Contact Overview

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

Company Profile: State Street Corporation

Domain: [statestreet.com](https://www.statestreet.com)
State Street Corporation is a leading American multinational financial services and bank holding company headquartered at One Congress Street, Boston. It operates primarily through its principal banking entity, State Street Bank and Trust Company, delivering comprehensive financial services targeted at institutional investors.

Financial and Operational Highlights (Fiscal Year 2023 - 2025)

Revenue:

Reported full-year revenue of approximately $23.52 billion for 2023, reflecting a 9% year-over-year growth in total revenue.

Fee revenue increased 7% year-over-year, underlining growth in core service lines despite some market pressures.

As of mid-2025, revenue further expanded, with an expected annual revenue forecast of $21.19 billion for fiscal year 2025.

Assets Under Custody and Management:

$41.8 trillion in assets under custody and/or administration (AUC/A) as of December 31, 2023.

$4.1 trillion in assets under management (AUM) as of December 31, 2023, which grew to approximately $5.1 trillion by June 30, 2025, reflecting a 15% year-over-year increase in AUM.

The company is the world's largest ETF servicer with a rapidly growing ETF marketplace presence valued at $14.7 trillion, with significant revenue contribution from its State Street Alpha® platform and SPDR® ETF products.

Profitability & Earnings:

Earnings per share (EPS) rose to $8.21 in 2024, up from $5.58 in 2023; excluding notable items, EPS grew 13% year-over-year to $8.67.

Fourth quarter 2023 EPS reported at $0.55, or $2.04 excluding notable items.

Net income for the year 2024 is projected at approximately $2.69 billion, showing strong profitability amid industry challenges.

Net interest income (NII) grew 6% year-over-year, contributing to revenue resilience.

Employees:

State Street employed approximately 52,626 staff globally as of the latest reports.

Strategic Positioning and Business Units

State Street provides investment servicing, investment management, and investment research and trading, servicing institutional investors globally across front, middle, and back office functions.

The firm emphasizes product innovation with solutions such as State Street Alpha®, catering to efficiency and transparency in asset servicing and management.

Its investment management division, formerly known as State Street Global Advisors, has been rebranded as State Street Investment Management, continuing to lead in original solution creation and client outcomes.

Relevant Insights for Engagement

Joji George’s affiliation with State Street places him within a globally significant institution holding vast assets and commanding a strong market position in ETF servicing and institutional financial services. The company’s consistent revenue and asset growth, especially in the ETF and investment management sectors, indicate robust business momentum and expansion initiatives.

With escalating assets under management reaching over $5 trillion and revenue surpassing $23 billion annually, offerings that enhance operational efficiency, data integration, or investment management could align with strategic priorities. The firm’s emphasis on digital platforms like State Street Alpha® underlines a focus on technology-driven innovation, which may be pertinent for discussions involving advanced fintech or data solutions.

References

State Street Corporation official website: [statestreet.com](https://www.statestreet.com)

2023 and 2024 Annual Reports and Quarterly Earnings Releases: [investors.statestreet.com](https://investors.statestreet.com/)

LinkedIn profile: [Joji George](https://www.linkedin.com/in/joji-george-70169310/)

Financial data aggregated from SEC filings, press releases, and multiple financial news sources (Wall Street Journal, Reuters, MarketWatch).