What is State Street's interest expense on short-term borrowings?

State Street (STT) reported interest expense on short-term borrowings of $39.00M in Q1 2026.

What does interest expense on short-term borrowings mean?

Interest costs paid on short-term loans and borrowings.

Interest Expense on Short-Term Borrowings

State Street Interest Expense on Short-Term Borrowings decreased by 71.1% to $39.00M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionCost of Revenue

CategoryEfficiency

SignalLower is better

VolatilityVolatile

First reportedQ1 2025

Last reportedQ1 2026Apr 29, 2026

How to read this metric

Rising costs may indicate increased reliance on short-term wholesale funding or higher market rates for liquidity.

Detailed definition

This metric tracks the interest costs associated with short-term liabilities, such as federal funds purchased, repurchas...

Peer comparison

Standard for banks; peers often group this under 'Interest Expense on Short-Term Borrowings'.

Metric ID: bac_interest_expense_short_term_borrowings

Historical Data

2 periods

	Q1 '25	Q1 '26
Value	$135.00M	$39.00M
QoQ Change	—	-71.1%
YoY Change	—	-71.1%

Range$39.00M – $135.00M

Avg YoY Growth-71.1%

Median YoY Growth-71.1%

Interest Expense on Short-Term Borrowings at Other Companies

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Frequently Asked Questions

What is State Street's interest expense on short-term borrowings?: State Street (STT) reported interest expense on short-term borrowings of $39.00M in Q1 2026.
What does interest expense on short-term borrowings mean?: Interest costs paid on short-term loans and borrowings.