STATE STREET CORP Interest Expense 2007-2024 | STT
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is STATE STREET CORP's current interest expense?
STATE STREET CORP (STT) annual interest expense for 2023 was $6.42B, a 315.87% increase from 2022. STATE STREET CORP interest expense for the quarter ending March 31, 2024 was $2.17B.
What was STATE STREET CORP's interest expense in 2022?
STATE STREET CORP annual interest expense for 2022 was $1.54B, a 51366.67% increase from 2021.
What was STATE STREET CORP's interest expense in 2021?
STATE STREET CORP annual interest expense for 2021 was $3.0M, a 99.20% decline from 2020.
What is STATE STREET CORP's 5-year interest expense CAGR?
STATE STREET CORP interest expense grew at a compound annual growth rate (CAGR) of 45.31% from FY2018 to FY2023, going from $991.0M to $6.42B over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+45.3%
FY2018
$991.0M
→
FY2023
$6.42B
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $6.42B | +315.9% | 10-K |
| FY2022 | $1.54B | +51366.7% | 10-K |
| FY2021 | $3.0M | -99.2% | 10-K |
| FY2020 | $375.0M | -72.7% | 10-K |
| FY2019 | $1.38B | +38.7% | 10-K |
| FY2018 | $991.0M | +64.1% | 10-K |
| FY2017 | $604.0M | +41.1% | 10-K |
| FY2016 | $428.0M | +7.0% | 10-K |
| FY2015 | $400.0M | +2.0% | 10-K |
| FY2014 | $392.0M | -4.6% | 10-K |
| FY2013 | $411.0M | -13.7% | 10-K |
| FY2012 | $476.0M | -22.3% | 10-K |
| FY2011 | $613.0M | -19.7% | 10-K |
| FY2010 | $763.0M | +5.7% | 10-K |
| FY2009 | $722.0M | -67.6% | 10-K |
| FY2008 | $2.23B | -36.0% | 10-K |
| FY2007 | $3.48B | - | 10-K |
Company: STATE STREET CORPTicker: STTSector: Financial ServicesIndustry: State Commercial BanksView company profile →