What is State Street's western europe — cash and due from banks?

State Street (STT) reported western europe — cash and due from banks of $1.40B in Q3 2024.

How has State Street's western europe — cash and due from banks changed year-over-year?

State Street's western europe — cash and due from banks decreased by 26.3% year-over-year, from $1.90B to $1.40B.

What does western europe — cash and due from banks mean?

The amount of cash and liquid deposits held by the company within its Western European operations.

Discontinued — last reported Q3 '24

Western Europe — Cash and due from banks

State Street Western Europe — Cash and due from banks increased by 7.7% to $1.40B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 26.3%, from $1.90B to $1.40B.

Analysis

StatementSegment

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ4 2022

Last reportedQ3 2024

Rolls up toCash and Due from Banks

How to read this metric

An increase may indicate higher liquidity buffers or reduced deployment of capital, while a decrease could signal active investment, capital repatriation, or increased operational outflows.

Detailed definition

This metric represents the total balance of cash and deposits held at central banks or other financial institutions spec...

Peer comparison

Peers in the global custody and asset servicing industry typically report similar regional cash positions, which are often benchmarked against regional regulatory capital requirements and local market volatility.

Metric ID: stt_segment_western_europe_cash_and_due_from_banks

Historical Data

8 periods

	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24
Value	$1.30B	$1.60B	$1.60B	$1.90B	$1.90B	$1.10B	$1.30B	$1.40B
QoQ Change	—	+23.1%	+0.0%	+18.8%	+0.0%	-42.1%	+18.2%	+7.7%
YoY Change	—	—	—	—	+46.2%	-31.3%	-18.8%	-26.3%

Range$1.10B – $1.90B

CAGR+4.3%

Avg YoY Growth-7.5%

Median YoY Growth-22.5%

Current Streak2 quarters growth

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Frequently Asked Questions

What is State Street's western europe — cash and due from banks?: State Street (STT) reported western europe — cash and due from banks of $1.40B in Q3 2024.
How has State Street's western europe — cash and due from banks changed year-over-year?: State Street's western europe — cash and due from banks decreased by 26.3% year-over-year, from $1.90B to $1.40B.
What does western europe — cash and due from banks mean?: The amount of cash and liquid deposits held by the company within its Western European operations.