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.

Type
Public
HQ
Boston, US
Founded
1792
Size (employees)
36,303 (est)
State Street Corporation was founded in 1792 and is headquartered in Boston, US
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Key People/Management 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 London, Edinburgh, Dubai, Zürich and in 60 other locations
Boston, US (HQ)
1 Lincoln St
Alameda, US
1001 Marina Village Pkwy
Atlanta, US
3424 Peachtree Rd NE
Austin, US
1450 816 Congress Ave
Berwyn, US
Cassatt Rd
Boston, US
100 Huntington Ave
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State Street Corporation Financials and Metrics

State Street Corporation Financials

State Street Corporation's revenue was reported to be $11.17 b in FY, 2017
USD

Revenue (Q1, 2018)

3 b

Net income (Q1, 2018)

661 m

EBIT (Q1, 2018)

658 m

Market capitalization (15-Jun-2018)

35.9 b

Closing share price (15-Jun-2018)

98.3

Cash (31-Mar-2018)

2.5 b

EV

44.3 b
State Street Corporation's current market capitalization is $35.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

9.9 b10.3 b10.4 b10.2 b11.2 b

Revenue growth, %

4%1%(2%)

Sales and marketing expense

1.1 b1.2 b1.2 b1.3 b1.6 b

Operating expense total

1.1 b1.2 b1.2 b1.3 b8.3 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

2.4 b2.5 b2.6 b2.6 b2.6 b2.6 b2.6 b2.5 b2.6 b2.6 b2.7 b2.8 b3 b

Sales and marketing expense

276 m292 m300 m316 m301 m304 m287 m270 m293 m368 m382 m397 m472 m

Operating expense total

1.7 b2 b1.9 b1.9 b2.1 b2.1 b2 b2.1 b1.9 b2 b2.1 b2 b2.3 b

EBIT

510 m575 m658 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

3.2 b1.9 b1.2 b1.3 b2.1 b

Accounts Receivable

5.3 m67.2 b

Inventories

4 m19.5 m917 k

PP&E

2.2 b
Quarterly
USDQ1, 2018

Cash

2.5 b

Accounts Receivable

79.4 b

PP&E

2.2 b

Goodwill

6.1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.1 b2 b2 b2.1 b2.2 b

Inventories

(32 k)(2.3 m)

Accounts Payable

(766 k)3.6 m832 k

Cash From Operating Activities

(2 b)(561 m)(1.4 b)2.3 b6.9 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

1.6 b363 m985 m1.5 b409 m831 m1.4 b368 m987 m1.6 b502 m1.1 b661 m

Cash From Operating Activities

(1.1 b)1.9 b446 m(964 m)397 m(4.5 b)(4.8 b)2.9 b5 b2.3 b3.5 b4 b4.8 b

Cash From Investing Activities

11.4 b(14.5 b)(34.5 b)(23.9 b)(991 m)(16.8 b)29.8 b8 b(2.3 b)(5.6 b)3.2 b5 b(9 b)

Dividends Paid

(365 m)(120 m)(251 m)(396 m)(156 m)(308 m)(489 m)(184 m)(353 m)(541 m)(201 m)(379 m)(210 m)
USDY, 2018

EV/EBIT

67.4 x

EV/CFO

9.2 x

Financial Leverage

11.2 x
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State Street Corporation Operating Metrics

State Street Corporation's Assets Under Management was reported to be $2.6t in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Assets Under Custody

$28.19 t$28.49 t$28.65 t$27.27 t$27.51 t$26.94 t$27.79 t$29.18 t$28.77 t$29.83 t$31.04 t

Assets Under Management

$2.45 t$2.44 t$2.37 t$2.20 t$2.25 t$2.30 t$2.30 t$2.45 t$2.47 t$2.56 t$2.61 t

Markets

100 100
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State Street Corporation Revenue Breakdown

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State Street Corporation revenue breakdown by business segment: 13.1% from Investment Management and 86.9% from Investment Servicing

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State Street Corporation Online and Social Media Presence

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State Street Corporation News and Updates

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