State Street Amortized cost basis of portfolios used in hedging relationships decreased by 17.3% to $1.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.9%, from $1.66B to $1.43B.
An increase suggests a larger portion of the bank's assets are being actively hedged to mitigate interest rate volatility.
This represents the amortized cost basis of financial assets within a closed portfolio that are designated in fair value...
Commonly reported by large financial institutions under hedge accounting disclosures to show the scope of interest rate risk management.
other_prepayable_financial_asset_closed_portfolio_last_o_7da167| Q4 '21 | 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 | $0.00 | $68.00M | $66.00M | $64.00M | $400.00M | $400.00M | $400.00M | $400.00M | $400.00M | $400.00M | $400.00M | $1.82B | $1.66B | $1.82B | $1.82B | $1.73B | $1.43B |
| QoQ Change | — | — | -2.9% | -3.0% | +525.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +355.0% | -8.8% | +9.6% | +0.0% | -4.9% | -17.3% |
| YoY Change | — | — | — | — | — | +488.2% | +506.1% | +525.0% | +0.0% | +0.0% | +0.0% | +355.0% | +315.0% | +355.0% | +355.0% | -4.9% | -13.9% |