STATE STREET CORP

STT 10-Q · Q2 2025

STT Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 3,448 3,191 +8.1%
Show Product Lines breakouts
Account Servicing [Member] 1,304 1,239 +5.2%
Account Servicing [Member] · Investment Servicing 1,304 1,239 +5.2%
Foreign exchange trading services 431 336 +28.3%
Foreign exchange trading services · Investment Management 38 32 +18.8%
Foreign exchange trading services · Investment Servicing 390 304 +28.3%
Foreign exchange trading services · Material Reconciling Items 3
Management fees 562 511 +10.0%
Management fees · Investment Management 562 511 +10.0%
Net interest income 729 735 -0.8%
Net interest income · Investment Management 3 5 -40.0%
Net interest income · Investment Servicing 726 730 -0.5%
Other fee revenue 66 48 +37.5%
Other fee revenue · Investment Management 15 12 +25.0%
Other fee revenue · Investment Servicing 51 36 +41.7%
Securities finance 126 108 +16.7%
Securities finance · Investment Management 7 7 0.0%
Securities finance · Investment Servicing 119 101 +17.8%
Software and processing fees 230 214 +7.5%
Software and processing fees · Investment Servicing 254 214 +18.7%
Software and processing fees · Material Reconciling Items -24
Total fee revenue 2,719 2,456 +10.7%
Total fee revenue · Investment Management 622 562 +10.7%
Total fee revenue · Investment Servicing 2,118 1,894 +11.8%
Total fee revenue · Material Reconciling Items -21
Total revenue 3,448 3,191 +8.1%
Total revenue · Investment Management 625 567 +10.2%
Total revenue · Investment Servicing 2,844 2,624 +8.4%
Total revenue · Material Reconciling Items -21
Show Business Segments breakouts
Investment Management · Operating Segments 625 567 +10.2%
Investment Servicing · Operating Segments 2,844 2,624 +8.4%
Show Geography breakouts
Non Us 1,474 1,388 +6.2%
US 1,974 1,803 +9.5%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 3 8 -62.5%
Show Consolidation Items breakouts
Material Reconciling Items -21
Revenue (Q)
Show Product Lines breakouts
Account Servicing [Member] · Investment Servicing 1,304 1,239 +5.2%
Foreign exchange trading services · Investment Management 38 32 +18.8%
Foreign exchange trading services · Investment Servicing 109 95 +14.7%
Management fees · Investment Management 562 511 +10.0%
Securities finance · Investment Servicing 52 46 +13.0%
Software and processing fees · Investment Servicing 208 162 +28.4%
Software and processing fees · Material Reconciling Items -24
Total fee revenue · Investment Management 600 543 +10.5%
Total fee revenue · Investment Servicing 1,673 1,542 +8.5%
Total fee revenue · Material Reconciling Items -24
Total revenue · Investment Management 600 543 +10.5%
Total revenue · Investment Servicing 1,673 1,542 +8.5%
Total revenue · Material Reconciling Items -24
Other Revenue (Q)
Show Product Lines breakouts
Foreign exchange trading services · Investment Servicing 281 209 +34.4%
Foreign exchange trading services · Material Reconciling Items 3
Net interest income · Investment Management 3 5 -40.0%
Net interest income · Investment Servicing 726 730 -0.5%
Other fee revenue · Investment Management 15 12 +25.0%
Other fee revenue · Investment Servicing 51 36 +41.7%
Securities finance · Investment Management 7 7 0.0%
Securities finance · Investment Servicing 67 55 +21.8%
Software and processing fees · Investment Servicing 46 52 -11.5%
Total fee revenue · Investment Management 22 19 +15.8%
Total fee revenue · Investment Servicing 445 352 +26.4%
Total fee revenue · Material Reconciling Items 3
Total revenue · Investment Management 25 24 +4.2%
Total revenue · Investment Servicing 1,171 1,082 +8.2%
Total revenue · Material Reconciling Items 3
Income Before Taxes 889 912 -2.5%
Show Business Segments breakouts
Investment Management · Operating Segments 208 179 +16.2%
Investment Servicing · Operating Segments 819 734 +11.6%
Show Geography breakouts
Non Us 356 351 +1.4%
US 533 561 -5.0%
Show Consolidation Items breakouts
Material Reconciling Items -138 -1 -13700.0%
Income Tax Expense (Benefit) 196 201 -2.5%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 9 14 -35.7%
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 10 15 -33.3%
Net Income 693 711 -2.5%
Show Equity Components breakouts
Retained Earnings 693 711 -2.5%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income -60 -82 +26.8%
Comprehensive Income 1,164 766 +52.0%
Other Comprehensive Income 471 55 +756.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 471 55 +756.4%
EPS (Basic) 2.2 2.18 +0.9%
EPS (Diluted) 2.17 2.15 +0.9%
Wtd Avg Shares (Basic) 286,281 300,564 -4.8%
Wtd Avg Shares (Diluted) 290,490 304,765 -4.7%
Interest And Dividend Income Operating 3,055 2,998 +1.9%
Occupancy Net 105 106 -0.9%
Net Income Loss Available To Common Stockholders Basic 630 655 -3.8%
Other Expenses 305 300 +1.7%
Communications And Information Technology 523 454 +15.2%
Show Business Segments breakouts
Investment Management · Operating Segments 24 18 +33.3%
Investment Servicing · Operating Segments 481 436 +10.3%
Show Consolidation Items breakouts
Material Reconciling Items 18
Noninterest Expense 2,529 2,269 +11.5%
Show Business Segments breakouts
Investment Management · Operating Segments 417 388 +7.5%
Investment Servicing · Operating Segments 1,995 1,880 +6.1%
Show Consolidation Items breakouts
Material Reconciling Items 117 1 +11600.0%
Noninterest Income 2,719 2,456 +10.7%
Show Business Segments breakouts
Investment Management · Operating Segments 622 562 +10.7%
Investment Servicing · Operating Segments 2,118 1,894 +11.8%
Show Consolidation Items breakouts
Material Reconciling Items -21
Interest Income Expense Net 729 735 -0.8%
Show Business Segments breakouts
Investment Management · Operating Segments 3 5 -40.0%
Investment Servicing · Operating Segments 726 730 -0.5%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -27 -40 +32.5%
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income -33 -42 +21.4%
Labor And Related Expense 1,280 1,099 +16.5%
Show Business Segments breakouts
Investment Management · Operating Segments 147 129 +14.0%
Investment Servicing · Operating Segments 1,033 970 +6.5%
Show Consolidation Items breakouts
Material Reconciling Items 100
Noninterest Income Other 66 48 +37.5%
Show Business Segments breakouts
Investment Management · Operating Segments 15 12 +25.0%
Investment Servicing · Operating Segments 51 36 +41.7%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 3 8 -62.5%
Interest Expense Operating 2,326 2,263 +2.8%
Preferred Stock Dividends Income Statement Impact -63 -55 -14.5%
Marketing And Advertising Expense 39 34 +14.7%
Professional Fees 107 111 -3.6%
Interest Income Operating 3,055 2,998 +1.9%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Non-Current Assets
Operating Lease Right-of-Use Assets 875 836 +4.7%
Goodwill 7,918 7,751 +2.2%
Show Business Segments breakouts
Investment Management 268 264 +1.5%
Investment Servicing 7,650 7,487 +2.2%
Intangible Assets 1,014
Show Business Segments breakouts
Investment Management 23
Investment Servicing 991
Show Finite Lived Intangible Assets By Major Class breakouts
Core Deposits 124
Customer Relationships 745
Other Intangible Assets 15
Technology Based Intangible Assets 130
Deferred Tax Assets 691 960 -28.0%
Total Assets 376,717 325,603 +15.7%
Show Geography breakouts
Non Us 100.52 80.95 +24.2%
Non-Current Liabilities
Total Liabilities 349,410 300,841 +16.1%
Stockholders' Equity
Common Stock 504 504 0.0%
Additional Paid-In Capital 10,698 10,721 -0.2%
Retained Earnings 30,373 28,615 +6.1%
Show Consolidated Entities breakouts
Subsidiaries · Basel III Advanced Approaches 16,907 15,322 +10.3%
Subsidiaries · Basel III Standardized Approach 16,907 15,322 +10.3%
Show Regulatory Capital requirements for Banking Organizations, by Implementation Approaches [Axis] breakouts
Basel III Advanced Approaches 30,373 28,615 +6.1%
Basel III Standardized Approach 30,373 28,615 +6.1%
Accumulated Other Comprehensive Income -1,321 -2,314 +42.9%
Total Stockholders' Equity 27,307 24,762 +10.3%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -126 -138 +8.7%
Accumulated Gain Loss Net Cash Flow Hedge Parent -69 -208 +66.8%
Accumulated Net Unrealized Investment Gain Loss -305 -722 +57.8%
Accumulated Other Comprehensive Income -1,321 -2,314 +42.9%
Accumulated Translation Adjustment -723 -1,758 +58.9%
Additional Paid In Capital 10,698 10,721 -0.2%
Common Stock 504 504 0.0%
Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries -98 512 -119.1%
Preferred Stock 3,559 2,468 +44.2%
Retained Earnings 30,373 28,615 +6.1%
Treasury Stock Common -16,506 -15,232 -8.4%
Total Liabilities & Equity 376,717 325,603 +15.7%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Deferred Income Taxes -64 17 -476.5%
Other Non-Cash Items 282 159 +77.4%
Net Cash from Operations -6,045 -8,488 +28.8%
Investing Activities
Capital Expenditures -545 -443 -23.0%
Purchases of Investments -32,205 -22,416 -43.7%
Other Investing Activities 155 -75 +306.7%
Net Cash from Investing -14,991 -22,174 +32.4%
Financing Activities
Share Repurchases -400 -319 -25.4%
Net Cash from Financing 21,911 29,513 -25.8%
Supplemental
Income Taxes Paid 369 248 +48.8%
Interest Paid 4,480 4,199 +6.7%
Other Cash Flow
Net Change in Cash 875 -1,149 +176.2%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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