State Street Net Worth (Updated 2025).
State Street, a name synonymous with financial services, traces its origins back to the bustling streets of Boston, Massachusetts, in 1792. Founded by a group of prominent merchants and businessmen, including the influential John Hancock, the company began as a small but ambitious venture, aiming to provide banking services to the burgeoning city and its surrounding communities.
The company’s first office was established in a modest building on State Street, hence the name, and it was here that the groundwork was laid for what would become one of the world’s leading providers of financial services. From these humble beginnings, State Street grew steadily, earning a reputation for reliability and integrity, qualities that would become the cornerstone of its success.
State Street’s Current Net Worth (2025)
As of 2025, State Street Corporation’s current net worth is approximately $35.6 billion, according to the latest available information. This figure reflects the company’s strong financial position and growth over the years.
Career
Founded in 1792, State Street is the second oldest financial institution in the United States. It has evolved from a local bank to a global financial services firm, providing investment servicing, investment research and trading, and investment management services. Today, it operates in more than 100 geographic markets worldwide and has over $3.9 trillion in assets under custody and administration, and $3.5 trillion under management.
Other Ventures
State Street has expanded its services to include State Street Global Advisors (SSGA), the company’s asset management division, and State Street Global Markets, which offers securities services and trading capabilities. Additionally, State Street Digital, a division focused on digital assets and blockchain technology, was launched in 2021 to explore and develop new opportunities in the digital asset space.
Assets
State Street’s assets are primarily composed of assets under custody and administration, which totaled $3.9 trillion as of December 31, 2021. These assets are held on behalf of clients, including mutual funds, pension funds, and sovereign wealth funds. The company also has significant real estate holdings, including office buildings and data centers, valued at over $1 billion.
Annual Income
State Street’s annual revenue has seen consistent growth over the years. In 2021, the company reported total revenue of $15.7 billion, a 12% increase from the previous year. Net income for the year was $4.8 billion, up 14% from 2020. These figures reflect the company’s strong performance and growth in its core businesses and new initiatives.
Table Of Contents
- Frequently Asked Questions: State Street Net Worth
- 1. What is State Street’s net worth?
- 2. How does State Street generate its revenue?
- 3. What is the history of State Street?
- 4. Who is the current CEO of State Street?
- 5. Where is State Street headquartered?
- 6. How many employees does State Street have?
- 7. What is State Street’s total assets under custody and administration?
- 8. What is State Street’s market capitalization?
- 9. What are some of State Street’s notable clients?
- 10. How has State Street performed in recent years?
Frequently Asked Questions about State Street
Frequently Asked Questions: State Street Net Worth
1. What is State Street’s net worth?
State Street’s net worth is estimated to be over $35 billion.
2. How does State Street generate its revenue?
State Street generates revenue through various services including investment servicing, investment research and trading, and investment management.
3. What is the history of State Street?
State Street Corporation was founded in 1792 and is one of the oldest financial institutions in the United States.
4. Who is the current CEO of State Street?
Ronald P. O’Hanley is the current President and Chief Executive Officer of State Street.
5. Where is State Street headquartered?
State Street’s global headquarters is located in Boston, Massachusetts, USA.
6. How many employees does State Street have?
As of 2021, State Street has approximately 38,000 employees worldwide.
7. What is State Street’s total assets under custody and administration?
As of 2021, State Street has over $38.8 trillion in assets under custody and administration.
8. What is State Street’s market capitalization?
State Street’s market capitalization is around $30 billion.
9. What are some of State Street’s notable clients?
State Street serves a wide range of clients, including institutional investors, investment managers, and financial institutions.
10. How has State Street performed in recent years?
State Street has shown consistent growth and strong financial performance in recent years, with increasing revenue and net income.
