Current Liabilities

Noninterest-bearing deposits

State Street Noninterest-bearing deposits increased by 12.4% to $39.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.9%, from $32.27B to $39.64B. Over 5 years (FY 2020 to FY 2025), Noninterest-bearing deposits shows a downward trend with a -6.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025
Parent metricDeposits

How to read this metric

Higher levels indicate a lower cost of funds, which generally improves the net interest margin.

Detailed definition

This metric represents the total balance of customer deposits that do not earn interest, typically held in demand deposi...

Peer comparison

A key performance indicator for retail and commercial banks to measure funding cost efficiency.

Metric ID: fin_deposits_noninterest_bearing

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$61.74B$64.89B$56.46B$61.80B$55.06B$55.89B$46.76B$45.86B$36.46B$35.82B$32.57B$37.37B$34.52B$31.45B$33.18B$32.27B$34.57B$34.40B$35.27B$39.64B
QoQ Change+5.1%-13.0%+9.5%-10.9%+1.5%-16.4%-1.9%-20.5%-1.7%-9.1%+14.7%-7.6%-8.9%+5.5%-2.8%+7.1%-0.5%+2.5%+12.4%
YoY Change-10.8%-13.9%-17.2%-25.8%-33.8%-35.9%-30.3%-18.5%-5.3%-12.2%+1.9%-13.7%+0.1%+9.4%+6.3%+22.9%
% of Deposits23.4%25.0%22.1%24.6%22.8%23.5%19.9%20.5%16.4%16.8%14.7%14.8%14.4%12.7%12.7%11.9%12.2%12.3%12.9%13.5%
Share Change+1.6pp-2.9pp+2.5pp-1.9pp+0.7pp-3.6pp+0.6pp-4.1pp+0.4pp-2.1pp+0.1pp-0.4pp-1.7pp-0.0pp-0.8pp+0.4pp+0.1pp+0.6pp+0.7pp
Range$31.45B$64.89B
CAGR-8.9%
Avg YoY Growth-11.1%
Median YoY Growth-12.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is State Street's noninterest-bearing deposits?
State Street (STT) reported noninterest-bearing deposits of $39.64B in Q1 2026.
How has State Street's noninterest-bearing deposits changed year-over-year?
State Street's noninterest-bearing deposits increased by 22.9% year-over-year, from $32.27B to $39.64B.
What is the long-term trend for State Street's noninterest-bearing deposits?
Over 5 years (2020 to 2025), State Street's noninterest-bearing deposits has grown at a -6.5% compound annual growth rate (CAGR), from $49.44B to $35.27B.
What does noninterest-bearing deposits mean?
Customer funds held in accounts that do not pay interest to the depositor.