Contact 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
State Street Corporation operates primarily under the domain: www.statestreet.com
The company is headquartered at:
One Congress Street, Boston, Massachusetts, 02114, United States
Main phone line: (617) 786-3000
Company Profile and Business Scope
State Street Corporation is a leading global financial holding company primarily conducting business through its principal banking entity, State Street Bank and Trust Company. The firm delivers a comprehensive suite of financial services targeted at institutional investors, including custody, accounting, fund administration, and investment servicing solutions.
Key markets include custody, asset servicing, securities servicing, and investment management, particularly emphasizing Exchange-Traded Funds (ETFs). State Street holds a significant market share of approximately 13.3% in the Custody, Asset & Securities Services industry.
Recent Financial Performance and Metrics
- Trailing Twelve Months (TTM) Revenue (as of June 30, 2025): $13.34 billion USD
- FY 2024 Revenue: $12.91 billion USD
- Assets Under Custody and/or Administration (AUC/A) as of December 31, 2024: $46.6 trillion USD
- Assets Under Management (AUM) as of December 31, 2024: $4.7 trillion USD
Fourth Quarter 2024 Financial Highlights:
- Total fee revenue increased by 13% year-over-year to $2.662 billion.
- Net interest income rose by 10% year-over-year to $749 million.
- Total revenue for 4Q24 was $3.412 billion, up 12% year-over-year.
- Pre-tax margin stood at 28.1% (28.4% in 3Q24).
- Return on average common equity (ROE) was 12.7% (13.5% excluding notable items).
- Diluted earnings per share (EPS) were $2.46 for 4Q24.
State Street reported positive fee and total operating leverage, driven by strong sales performance and transformative mandates in Investment Services, with new assets under custody/administration wins exceeding $1 trillion during the full year 2024. Global Advisors achieved record management fees and substantial quarterly net inflows of $64 billion.
Strategic Positioning
- State Street emphasizes trust, client service, and innovation, particularly in ETF leadership and wealth-building tools.
- The company is actively engaged in transforming its operating model and broadening product and distribution capabilities to support sustainable growth.
- Robust capital discipline is evident, with a combined capital return to shareholders of over $517 million in 2Q25 and $320 million in 1Q25.
- The focus remains on executing strategic priorities to drive growth while managing expenses effectively.
Investor Communications and Reporting
State Street maintains regular and transparent communication with investors via:
- Quarterly and annual financial reports, including 10-Q and 10-K filings.
- Public earnings releases and investor events.
- A dedicated investor relations website: [https://investors.statestreet.com/](https://investors.statestreet.com/)
The most recent and comprehensive financial data and management discussion are available from the 2024 Annual Report and quarterly earnings releases through early 2025.
This consolidated profile includes all publicly available relevant data on Joji George’s organization, State Street Corporation, with a focus on company domain, scale, financial health, market positioning, and recent operating performance critical for understanding the company’s current business dynamics.
