State Street Standby letters of credit decreased by 19.0% to $461.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 43.2%, from $811.00M to $461.00M. Over 5 years (FY 2020 to FY 2025), Standby letters of credit shows a downward trend with a -29.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase indicates higher contingent liability exposure, requiring careful monitoring of client credit quality.
These are financial instruments issued by the firm to guarantee the performance of a client to a third party. They repre...
Common in commercial and investment banking as a standard credit product.
other_stand_by_letters_of_credit| 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 | $3.47B | $3.33B | $3.24B | $2.62B | $2.54B | $2.16B | $2.13B | $1.86B | $1.59B | $1.53B | $1.51B | $1.49B | $1.27B | $979.00M | $908.00M | $811.00M | $780.00M | $691.00M | $569.00M | $461.00M |
| QoQ Change | — | -3.8% | -2.9% | -19.2% | -2.8% | -14.9% | -1.7% | -12.5% | -14.4% | -4.0% | -1.1% | -1.3% | -14.9% | -22.9% | -7.3% | -10.7% | -3.8% | -11.4% | -17.7% | -19.0% |
| YoY Change | — | — | — | — | -26.7% | -35.1% | -34.4% | -28.9% | -37.4% | -29.4% | -28.9% | -19.8% | -20.2% | -35.9% | -39.9% | -45.6% | -38.5% | -29.4% | -37.3% | -43.2% |