Forbes: America's Best and Worst Banks 2012
America's Best Banks
State Street
Headquarters: Boston, Mass.
Assets: $204 billion
Price/Book value: 1.1
NPLs*/Loans: 0.04%
Reserves/NPLs: 431%
State Street’s financial metrics are strong thanks in part to its role as a custodian bank that services institutional investors worldwide. It does not have the commercial loan book like other large banks. That helped State Street have the lowest ratios for both NPLs and nonperforming assets to total assets among the 100 largest banks.
(Photo via Forbes)
More from Forbes:
America’s Largest Private Companies
See More of America’s Best Banks
See More of America’s Worst Banks
The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Headquarters: Boston, Mass.
Assets: $204 billion
Price/Book value: 1.1
NPLs*/Loans: 0.04%
Reserves/NPLs: 431%
State Street’s financial metrics are strong thanks in part to its role as a custodian bank that services institutional investors worldwide. It does not have the commercial loan book like other large banks. That helped State Street have the lowest ratios for both NPLs and nonperforming assets to total assets among the 100 largest banks.
(Photo via Forbes)
More from Forbes:
America’s Largest Private Companies
See More of America’s Best Banks
See More of America’s Worst Banks
The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
