State Street STT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Investment Management | $741M+24.3% | $729M+15.9% | $684M+14.6% | $625M+10.2% | $596M+8.2% | |
| Investment Servicing | $3.06B+13.7% | $2.94B+5.6% | $2.86B+7.5% | $2.84B+8.4% | $2.69B+3.9% | |
| Total other income by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $1M— | $3M+200% | $1M0.0% | $0— | $0— | |
| Net Interest Income by Business | ||||||
| Investment Management | $3M-40.0% | $3M-57.1% | $4M-42.9% | $3M-40.0% | $5M0.0% | |
| Investment Servicing | $832M+17.3% | $799M+7.7% | $711M-0.7% | $726M-0.5% | $709M-0.3% | |
| Other by Business | ||||||
| Investment Management | $235M+11.9% | $260M+17.1% | $227M+7.1% | $207M+5.1% | $210M0.0% | |
| Investment Servicing | $214M-4.0% | $266M-7.6% | $252M+3.3% | $260M-3.0% | $223M-7.5% | |
| Noninterest Income by Business | ||||||
| Investment Management | $738M+24.9% | $726M+16.7% | $680M+15.3% | $622M+10.7% | $591M+8.2% | |
| Investment Servicing | $2.22B+12.3% | $2.14B+4.7% | $2.15B+10.5% | $2.12B+11.8% | $1.98B+5.5% | |
| Income before income tax expense by Business | ||||||
| Investment Management | $249M+50.9% | $242M+21.6% | $244M+35.6% | $208M+16.2% | $165M+26.0% | |
| Investment Servicing | $850M+29.4% | $882M+7.8% | $858M+15.2% | $819M+11.6% | $657M+10.1% | |
| Foreign currency translation and other, net by Business | ||||||
| Investment Management | -$1M-150% | —— | —— | $3M+400% | $2M+300% | |
| Investment Servicing | -$39M-156% | —— | —— | $152M+334% | $70M+267% | |
| Pre-tax margin by Business | ||||||
| Investment Management | 34%+6.0pp | 0.6%+0.2pp | 35.7%+5.5pp | 33.3%+1.7pp | 28%+4.0pp | |
| Investment Servicing | 28%+4.0pp | 0.2%-0.4pp | 30%+2.0pp | 28.8%+0.8pp | 24%+1.0pp | |
| Other fee revenue by Business | ||||||
| Investment Management | $5M+350% | $3M-40.0% | $11M0.0% | $15M+25.0% | -$2M-129% | |
| Investment Servicing | $102M+1.0% | $56M-8.2% | $68M+41.7% | $51M+41.7% | $101M+135% | |
| Noninterest Expense by Business | ||||||
| Investment Management | $492M+14.2% | $487M+13.3% | $440M+5.5% | $417M+7.5% | $431M+2.6% | |
| Investment Servicing | $2.19B+8.4% | $2.05B+4.9% | $1.99B+5.4% | $2B+6.1% | $2.02B+2.9% | |
| Securities finance by Business | ||||||
| Investment Management | $6M0.0% | $6M+20.0% | $5M0.0% | $7M0.0% | $6M0.0% | |
| Investment Servicing | $110M+1.9% | $121M+7.1% | $133M+19.8% | $119M+17.8% | $108M+20.0% | |
| Software services by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $169M+7.0% | $221M-14.7% | $227M+9.1% | $254M+18.7% | $158M-23.7% | |
| Foreign exchange trading services by Business | ||||||
| Investment Management | $3M— | $55M+52.8% | $52M+10.6% | $38M+18.8% | $0-100% | |
| Investment Servicing | $432M+28.2% | $350M+8.0% | $364M+16.7% | $390M+28.3% | $337M+9.4% | |
| Acquisitions by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $2M-96.7% | $60.75M— | $60.75M+1,115% | $60.75M-65.3% | $60.75M+334% | |
| Finite-Lived Intangible Assets, Net by Business | ||||||
| Investment Management | $17M-32.0% | $19M-26.9% | $21M-25.0% | $23M-20.7% | $25M+13.6% | |
| Investment Servicing | $855M-16.3% | $916M-13.8% | $937M-17.7% | $991M-16.0% | $1.02B-17.4% | |
| Compensation and employee benefits expenses by Business | ||||||
| Investment Management | $175M+10.1% | $154M+14.1% | $144M+5.1% | $147M+14.0% | $159M+3.9% | |
| Investment Servicing | $1.19B+7.6% | $1.07B+5.2% | $1.02B+2.1% | $1.03B+6.5% | $1.1B+0.4% | |
| Average assets (in billions) by Business | ||||||
| Investment Management | $3.9B+14.7% | $100M0.0% | $3.6B+12.5% | $3.4B+13.3% | $3.4B+9.7% | |
| Investment Servicing | $347.8B+4.2% | —— | $336.9B+8.2% | $350.4B+15.5% | $333.9B+13.0% | |
| Amortization of other intangible assets by Business | ||||||
| Investment Management | $2M+100% | $2M0.0% | $2M— | $2M-77.8% | $1M-80.0% | |
| Investment Servicing | $55M+3.8% | $55M+5.8% | $54M— | $54M-66.5% | $53M-3.6% | |
| Foreign currency translation by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | -$6M-155% | —— | —— | $24M+300% | $11M+222% | |
| Servicing fees by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $1.41B+10.5% | $1.39B+8.2% | $1.36B+7.2% | $1.3B+5.2% | $1.28B+3.8% | |
| Transaction processing services by Business | ||||||
| Investment Management | $53M+26.2% | $48M+9.1% | $47M+6.8% | $39M-11.4% | $42M0.0% | |
| Investment Servicing | $230M+6.5% | $208M+3.5% | $229M+8.5% | $221M+7.3% | $216M+4.9% | |
| Provision for Credit Losses by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $16M+33.3% | $8M-33.3% | $9M-65.4% | $30M+200% | $12M-55.6% | |
| Goodwill by Business | ||||||
| Investment Management | $267M+0.8% | $268M+1.9% | $268M+0.8% | $268M+1.5% | $265M+0.4% | |
| Investment Servicing | $7.85B+4.7% | $7.89B+6.2% | $7.65B+1.1% | $7.65B+2.2% | $7.5B+2.5% | |
| Information systems and communications by Business | ||||||
| Investment Management | $29M+45.0% | $25M-13.8% | $22M-8.3% | $24M+33.3% | $20M+33.3% | |
| Investment Servicing | $558M+17.0% | $508M+12.6% | $495M+12.8% | $481M+10.3% | $477M+14.4% | |
| 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— | $0-100% | $0— | $0— | |
| Securities finance | $0— | $0— | $0— | $0— | $0— | |
| Software services | $0— | $0— | $0— | $0— | $0— | |
| Total other income | $0— | $0— | $0+100% | —— | —— | |
| Topic 606 revenue by Product | ||||||
| Account Servicing | $1.41B+10.5% | $1.39B+8.2% | $1.36B+7.2% | $1.3B+5.2% | $1.28B— | |
| Foreign exchange trading services | $435M+29.1% | $405M+12.5% | $416M+11.2% | $431M+28.3% | $337M— | |
| Management fees | $724M+23.3% | $662M+14.9% | $612M+16.1% | $562M+10.0% | $587M— | |
| Other fee revenue | $107M+8.1% | $59M-10.6% | $79M-36.8% | $66M+37.5% | $99M— | |
| Securities finance | $116M+1.8% | $127M+7.6% | $138M+19.0% | $126M+16.7% | $114M— | |
| Software services | $169M+7.0% | $221M-14.7% | $227M+9.1% | $230M+7.5% | $158M— | |
| Total other income | $1M— | $4M+105% | $0— | —— | —— | |
| Total Revenue by Geography | ||||||
| Non-U.S. | $1.68B+21.3% | $1.58B+11.5% | $1.5B+12.3% | $1.47B+6.2% | $1.38B+2.8% | |
| U.S. | $2.12B+11.5% | $2.09B+4.7% | $2.04B+6.3% | $1.97B+9.5% | $1.9B+6.0% | |
| Income before income tax expense by Geography | ||||||
| Non-U.S. | $454M+46.9% | $390M-4.4% | $438M+34.4% | $356M+1.4% | $309M+10.8% | |
| U.S. | $515M+0.4% | $528M-4.3% | $664M+10.9% | $533M-5.0% | $513M+60.8% |
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.
