STT Q2 2020 Earnings — State Street Corporation Revenue & Financial Results | Market Cap Arena

STTState Street Corporation

$34B

Q2 2020 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.1B-6.6% YoY

Gross Profit

$2.9B94.5% margin

Operating Income

$803M26.3% margin

Net Income

$694M22.7% margin

EPS (Diluted)

$1.86

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$280.2B

Total Liabilities

$255.4B

Stockholders' Equity

$24.9B

Cash & Equivalents

$93.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$3.3B	-6.6%
Gross Profit	$2.9B	$2.9B	+0.5%
Operating Income	$803M	$718M	+11.8%
Net Income	$694M	$587M	+18.2%

Revenue Segments

Investment Servicing

$2.5B84%

Investment Management

$477M16%

Geographic Segments

UNITED STATES

$1.7B57%

Non-US

$1.3B43%