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COMPANY BENCHMARKING • UNITED STATES

State Street Corporation - Company Profile

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State Street Corporation - Overview

Brands
State Street
Description
State Street is a public company headquartered in Massachusetts with an estimated 39,000 employees. In the US, the company has a notable market share in at least two industries: Portfolio Management, Custody, Asset & Securities Services and Portfolio Management. Their largest market share is in the Custody, Asset & Securities Services industry, where they account for an estimated 16.5% of total industry revenue.
Company Details

Registered Name: State Street Corporation

Company Type: Operating

Exchange: NYSE

Headquarters: One Lincoln Street Boston MA 02111

Website: http://www.statestreet.com/

Employees: 39000

State Street Corporation - Operating Industries and Main Competitors

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State Street Corporation - Products and Services

  • Portfolio Management in the US

  • Of the 5 core revenue-generating products and services in the Portfolio Management in the US industry, State Street Corporation offers:
    • Solutions products and other (target date products and LDIs)
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State Street Corporation - Analyst Insights

Management and servicing fees increased significantly in 2021, driving revenue growth

In 2021, State Street Corporation (State Street) reported growth of 7.0% in servicing fees and 9.0% in management fees, marking revenue performance for the segments and driving total revenue up 3.0% for the year. This growth stems from increased client activity, higher average equity market levels and net inflows for exchange traded funds (ETFs). Meanwhile, the company improved operational efficiencies, mitigating expenses. This growth follows a decline in 2020 amid the start of the COVID-19 (coronavirus) pandemic and overall economic uncertainty weakening company performance.

Balance Sheet


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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State Street Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on State Street Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Portfolio Management in the US, and Custody, Asset & Securities Services in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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State Street Corporation - Financial Statements & Ratios

pie_chartState Street Corporation Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue12,027.011,703.011,756.012,131.011,266.010,291.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartState Street Corporation Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents109,989.0120,427.072,267.076,252.069,334.072,249.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartState Street Corporation Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net IncomeN/AN/AN/AN/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

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  • Products and Services
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