State Street STT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Investment Management | $741M+1.6% | $729M+6.6% | $684M+9.4% | $625M+4.9% | $596M-5.2% | |
| Investment Servicing | $3.06B+4.0% | $2.94B+2.7% | $2.86B+0.6% | $2.84B+5.8% | $2.69B-3.4% | |
| Total other income by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $1M-66.7% | $3M+200% | $1M— | $0— | $0-100% | |
| Net Interest Income by Business | ||||||
| Investment Management | $3M0.0% | $3M-25.0% | $4M+33.3% | $3M-40.0% | $5M-28.6% | |
| Investment Servicing | $832M+4.1% | $799M+12.4% | $711M-2.1% | $726M+2.4% | $709M-4.4% | |
| Other by Business | ||||||
| Investment Management | $235M-9.6% | $260M+14.5% | $227M+9.7% | $207M-1.4% | $210M-5.4% | |
| Investment Servicing | $214M-19.5% | $266M+5.6% | $252M-3.1% | $260M+16.6% | $223M-22.6% | |
| Noninterest Income by Business | ||||||
| Investment Management | $738M+1.7% | $726M+6.8% | $680M+9.3% | $622M+5.2% | $591M-5.0% | |
| Investment Servicing | $2.22B+4.0% | $2.14B-0.6% | $2.15B+1.5% | $2.12B+7.0% | $1.98B-3.0% | |
| Income before income tax expense by Business | ||||||
| Investment Management | $249M+2.9% | $242M-0.8% | $244M+17.3% | $208M+26.1% | $165M-17.1% | |
| Investment Servicing | $850M-3.6% | $882M+2.8% | $858M+4.8% | $819M+24.7% | $657M-19.7% | |
| Foreign currency translation and other, net by Business | ||||||
| Investment Management | -$1M— | —— | —— | $3M+50.0% | $2M+167% | |
| Investment Servicing | -$39M— | —— | —— | $152M+117% | $70M+152% | |
| Pre-tax margin by Business | ||||||
| Investment Management | 34%+33.4pp | 0.6%-35.1pp | 35.7%+2.4pp | 33.3%+5.3pp | 28%+27.6pp | |
| Investment Servicing | 28%+27.8pp | 0.2%-29.8pp | 30%+1.2pp | 28.8%+4.8pp | 24%+23.4pp | |
| Other fee revenue by Business | ||||||
| Investment Management | $5M+66.7% | $3M-72.7% | $11M-26.7% | $15M+850% | -$2M-140% | |
| Investment Servicing | $102M+82.1% | $56M-17.6% | $68M+33.3% | $51M-49.5% | $101M+65.6% | |
| Noninterest Expense by Business | ||||||
| Investment Management | $492M+1.0% | $487M+10.7% | $440M+5.5% | $417M-3.2% | $431M+0.2% | |
| Investment Servicing | $2.19B+6.9% | $2.05B+2.7% | $1.99B-0.1% | $2B-1.2% | $2.02B+3.4% | |
| Securities finance by Business | ||||||
| Investment Management | $6M0.0% | $6M+20.0% | $5M-28.6% | $7M+16.7% | $6M+20.0% | |
| Investment Servicing | $110M-9.1% | $121M-9.0% | $133M+11.8% | $119M+10.2% | $108M-4.4% | |
| Software services by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $169M-23.5% | $221M-2.6% | $227M-10.6% | $254M+60.8% | $158M-39.0% | |
| Foreign exchange trading services by Business | ||||||
| Investment Management | $3M-94.5% | $55M+5.8% | $52M+36.8% | $38M— | $0-100% | |
| Investment Servicing | $432M+23.4% | $350M-3.8% | $364M-6.7% | $390M+15.7% | $337M+4.0% | |
| Acquisitions by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $2M-96.7% | $60.75M0.0% | $60.75M0.0% | $60.75M0.0% | $60.75M— | |
| Finite-Lived Intangible Assets, Net by Business | ||||||
| Investment Management | $17M-10.5% | $19M-9.5% | $21M-8.7% | $23M-8.0% | $25M-3.8% | |
| Investment Servicing | $855M-6.7% | $916M-2.2% | $937M-5.4% | $991M-2.9% | $1.02B-4.0% | |
| Compensation and employee benefits expenses by Business | ||||||
| Investment Management | $175M+13.6% | $154M+6.9% | $144M-2.0% | $147M-7.5% | $159M+17.8% | |
| Investment Servicing | $1.19B+11.4% | $1.07B+4.7% | $1.02B-1.5% | $1.03B-6.3% | $1.1B+8.9% | |
| Average assets (in billions) by Business | ||||||
| Investment Management | $3.9B+3,800% | $100M-97.2% | $3.6B+5.9% | $3.4B0.0% | $3.4B+3,300% | |
| Investment Servicing | $347.8B— | —— | $336.9B-3.9% | $350.4B+4.9% | $333.9B+6,447% | |
| Amortization of other intangible assets by Business | ||||||
| Investment Management | $2M0.0% | $2M0.0% | $2M0.0% | $2M+100% | $1M-50.0% | |
| Investment Servicing | $55M0.0% | $55M+1.9% | $54M0.0% | $54M+1.9% | $53M+1.9% | |
| Foreign currency translation by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | -$6M— | —— | —— | $24M+118% | $11M+148% | |
| Servicing fees by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $1.41B+1.5% | $1.39B+2.3% | $1.36B+4.1% | $1.3B+2.3% | $1.28B-0.6% | |
| Transaction processing services by Business | ||||||
| Investment Management | $53M+10.4% | $48M+2.1% | $47M+20.5% | $39M-7.1% | $42M-4.5% | |
| Investment Servicing | $230M+10.6% | $208M-9.2% | $229M+3.6% | $221M+2.3% | $216M+7.5% | |
| Provision for Credit Losses by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $16M+100% | $8M-11.1% | $9M-70.0% | $30M+150% | $12M0.0% | |
| Goodwill by Business | ||||||
| Investment Management | $267M-0.4% | $268M0.0% | $268M0.0% | $268M+1.1% | $265M+0.8% | |
| Investment Servicing | $7.85B-0.5% | $7.89B+3.2% | $7.65B0.0% | $7.65B+2.0% | $7.5B+0.9% | |
| Information systems and communications by Business | ||||||
| Investment Management | $29M+16.0% | $25M+13.6% | $22M-8.3% | $24M+20.0% | $20M-31.0% | |
| Investment Servicing | $558M+9.8% | $508M+2.6% | $495M+2.9% | $481M+0.8% | $477M+5.8% | |
| All other revenue by Product | ||||||
| Account Servicing | $0— | $0— | $0— | $0— | $0— | |
| Foreign exchange trading services | $0— | $0— | $0-100% | $3M— | $0— | |
| Management fees | $0— | $0— | $0— | $0— | $0— | |
| Other fee revenue | $0— | $0— | $0— | $0— | $0— | |
| Securities finance | $0— | $0— | $0— | $0— | $0— | |
| Software services | $0— | $0— | $0— | $0— | $0— | |
| Total other income | $0— | $0— | $0— | —— | —— | |
| Topic 606 revenue by Product | ||||||
| Account Servicing | $1.41B+1.5% | $1.39B+2.3% | $1.36B+4.1% | $1.3B+2.3% | $1.28B-0.6% | |
| Foreign exchange trading services | $435M+7.4% | $405M-2.6% | $416M-3.5% | $431M+27.9% | $337M-6.4% | |
| Management fees | $724M+9.4% | $662M+8.2% | $612M+8.9% | $562M-4.3% | $587M+1.9% | |
| Other fee revenue | $107M+81.4% | $59M-25.3% | $79M+19.7% | $66M-33.3% | $99M+50.0% | |
| Securities finance | $116M-8.7% | $127M-8.0% | $138M+9.5% | $126M+10.5% | $114M-3.4% | |
| Software services | $169M-23.5% | $221M-2.6% | $227M-1.3% | $230M+45.6% | $158M-39.0% | |
| Total other income | $1M-75.0% | $4M— | $0— | —— | —— | |
| Total Revenue by Geography | ||||||
| Non-U.S. | $1.68B+6.3% | $1.58B+4.8% | $1.5B+2.0% | $1.47B+6.7% | $1.38B-2.3% | |
| U.S. | $2.12B+1.4% | $2.09B+2.4% | $2.04B+3.4% | $1.97B+3.8% | $1.9B-4.8% | |
| Income before income tax expense by Geography | ||||||
| Non-U.S. | $454M+16.4% | $390M-11.0% | $438M+23.0% | $356M+15.2% | $309M-24.3% | |
| U.S. | $515M-2.5% | $528M-20.5% | $664M+24.6% | $533M+3.9% | $513M-7.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does State Street break its business down?
- State Street (STT) reports total revenue by business across 2 parts — Investment Management and Investment Servicing. Each is extracted from the segment footnotes and tracked over time.
- Where does State Street's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in State Street's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
