Other

Noninterest Expense

State Street Noninterest Expense increased by 2.6% to $2.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.7%, from $2.45B to $2.81B. Over 4 years (FY 2021 to FY 2025), Noninterest Expense shows an upward trend with a 3.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase relative to revenue indicates declining operational efficiency, whereas a decrease suggests successful cost management or improved economies of scale.

Detailed definition

This metric aggregates all operating costs that are not related to interest-bearing liabilities, providing a comprehensi...

Peer comparison

Standardized across the banking industry as a primary measure of non-interest operating costs.

Metric ID: other_noninterest_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.11B$2.12B$2.33B$2.33B$2.11B$2.11B$2.26B$2.37B$2.21B$2.18B$2.82B$2.51B$2.27B$2.31B$2.44B$2.45B$2.53B$2.43B$2.74B$2.81B
QoQ Change+0.2%+10.1%-0.1%-9.4%+0.1%+6.9%+5.0%-6.6%-1.4%+29.4%-10.9%-9.7%+1.7%+5.7%+0.4%+3.2%-3.8%+12.6%+2.6%
YoY Change-0.1%-0.3%-3.2%+1.8%+4.9%+3.3%+25.1%+6.1%+2.6%+5.9%-13.5%-2.5%+11.5%+5.5%+12.3%+14.7%
Range$2.11B$2.82B
CAGR+6.2%
Avg YoY Growth+4.6%
Median YoY Growth+4.1%
Current Streak2 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Servicing$1.88B$1.89B$1.95B$2.02B$2.00B$1.99B$2.05B$2.19B
Investment Management$388.00M$417.00M$430.00M$431.00M$417.00M$440.00M$487.00M$492.00M
Total$2.27B$2.31B$2.44B$2.45B$2.53B$2.43B$2.74B$2.81B

Frequently Asked Questions

What is State Street's noninterest expense?
State Street (STT) reported noninterest expense of $2.81B in Q1 2026.
How has State Street's noninterest expense changed year-over-year?
State Street's noninterest expense increased by 14.7% year-over-year, from $2.45B to $2.81B.
What is the long-term trend for State Street's noninterest expense?
Over 4 years (2021 to 2025), State Street's noninterest expense has grown at a 3.4% compound annual growth rate (CAGR), from $8.89B to $10.15B.
What does noninterest expense mean?
The total operating expenses incurred by the company excluding interest-related costs.