State Street Corporation (LON:0L9G)

State Street Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	12,067	11,977	9,180	4,088	1,908	2,575
Interest Paid on Deposits	9,152	9,054	6,421	1,544	3	375
Net Interest Income	2,915	2,923	2,759	2,544	1,905	2,200
Net Interest Income Growth (YoY)	5.88%	5.94%	8.45%	33.54%	-13.41%	-14.26%
Trust Income	2,227	2,124	1,876	1,939	2,053	1,880
Gain (Loss) on Sale of Investments	-79	-79	-294	-2	57	4
Other Non-Interest Income	8,340	8,032	7,604	7,667	8,012	7,619
Total Non-Interest Income	10,488	10,077	9,186	9,604	10,122	9,503
Non-Interest Income Growth (YoY)	12.65%	9.70%	-4.35%	-5.12%	6.51%	3.41%
Revenues Before Loan Losses	13,403	13,000	11,945	12,148	12,027	11,703
Provision for Loan Losses	80	75	46	20	-33	88
Revenue	13,323	12,925	11,899	12,128	12,060	11,615
Revenue Growth (YoY)	10.97%	8.62%	-1.89%	0.56%	3.83%	-1.11%
Salaries and Employee Benefits	4,680	4,489	4,354	4,130	4,327	4,128
Occupancy Expenses	424	424	405	374	-	-
Amortization of Goodwill & Intangibles	220	230	239	238	245	234
Selling, General & Administrative	2,327	2,194	2,053	1,969	2,408	2,305
Other Non-Interest Expense	2,078	2,195	2,344	1,947	1,847	1,866
Total Non-Interest Expense	9,729	9,532	9,395	8,658	8,827	8,533
EBT Excluding Unusual Items	3,594	3,393	2,504	3,470	3,233	3,082
Pretax Income	3,596	3,395	2,316	3,327	3,171	2,899
Income Tax Expense	746	708	372	553	478	479
Earnings From Continuing Operations	2,850	2,687	1,944	2,774	2,693	2,420
Net Income	2,850	2,687	1,944	2,774	2,693	2,420
Preferred Dividends & Other Adjustments	213	204	123	114	121	163
Net Income to Common	2,637	2,483	1,821	2,660	2,572	2,257
Net Income Growth	57.81%	38.22%	-29.92%	3.01%	11.28%	7.94%
Basic Shares Outstanding	291	298	322	365	353	353
Diluted Shares Outstanding	295	302	327	370	358	357
Shares Change (YoY)	-4.58%	-7.45%	-11.76%	3.39%	0.24%	-4.43%
EPS (Basic)	9.06	8.34	5.65	7.28	7.30	6.40
EPS (Diluted)	8.92	8.21	5.58	7.19	7.19	6.32
EPS Growth	67.51%	47.13%	-22.39%	-	13.77%	17.47%
Dividend Per Share	3.040	2.900	2.640	2.400	2.180	2.080
Dividend Growth	10.14%	9.85%	10.00%	10.09%	4.81%	5.05%
Effective Tax Rate	20.75%	20.85%	16.06%	16.62%	15.07%	16.52%

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.