STT Q1 2023 Earnings — State Street Corporation Revenue & Financial Results | Market Cap Arena

STTState Street Corporation

$35B

Q1 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$4.4B+41.0% YoY

Gross Profit

$3.1B70.1% margin

Operating Income

$688M15.8% margin

Net Income

$549M12.6% margin

EPS (Diluted)

$1.52

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

-$2.9B

Free Cash Flow

-$3.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$290.8B

Total Liabilities

$266.1B

Stockholders' Equity

$24.8B

Cash & Equivalents

$91.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$3.1B	+41.0%
Gross Profit	$3.1B	$3.1B	-0.8%
Operating Income	$688M	$754M	-8.8%
Net Income	$549M	$604M	-9.1%

Revenue Segments

Investment Servicing

$2.6B84%

Investment Management

$505M16%

Geographic Segments

UNITED STATES

$1.8B59%

Non-US

$1.3B41%