Income StatementBalance SheetCash FlowSegments
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State Street Business Segments

Business, geographic, and product segment breakdowns

State Street generates $14.5B in annual revenue across 2 key segments: Investment Management ($34.0M), and Investment Servicing ($277.0M). Based on the Q1 2026 filing.

Investment Management (TTM)$34.0MInvestment Servicing (TTM)$277.0M
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$42.0B
P/E Ratio13.69
ROE11.26%

Products & Services

All other revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Account Servicing$0.0$0.0$0.0$0.0$0.0$0.0
Foreign exchange trading services—$0.0$3.0M$0.0$0.0$0.0
Management fees$0.0$0.0$0.0$0.0$0.0$0.0
Other fee revenue—$0.0$0.0$0.0$0.0$0.0
Securities finance-$62.0M$0.0$0.0$0.0$0.0$0.0
Software services-$52.0M$0.0$0.0$0.0$0.0$0.0
Total other income———$0.0—$0.0

Topic 606 revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Account Servicing$3.8B$1.3B$1.3B$1.4B$1.4B$1.4B
Management fees$1.6B$587.0M$562.0M$612.0M$637.0M$724.0M
Foreign exchange trading services$1.3B$0.0$431.0M$416.0M$767.0M$435.0M
Software services$726.0M$158.0M$230.0M$227.0M$288.0M$169.0M
Securities finance$392.0M$114.0M$126.0M$138.0M$127.0M$116.0M
Other fee revenue$289.0M$0.0$66.0M$79.0M$91.0M$107.0M
Total other income———$0.0—$1.0M

Percentage of consolidated revenues by segment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing and Management Services17.5%17.5%17.5%17.5%17.5%—
Processing and Other Services7.5%7.5%7.5%7.5%7.5%—

Geographic

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total Assets$88.4B$85.7B$100.5B$94.4B$95.7B$94.2B
Total Revenue$1.4B$1.4B$1.5B$1.5B$1.6B$1.7B
Income before income tax expense$420.0M$309.0M$356.0M$438.0M$390.0M$454.0M
Service fees, percent—47.0%48.0%-47.0%—49.0%
Management fees, percent—25.0%26.0%25.0%—23.0%

Business Segments

Acquisitions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$0.0$60.8M$60.8M$60.8M$60.8M$2.0M
Investment Management$0.0$0.0$0.0$0.0$0.0$0.0

Amortization of other intangible assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$52.0M$53.0M$54.0M$54.0M$55.0M$55.0M
Investment Management$2.0M$1.0M$2.0M$2.0M$2.0M$2.0M

Average assets (in billions)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing—$333.9B$350.4B$336.9B—$347.8B
Investment Management—$3.4B$3.4B$3.6B—$3.9B

Compensation and employee benefits expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$1.0B$1.1B$1.0B$1.0B$1.1B$1.2B
Investment Management$136.0M$159.0M$147.0M$144.0M$154.0M$175.0M

Finite-Lived Intangible Assets, Net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$1.1B$1.0B$991.0M$937.0M$916.0M$855.0M
Investment Management$26.0M$25.0M$23.0M$21.0M$19.0M$17.0M

Foreign currency translation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing-$23.0M$11.0M$24.0M$0.0$0.0-$6.0M
Investment Management$0.0$0.0$0.0$0.0$0.0$0.0

Foreign currency translation and other, net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing-$134.0M$70.0M$152.0M-$2.0M$0.0-$39.0M
Investment Management-$3.0M$2.0M$3.0M$0.0$0.0-$1.0M

Foreign exchange trading services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$324.0M$337.0M$390.0M$364.0M$350.0M$432.0M
Investment Management$36.0M$25.0M$38.0M$52.0M$55.0M$3.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$7.4B$7.5B$7.7B$7.6B$7.9B$7.9B
Investment Management$263.0M$265.0M$268.0M$268.0M$268.0M$267.0M

Income before income tax expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$818.0M$657.0M$819.0M$858.0M$882.0M$850.0M
Investment Management$199.0M$165.0M$208.0M$244.0M$242.0M$249.0M

Information systems and communications

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$451.0M$477.0M$481.0M$495.0M$507.0M$558.0M
Investment Management$29.0M$20.0M$24.0M$22.0M$26.0M$29.0M

Management fees

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Management$576.0M$562.0M$562.0M$612.0M$662.0M$724.0M

Net Interest Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$742.0M$709.0M$726.0M$711.0M$799.0M$832.0M
Investment Management$7.0M$5.0M$3.0M$4.0M$3.0M$3.0M

Noninterest Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$2.0B$2.0B$2.0B$2.0B$2.0B$2.2B
Investment Management$430.0M$431.0M$417.0M$440.0M$487.0M$492.0M

Noninterest Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$2.0B$2.0B$2.1B$2.1B$2.1B$2.2B
Investment Management$622.0M$591.0M$622.0M$680.0M$726.0M$738.0M

Other

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Management$222.0M$210.0M$207.0M$227.0M$260.0M$235.0M
Investment Servicing$288.0M$223.0M$260.0M$252.0M$266.0M$214.0M

Other fee revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$61.0M$34.0M$51.0M$68.0M$56.0M$102.0M
Investment Management$5.0M-$2.0M$15.0M$11.0M$3.0M$5.0M

Pre-tax margin

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Management—28.0%33.3%35.7%—34.0%
Investment Servicing—24.0%28.8%30.0%—28.0%

Provision for Credit Losses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$12.0M$12.0M$30.0M$9.0M$8.0M$16.0M
Investment Management$0.0$0.0$0.0$0.0$0.0$0.0

Securities finance

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$113.0M$108.0M$119.0M$133.0M$121.0M$110.0M
Investment Management$5.0M$6.0M$7.0M$5.0M$6.0M$6.0M

Servicing fees

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$1.3B$1.3B$1.3B$1.4B$1.4B$1.4B
Investment Management$0.0$0.0$0.0$0.0$0.0$0.0

Software services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$259.0M$225.0M$254.0M$227.0M$221.0M$169.0M
Investment Management$0.0$0.0$0.0$0.0$0.0$0.0

Total other income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing—$0.0—$1.0M—$1.0M
Investment Management—$0.0—$0.0—$0.0

Total Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$2.8B$2.7B$2.8B$2.9B$2.9B$3.1B
Investment Management$629.0M$596.0M$625.0M$684.0M$729.0M$741.0M

Transaction processing services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$202.0M$216.0M$221.0M$229.0M$209.0M$230.0M
Investment Management$43.0M$42.0M$39.0M$47.0M$47.0M$53.0M

Expected revenue, percentage

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Software License Sales & SaaS—50.0%50.0%50.0%—50.0%

Remaining performance obligation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Software License Sales & SaaS$1.9B$2.3B$2.2B$2.1B$2.1B$2.1B