STT US8574771031

Report

Delayed Nyse - 04:02:50 2023-03-24 pm EDT
71.65	USD		-1.43%

03/24	RBC Cuts Price Target on State Street to $80 From $85, Maintains Sector Perform Rating	MT
03/22	State Street to Acquire CF Global Trading for Undisclosed Sum	MT
03/22	State Street Further Expands Outsourced Trading Capabilities	BU

Company

Business Summary

State Street Corporation is a financial holding company organized around 2 areas of activity:

- investment services (83.1% of net sales): services intended mainly to mutual funds, collective investment funds, corporate and public retirement plans, insurance companies and foundations. The group provides services including custody, daily pricing, record keeping and administration, shareholder services, foreign exchange, brokerage and other trading services, securities finance, loan and lease financing, investment manager and hedge fund manager operations outsourcing, performance, risk and compliance analytics;

- investment management (16.9%). State Street Corporation offers, primarily to institutional investors, investment management and investment research services for managing financial assets, including passive and active United States and non-United States equity and fixed-income.

The United States accounts for 55.1% of net sales.

Number of employees : 42 226 people.

Sales per Business

	2021		2022		Delta
Investment Servicing	9 797.00	81.5%	10 139.00	83.5%	+3.49%
Investment Management	2 119.00	17.6%	1 986.00	16.3%	-6.28%
Other	111.00	0.9%	23.00	0.2%	-79.28%
USD in Million

Sales per region

	2021		2022		Delta
United States	6 656.00	55.3%	6 978.00	57.4%	+4.84%
Non-United States	5 371.00	44.7%	5 170.00	42.6%	-3.74%
USD in Million

Managers

Name	Title	Age	Since
Ronald O'Hanley	Chairman & Chief Executive Officer	65	2022
Louis Maiuri	President, COO & Head-Investment Services	57	-
Eric Aboaf	Vice Chairman-Management Board & CFO	65	2022
Brian Franz	Chief Information Officer & Executive VP	56	2020
Andrew Zitney	Chief Technology Officer & Executive VP	-	-
Yvette Hollingsworth Clark	Chief Compliance Officer & Executive VP	-	2022
Michael Richards	Chief Administrative Officer & Executive VP	63	2020
Ilene Fiszel Bieler	Executive VP & Global Head-Investor Relations	-	-
John Slyconish	Treasurer & Executive Vice President	-	-
David C. Phelan	Secretary, Executive VP & General Counsel	64	-

Members of the board

Name	Title	Age	Since
Ronald O'Hanley	Chairman & Chief Executive Officer	65	2022
Richard P. Sergel	Independent Director	72	2011
Gregory L. Summe	Independent Director	66	2011
Amelia Fawcett	Lead Independent Director	65	2019
Patrick de Saint-Aignan	Independent Director	73	2011
William Craig Freda	Independent Director	69	2015
Sean O'Sullivan	Independent Director	66	2017
Sara Mathew	Independent Director	66	2018
William Meaney	Independent Director	61	2018
Marie Anastasia Chandoha	Independent Director	60	2019

Equities

	Vote	Quantity	Free-Float		Company-owned shares		Total Float
Stock A	1	499,334,086	343,286,202	68.7%	154,855,475	31.0%	68.7%
Stock B	0	7,500	0	0.0%	0	0.0%
Stock C	0	2,500	0	0.0%	0	0.0%
Stock D	0	5,000	0	0.0%	0	0.0%

Shareholders

Name	Equities	%
The Vanguard Group, Inc.	33,080,908	9.60%
Dodge & Cox	21,943,754	6.37%
SSgA Funds Management, Inc.	18,769,238	5.45%
Barrow, Hanley, Mewhinney & Strauss LLC	8,589,632	2.49%
BlackRock Fund Advisors	7,878,978	2.29%
Longview Partners LLP	7,675,724	2.23%
T. Rowe Price Associates, Inc. (Investment Management)	7,649,336	2.22%
Geode Capital Management LLC	7,517,455	2.18%
Capital Research & Management Co. (International Investors)	7,311,511	2.12%
Invesco Advisers, Inc.	7,300,434	2.12%

Name	Equities	%
BlackRock Fund Advisors	2,230,778	7.44%
Invesco Capital Management LLC	2,089,607	6.97%
Global X Management Co. LLC	1,108,714	3.70%
Mid-Continent Capital LLC	581,250	1.94%
SSgA Funds Management, Inc.	465,489	1.55%
Spectrum Asset Management, Inc.	418,777	1.40%
FBL Investment Management Services, Inc.	310,000	1.03%
BlackRock Financial Management, Inc.	220,495	0.73%
Advisors Asset Management, Inc.	113,373	0.38%
Bartlett & Co. Wealth Management LLC	101,197	0.34%

Name	Equities	%
BlackRock Fund Advisors	1,487,230	7.44%
Invesco Capital Management LLC	1,405,722	7.03%
PGIM, Inc.	690,000	3.45%
Global X Management Co. LLC	563,088	2.82%
SSgA Funds Management, Inc.	310,466	1.55%
JPMorgan Investment Management, Inc.	184,975	0.92%
First Eagle Investment Management LLC	134,479	0.67%
Penserra Capital Management LLC	97,028	0.49%
Robert W. Baird & Co., Inc. (Fixed Income)	95,000	0.48%
PGIM Quantitative Solutions LLC	95,000	0.48%

Markets and indexes

- Main Market

- S&P 500 /

Company contact information

State Street Corporation
1 Street Lincoln
Box 5501
MA 02111 Boston, Massachusetts

Phone : +1 617 786 3000
Fax :
web site : https://www.statestreet.com/

Brand Portfolio

In partnership with

Allbrands.markets

More brands of State Street Corporation

Analysis

S&P says not seen rampant deposit outflows to merit rating action

STATE STREET CORPORATION