Contact and Company Overview

Name: Joji George
Company: State Street Corporation
LinkedIn: [https://www.linkedin.com/in/joji-george-70169310/](https://www.linkedin.com/in/joji-george-70169310/)
Company Domain: [www.statestreet.com](https://www.statestreet.com)

Company Financial and Operational Profile

State Street Corporation (NYSE: STT) is a leading global financial services firm primarily serving institutional investors. The company operates a diversified set of financial products including custody, accounting, fund administration, investment servicing, and risk management services primarily through State Street Bank.

Revenue

Most recent trailing twelve months (TTM) revenue: Approximately $13.34 billion (as of mid-2025).

2024 full-year revenue reported at $13.0 billion, reflecting a 9% increase year-over-year, with a 6% growth when excluding notable items.

Quarterly revenues have shown consistent growth, with Q2 2025 revenue reaching $3.4 billion, up 8% overall and 9% excluding notable items.

Other sources report historical fluctuations and higher revenue estimates at times, such as $18.7 billion to $21.6 billion in various years; however, the most consistent and recent official filings converge on revenues in the $13.0-$13.4 billion range for 2024-2025.

Profitability

Net income was reported at approximately $2.69 billion for 2024, with quarterly earnings per share (EPS) around $2.46 (Q4 2024) and adjusted EPS excluding notable items of $2.60.

Profit margins are supported by robust fee revenue growth (7% increase in 2024) and net interest income rising 6%.

State Street’s 2024 earnings showed strong performance against expectations, driven by fee growth and management of assets.

Assets and Assets Under Management

As of June 30, 2025:

Assets under custody and/or administration: Approximately $49.0 trillion, rising from $46.6 trillion at the end of 2024.

Assets under management (AUM): Approximately $5.1 trillion, an increase from $4.7 trillion at end-2024.

Total assets on the balance sheet stand at roughly $353 billion, with total equity near $25.33 billion.

Market Position and Business Scope

State Street is currently recognized as the world’s largest ETF servicer and the third-largest ETF sponsor globally, benefiting from a surging ETF marketplace valued at $14.7 trillion as of early 2025.

The company continues to expand product offerings including strategic partnerships in digital asset custody and private credit ETFs, reflecting a progressive positioning in asset servicing innovation and capital markets solutions.

It maintains broad investor service capabilities, covering front, middle, and back-office investment services globally.

Stock Market and Valuation Metrics

Stock price has appreciated approximately 33% over the past year, with a dividend yield near 3.4% and a forward Price-to-Earnings (P/E) multiple of approximately 10.8x 2024 earnings.

Recent earnings beats and fee revenue growth have contributed to positive analyst sentiment and a stable financial outlook.

State Street raised its dividend payout by 10% in 2024, signaling shareholder confidence and sustainable cash flow.

Key Implications for Engagement

Joji George’s affiliation with State Street Corporation implicates engagement with a well-capitalized, revenue-stable financial institution that is actively expanding its asset servicing footprint, especially in ETFs and digital assets. Understanding the company's strong financial performance, significant assets under custody, and ongoing strategic partnerships could be critical in conversations around solutions tailored to large institutional asset managers or innovations in financial technology and asset servicing.

The company’s current growth trajectory, with notable increases in revenue, fees, and assets under management, suggests a focus on scalable, technology-driven platforms and comprehensive investor services. Highlighting value propositions in operational efficiency, risk management, or digital transformation would align with State Street’s strategic priorities reflected in its public financial disclosures.

Summary of Key Data Points

| Metric | Value | Date/Period |
|-----------------------------------|---------------------------------|---------------------------------|
| Company Website | www.statestreet.com | Current |
| TTM Revenue | $13.34 billion | Mid-2025 |
| Full-Year 2024 Revenue | $13.0 billion | Full year 2024 |
| Net Income 2024 | $2.69 billion | Full year 2024 |
| Assets Under Custody (AUC) | $49.0 trillion | June 30, 2025 |
| Assets Under Management (AUM) | $5.1 trillion | June 30, 2025 |
| Total Assets (Balance Sheet) | $353 billion | 2024 |
| Total Equity | $25.33 billion | 2024 |
| Q2 2025 Revenue | $3.4 billion | Q2 2025 |
| Dividend Yield | 3.4% | 2024-2025 |
| EPS (Q4 2024) | $2.46 (reported), $2.60 adj. | Q4 2024 |

This profile consolidates all relevant financial, operational, and strategic data pertaining to Joji George's employer, State Street Corporation, providing a detailed foundation to understand the company’s size, scope, and recent performance trends.