State Street Bank and Trust Company
Overview / Commentary
State Street Bank and Trust Company is headquartered in Boston and is the largest bank in the state of Massachusetts. It is also the 13th largest bank in the nation. It was established in 1792 and as of March of 2022, it had grown to 37,486 employees at 3 locations. State Street Bank and Trust Company has a B+ health rating.
Reviews (1)
Awesome Savings Features
Posted by: Eddy_P | Oct 26, 2021
Savings account with this bank is a gift. Very low fees and easy to sign up!
Health
B+
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14 |
| Year Established | 1792 |
| Employees | 37486 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 8.58% |
| Annual Interest Income | $522.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $318.5B$313.3B |
| Loans | Q1 2022vs Q1 2021 | $35.20B$31.59B |
| Deposits | Q1 2022vs Q1 2021 | $257B$250.5B |
| Equity Capital | Q1 2022vs Q1 2021 | $26.84B$26.15B |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $86.0MM$118.0MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $0$0 |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |