State Street (STT) Restructuring Costs (2009 - 2023)

State Street (STT) has reported Restructuring Costs for 15 consecutive years, with -$15.0 million the latest figure, recorded in Q4 2023.

• For the quarter ending Q4 2023, Restructuring Costs fell 148.39% year-over-year to -$15.0 million; the trailing twelve-month figure through Dec 2023 stood at -$15.0 million (down 123.08% YoY), and the FY2023 full-year result was -$15.0 million, down 123.08% from the prior year.
• Restructuring Costs retreated to -$15.0 million in Q4 2023 per STT's latest filing, from $31.0 million in the prior quarter.
• Across five years, Restructuring Costs topped out at $31.0 million in Q4 2022 and bottomed at -$15.0 million in Q4 2023.
• Historically, Restructuring Costs has averaged $14.2 million across 5 years, with a median of $12.0 million in 2019.
• The sharpest annual moves came in 2021 and 2023: Restructuring Costs surged 116.67% in 2021, then sank 148.39% in 2023.
• Over 5 years, Restructuring Costs stood at $29.0 million in 2019, then slumped by 58.62% to $12.0 million in 2020, then surged by 116.67% to $26.0 million in 2021, then rose by 19.23% to $31.0 million in 2022, then tumbled by 148.39% to -$15.0 million in 2023.
• According to Business Quant data, Restructuring Costs over the past three periods registered -$15.0 million, $31.0 million, and $13.0 million for Q4 2023, Q4 2022, and Q3 2022 respectively.