Income StatementBalance SheetCash FlowSegments
State Street logo

State Street Income Statement

Revenue, expenses, and profitability over time

State Street generated $14.5B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $3.1B with a 21.2% net margin. Diluted EPS is $9.85, which grew 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$14.5BNet Income (TTM)$3.1BEps Diluted (TTM)$9.85
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$42.0B
P/E Ratio13.69
ROE11.26%

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Capital Expenditures$249.0M$226.0M$319.0M$243.0M$267.0M$270.0M
Change in Other Liabilities—$545.0M$2.1B-$2.7B-$1.2B$1.6B
Common Stock Dividends Per Share$0.8$0.8$0.8$0.8$0.8$0.8
Other Comprehensive Income (Loss), Net of Tax—$308.0M———-$239.0M
Dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Goodwill Translation and Purchase Accounting Adjustments—$56.3M$56.3M$56.3M$56.3M-$40.0M
OCI - Cash flow hedge, net of tax—$30.0M———-$4.0M
OCI - Defined benefit plan, net of tax—-$3.0M———-$3.0M
Other comprehensive income (loss), net of tax—$30.0M———-$4.0M
Reclassifications Net of Tax$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
OCI Foreign Currency Translation Adjustment Tax—-$78.0M———$30.0M
OCI Unrealized Holding Gain (Loss) on Securities, Net of Tax—$111.0M———-$131.0M
Other Comprehensive Income (Loss)—-$3.0M———-$3.0M
Unrealized Gain (Loss) on Securities—$111.0M———-$131.0M
OCI Cash Flow Hedge Gain (Loss)—$30.0M———-$4.0M
OCI Attributable to Parent—$308.0M———-$239.0M
OCI Cash Flow Hedge Before Reclassification and Tax—$2.0M———-$37.0M
OCI Defined Benefit Plan Net of Tax—-$3.0M———-$3.0M
Unrealized Gains (Losses) on Hedge Instruments—$30.0M———-$4.0M
Dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Income Taxes Paid, Net$106.0M$186.0M$183.0M$82.0M$143.0M$92.0M
Interest Paid, Net$2.4B$2.1B$2.4B$2.3B$2.0B$1.8B
OCI Foreign Currency Translation Adjustment, Tax—-$78.0M———$30.0M
OCI Unrealized Holding Gain (Loss) on Securities, Net of Tax—$111.0M———-$131.0M
Amortization of capitalized software and acquired intangible assets$54.0M$54.0M$56.0M$56.0M$57.0M$57.0M
Stock options excluded as their inclusion would be anti-dilutive (in shares)—0———0
Number of securities in loss position—————1597.00
Bank operations—$13.0M———$10.0M
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation—$1.5B———$2.1B
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months—————$27.0M
Derivatives—-$82.0M———$40.0M
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge—$81.0M———-$40.0M
Dividends declared (in dollars per share)$0.8$0.8$0.8$0.8$0.8$0.8
Comprehensive Income (Loss), Net of Tax, Attributable to Parent—$952.0M———$525.0M
Revenue recognized that was included in deferred income at the beginning of the period—————$52.0M
Debt securities, available-for-sale, gain (loss)—————$1.0M
AFS transferred to HTM—-$66.8M-$66.8M-$66.8M-$66.8M-$253.0M
Deferred taxes$88.0M$18.0M-$82.0M$1.0M-$26.0M$28.0M
Derivative, Fair Value Hedge, Included in Effectiveness, Gain (Loss)—-$210.0M———-$105.0M
Dividends and undistributed earnings allocated to participating securities—$1.0M———$1.0M
Dividends, Common Stock—$220.0M———$233.0M
Dividends, Common Stock, Cash—$220.0M———$233.0M
Dividends, Preferred Stock, Cash—$46.0M———$58.0M
Donations—$4.0M———$0.0
Foreign exchange trading services$360.0M$362.0M$431.0M$416.0M$405.0M$435.0M
Software services—$158.0M———$169.0M
Management fees$576.0M$562.0M$562.0M$612.0M$662.0M$724.0M
Software services$259.0M$225.0M$230.0M$227.0M$221.0M$169.0M
Securities finance$118.0M$114.0M$126.0M$138.0M$127.0M$116.0M
Servicing fees$1.3B$1.3B$1.3B$1.4B$1.4B$1.4B
Provision for credit losses$12.0M$12.0M$30.0M$9.0M$59.0M$16.0M
Amount of foreign currency translation increase (decrease)—$8.8M$8.8M$8.8M$8.8M-$6.0M
Purchase accounting adjustments, intangible assets—$8.5M$8.5M$8.5M$8.5M—
Gains (losses) on strategic investments, net—$0.0———$1.0M
Goodwill Additions—$60.8M$60.8M$60.8M$60.8M$2.0M
Translation and other—$56.3M$56.3M$56.3M$56.3M-$40.0M
Income Taxes Paid, Net$106.0M$186.0M$183.0M$82.0M$143.0M$92.0M
Change in collateral deposits, net—-$1.7B———-$5.7B
Net increase in all other deposits—$7.5B———$20.1B
Increase (Decrease) in Other Operating Assets-$1.5B$1.8B$919.0M$2.0M$0.0$4.7B
Other liabilities—$545.0M$2.1B-$2.7B-$1.2B$1.6B
Increase (Decrease) in Other Receivables—$247.0M$308.0M-$112.0M—$313.0M
Increase (Decrease) in Time Deposits—$2.7B-$4.6B$1.2B-$2.3B-$1.1B
Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI-$34.0M-$25.0M$47.0M$93.0M—$15.0M
Interest and Dividend Income, Operating$3.0B$2.9B$3.1B$2.9B$2.7B$2.7B
Other interest-earning assets—$466.0M———$346.0M
Interest Expense, Deposits—$1.6B———$1.4B
Interest Expense, Long-Term Debt—$297.0M———$286.0M
Interest Income, Deposits with Financial Institutions—$768.0M———$696.0M
Interest Income (Expense), Operating$749.0M$714.0M$729.0M$715.0M$802.0M$835.0M
Interest Income, Investment Securities—$966.0M———$913.0M
Investment securities available-for-sale—$724.0M———$706.0M
Investment securities held-to-maturity—$242.0M———$207.0M
Interest Income Operating—$2.9B———$2.7B
Securities purchased under agreements to resell—$165.0M———$152.0M
Interest Paid, Excluding Capitalized Interest, Operating Activity$2.4B$2.1B$2.4B$2.3B$2.0B$1.8B
Number of loans and leases segments—————2.00
Marketable Securities Unrealized Gain Loss—————-$4.4B
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$17.6B$13.7B$8.2B-$7.2B—$18.6B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$11.0B-$14.6B-$384.0M$57.0M—-$4.4B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation-$7.4B$2.4B-$8.4B$7.9B$10.0B-$12.1B
Net (Decrease) Increase in Other Short-Term Borrowings—$2.0B———$159.0M
Net Income (Loss) Available to Common Stockholders, Basic$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
Net Income (Loss) Available to Common Stockholders, Diluted$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
Net increase in securities purchased under resale agreements—-$1.3B———-$1.4B
Other non-cash adjustments for depreciation, amortization and accretion, net—$34.0M———$160.0M
Noninterest Expense$2.4B$2.5B$2.5B$2.4B$2.7B$2.8B
Total other income$66.0M$99.0M$66.0M$79.0M$0.0$107.0M
Number of reportable segments—————2.00
Other comprehensive income/(loss) before reclassifications—$252.0M———-$272.0M
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax—$10.0M———-$6.0M
Cash flow hedges—$2.0M———-$37.0M
Unrealized gains (losses) on hedge instruments—$30.0M———-$4.0M
Cash flow hedges, Gain or (loss) reclassified from accumulated OCI into income—-$37.0M———-$26.0M
Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax—————-$29.0M
Change in net unrealized gains (losses) on available-for-sale securities, taxes—$41.0M———-$54.0M
Other Comprehensive Income (Loss), Derivative, Before Reclassification And Tax—-$283.0M———$93.0M
Other Comprehensive Income (Loss), Derivative, Gain (Loss), Reclassification, before Tax—-$37.0M———-$26.0M
Foreign currency translation gains (losses)—$164.0M———-$107.0M
Change in unrealized gains (losses) on retirement plans, taxes—$2.0M———$1.0M
Net investment hedges—-$285.0M———$130.0M
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), Reclassification, before Tax—$0.0———$0.0
Other comprehensive income/(loss)—$308.0M———-$239.0M
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax—-$3.0M———-$3.0M
Net unrealized gains (losses) on securities still held—$111.0M———-$131.0M
Other interest-bearing liabilities—$159.0M———$136.0M
Other Noncash Income (Expense)-$135.0M-$156.0M-$126.0M-$61.0M-$67.0M-$237.0M
Other income, net—$0.0—$1.0M—$1.0M
Payment for (Proceeds from) Other Investing Activity$235.0M$103.0M-$258.0M-$96.0M-$393.0M-$59.0M
Payments for Repurchase of Common Stock$550.0M$100.0M$300.0M$400.0M$400.0M$400.0M
Payments for Restructuring—$14.0M———$40.0M
Payments of Dividends$278.0M$266.0M$283.0M$275.0M$296.0M$293.0M
Payments to Acquire Debt Securities, Available-for-Sale$11.9B$18.4B$13.8B$9.5B$8.6B$13.9B
Payments to Acquire Loans and Leases Held-for-investment$1.9B$1.3B$2.0B-$566.0M$1.0B$2.9B
Payments to Acquire Other Investments$39.0M$47.0M$212.0M$101.0M$804.0M$156.0M
Payments to Acquire Property, Plant, and Equipment$249.0M$226.0M$319.0M$243.0M$267.0M$270.0M
Pre-tax margin—25.0%———26.0%
Debt issued (Note 13)$4.5B$2.7B$2.0B$0.0$994.0M$123.0M
Proceeds from issuance of preferred stock$0.0$743.0M$0.0$0.0$0.0$0.0
Proceeds from Maturities, Prepayments and Calls of Held-to-Maturity Securities$1.6B$2.3B$2.4B$2.4B$2.8B$1.4B
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale$5.2B$8.8B$7.4B$7.6B$5.1B$5.3B
Proceeds From Payments For In Interest Bearing Deposits In Banks-$7.8B-$6.5B$628.0M-$3.8B-$3.3B$3.4B
Financing — other-$4.0M-$6.0M-$4.0M-$3.0M-$7.0M-$5.0M
Sale of investments$2.6B$2.0B$5.5B$2.4B$6.1B$3.9B
Loans$23.0M$85.0M$66.0M$37.0M$880.0M$132.0M
Gross realized gains (losses)-$19.8M$0.0———$1.0M
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent—-$56.0M———-$33.0M
Regulatory fees and assessments—$13.0M———$12.0M
Repayment of Long-Term Debt, Long-Term Lease Obligation, and Capital Security$2.0B$1.3B$1.0B$1.3B$504.0M$5.0M
Repurchases Of Common Stock For Employee Tax Withholding—$57.0M———$85.0M
Securities processing—$4.0M———$10.0M
Net increase (decrease) in securities sold under repurchase agreements—-$157.0M———$128.0M
Segment Reporting, Other Segment Item, Amount—$433.0M———$450.0M
Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment—$743.0M————
Stock Issued During Period, Value, Stock Options Exercised—$37.0M———$71.0M
Effect of dilutive securities: equity-based awards (in shares)—4.2M———4.4M
Stockholders' Equity, Other—$0.0———$0.0
Average assets (in billions)—$337.3B———$351.7B
Total Purchase Price—$100.0M———$404.0M
Foreign Currency Translation Adjustments, Net—-$78.0M———$30.0M
OCI - Cash Flow Hedge, Before Tax—$2.0M———-$37.0M
Unrealized Gain (Loss) on Derivatives, Net—$2.0M———-$37.0M
Foreign Currency Translation Adjustments, Tax Provision (Benefit)—-$78.0M———$30.0M
OCI Before Reclassifications, Net of Tax—$252.0M———-$272.0M
Reclassification from AOCI, Net of Tax—-$56.0M———-$33.0M
Foreign Currency Translation Adjustment, Net of Tax—$164.0M———-$107.0M
Foreign Currency Translation Adjustment, Tax—-$78.0M———$30.0M
OCI Defined Benefit Plan, After Tax—-$3.0M———-$3.0M
Other Comprehensive Income (Loss)—$952.0M———$525.0M
OCI Pension Adjustments—-$3.0M———-$3.0M
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent—$308.0M———-$239.0M
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
OCI Foreign Currency Gain (Loss), Pre-tax—-$78.0M———$30.0M
OCI Net of Tax, Parent—$308.0M———-$239.0M
OCI Pension Reclassification Adjustment, Pre-tax—-$3.0M———-$3.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net—$0.0—$1.0M—$1.0M
Business Exit Costs—————$1.0M
Amortization of Finite-Lived Intangible Assets$54.0M$54.0M$56.0M$56.0M$57.0M$57.0M
Other general expense—$107.0M———$122.0M
Information processing and communications$480.0M$497.0M$523.0M$517.0M$557.0M$637.0M
Amortization expense$54.0M$54.0M$56.0M$56.0M$57.0M$57.0M
Other Restructuring Costs—————$9.0M
Compensation and benefits$1.2B$1.3B$1.3B$1.2B$1.3B$1.4B
Amortization Expense$54.0M$54.0M$56.0M$56.0M$57.0M$57.0M
Amortization of Capitalized Software and Acquired Intangibles$54.0M$54.0M$56.0M$56.0M$57.0M$57.0M
Brokerage, clearing and exchange fees$245.0M$258.0M$260.0M$276.0M$256.0M$283.0M
Information processing and communications$480.0M$497.0M$523.0M$517.0M$557.0M$637.0M
Severance-Related Costs—————$79.0M
Other operating income (expense), net—$0.0—$1.0M—$1.0M
Occupancy and equipment$123.0M$103.0M$105.0M$106.0M$173.0M$101.0M
Other expenses$556.0M$330.0M$305.0M$317.0M$536.0M$349.0M
Exit Costs (Credits)—————$1.0M
Professional fees—$110.0M———$104.0M
Restructuring charges—————$89.0M
Selling and marketing—$25.0M———$34.0M
Restructuring and Other Costs—$0.0———$89.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income—$0.0—$1.0M—$1.0M
Other operating income (expense), net—$0.0—$1.0M—$1.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share (Declared)$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Basic earnings per share$2.48$2.07$2.20$2.83$2.45$2.53
Diluted earnings per share$2.43$2.04$2.17$2.78$2.41$2.49
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Dividends Per Share Declared$0.76$0.76$0.76$0.84$0.84$0.84
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common stock dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Dividends per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common stock dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common Stock Dividends Per Share Declared$0.8$0.8$0.8$0.8$0.8$0.8
Common stock dividends per share declared$0.8$0.8$0.8$0.8$0.8$0.8
Weighted-average shares, basic—288.6M286.3M283.4M—278.4M
Weighted-average shares, diluted—292.7M290.5M288.2M—282.9M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Non-Cash Income (Expense)-$135.0M-$156.0M-$126.0M-$61.0M-$67.0M-$237.0M
Gain (Loss) on Investments—$0.0———$1.0M
Cash Paid for Interest$2.4B$2.1B$2.4B$2.3B$2.0B$1.8B
Non-Marketable Equity Securities Impairment—————$0.0
Other non-cash income (expense)-$135.0M-$156.0M-$126.0M-$61.0M-$67.0M-$237.0M
Gains on strategic investments, net—$0.0———$1.0M
Net Gain (Loss) on Derivative Instruments—-$4.6B———$4.4B
Gains (losses) on equity investments—$0.0———$1.0M
Interest expense$2.3B$2.2B$2.3B$2.2B$1.9B$1.8B
Realized Investment Gains (Losses)-$19.8M$0.0———$1.0M
Net Change in Cash Flow Hedges—$30.0M———-$4.0M
Interest Expense, Repurchase Agreements—$51.0M———$2.0M
OCI Defined Benefit Plans—-$3.0M———-$3.0M
Other Non-Cash Income (Expense)-$135.0M-$156.0M-$126.0M-$61.0M-$67.0M-$237.0M
Gains on disposal of investments and other property—$0.0———$1.0M
Other Non-cash Income (Expense)-$135.0M-$156.0M-$126.0M-$61.0M-$67.0M-$237.0M
Other Non-Cash Income (Expense)-$135.0M-$156.0M-$126.0M-$61.0M-$67.0M-$237.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue Recognized from Contract Liability—————$52.0M
Interest Income on Trading Debt Securities—$0.0———$1.0M
Interest Income on Deposits with Banks—$768.0M———$696.0M
Revenue Recognized from Contract Liabilities—————$52.0M
Net interest income$749.0M$714.0M$729.0M$715.0M$802.0M$835.0M
Gift Card Revenue Recognized—————$52.0M
Revenue Recognized from Contract Liability—————$52.0M
Total noninterest income$2.7B$2.6B$2.7B$2.8B$2.9B$3.0B
Total revenue$3.4B$3.3B$3.4B$3.5B$3.7B$3.8B
Interest Income from Loans Held in Portfolio—$557.0M———$543.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest Expense on Long-Term Debt—$297.0M———$286.0M
Interest Expense on Short-Term Borrowings—$135.0M———$39.0M
Interest Expense on Short-Term Borrowings—$135.0M———$39.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
Common Dividends Declared (Per Share)$0.8$0.8$0.8$0.8$0.8$0.8
Net Income Allocated to Common (Diluted)$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
Net earnings to common$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
Net Income Available to Common Stockholders (Diluted)$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
Common Stock Dividends—$220.0M———$233.0M
Net Income Available to Common Shareholders$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M
OCI Attributable to Parent—$308.0M———-$239.0M
Net income$783.0M$644.0M$693.0M$861.0M$747.0M$764.0M
Preferred stock dividends—$46.0M———$58.0M
Net income attributable to common stock$728.0M$597.0M$630.0M$802.0M$688.0M$705.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$106.0M$186.0M$183.0M$82.0M$143.0M$92.0M
Income Taxes Paid, Net$106.0M$186.0M$183.0M$82.0M$143.0M$92.0M
Income tax expense$177.0M$178.0M$196.0M$241.0M$171.0M$205.0M
Income Taxes Paid, Net$106.0M$186.0M$183.0M$82.0M$143.0M$92.0M
Income and Other Taxes$106.0M$186.0M$183.0M$82.0M$143.0M$92.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$960.0M$822.0M$889.0M$1.1B$918.0M$969.0M