STTState Street Corporation

$35B

Q3 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$4.4B+29.3% YoY

Gross Profit

$2.7B61.2% margin

Operating Income

$511M11.6% margin

Net Income

$422M9.6% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

-5.5%

Cash Flow

Operating Cash Flow

$222M

Free Cash Flow

$87M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$284.4B

Total Liabilities

$260.8B

Stockholders' Equity

$23.6B

Cash & Equivalents

$80.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$3.4B	+29.3%
Gross Profit	$2.7B	$3.0B	-9.1%
Operating Income	$511M	$849M	-39.8%
Net Income	$422M	$690M	-38.8%

Revenue Segments

Investment Servicing

$2.5B82%

Investment Management

$526M18%

Geographic Segments

UNITED STATES

$1.6B60%

Non-US

$1.1B40%

STT Q3 2023 Earnings — State Street Corporation Revenue & Financial Results | Market Cap Arena