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 June of 2021, it had grown to 29,696 employees at 3 locations. State Street Bank and Trust Company has an A 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
A
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14 |
| Year Established | 1792 |
| Employees | 29696 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.82% |
| Return on Equity - YTD | 9.77% |
| Annual Interest Income | $940.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $323B$276.8B |
| Loans | Q2 2021vs Q2 2020 | $30.72B$26.84B |
| Deposits | Q2 2021vs Q2 2020 | $268.1B$208B |
| Equity Capital | Q2 2021vs Q2 2020 | $26.90B$25.82B |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $100.0MM$141.0MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $0$0 |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |