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

Chairman and Chief Executive Officer

President and Chief Operating Officer

Executive Vice President and Chief Financial Officer

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

USD

## Revenue (Q1, 2017) | 2.7 b |

## Net income (Q1, 2017) | 502 m |

## EBIT (Q1, 2017) | 510 m |

## Market capitalization (25-Jul-2017) | 35.8 b |

## Cash (31-Dec-2016) | 1.3 b |

## EV | 45.9 b |

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

- Source: SEC Filings

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 |

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

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 |

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 |

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) |

Y, 2017 | |
---|---|

## EV/EBIT | 90 x |

## EV/CFO | 13.1 x |