STT Q2 2021 Earnings — State Street Corporation Revenue & Financial Results | Market Cap Arena

STTState Street Corporation

$35B

Q2 2021 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.0B-2.7% YoY

Gross Profit

$3.0B100.5% margin

Operating Income

$938M31.6% margin

Net Income

$763M25.7% margin

EPS (Diluted)

$2.07

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

-$7.6B

Free Cash Flow

-$7.8B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$326.5B

Total Liabilities

$301.4B

Stockholders' Equity

$25.2B

Cash & Equivalents

$118.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.1B	-2.7%
Gross Profit	$3.0B	$2.9B	+3.5%
Operating Income	$938M	$803M	+16.8%
Net Income	$763M	$694M	+9.9%

Revenue Segments

Investment Servicing

$2.5B82%

Investment Management

$529M18%

Geographic Segments

UNITED STATES

$1.7B57%

Non-US

$1.3B43%