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State Street STT Allowance for credit losses

Allowance for credit losses at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$25.93B+2.9%
Morgan Stanley logo
Morgan StanleyMS
$1.17B+3.6%
SouthState logo
SouthStateSSB
$585.88M-6.1%
Axos Financial logo
Axos FinancialAX
$346.7M+23.8%
Charles Schwab Corporation logo
Charles Schwab CorporationSCHW

Other financials

Income statement

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Revenue$3.8B+15.6%
Net income$764.0M+18.6%
EPS (diluted)$2.49+22.1%

Balance sheet

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Cash & equivalents$6.5B+39.9%
Total debt$25.2B+1.6%
Total equity$27.7B+3.9%
Total assets$392.17B+5.2%

Cash flow

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Operating cash flow-$12.1B-607%
CapEx$270.0M+19.5%
Free cash flow-$12.4B-672%

Valuation

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Market cap$46.94B+57.2%
Enterprise value$65.65B+27.0%
P/E15.3×+4.8×
P/S3.3×+1.0×

Profitability

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Net margin21.2%-0.6pp
FCF margin-25.9%

Returns & leverage

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Return on equity11.3%0.0pp
Debt / equity0.9×0.0×

Where this comes from

Reported directly by State Street in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.

The official record: State Street’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is State Street's allowance for credit losses?
State Street (STT) reported allowance for credit losses of $168M in Q1 2026.
How has State Street's allowance for credit losses changed year-over-year?
State Street's allowance for credit losses decreased by 4.5% year-over-year, from $176M to $168M.
What is the long-term trend for State Street's allowance for credit losses?
Over 4 years (2021 to 2025), State Street's allowance for credit losses has grown at a 22.0% compound annual growth rate (CAGR), from $87M to $193M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.