US-listed companies
STATE STREET CORP

STATE STREET CORPSTT

Market cap

$26.3B

P/E ratio

45.2x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Servicing fees	-	-	-	-	-	-	-	5,421	5,074	5,167	5,549	5,087	4,922
Management fees	-	-	-	-	-	-	-	1,851	1,771	1,880	2,053	1,939	1,876
Foreign exchange trading services	-	-	-	-	-	-	-	1,201	1,111	1,363	1,211	1,376	1,265
Securities finance	-	-	-	-	-	-	-	543	471	356	416	416	426
Software and processing fees	-	-	-	-	-	-	-	289	720	733	783	789	811
Other fee revenue	-	-	-	-	-	-	-	-	44	-	-	-1	180
Total fee revenue	-	-	-	-	-	-	-	9,305	9,147	9,499	10,012	9,606	9,480
Interest income	-	-	-	-	-	-	-	3,662	3,941	2,575	1,908	4,088	9,180
Interest expense	613	476	411	392	400	428	604	991	1,375	375	3	1,544	6,421
Net interest income	2,333	2,538	2,303	2,260	2,088	2,084	2,304	2,671	2,566	2,200	1,905	2,544	2,759
Debt Securities, Available-for-Sale, Realized Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-2	-294
Other income	-	-	-	-	-	-	-	-	43	4	110	-	-
Total other income	-	-	-	-	-	-	-	-	-	-	-	-2	-294
Total revenue	9,594	9,649	9,884	10,295	10,360	10,207	11,170	11,982	11,756	11,703	12,027	12,148	11,945
Provision for credit losses	-	-	-	-	-	-	-	-	-	-	-	20	46
Labor and Related Expense	3,820	3,837	3,800	4,060	4,061	4,353	4,394	4,780	4,541	4,450	4,554	4,428	4,744
Information systems and communications	776	844	935	976	1,022	1,105	1,167	1,324	1,465	1,550	1,661	1,630	1,703
Transaction processing services	732	702	733	784	793	800	838	938	983	978	1,024	971	957
Occupancy	455	470	467	461	444	440	461	500	470	489	444	394	426
Acquisition and restructuring costs	269	225	104	133	25	209	266	24	77	50	65	65	-15
Amortization of Intangible Assets	200	198	214	222	197	207	214	226	236	234	245	238	239
Other	459	591	547	751	1,018	584	589	1,176	1,262	965	896	1,075	1,529
Total expenses	7,058	6,886	7,192	7,827	8,050	8,077	8,269	8,968	9,034	8,716	8,889	8,801	9,583
Income before income tax expense	2,536	2,766	2,686	2,458	2,298	2,120	2,899	2,999	2,712	2,899	3,171	3,327	2,316
Income tax expense	616	705	550	421	318	-22	722	400	470	479	478	553	372
Net income	1,920	2,061	2,136	2,037	1,980	2,143	2,177	2,599	2,242	2,420	2,693	2,774	1,944
Net income available to common shareholders - diluted	-	-	-	-	-	-	-	-	-	-	-	2,660	1,821
Net income available to common shareholders -basic	1,882	2,019	2,102	1,973	1,848	1,968	1,993	2,410	2,009	2,257	2,572	2,660	1,821
Net income available to common shareholders -basic	1,882	2,019	2,102	1,973	1,848	1,968	1,993	2,410	2,009	2,257	2,572	2,660	1,821
Net income available to common shareholders - diluted	-	-	-	-	-	-	-	-	-	-	-	2,660	1,821
Basic (in USD per share)	3.82	4.25	4.71	4.65	4.53	5.03	5.32	6.48	5.43	6.4	7.3	7.28	5.65
Diluted (in USD per share)	3.79	4.2	4.62	4.57	4.47	4.97	5.24	6.4	5.38	6.32	7.19	7.19	5.58
Cash dividends declared (in USD per share)	0.72	0.96	1.04	1.16	1.32	1.44	1.6	1.78	1.98	2.08	2.18	2.4	2.64