STATE STREET CORP

STT 10-Q · Q1 2026

STT Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 3,796 3,284 +15.6%
Show Product Lines breakouts
Account Servicing [Member] 1,409 1,275 +10.5%
Account Servicing [Member] · Investment Servicing 1,409 1,275 +10.5%
Foreign exchange trading services 435 337 +29.1%
Foreign exchange trading services · Investment Management 3
Foreign exchange trading services · Investment Servicing 432 337 +28.2%
Management fees 724 587 +23.3%
Management fees · Investment Management 724 587 +23.3%
Net interest income 835 714 +16.9%
Net interest income · Investment Management 3 5 -40.0%
Net interest income · Investment Servicing 832 709 +17.3%
Other fee revenue 107 99 +8.1%
Other fee revenue · Investment Management 5 -2 +350.0%
Other fee revenue · Investment Servicing 102 101 +1.0%
Securities finance 116 114 +1.8%
Securities finance · Investment Management 6 6 0.0%
Securities finance · Investment Servicing 110 108 +1.9%
Software services 169 158 +7.0%
Software services · Investment Servicing 169 158 +7.0%
Total fee revenue 2,960 2,570 +15.2%
Total fee revenue · Investment Management 738 591 +24.9%
Total fee revenue · Investment Servicing 2,222 1,979 +12.3%
Total other income 1
Total other income · Investment Servicing 1
Total revenue 3,796 3,284 +15.6%
Total revenue · Investment Management 741 596 +24.3%
Total revenue · Investment Servicing 3,055 2,688 +13.7%
Show Business Segments breakouts
Investment Management · Operating Segments 741 596 +24.3%
Investment Servicing · Operating Segments 3,055 2,688 +13.7%
Show Geography breakouts
Non Us 1,676 1,382 +21.3%
US 2,120 1,902 +11.5%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 4 3 +33.3%
Revenue (Q)
Show Product Lines breakouts
Account Servicing [Member] · Investment Servicing 1,409 1,275 +10.5%
Foreign exchange trading services · Investment Management 3
Foreign exchange trading services · Investment Servicing 111 100 +11.0%
Management fees · Investment Management 724 587 +23.3%
Securities finance · Investment Servicing 55 45 +22.2%
Software services · Investment Servicing 169 158 +7.0%
Total fee revenue · Investment Management 727 587 +23.9%
Total fee revenue · Investment Servicing 1,744 1,578 +10.5%
Total revenue · Investment Management 727 587 +23.9%
Total revenue · Investment Servicing 1,744 1,578 +10.5%
Other Revenue (Q)
Show Product Lines breakouts
Foreign exchange trading services · Investment Servicing 321 237 +35.4%
Net interest income · Investment Management 3 5 -40.0%
Net interest income · Investment Servicing 832 709 +17.3%
Other fee revenue · Investment Management 5 -2 +350.0%
Other fee revenue · Investment Servicing 102 101 +1.0%
Securities finance · Investment Management 6 6 0.0%
Securities finance · Investment Servicing 55 63 -12.7%
Total fee revenue · Investment Management 11 4 +175.0%
Total fee revenue · Investment Servicing 478 401 +19.2%
Total other income · Investment Servicing 1
Total revenue · Investment Management 14 9 +55.6%
Total revenue · Investment Servicing 1,311 1,110 +18.1%
Income Before Taxes 969 822 +17.9%
Show Business Segments breakouts
Investment Management · Operating Segments 249 165 +50.9%
Investment Servicing · Operating Segments 850 657 +29.4%
Show Geography breakouts
Non Us 454 309 +46.9%
US 515 513 +0.4%
Show Consolidation Items breakouts
Material Reconciling Items -130
Income Tax Expense (Benefit) 205 178 +15.2%
Net Income 764 644 +18.6%
Show Equity Components breakouts
Retained Earnings 764 644 +18.6%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income -33 -56 +41.1%
Comprehensive Income 525 952 -44.9%
Other Comprehensive Income -239 308 -177.6%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment 3 3 0.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent -4 30 -113.3%
Accumulated Net Unrealized Investment Gain Loss -131 111 -218.0%
Accumulated Other Comprehensive Income -239 308 -177.6%
Accumulated Translation Adjustment -237 450 -152.7%
Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries 130 -286 +145.5%
EPS (Basic) 2.53 2.07 +22.2%
EPS (Diluted) 2.49 2.04 +22.1%
Wtd Avg Shares (Basic) 278,434 288,562 -3.5%
Wtd Avg Shares (Diluted) 282,874 292,716 -3.4%
Gain Loss On Investments 1
Interest And Dividend Income Operating 2,651 2,922 -9.3%
Occupancy Net 101 103 -1.9%
Net Income Loss Available To Common Stockholders Basic 705 597 +18.1%
Other Expenses 349 330 +5.8%
Communications And Information Technology 637 497 +28.2%
Show Business Segments breakouts
Investment Management · Operating Segments 29 20 +45.0%
Investment Servicing · Operating Segments 558 477 +17.0%
Show Consolidation Items breakouts
Material Reconciling Items 50
Noninterest Expense 2,811 2,450 +14.7%
Show Business Segments breakouts
Investment Management · Operating Segments 492 431 +14.2%
Investment Servicing · Operating Segments 2,189 2,019 +8.4%
Show Consolidation Items breakouts
Material Reconciling Items 130
Noninterest Income 2,960 2,570 +15.2%
Show Business Segments breakouts
Investment Management · Operating Segments 738 591 +24.9%
Investment Servicing · Operating Segments 2,222 1,979 +12.3%
Interest Income Expense Net 835 714 +16.9%
Show Business Segments breakouts
Investment Management · Operating Segments 3 5 -40.0%
Investment Servicing · Operating Segments 832 709 +17.3%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -20 -29 +31.0%
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income -14 -27 +48.1%
Labor And Related Expense 1,441 1,262 +14.2%
Show Business Segments breakouts
Investment Management · Operating Segments 175 159 +10.1%
Investment Servicing · Operating Segments 1,187 1,103 +7.6%
Show Consolidation Items breakouts
Material Reconciling Items 79
Noninterest Income Other 107 99 +8.1%
Show Business Segments breakouts
Investment Management · Operating Segments 5 -2 +350.0%
Investment Servicing · Operating Segments 102 101 +1.0%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 4 3 +33.3%
Interest Expense Operating 1,816 2,208 -17.8%
Preferred Stock Dividends Income Statement Impact -58 -46 -26.1%
Marketing And Advertising Expense 34 25 +36.0%
Professional Fees 104 110 -5.5%
Interest Income Operating 2,651 2,922 -9.3%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Non-Current Assets
Operating Lease Right-of-Use Assets 833 826 +0.8%
Goodwill 8,121 7,763 +4.6%
Show Business Segments breakouts
Investment Management 267 265 +0.8%
Investment Servicing 7,854 7,498 +4.7%
Intangible Assets 872
Show Business Segments breakouts
Investment Management 17
Investment Servicing 855
Show Finite Lived Intangible Assets By Major Class breakouts
Core Deposits 98
Customer Relationships 646
Other Intangible Assets 26
Technology Based Intangible Assets 102
Deferred Tax Assets 608 646 -5.9%
Total Assets 392,165 372,693 +5.2%
Show Geography breakouts
Non Us 94.16 85.65 +9.9%
Non-Current Liabilities
Total Liabilities 364,423 346,001 +5.3%
Stockholders' Equity
Common Stock 504
Additional Paid-In Capital 10,701 10,693 +0.1%
Retained Earnings 31,864 29,959 +6.4%
Show Consolidated Entities breakouts
Subsidiaries · Basel III Advanced Approaches 16,418 16,208 +1.3%
Subsidiaries · Basel III Standardized Approach 16,418 16,208 +1.3%
Show Regulatory Capital requirements for Banking Organizations, by Implementation Approaches [Axis] breakouts
Basel III Advanced Approaches 31,864 29,959 +6.4%
Basel III Standardized Approach 31,864 29,959 +6.4%
Accumulated Other Comprehensive Income -1,282 -1,792 +28.5%
Total Stockholders' Equity 27,742 26,692 +3.9%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -89 -126 +29.4%
Accumulated Gain Loss Net Cash Flow Hedge Parent -37 -102 +63.7%
Accumulated Net Unrealized Investment Gain Loss -282 -369 +23.6%
Accumulated Other Comprehensive Income -1,282 -1,792 +28.5%
Accumulated Translation Adjustment -1,030 -1,718 +40.0%
Additional Paid In Capital 10,701 10,693 +0.1%
Common Stock 504 504 0.0%
Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries 156 523 -70.2%
Preferred Stock 3,559 3,559 0.0%
Retained Earnings 31,864 29,959 +6.4%
Treasury Stock Common -17,604 -16,231 -8.5%
Total Liabilities & Equity 392,165 372,693 +5.2%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Deferred Income Taxes 28 18 +55.6%
Other Non-Cash Items 237 156 +51.9%
Net Cash from Operations -12,143 2,396 -606.8%
Investing Activities
Capital Expenditures -270 -226 -19.5%
Purchases of Investments -13,936 -18,449 +24.5%
Other Investing Activities 59 -103 +157.3%
Net Cash from Investing -4,383 -14,607 +70.0%
Financing Activities
Share Repurchases -400 -100 -300.0%
Net Cash from Financing 18,611 13,724 +35.6%
Supplemental
Income Taxes Paid 92 186 -50.5%
Interest Paid 1,784 2,074 -14.0%
Other Cash Flow
Net Change in Cash 2,085 1,513 +37.8%

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

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