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State Street (State Street) Allowance For Loans And Lease Losses

: $-135.00 Mil (As of Dec. 2023)
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State Street's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-135.00 Mil.

State Street's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-120.00 Mil) to Sep. 2023 ($-119.00 Mil) but then declined from Sep. 2023 ($-119.00 Mil) to Dec. 2023 ($-135.00 Mil).

State Street's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-87.00 Mil) to Dec. 2022 ($-97.00 Mil) and declined from Dec. 2022 ($-97.00 Mil) to Dec. 2023 ($-135.00 Mil).

State Street Allowance For Loans And Lease Losses Historical Data

The historical data trend for State Street's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

State Street Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -74.00 -122.00 -87.00 -97.00 -135.00

State Street Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -115.00 -120.00 -119.00 -135.00 -135.00

State Street Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

State Street Allowance For Loans And Lease Losses Related Terms

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State Street (State Street) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » State Street Corporation (NYSE:STTpD.PFD) » Definitions » Allowance For Loans And Lease Losses
Comparable Companies
ARES PFG TROW NTRS CRBG CG BEN ARCC SEIC OWL BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
STTpG.PFD:USA STT:USA STT:Mexico ZYA:Germany S1TT34:Brazil STT:Austria
Address
One Lincoln Street, Boston, MA, USA, 02111
Website
https://www.statestreet.com
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.