Major Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Weak (2.4) profitability. Weak current capitalization (1.0 on a scale of 0 to 10) based on a risk-based capital ratio of 16.0 and a capital leverage ratio of 6.3.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.3 on a scale of 0 to 10). A current level of 0.4 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.0).
Asset Mix:
Securities (33%), cash (31%), comm loans (1%), comm re (1%), other (35%)
States with Branches:
MA, MO, NJ
Corporate Info
State Street Corporation
One Lincoln Street
Boston, MA 02111
Boston, MA 02111
(617) 786-3000
1792
Largest Affiliates
New York, NY
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Bank
Boston, MA
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Bank