State Street Reports Fourth-Quarter and Full-Year 2022 Financial Results

Rhea-AI Summary

State Street Corporation (NYSE: STT) announced its fourth-quarter and full-year 2022 financial results. As of December 31, 2022, the company reported $36.7 trillion in assets under custody and/or administration, alongside $3.5 trillion in assets under management. The results reflect State Street's firm position in the financial services industry, providing services to institutional investors globally. A conference call to discuss these results is scheduled for 11:00 a.m. ET on January 20, 2023, available to the public via audio webcast.

Positive

• Reported $36.7 trillion in assets under custody and/or administration.
• Managed $3.5 trillion in assets as of December 31, 2022.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2022 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 11:00 a.m. ET today, Friday, January 20, 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# 36041552).

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: 36041552, Playback Passcode: 041552 #).

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 $36.7 trillion in assets under custody and/or administration and $3.5 trillion* in assets under management as of December 31, 2022. State Street operates globally in more than 100 geographic markets and employs approximately 42,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of December 31, 2022 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/20230119005744/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 fourth-quarter 2022 financial results for State Street Corporation (STT)?

State Street Corporation reported strong metrics, including $36.7 trillion in assets under custody and $3.5 trillion in assets under management as of December 31, 2022.

When will State Street Corporation's conference call occur?

The conference call is scheduled for 11:00 a.m. ET on January 20, 2023.

How can I access the financial results of State Street Corporation (STT)?

The financial results can be accessed on State Street's Investor Relations website.

How much does State Street manage in assets?

As of December 31, 2022, State Street manages approximately $3.5 trillion in assets.