1.13%, Net Interest Spread, Total -% decrease of 16% to 0.72%. |
| Employees: | 46,451 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $56,317M as of Mar 31, 2024 |
| Annual revenue (TTM): | $9,748M as of Mar 31, 2024 |
| EBITDA (TTM): | $10,592M as of Mar 31, 2024 |
| Net annual income (TTM): | $1,714M as of Mar 31, 2024 |
| Free cash flow (TTM): | N/A |
| Net Debt Last Fiscal Year: | $31,450M as of Mar 31, 2024 |
| Shares outstanding: | 301,504,470 as of Mar 31, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.