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State Street STT Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Total Revenue by Business
Investment Management$2.78B+5.5%$2.63B+3.9%$2.53B+3.6%$2.45B+2.4%$2.39B+1.9%
Investment Servicing$11.7B+3.2%$11.33B+1.4%$11.18B+1.8%$10.98B+2.0%$10.76B+0.9%
Total other income by Business
Investment Management$0$0$0$0
Investment Servicing$5M+25.0%$4M+100%$2M0.0%$2M
Net Interest Income by Business
Investment Management$13M-13.3%$15M-21.1%$19M-13.6%$22M-8.3%$24M0.0%
Investment Servicing$3.07B+4.2%$2.95B+2.0%$2.89B-0.2%$2.89B-0.1%$2.9B-0.1%
Other by Business
Investment Management$929M+2.8%$904M+4.4%$866M+1.8%$851M+1.2%$841M0.0%
Investment Servicing$992M-0.9%$1B-2.2%$1.02B+0.8%$1.02B-0.8%$1.02B-1.7%
Noninterest Income by Business
Investment Management$2.77B+5.6%$2.62B+4.1%$2.52B+3.7%$2.43B+2.5%$2.37B+1.9%
Investment Servicing$8.63B+2.9%$8.38B+1.2%$8.29B+2.5%$8.08B+2.9%$7.86B+1.3%
Income before income tax expense by Business
Investment Management$943M+9.8%$859M+5.3%$816M+8.5%$752M+4.0%$723M+4.9%
Investment Servicing$3.41B+6.0%$3.22B+2.0%$3.15B+3.7%$3.04B+2.9%$2.95B+2.1%
Pre-tax margin by Business
Investment Management103.6%+6.0pp97.6%+0.2pp97.4%+5.5pp91.9%+1.7pp90.2%+4.0pp
Investment Servicing87%+4.0pp83%-0.4pp83.4%+2.0pp81.4%+0.8pp80.6%+1.0pp
Other fee revenue by Business
Investment Management$34M+25.9%$27M-6.9%$29M0.0%$29M+11.5%$26M-25.7%
Investment Servicing$277M+0.4%$276M-1.8%$281M+7.7%$261M+6.1%$246M+30.9%
Noninterest Expense by Business
Investment Management$1.84B+3.4%$1.78B+3.3%$1.72B+1.4%$1.7B+1.7%$1.67B+0.7%
Investment Servicing$8.23B+2.1%$8.06B+1.2%$7.96B+1.3%$7.86B+1.5%$7.74B+0.7%
Securities finance by Business
Investment Management$24M0.0%$24M+4.3%$23M0.0%$23M0.0%$23M0.0%
Investment Servicing$483M+0.4%$481M+1.7%$473M+4.9%$451M+4.2%$433M+4.3%
Software services by Business
Investment Management$0$0$0$0$0
Investment Servicing$871M+1.3%$860M-4.2%$898M+2.2%$879M+4.8%$839M-5.5%
Foreign exchange trading services by Business
Investment Management$148M+2.1%$145M+15.1%$126M+4.1%$121M+5.2%$115M-16.7%
Investment Servicing$1.54B+6.6%$1.44B+1.8%$1.42B+3.8%$1.36B+6.7%$1.28B+2.3%
Acquisitions by Business
Investment Management$0$0$0$0$0
Investment Servicing$184.25M-24.2%$243M+33.3%$182.25M+44.1%$126.5M-47.5%$240.75M+24.1%
Finite-Lived Intangible Assets, Net by Business
Investment Management$80M-9.1%$88M-7.4%$95M-6.9%$102M-5.6%$108M+2.9%
Investment Servicing$3.7B-4.3%$3.87B-3.7%$4.01B-4.8%$4.21B-4.3%$4.4B-4.7%
Compensation and employee benefits expenses by Business
Investment Management$620M+2.6%$604M+3.2%$585M+1.2%$578M+3.2%$560M+1.1%
Investment Servicing$4.3B+2.0%$4.22B+1.3%$4.17B+0.5%$4.15B+1.5%$4.08B+0.1%
Average assets (in billions) by Business
Investment Management$11B+4.8%$10.5B0.0%$10.5B+4.0%$10.1B+4.1%$9.7B+3.2%
Amortization of other intangible assets by Business
Investment Management$8M+14.3%$7M0.0%$7M
Investment Servicing$218M+0.9%$216M+1.4%$213M
Foreign currency translation by Business
Investment Management$0$0$0$0$0
Servicing fees by Business
Investment Management$0$0$0$0$0
Investment Servicing$5.46B+2.5%$5.32B+2.0%$5.22B+1.8%$5.13B+1.3%$5.06B+0.9%
Transaction processing services by Business
Investment Management$187M+6.3%$176M+2.3%$172M+1.8%$169M-2.9%$174M0.0%
Investment Servicing$888M+1.6%$874M+0.8%$867M+2.1%$849M+1.8%$834M+1.2%
Provision for Credit Losses by Business
Investment Management$0$0$0$0$0
Investment Servicing$63M+6.8%$59M-6.3%$63M-21.3%$80M+33.3%$60M-20.0%
Goodwill by Business
Investment Management$1.07B+0.2%$1.07B+0.5%$1.06B+0.2%$1.06B+0.4%$1.06B+0.1%
Investment Servicing$31.04B+1.2%$30.69B+1.5%$30.22B+0.3%$30.14B+0.5%$29.98B+0.6%
Information systems and communications by Business
Investment Management$100M+9.9%$91M-4.2%$95M-2.1%$97M+6.6%$91M+5.8%
Investment Servicing$2.04B+4.1%$1.96B+3.0%$1.9B+3.0%$1.85B+2.5%$1.8B+3.4%
All other revenue by Product
Account Servicing$0$0$0$0$0
Foreign exchange trading services$3M0.0%$3M0.0%$3M-83.3%$18M+20.0%$15M0.0%
Management fees$0$0$0$0$0
Other fee revenue$0$0$0-100%$66M0.0%$66M0.0%
Securities finance$0$0$0$0$0
Software services$0$0$0$0$0
Topic 606 revenue by Product
Account Servicing$5.46B+2.5%$5.32B+2.0%$5.22B+1.8%$5.13B+1.3%$5.06B+33.7%
Foreign exchange trading services$1.69B+6.2%$1.59B+2.9%$1.54B+2.8%$1.5B+6.8%$1.41B+31.5%
Management fees$2.56B+5.7%$2.42B+3.7%$2.34B+3.8%$2.25B+2.3%$2.2B+36.4%
Other fee revenue$311M+2.6%$303M-2.3%$310M-12.9%$356M+5.3%$338M+41.4%
Securities finance$507M+0.4%$505M+1.8%$496M+4.6%$474M+3.9%$456M+33.3%
Software services$847M+1.3%$836M-4.3%$874M+2.2%$855M+1.9%$839M+23.2%
Total Revenue by Geography
Non-U.S.$6.23B+5.0%$5.94B+2.8%$5.77B+2.9%$5.61B+1.6%$5.52B+0.7%
U.S.$8.23B+2.7%$8.01B+1.2%$7.92B+1.6%$7.79B+2.2%$7.62B+1.4%
Income before income tax expense by Geography
Non-U.S.$1.64B+9.7%$1.49B-1.2%$1.51B+8.0%$1.4B+0.4%$1.39B+2.2%
U.S.$2.24B+0.1%$2.24B-1.1%$2.26B+3.0%$2.2B-1.3%$2.23B+9.6%

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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.