State Street STT Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Investment Management | $2.78B+16.3% | $2.63B+12.4% | $2.53B+12.1% | $2.45B+11.8% | $2.39B+12.4% | |
| Investment Servicing | $11.7B+8.7% | $11.33B+6.3% | $11.18B+7.8% | $10.98B+8.0% | $10.76B+6.0% | |
| Total other income by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | —— | |
| Investment Servicing | $5M— | $4M— | $2M— | $2M— | —— | |
| Net Interest Income by Business | ||||||
| Investment Management | $13M-45.8% | $15M-37.5% | $19M-20.8% | $22M+4.8% | $24M+20.0% | |
| Investment Servicing | $3.07B+5.9% | $2.95B+1.6% | $2.89B+2.1% | $2.89B+5.9% | $2.9B+7.7% | |
| Other by Business | ||||||
| Investment Management | $929M+10.5% | $904M+7.5% | $866M+7.5% | $851M+9.1% | $841M+9.3% | |
| Investment Servicing | $992M-3.0% | $1B-3.8% | $1.02B+1.1% | $1.02B-1.1% | $1.02B+0.6% | |
| Noninterest Income by Business | ||||||
| Investment Management | $2.77B+17.0% | $2.62B+12.9% | $2.52B+12.5% | $2.43B+11.9% | $2.37B+12.4% | |
| Investment Servicing | $8.63B+9.8% | $8.38B+8.1% | $8.29B+9.9% | $8.08B+8.7% | $7.86B+5.3% | |
| Income before income tax expense by Business | ||||||
| Investment Management | $943M+30.4% | $859M+24.7% | $816M+31.4% | $752M+27.9% | $723M+31.2% | |
| Investment Servicing | $3.41B+15.4% | $3.22B+11.1% | $3.15B+13.9% | $3.04B+13.3% | $2.95B+8.4% | |
| Pre-tax margin by Business | ||||||
| Investment Management | 103.6%+13.4pp | 97.6%+11.4pp | 97.4%— | 91.9%— | 90.2%— | |
| Investment Servicing | 87%+6.4pp | 83%+3.4pp | 83.4%+3.4pp | 81.4%+2.4pp | 80.6%-0.4pp | |
| Other fee revenue by Business | ||||||
| Investment Management | $34M+30.8% | $27M-22.9% | $29M-31.0% | $29M-14.7% | $26M+4.0% | |
| Investment Servicing | $277M+12.6% | $276M+46.8% | $281M+89.9% | $261M+85.1% | $246M+53.8% | |
| Noninterest Expense by Business | ||||||
| Investment Management | $1.84B+10.2% | $1.78B+7.3% | $1.72B+4.8% | $1.7B+5.9% | $1.67B+5.8% | |
| Investment Servicing | $8.23B+6.2% | $8.06B+4.8% | $7.96B+5.9% | $7.86B+5.8% | $7.74B+4.7% | |
| Securities finance by Business | ||||||
| Investment Management | $24M+4.3% | $24M+4.3% | $23M0.0% | $23M0.0% | $23M-4.2% | |
| Investment Servicing | $483M+11.5% | $481M+15.9% | $473M+20.1% | $451M+18.4% | $433M+11.3% | |
| Software services by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $871M+3.8% | $860M-3.2% | $898M+3.7% | $879M+3.9% | $839M-1.6% | |
| Foreign exchange trading services by Business | ||||||
| Investment Management | $148M+28.7% | $145M+5.1% | $126M-12.5% | $121M-8.3% | $115M-9.4% | |
| Investment Servicing | $1.54B+20.3% | $1.44B+15.5% | $1.42B+19.0% | $1.36B+18.0% | $1.28B+13.3% | |
| Acquisitions by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $184.25M-23.5% | $243M+25.3% | $182.25M— | $126.5M— | $240.75M— | |
| Finite-Lived Intangible Assets, Net by Business | ||||||
| Investment Management | $80M-25.9% | $88M-16.2% | $95M-10.4% | $102M-8.1% | $108M-10.0% | |
| Investment Servicing | $3.7B-16.0% | $3.87B-16.3% | $4.01B-17.2% | $4.21B-16.4% | $4.4B-16.2% | |
| Compensation and employee benefits expenses by Business | ||||||
| Investment Management | $620M+10.7% | $604M+9.0% | $585M+6.6% | $578M+6.6% | $560M+3.1% | |
| Investment Servicing | $4.3B+5.4% | $4.22B+3.5% | $4.17B+2.3% | $4.15B+1.5% | $4.08B-1.0% | |
| Average assets (in billions) by Business | ||||||
| Investment Management | $11B+13.4% | $10.5B+11.7% | $10.5B+4.0% | $10.1B+31.2% | $9.7B+76.4% | |
| Amortization of other intangible assets by Business | ||||||
| Investment Management | $8M— | $7M— | $7M— | —— | —— | |
| Investment Servicing | $218M— | $216M— | $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+7.8% | $5.32B+6.1% | $5.22B+5.5% | $5.13B+4.4% | $5.06B+2.6% | |
| Transaction processing services by Business | ||||||
| Investment Management | $187M+7.5% | $176M+1.1% | $172M-1.7% | $169M-4.0% | $174M-1.7% | |
| Investment Servicing | $888M+6.5% | $874M+6.1% | $867M+6.1% | $849M+6.1% | $834M+5.7% | |
| Provision for Credit Losses by Business | ||||||
| Investment Management | $0— | $0— | $0— | $0— | $0— | |
| Investment Servicing | $63M+5.0% | $59M-21.3% | $63M-24.1% | $80M+40.4% | $60M+107% | |
| Goodwill by Business | ||||||
| Investment Management | $1.07B+1.2% | $1.07B+1.1% | $1.06B+0.5% | $1.06B+0.6% | $1.06B+0.1% | |
| Investment Servicing | $31.04B+3.5% | $30.69B+3.0% | $30.22B+1.7% | $30.14B+2.6% | $29.98B+2.8% | |
| Information systems and communications by Business | ||||||
| Investment Management | $100M+9.9% | $91M+5.8% | $95M+18.0% | $97M+21.3% | $91M+6.4% | |
| Investment Servicing | $2.04B+13.3% | $1.96B+12.5% | $1.9B+13.1% | $1.85B+12.9% | $1.8B+13.2% | |
| All other revenue by Product | ||||||
| Account Servicing | $0— | $0— | $0— | $0— | $0— | |
| Foreign exchange trading services | $3M-80.0% | $3M-80.0% | $3M-80.0% | $18M— | $15M-92.1% | |
| Management fees | $0— | $0— | $0— | $0— | $0— | |
| Other fee revenue | $0-100% | $0-100% | $0-100% | $66M— | $66M+13.8% | |
| Securities finance | $0— | $0— | $0— | $0— | $0-100% | |
| Software services | $0— | $0— | $0— | $0— | $0-100% | |
| Topic 606 revenue by Product | ||||||
| Account Servicing | $5.46B+7.8% | $5.32B+40.5% | $5.22B-29.7% | $5.13B-16.8% | $5.06B-18.1% | |
| Foreign exchange trading services | $1.69B+19.9% | $1.59B+48.5% | $1.54B-21.8% | $1.5B-6.2% | $1.41B+2.1% | |
| Management fees | $2.56B+16.3% | $2.42B+50.1% | $2.34B-19.8% | $2.25B-5.7% | $2.2B-5.8% | |
| Other fee revenue | $311M-8.0% | $303M+26.8% | $310M-12.2% | $356M+56.1% | $338M+87.8% | |
| Securities finance | $507M+11.2% | $505M+47.7% | $496M-23.7% | $474M-11.2% | $456M-6.4% | |
| Software services | $847M+1.0% | $836M+22.8% | $874M-29.1% | $855M-16.6% | $839M-14.8% | |
| Total Revenue by Geography | ||||||
| Non-U.S. | $6.23B+12.8% | $5.94B+8.2% | $5.77B+6.9% | $5.61B+9.0% | $5.52B+7.1% | |
| U.S. | $8.23B+7.9% | $8.01B+6.6% | $7.92B+9.5% | $7.79B+12.6% | $7.62B+11.7% | |
| Income before income tax expense by Geography | ||||||
| Non-U.S. | $1.64B+17.5% | $1.49B+9.5% | $1.51B+26.5% | $1.4B+40.2% | $1.39B+29.1% | |
| U.S. | $2.24B+0.7% | $2.24B+10.2% | $2.26B+52.9% | $2.2B+74.2% | $2.23B+88.1% |
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.
