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State Street STT Investment Servicing — Income before income tax expense

Other segment segments

Investment Management
$249M+50.9%

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 — income before income tax expense?
State Street (STT) reported investment servicing — income before income tax expense of $850M in Q1 2026.
How has State Street's investment servicing — income before income tax expense changed year-over-year?
State Street's investment servicing — income before income tax expense increased by 29.4% year-over-year, from $657M to $850M.
What is the long-term trend for State Street's investment servicing — income before income tax expense?
Over 4 years (2021 to 2025), State Street's investment servicing — income before income tax expense has grown at a 5.0% compound annual growth rate (CAGR), from $2.65B to $3.22B.
What does investment servicing — income before income tax expense mean?
This metric measures the profitability of the investment servicing segment before accounting for income tax obligations. It reflects the core earnings generated from providing custody, administration, and servicing solutions to institutional investors. This figure is a primary indicator of the segment's ability to generate value from its core service offerings.