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State Street STT Investment Servicing — Noninterest Expense

Other segment segments

Investment Management
$492M+14.2%

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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:NoninterestExpense.

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 — noninterest expense?
State Street (STT) reported investment servicing — noninterest expense of $2.19B in Q1 2026.
How has State Street's investment servicing — noninterest expense changed year-over-year?
State Street's investment servicing — noninterest expense increased by 8.4% year-over-year, from $2.02B to $2.19B.
What is the long-term trend for State Street's investment servicing — noninterest expense?
Over 4 years (2021 to 2025), State Street's investment servicing — noninterest expense has grown at a 2.9% compound annual growth rate (CAGR), from $7.18B to $8.06B.
What does investment servicing — noninterest expense mean?
This metric represents the total operating costs, excluding interest-related expenses, incurred by the investment servicing business segment. It captures the operational overhead, including technology, personnel, and administrative costs required to provide custody, fund accounting, and related services to institutional clients. Monitoring this expense is critical for evaluating the segment's operational efficiency and cost-management discipline.