Profile Jobs (25)

State Street Corporation

Financial Services advisory analytics asset management investment management

State Street Corporation is a financial holding company, providing a full range of products and services for large pools of investment assets. State Street operates in 3 lines of business, which are Investment Management, Investment Servicing, and Investment Research and Trading.

The State Street Global Advisors division serves as an investment advisor to investment companies globally. They offer investment strategies for clients of every size and investment objective.

The Company's newly formed State Street Alternative Investment Solutions operates under the Investment Servicing business, combines State Street Corporation’s hedge fund, private equity, and alternative risk offerings to provide a complete set of fund accounting, fund administration, and risk services to hedge funds and private equity funds.

Company Growth (employees)

Type

Public

HQ

Boston, US

Founded

1792

Size (employees)

34,817 (est)+5%

Website

statestreet.com

State Street Corporation was founded in 1792 and is headquartered in Boston, US

Key People at State Street Corporation

Joseph Hooley

Joseph Hooley

Chairman and Chief Executive Officer

Michael Rogers

Michael Rogers

President and Chief Operating Officer

Michael Bell

Michael Bell

Executive Vice President and Chief Financial Officer

State Street Corporation Office Locations

State Street Corporation has offices in Boston, Alameda, Irvine, Los Angeles and in 62 other locations

Boston, US (HQ)

1 Lincoln St

London, GB

20 Churchill Pl

Edinburgh, GB

Deutsche Bank House 525 Ferry Rd

Dubai, AE

1703 18 & 17 18 17 Street 12

Xinyi District, TW

Taipei City Hall

Altishofen, CH

3 Kantonsstrasse

State Street Corporation Data and Metrics

State Street Corporation Financial Metrics

State Street Corporation's revenue was reported to be $2.7 b in Q1, 2017

Summary

USD

State Street Corporation's current market capitalization is $35.8 b.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	9.9 b	10.3 b	10.4 b	10.2 b
Revenue growth, %		4%	1%	(2%)
Sales and marketing expense	1.1 b	1.2 b	1.2 b	1.3 b
Operating expense total	7.2 b	7.8 b	8.1 b	8.1 b
Interest expense	411 m	392 m	400 m	428 m
Pre tax profit	2.7 b	2.4 b	2.3 b	2.1 b
Income tax expense	616 m	415 m	318 m	(22 m)
Net Income	2.1 b	2 b	2 b	2.1 b

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	2.6 b	2.6 b	2.6 b	2.6 b	2.6 b	2.5 b	2.6 b	2.6 b	2.7 b
Sales and marketing expense	300 m	316 m	301 m	304 m	287 m	270 m	293 m	368 m	382 m
Operating expense total	300 m	316 m	301 m	304 m	287 m	270 m	293 m	368 m	382 m
EBIT									510 m
EBIT margin, %									19%
Interest expense	89 m	101 m	96 m	94 m	101 m	117 m	99 m	110 m	140 m
Interest income									650 m
Pre tax profit	746 m	688 m	504 m	478 m	652 m	430 m	709 m	636 m	584 m
Income tax expense	124 m	128 m	95 m	56 m	68 m	62 m	92 m	72 m	82 m
Net Income	985 m	1.5 b	409 m	831 m	1.4 b	368 m	987 m	1.6 b	502 m

Source: SEC Filings

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	3.2 b	1.9 b	1.2 b	1.3 b
Accounts Receivable				5.3 m
Inventories		4 m	19.5 m	917 k
Total Assets	243.3 b	274.1 b	245.2 b	242.7 b
Accounts Payable		4.5 m	42.8 m	6.2 m
Total Debt	9.7 b	10 b	11.5 b	11.4 b
Total Equity	20.4 b	21.5 b	21.1 b	21.2 b
Debt to Equity Ratio	0.5 x	0.5 x	0.5 x	0.5 x
Debt to Assets Ratio	0 x	0 x	0 x	0 x
Financial Leverage	11.9 x	12.8 x	11.6 x	11.4 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	2.1 b	2 b	2 b	2.1 b
Accounts Receivable			641 k
Inventories		(32 k)		(2.3 m)
Accounts Payable		(766 k)	3.6 m	832 k
Cash From Operating Activities	(2 b)	(561 m)	(1.4 b)	2.3 b
Capital Expenditures	388 m	427 m	703 m	613 m
Cash From Investing Activities	(14.1 b)	(28.5 b)	25 b	4.2 b
Dividends Paid	(486 m)	(539 m)	(655 m)	(723 m)
Cash From Financing Activities	16.7 b	27.7 b	(24.2 b)	(6.4 b)
Interest Paid	416 m	398 m	385 m	441 m
Income Taxes Paid	406 m	358 m	211 m	371 m
Free Cash Flow	(2.4 b)	(988 m)	(2.1 b)	1.7 b

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	985 m	1.5 b	409 m	831 m	1.4 b	368 m	987 m	1.6 b	502 m
Cash From Operating Activities	446 m	(964 m)	397 m	(4.5 b)	(4.8 b)	2.9 b	5 b	2.3 b	3.5 b
Cash From Investing Activities	(34.5 b)	(23.9 b)	(991 m)	(16.8 b)	29.8 b	8 b	(2.3 b)	(5.6 b)	3.2 b
Dividends Paid	(251 m)	(396 m)	(156 m)	(308 m)	(489 m)	(184 m)	(353 m)	(541 m)	(201 m)
Cash From Financing Activities	37.1 b	25.8 b	1.9 b	22.6 b	(23.2 b)	(8.4 b)	740 m	5.6 b	(5.1 b)

Ratios

State Street Corporation Market Value History

State Street Corporation Job Categories

Market Position of State Street Corporation

Competitors

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State Street Corporation Online and Social Media Presence

State Street Corporation Company Life and Culture

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