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State Street STT Investment Servicing — Compensation and employee benefits expenses

Other segment segments

Investment Management
$175M+10.1%

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BURAsset Management and Other Services — Compensation and benefits
$6.68M+27.1%

Other financials

Income statement

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Revenue$3.8B+15.6%
Net income$764.0M+18.6%
EPS (diluted)$2.49+22.1%

Balance sheet

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Cash & equivalents$6.5B+39.9%
Total debt$25.2B+1.6%
Total equity$27.7B+3.9%
Total assets$392.17B+5.2%

Cash flow

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Operating cash flow-$12.1B-607%
CapEx$270.0M+19.5%
Free cash flow-$12.4B-672%

Valuation

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Market cap$46.53B+58.6%
Enterprise value$65.24B+27.3%
P/E15.2×+4.9×
P/S3.2×+1.0×

Profitability

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Net margin21.2%-0.6pp
FCF margin-25.9%

Returns & leverage

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Return on equity11.3%0.0pp
Debt / equity0.9×0.0×

Where this comes from

Reported directly by State Street in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: State Street’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is State Street's investment servicing — compensation and employee benefits expenses?
State Street (STT) reported investment servicing — compensation and employee benefits expenses of $1.19B in Q1 2026.
How has State Street's investment servicing — compensation and employee benefits expenses changed year-over-year?
State Street's investment servicing — compensation and employee benefits expenses increased by 7.6% year-over-year, from $1.1B to $1.19B.
What is the long-term trend for State Street's investment servicing — compensation and employee benefits expenses?
Over 3 years (2022 to 2025), State Street's investment servicing — compensation and employee benefits expenses has grown at a 2.7% compound annual growth rate (CAGR), from $3.9B to $4.22B.
What does investment servicing — compensation and employee benefits expenses mean?
The total cost of salaries, bonuses, benefits, and related personnel expenses for staff dedicated to the investment servicing segment. As a service-heavy business, this is typically the largest operating expense. It reflects the human capital investment required to maintain and scale custodial operations.