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STT

State Street Corp.

$72.6

Earnings Summary

Revenue
$2953Mn
Net Profits
$712Mn
Net Profit Margins
24.11%
PE Ratio
9.3

Highlights

Revenue:

State Street Corp.’s revenue jumped 6.57% since last year same period to $2953Mn in the Q2 2022. On a quarterly growth basis, State Street Corp. has generated -4.15% fall in its revenue since last 3-months.

Net Profits:

State Street Corp.’s net profit fell -6.68% since last year same period to $712Mn in the Q2 2022. On a quarterly growth basis, State Street Corp. has generated 17.88% jump in its net profits since last 3-months.

Net Profit Margins:

State Street Corp.’s net profit margin fell -12.44% since last year same period to 24.11% in the Q2 2022. On a quarterly growth basis, State Street Corp. has generated 22.99% jump in its net profit margins since last 3-months.

PE Ratio:

State Street Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 9.3.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the State Street Corp. post its latest quarter earnings

EPS Estimate Current Quarter
1.78
EPS Estimate Current Year
1.78

Highlights

EPS Estimate Current Quarter:

State Street Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.78 - a 2.89% jump from last quarter’s estimates.

EPS Estimate Current Year:

State Street Corp.’s earning per share (EPS) estimates for the current year stand at 1.78.

Key Ratios

Key ratios of the State Street Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
1.94
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.1
Dividend Per Share (DPS)
2.18

Highlights

Earning Per Share (EPS):

State Street Corp.’s earning per share (EPS) fell -1.52% since last year same period to 1.94 in the Q2 2022. This indicates that the State Street Corp. has generated -1.52% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. State Street Corp.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. State Street Corp.’s return on equity (ROE) stands at 0.1.

Dividend Per Share (DPS):

State Street Corp. declared 2.18 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-27
1.49
1.59
6.71%
2022-07-28
1.73
1.94
12.14%

Company Information

State Street Corporation is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $33.52 trillion in assets under custody and/or administration and $3.05 trillion* in assets under management as of June 30, 2020, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide.

Organisation
State Street Corp.
Headquarters
State Street Financial Center, Boston, MA, United States, 02111
Employees
2020
Industry
Finance
CEO
Ronald O'Hanley