Occupancy and equipment
State Street Occupancy and equipment decreased by 41.6% to $101.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $103.00M to $101.00M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a 2.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may indicate expansion of the physical footprint or rising real estate costs, while a decrease suggests branch consolidation or a shift toward digital-first operations.
Detailed definition
This metric represents the recurring costs associated with maintaining physical branch networks, corporate office space,...
Peer comparison
Standard across all large financial institutions; peers often track this as a component of noninterest expense to measure operational leverage.
occupancy_and_equipmentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $100.00M | $102.00M | $133.00M | $95.00M | $96.00M | $97.00M | $106.00M | $94.00M | $103.00M | $101.00M | $128.00M | $103.00M | $106.00M | $105.00M | $123.00M | $103.00M | $105.00M | $106.00M | $173.00M | $101.00M |
| QoQ Change | — | +2.0% | +30.4% | -28.6% | +1.1% | +1.0% | +9.3% | -11.3% | +9.6% | -1.9% | +26.7% | -19.5% | +2.9% | -0.9% | +17.1% | -16.3% | +1.9% | +1.0% | +63.2% | -41.6% |
| YoY Change | — | — | — | — | -4.0% | -4.9% | -20.3% | -1.1% | +7.3% | +4.1% | +20.8% | +9.6% | +2.9% | +4.0% | -3.9% | +0.0% | -0.9% | +1.0% | +40.7% | -1.9% |
Occupancy and equipment at Other Companies
Frequently Asked Questions
- What is State Street's occupancy and equipment?
- State Street (STT) reported occupancy and equipment of $101.00M in Q1 2026.
- How has State Street's occupancy and equipment changed year-over-year?
- State Street's occupancy and equipment decreased by 1.9% year-over-year, from $103.00M to $101.00M.
- What is the long-term trend for State Street's occupancy and equipment?
- Over 4 years (2021 to 2025), State Street's occupancy and equipment has grown at a 2.3% compound annual growth rate (CAGR), from $444.00M to $487.00M.
- What does occupancy and equipment mean?
- The total cost of renting, maintaining, and equipping physical office and branch locations.