State Street Financial Center
Boston , MA 02111
Boston , MA 02111
News
-
State Street Corp, the financial index manger, reported weaker-than-expected revenue and earnings.
Revenue in the first quarter ending in March 2023 increased 1% to $3.1 billion and net income declined 9% to $549 million from $604 million and diluted earnings per share fell to $1.52 from $1.57 a year ago.
Assets under management declined 10% to $3.6 billion from $4.02 billion a year ago, reflecting lower quarter-end market levels and net outflows.
Apr 17, 2023
Executive/
Director
Links
Price
- Last Close
-
$ 98.56
$ +1.18 1.21 %
Dec 5, 2024
- 52-Week High/Low
- $85.9 - $62.93
- YTD
- 27.2%
- Trading Volume
- 91,912
- Market Cap Full
- $ 30.4B
- Shares Outstanding
-
308.6M
Oct 25, 2023
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | -6% | -11.3% | 2.9% | 2.6% | 4.3% | -5% | 15.3% | -6.3% | -2.5% | -0.3% |
| Q2 | 5.2% | -7.2% | 13.2% | -3.8% | -16.7% | 4% | -2.1% | -29.2% | -3.3% | -0.3% |
| Q3 | -12.3% | 29.8% | 6.9% | -10.4% | 4.4% | 8% | 3% | -1.4% | -8.5% | - |
| Q4 | -0.8% | 12.2% | 1.8% | -25.7% | 33.7% | 22.8% | 9.8% | 27.5% | 17.1% | - |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.7% | -0.2% | 4.8% | -0.4% | - | - | - | - | - | - | - | - |
| 2023 | 17.8% | -2.9% | -14.7% | -4.5% | -5.8% | 7.5% | -1% | -5.1% | -2.6% | -3.5% | 12.7% | 6.4% |
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9% | -14% | 20% | 28% | -34% | 25% | -8% | 28% | -17% | -0% | 27% |
Earnings
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Q1 | 1.17 | 0.98 | 1.21 | 1.62 | 1.18 | 1.62 | 1.37 | 1.57 | 1.52 |
| Q2 | 1.37 | 1.46 | 1.67 | 1.88 | 1.42 | 1.86 | 2.07 | 1.91 | 2.17 |
| Q3 | 1.16 | 1.35 | 1.71 | 1.87 | 1.42 | 1.45 | 1.96 | 1.8 | 1.25 |
| Q4 | 1.21 | 1.48 | 1.83 | 1.03 | 1.73 | 1.39 | 1.79 | 1.91 | - |
| A | 4.9 | 5.3 | 6.4 | 6.4 | 5.4 | 6.3 | 7.2 | 7.2 | 4.94 |
Annual Returns
52 Week
High/Low
Annual
Earnings
Chart
Trading Volume
Dividend +
Dividend +
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Q1 | 0.47 | 0.52 | 0.52 | 0.57 | 0.63 | 0.69 |
| Q2 | 0.47 | 0.52 | 0.52 | 0.57 | 0.63 | 0.69 |
| Q3 | 0.47 | 0.52 | 28.13 | 0.57 | 0.63 | 0.69 |
| Q4 | 0.52 | 0.52 | 0.52 | 0.63 | 0.69 | 0.76 |
| A | 1.93 | 2.08 | 29.69 | 2.34 | 2.58 | 2.83 |
Outstanding Shares
(In Millions) +
Jan 16, 2024
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Mar | - | 378.7 | 354.3 | 351.8 | 366.1 | 344.5 |
| Jun | 365.4 | 373.2 | 352 | 347.8 | 367.1 | 334.3 |
| Sep | 365.8 | 372.6 | 352.4 | 343.5 | 367.6 | 318.6 |
| Dec | 379.5 | 363.6 | 352.8 | 365.6 | 366.9 | 308.6 |
SEC Filings
Financial Ratios
| 2022 | 2021 | 2020 | 2019 | 2018 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Management | ||||||||||||||||||
| Inventory / Stock Turnover | - | - | - | - | - | |||||||||||||
| Fixed Asset Turnover | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||||||||||
| Total Asset Turnover | 0.1 | - | - | 0.1 | 0.1 | |||||||||||||
| Leverage | ||||||||||||||||||
| Debt Ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||||||||||
| Debt – Equity Ratio | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | |||||||||||||
| Interest Coverage | 3.3 | 4.3 | 3.4 | 2.8 | 3.5 | |||||||||||||
| Equity multiplier | 5.8 | 5.7 | 5.7 | 5.4 | 5 | |||||||||||||