Forbes.com Company Details: State Street Corporation


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State Street Corporation

Ticker: STT	Industry: Regional Banks
Exchange: NYSE	Sector: Financial

Fri Sep 06 2002 16:01 EDT | 15 min quote delay

Price	Change	%Change	Open	High	Low	Volume
41.66	1.1500	2.84	41.50	42.05	41.22	1,013,400

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Background

STT, a bank holding company for State Street Bank & Trust Company, provides financial asset services, investment management & commercial lending services. For the 6 months ended 6/02, interest income fell 35% to $1.03B. Net interest income after loan prov. rose 10% to $528M. Net income rose 24% to $356M. Results reflect lower interest- earning assets, offset by lower interest paid on borrowings, and an increase in service charges.

52-Week High	58.36	52-Week Low	34.85
YTD %Change	-20.27	Avg Vol(3 mo.)¹	1.68
P/E (TTM)	19.73	Earn/Shr ($)	2.11
Ex-Div Amt. ($)	0.12	Div/Yield %	1.15
Shares Out¹	324.04	Market Cap¹	13,499.51
Ex-Div Date	Jun 27, 2025	Float¹	317.60

Financials & Ratios
Key Ratios & Statistics

Price/Revenue (TTM)	5.97
P/E (TTM)	19.73
Price/Book (MRQ)	3.22
Price/Cash Flow (TTM)	19.73
ROA (TTM)	0.95
ROE (TTM)	17.84
Current Ratio (MRQ)	NM
Total Debt/Equity (MRQ)	NM
Cash Per Share ($)	6.05
Book Value/Share ($)	12.92

TTM: trailing 12 months MRQ: most recent quarter
Short Interest

Current Month*	5.03
Previous Month*	4.69
Short Interest Ratio	2.71

Institutional & Insider Ownership

(Units in Millions of Shares)

Purchases

Sale

Net Purch

Institutions

24.80

20.56

4.24

Insiders

0.00

0.01

-0.01

Institutional data based on company's quarterly reporting,
insiders on a 6-month rolling basis.

Revenues

(Units in Millions of U.S. Dollars $)

Quarter

2001

2002

855

524

732

510

705

563

Total

2,855

1,034

Earnings Per Share

(Units in U.S. Dollars $)

Quarter

2001

2002

0.37

0.54

0.50

0.54

0.51

0.52

Total

1.90

1.08

Earnings per share data excludes extraordinary items

Earnings estimates

Q3 2002	0.56*
FY 2002	2.22**

Earnings estimates from First Call. Data includes extraordinary items
* based on estimates from 16 brokers. ** based on estimates from 16 brokers.

Growth Rates
	1 Year	5 Year

Revenue %	-12.32	14.62
EPS %	4.74	16.35
Divdend %	17.39	16.34

Corporate Events (All Times Eastern)

Audio webcast
available where indicated

Tue Oct 15 2002 TNS ³

Q3 2002 State Street Corporation Earnings Release

Tue Jan 14 2003 TNS ³

Q4 2002 State Street Corporation Earnings Release

¹ BMO: Before Market Open ² AMC: After Market Close
³ TNS: Time Not Specified ⁴ DNS: Date Not Specified

Full list of events

News
09.06.02	INTERVIEW-State Street's FX business finding leveraged favor
08.20.02	Deutsche Bank has three bids for custody arm-source
08.16.02	State Street files $1.5 bln mixed shelf offering
08.09.02	INTERVIEW-Deutsche Bank beefing up online forex trading
08.09.02	INTERVIEW-Deutche Bank beefing up online forex trading

Equity:
Common Stock $1 Par, 6/02, 500M auth., 329,994,000 issd., less 5,949,000 shares in Treas. @ $256M. Insiders own approx. 2%. PO: NA. *NOTE: 4/97, Name changed from State Street Boston Corp. FY'96 fincls. are reclassified. 5/01, 2-for-1 stock split. FY'01 Q's are being reclassified.

Analyst Footnotes:
FY'96 & '97 Summ Q's EPS are Diluted. 5/97, 5/92, 2-for-1 stock splits. FY'94 are restated for pooling w/ Investors Fiduciary Trust Co. (6M shs. of Common).

NM: not meaningful

¹ Units in millions

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Company Data
	225 Franklin Street Boston, MA 02110 Phone: (617) 786-3000 Fax: (617) 654-3386 ir@statestreet.com

Forbes Lists
	500s: 2002 400 Best Big Companies: 2002
See all Forbes lists

Officers
	David A Spina
	John R Towers
	Ronald E Logue
	Stefan Gavell
	Tenley E Albright, M.D.
	I. Macallister Booth
	Truman S Casner
	Nader F Darehshori
	Arthur L Goldstein
	David P Gruber
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Additional Company Info
	News Events Executives Annual Reports


			Market data provided by Reuters. Disclaimer Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. U.S. indexes are delayed at least 15 minutes with the exception of S&P; 500 which is real-time. Mutual Fund data provided by Morningstar Forbes 40 Index powered by Telemet. News may include latest headlines from Reuters. Fundamental company data from MarketGuide. Earnings dates and conference call data provided by StreetEvents, a service of CCBN.com. 2001 CCBN.com, Inc. All rights reserved.