Below are the financial statements of State Street, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Fee revenue | — | — | — |
| Servicing fees | 5,016a | 4,922a | 5,087a |
| Management fees | 2,124a | 1,876a | 1,939a |
| Foreign exchange trading services | 1,401a | 1,265a | 1,376a |
| Securities finance | 438a | 426a | 416a |
| Software and processing fees | 888a | 811a | 789a |
| Other fee revenue | 289a | 180a | -1a |
| Total fee revenue | 10,156a | 9,480a | 9,606a |
| Net interest income | — | — | — |
| Interest income | 11,977a | 9,180a | 4,088a |
| Interest expense | -9,054a | -6,421a | -1,544a |
| Net interest income | 2,923a | 2,759a | 2,544a |
| Other income | — | — | — |
| Gains (losses) from sales of available-for-sale securities, net | -79a | -294a | -2a |
| Total other income | -79a | -294a | -2a |
| Total revenue | 13,000a | 11,945a | 12,148a |
| Provision for credit losses | -75a | -46a | -20a |
| Expenses | — | — | — |
| Compensation and employee benefits | -4,697a | -4,744a | -4,428a |
| Information systems and communications | -1,829a | -1,703a | -1,630a |
| Transaction processing services | -998a | -957a | -971a |
| Occupancy | -437a | -426a | -394a |
| Acquisition and restructuring costs | 0a | -15a | -65a |
| Amortization of other intangible assets | -230a | -239a | -238a |
| Other | -1,339a | -1,529a | -1,075a |
| Total expenses | -9,530a | -9,583a | -8,801a |
| Income before income tax expense | 3,395a | 2,316a | 3,327a |
| Income tax expense | -708a | -372a | -553a |
| Net income | 2,687a | 1,944a | 2,774a |
| Net income available to common shareholders | 2,483a | 1,821a | 2,660a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.