State Street Reports First-Quarter 2023 Financial Results

Rhea-AI Summary

State Street Corporation (NYSE: STT) disclosed its first-quarter 2023 financial results today. The firm reported a total of $37.6 trillion in assets under custody and/or administration, along with $3.6 trillion in assets under management as of March 31, 2023. The company operates across over 100 global markets and employs around 43,000 personnel. A conference call to discuss these results will occur at 9:00 a.m. ET on April 17, 2023, accessible to the public via audio webcast. For further details, visit their Investor Relations website.

Positive

• Reported assets under custody of $37.6 trillion.
• Total assets under management reached $3.6 trillion.
• Global presence in over 100 markets, highlighting extensive operational capabilities.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) reported its first-quarter 2023 financial results today. The news release, presentation, and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm’s financial results, outlook and related matters will be held at 9:00 a.m. ET today, Monday, April 17, 2023. The call will be open to the public.

The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com, and by telephone at (+1) 888-886-7786 (Conference ID# 24159898).

Following the conference call, a replay will be available via audio webcast on State Street’s Investor Relations website http://investors.statestreet.com, or by telephone, which will be available for approximately one month, at (+1) 877-674-7070 (Conference ID: 24159898, Playback Passcode: 159898 #).

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $37.6 trillion in assets under custody and/or administration and $3.6 trillion* in assets under management as of March 31, 2023. State Street operates globally in more than 100 geographic markets and employs approximately 43,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of March 31, 2023 includes approximately $59 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230416005067/en/

Media Contact:

Carolyn Cichon

+1 (617) 664-8672

Investor Contact:

Ilene Fiszel Bieler

+1 (617) 664-3477

Source: State Street Corporation

FAQ

What are the financial results for State Street Corporation for Q1 2023?

State Street Corporation reported $37.6 trillion in assets under custody and $3.6 trillion in assets under management as of March 31, 2023.

When will State Street Corporation hold its Q1 2023 earnings conference call?

The conference call will be held at 9:00 a.m. ET on April 17, 2023.

How can I access State Street Corporation's latest financial results?

You can access State Street's financial results on their Investor Relations website at http://investors.statestreet.com.