STT Search Earning

State Street Corporation

STT

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

Year	Mar	Jun	Sep	Dec	Annual

2023	1.52	2.17	1.25	-	-
2022	1.57	1.91	1.8	1.91	7.19
2021	1.37	2.07	1.96	1.79	7.19
2020	1.62	1.86	1.45	1.39	6.32
2019	1.18	1.42	1.42	1.73	5.38
2018	1.62	1.88	1.87	1.03	6.39
2017	1.21	1.67	1.71	1.83	6.42
2016	0.98	1.46	1.35	1.48	5.27
2015	1.17	1.37	1.16	1.21	4.91
2014	0.81	1.38	1.26	1.08	4.53
2013	0.98	1.24	1.17	1.04	4.43
2012	0.85	0.98	1.36	1.01	4.2
2011	0.93	1.00	1.10	0.76	3.79
2010	0.99	0.87	1.08	0.15	3.09
2009	1.02	-7.16	0.66	1.16	-4.32
2008	1.35	1.35	1.09	0.51	4.3
2007	0.93	1.07	0.91	0.54	3.45
2006	0.87	0.68	0.83	0.91	3.29
2005	0.67	0.66	0.43	0.74	2.5