State Street Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), State Street Corp reported revenue of $13.9B (+7.3% year on year) and net income of $2.9B (+9.6% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Servicing fees | $5.3B | $5.0B | $4.9B | $5.1B |
| Management fees | $2.4B | $2.1B | $1.9B | $1.9B |
| Foreign exchange trading services | $1.6B | $1.4B | $1.3B | $1.4B |
| Securities finance | $505.0M | $438.0M | $426.0M | $416.0M |
| Software and processing fees | $903.0M | $888.0M | $811.0M | $789.0M |
| Other fee revenue | $236.0M | $289.0M | $180.0M | ($1.0M) |
| Total fee revenue | $11.0B | $10.2B | $9.5B | $9.6B |
| Interest income | $11.6B | $12.0B | $9.2B | $4.1B |
| Interest expense | $8.7B | $9.1B | $6.4B | $1.5B |
| Net interest income | $3.0B | $2.9B | $2.8B | $2.5B |
| Gains (losses) from sales of available-for-sale securities, net | $4.0M | ($79.0M) | ($294.0M) | ($2.0M) |
| Total other income | $4.0M | ($79.0M) | ($294.0M) | ($2.0M) |
| Total revenue | $13.9B | $13.0B | $11.9B | $12.1B |
| Provision for credit losses | $59.0M | $75.0M | $46.0M | $20.0M |
| Compensation and employee benefits | $5.0B | $4.7B | $4.7B | $4.4B |
| Information systems and communications | $2.1B | $1.8B | $1.7B | $1.6B |
| Transaction processing services | $1.1B | $998.0M | $957.0M | $971.0M |
| Occupancy | $487.0M | $437.0M | $426.0M | $394.0M |
| Other | $1.5B | $1.3B | $1.5B | $1.1B |
| Total expenses | $10.2B | $9.5B | $9.6B | $8.8B |
| Income before income tax expense | $3.7B | $3.4B | $2.3B | $3.3B |
| Income tax expense | $786.0M | $708.0M | $372.0M | $553.0M |
| Net income | $2.9B | $2.7B | $1.9B | $2.8B |
| Net income available to common shareholders -basic | $2.7B | $2.5B | $1.8B | $2.7B |
| Net income available to common shareholders - diluted | $2.7B | $2.5B | $1.8B | $2.7B |
| Basic (in USD per share) | $9.55 | $8.33 | $5.65 | $7.28 |
| Diluted (in USD per share) | $9.40 | $8.21 | $5.58 | $7.19 |
| Basic (in shares) | 284.5M | 297.9M | 322.3M | 365.2M |
| Diluted (in shares) | 289.0M | 302.2M | 326.6M | 370.1M |
| Cash dividends declared (in USD per share) | $3.20 | $2.90 | $2.64 | $2.40 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Servicing fees | $1.5B | $1.4B | $1.4B | $1.3B |
| Management fees | $772.0M | $724.0M | $612.0M | $562.0M |
| Foreign exchange trading services | $494.0M | $435.0M | $416.0M | $431.0M |
| Securities finance | $150.0M | $116.0M | $138.0M | $126.0M |
| Software services | $166.0M | $169.0M | — | — |
| Other fee revenue | $138.0M | $107.0M | $79.0M | $66.0M |
| Total fee revenue | $3.2B | $3.0B | $2.8B | $2.7B |
| Interest income | $2.8B | $2.7B | $2.9B | $3.1B |
| Interest expense | $2.0B | $1.8B | $2.2B | $2.3B |
| Net interest income | $860.0M | $835.0M | $715.0M | $729.0M |
| Gains (losses) from sales of available-for-sale securities, net | $0 | — | $1.0M | — |
| Total other income | $0 | $1.0M | $1.0M | — |
| Total revenue | $4.0B | $3.8B | $3.5B | $3.4B |
| Provision for credit losses | $0 | $16.0M | $9.0M | $30.0M |
| Compensation and employee benefits | $1.3B | $1.4B | $1.2B | $1.3B |
| Information systems and communications | $589.0M | $637.0M | $517.0M | $523.0M |
| Transaction processing services | $280.0M | $283.0M | $276.0M | $260.0M |
| Occupancy | $96.0M | $101.0M | $106.0M | $105.0M |
| Other | $402.0M | $349.0M | $317.0M | $305.0M |
| Total expenses | $2.7B | $2.8B | $2.4B | $2.5B |
| Income before income tax expense | $1.4B | $969.0M | $1.1B | $889.0M |
| Income tax expense | $305.0M | $205.0M | $241.0M | $196.0M |
| Net income | $1.1B | $764.0M | $861.0M | $693.0M |
| Net income available to common shareholders, basic | $1.0B | $705.0M | $802.0M | $630.0M |
| Net income available to common shareholders, diluted | $1.0B | $705.0M | $802.0M | $630.0M |
| Basic (in USD per share) | $3.71 | $2.53 | $2.83 | $2.20 |
| Diluted (in USD per share) | $3.65 | $2.49 | $2.78 | $2.17 |
| Basic (in shares) | 276.1M | 278.4M | 283.4M | 286.3M |
| Diluted (in shares) | 281.1M | 282.9M | 288.2M | 290.5M |
| Cash dividends declared (in USD per share) | $0.84 | $0.84 | $0.84 | $0.76 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $4.4B | $3.1B | $4.0B | $4.0B |
| Interest-bearing deposits with banks | $126.9B | $113.0B | $87.7B | $101.6B |
| Securities purchased under resale agreements | $6.8B | $6.7B | $6.7B | $5.2B |
| Trading account assets | $827.0M | $768.0M | $773.0M | $650.0M |
| Investment securities available-for-sale | $67.2B | $58.9B | $44.5B | $40.6B |
| Investment securities held-to-maturity (fair value of $34,166 and $41,906) | $38.2B | $47.7B | $57.1B | $64.7B |
| Loans (less allowance for credit losses on loans of $193 and $174) | $46.6B | $43.0B | $36.5B | $32.1B |
| Premises and equipment (net of accumulated depreciation of $7,046 and $6,461) | $3.2B | $2.7B | — | $2.3B |
| Accrued interest and fees receivable | $4.4B | $4.0B | $3.8B | $3.4B |
| Goodwill | $8.2B | $7.7B | $7.6B | $7.5B |
| Other intangible assets | $935.0M | $1.1B | $1.3B | $1.5B |
| Other assets | $58.5B | $64.5B | $44.8B | $37.9B |
| Total assets | $366.0B | $353.2B | $297.3B | $301.4B |
| Non-interest-bearing | $35.3B | $33.2B | $32.6B | $46.8B |
| Interest-bearing - U.S. | $168.1B | $166.5B | $121.7B | $111.4B |
| Interest-bearing - non-U.S. | $71.0B | $62.3B | $66.7B | $77.3B |
| Total deposits | $274.4B | $261.9B | $221.0B | $235.5B |
| Securities sold under repurchase agreements | $841.0M | $3.7B | $1.9B | $1.2B |
| Other short-term borrowings | $3.8B | $9.8B | $2.7B | $2.1B |
| Accrued expenses and other liabilities | $34.1B | $29.2B | $28.1B | $22.5B |
| Long-term debt | $25.1B | $23.3B | $18.8B | $15.0B |
| Total liabilities | $338.2B | $327.9B | $273.5B | $276.3B |
| Preferred stock | $3.6B | $2.8B | $2.0B | $2.0B |
| Common stock | $504.0M | $504.0M | $504.0M | $504.0M |
| Surplus | $10.7B | $10.7B | $10.7B | $10.7B |
| Retained earnings | $31.4B | $29.6B | $28.0B | $27.0B |
| Accumulated other comprehensive income (loss) | ($1.0B) | ($2.1B) | ($2.4B) | ($3.7B) |
| Treasury stock, at cost (224,801,735 and 215,113,190 shares) | -17.3B | -16.2B | — | — |
| Total shareholders’ equity | $27.8B | $25.3B | $23.8B | $25.2B |
| Total liabilities and shareholders’ equity | $366.0B | $353.2B | $297.3B | $301.4B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $4.3B | $6.5B | $4.8B | $4.0B |
| Interest-bearing deposits with banks | $145.2B | $123.6B | $122.6B | $118.8B |
| Securities purchased under resale agreements | $9.0B | $8.2B | $7.7B | $8.3B |
| Trading account assets | $856.0M | $842.0M | $884.0M | $791.0M |
| Investment securities available-for-sale | $72.3B | $71.6B | $69.4B | $70.6B |
| Investment securities held-to-maturity (fair value of $31,104 and $34,166) | $35.3B | $36.7B | $40.9B | $43.3B |
| Loans (less allowance for credit losses on loans of $161 and $193) | $51.9B | $49.0B | $46.5B | $47.1B |
| Premises and equipment (net of accumulated depreciation of $7,273 and $7,046) | $3.9B | $3.3B | $3.1B | $2.9B |
| Accrued interest and fees receivable | $4.9B | $4.7B | $4.5B | $4.6B |
| Goodwill | $8.1B | $8.1B | $7.9B | $7.9B |
| Other intangible assets | $816.0M | $872.0M | $958.0M | $1.0B |
| Other assets | $81.8B | $78.6B | $61.8B | $67.3B |
| Total assets | $418.4B | $392.2B | $371.1B | $376.7B |
| Non-interest-bearing | $46.5B | $39.6B | $34.4B | $34.6B |
| Interest-bearing - U.S. | $191.8B | $174.7B | $169.0B | $169.4B |
| Interest-bearing - non-U.S. | $81.3B | $79.0B | $76.6B | $79.0B |
| Total deposits | $319.5B | $293.3B | $280.0B | $283.0B |
| Securities sold under repurchase agreements | $395.0M | $969.0M | $206.0M | $2.4B |
| Other short-term borrowings | $4.4B | $4.0B | $9.8B | $9.8B |
| Accrued expenses and other liabilities | $40.1B | $40.9B | $28.7B | $28.3B |
| Long-term debt | $25.7B | $25.2B | $24.7B | $25.9B |
| Total liabilities | $390.1B | $364.4B | $343.4B | $349.4B |
| Preferred stock, no par, 3,500,000 shares authorized: | 3.6B | 3.6B | 3.6B | 3.6B |
| Common stock, $1 par, 750,000,000 shares authorized: 503,879,642 and 503,879,642 shares issued, and 282,217,819 and 288,766,452 shares outstanding | 504.0M | 504.0M | 504.0M | 504.0M |
| Surplus | $10.7B | $10.7B | $10.7B | $10.7B |
| Retained earnings | $32.7B | $31.9B | $30.9B | $30.4B |
| Accumulated other comprehensive income (loss) | ($1.2B) | ($1.3B) | ($1.2B) | ($1.3B) |
| Treasury stock, at cost (229,177,092 and 224,801,735 shares) | -18.0B | -17.6B | -16.9B | -16.5B |
| Total shareholders’ equity | $28.3B | $27.7B | $27.6B | $27.3B |
| Total liabilities and shareholders' equity | $418.4B | $392.2B | $371.1B | $376.7B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $2.9B | $2.7B | $1.9B | $2.8B |
| Deferred income tax (benefit) | ($89.0M) | $145.0M | ($184.0M) | ($62.0M) |
| Amortization of other intangible assets | $223.0M | $230.0M | $239.0M | $238.0M |
| Other non-cash adjustments for depreciation, amortization and accretion, net | $331.0M | $375.0M | $643.0M | $918.0M |
| (Gains) losses related to investment securities, net | ($4.0M) | $79.0M | $294.0M | $2.0M |
| Provision for credit losses | $59.0M | $75.0M | $46.0M | $20.0M |
| Change in trading account assets, net | ($59.0M) | $5.0M | ($123.0M) | $108.0M |
| Change in accrued interest and fees receivable, net | ($350.0M) | ($224.0M) | ($359.0M) | ($156.0M) |
| Change in collateral deposits, net | $6.6B | ($12.1B) | ($2.2B) | $7.8B |
| Change in unrealized losses (gains) on foreign exchange derivatives, net | $5.5B | ($7.2B) | $2.1B | ($1.1B) |
| Change in other assets, net | ($2.5B) | $1.7B | ($1.8B) | $421.0M |
| Change in accrued expenses and other liabilities, net | ($1.2B) | $743.0M | ($128.0M) | $557.0M |
| Other, net | $410.0M | $303.0M | $257.0M | $438.0M |
| Net cash provided by (used in) operating activities | $11.9B | ($13.2B) | $690.0M | $12.0B |
| Net (increase) decrease in interest-bearing deposits with banks | ($13.0B) | ($25.3B) | $13.9B | $4.8B |
| Net (increase) decrease in securities purchased under resale agreements | ($133.0M) | $13.0M | ($1.5B) | ($2.2B) |
| Proceeds from sales of available-for-sale securities | $16.0B | $11.0B | $4.9B | $4.6B |
| Proceeds from maturities of available-for-sale securities | $29.0B | $18.5B | $15.7B | $17.3B |
| Purchases of available-for-sale securities | ($50.2B) | ($44.3B) | ($23.1B) | ($18.0B) |
| Proceeds from maturities of held-to-maturity securities | $9.9B | $9.3B | $9.5B | $9.8B |
| Purchases of held-to-maturity securities | $0 | ($5.0M) | ($1.6B) | ($8.6B) |
| Sale of loans | $1.1B | $246.0M | $506.0M | $1.8B |
| Net increase in loans | ($3.7B) | ($7.4B) | ($4.7B) | ($1.7B) |
| Business acquisitions, net of cash acquired | ($286.0M) | ($194.0M) | ($61.0M) | $0 |
| Purchases of equity investments and other long-term assets | ($1.2B) | ($143.0M) | ($136.0M) | ($250.0M) |
| Purchases of premises and equipment, net | ($1.1B) | ($926.0M) | ($816.0M) | ($734.0M) |
| Other, net | $644.0M | ($332.0M) | $117.0M | $51.0M |
| Net cash (used in) provided by investing activities | ($13.0B) | ($39.5B) | $12.7B | $6.8B |
| Net (decrease) increase in time deposits | ($3.1B) | ($19.0M) | $2.8B | $1.7B |
| Net increase (decrease) in all other deposits | $14.5B | $41.0B | ($17.3B) | ($21.2B) |
| Net (decrease) increase in securities sold under repurchase agreements | ($2.8B) | $1.8B | $690.0M | ($398.0M) |
| Net (decrease) increase in other short-term borrowings | ($6.0B) | $6.2B | $563.0M | $2.0B |
| Proceeds from issuance of long-term debt, net of issuance costs | $5.7B | $6.5B | $6.2B | $3.7B |
| Payments for long-term debt and obligations under finance leases | ($4.1B) | ($2.0B) | ($2.5B) | ($1.6B) |
| Payments for redemption of preferred stock | $0 | ($1.5B) | $0 | $0 |
| Proceeds from issuance of preferred stock, net of issuance costs | $743.0M | $2.3B | — | — |
| Repurchases of common stock | ($1.2B) | ($1.3B) | ($3.8B) | ($1.5B) |
| Repurchases of common stock for employee tax withholding | ($106.0M) | ($83.0M) | ($95.0M) | ($123.0M) |
| Payments for cash dividends | ($1.1B) | ($1.0B) | ($970.0M) | ($972.0M) |
| Other, net | ($20.0M) | ($20.0M) | $57.0M | — |
| Net cash provided by (used in) financing activities | $2.4B | $51.8B | ($13.4B) | ($18.4B) |
| Net increase (decrease) | $1.3B | ($902.0M) | $77.0M | $339.0M |
| Cash and due from banks at beginning of period | $3.1B | $4.0B | $4.0B | $3.6B |
| Cash and due from banks at end of period | $4.4B | $3.1B | $4.0B | $4.0B |
| Interest paid | $8.8B | $9.0B | $6.2B | $1.4B |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $1.8B | $764.0M | $2.2B | $1.3B |
| Deferred income tax | $100.0M | $28.0M | ($63.0M) | ($64.0M) |
| Amortization of other intangible assets | $112.0M | $57.0M | $166.0M | $110.0M |
| Other non-cash adjustments for depreciation, amortization and accretion, net | $305.0M | $160.0M | $198.0M | $95.0M |
| Gains related to investment securities, net | ($1.0M) | ($1.0M) | ($1.0M) | — |
| Provision for credit losses | $16.0M | $16.0M | $51.0M | $42.0M |
| Change in trading account assets, net | ($29.0M) | ($15.0M) | ($115.0M) | ($22.0M) |
| Change in accrued interest and fees receivable, net | ($472.0M) | ($313.0M) | ($443.0M) | ($555.0M) |
| Change in collateral deposits, net | ($13.6B) | ($5.7B) | ($1.9B) | ($13.1B) |
| Change in unrealized losses on foreign exchange derivatives, net | ($4.8B) | ($4.4B) | $4.1B | — |
| Change in other assets, net | ($2.6B) | ($4.7B) | ($2.7B) | ($2.7B) |
| Change in accrued expenses and other liabilities, net | $4.3B | $1.6B | ($11.0M) | $2.6B |
| Other, net | $328.0M | $237.0M | $343.0M | $282.0M |
| Net cash used in operating activities | ($14.5B) | ($12.1B) | $1.9B | ($6.0B) |
| Net increase in interest-bearing deposits with banks | ($18.3B) | $3.4B | ($9.7B) | ($5.9B) |
| Net increase in securities purchased under resale agreements | ($2.2B) | ($1.4B) | ($1.1B) | ($1.6B) |
| Proceeds from sales of available-for-sale securities | $5.4B | $3.9B | $9.9B | $7.5B |
| Proceeds from maturities of available-for-sale securities | $10.8B | $5.3B | $23.9B | $16.2B |
| Purchases of available-for-sale securities | ($21.8B) | ($13.9B) | ($41.7B) | ($32.2B) |
| Proceeds from maturities of held-to-maturity securities | $2.9B | $1.4B | $7.1B | $4.7B |
| Sale of loans | $604.0M | $132.0M | $188.0M | $151.0M |
| Net increase in loans | ($6.3B) | ($2.9B) | ($2.7B) | ($3.3B) |
| Purchases of equity investments and other long-term assets | ($412.0M) | ($156.0M) | ($360.0M) | ($259.0M) |
| Purchases of premises and equipment, net | ($945.0M) | ($270.0M) | ($788.0M) | ($545.0M) |
| Other, net | $141.0M | $59.0M | $251.0M | $155.0M |
| Net cash used in investing activities | ($30.2B) | ($4.4B) | ($14.9B) | ($15.0B) |
| Net decrease in time deposits | ($1.5B) | ($1.1B) | ($777.0M) | ($1.9B) |
| Net increase in all other deposits | $46.7B | $20.1B | $18.8B | $23.0B |
| Net decrease in securities sold under repurchase agreements | ($446.0M) | $128.0M | ($3.5B) | ($1.3B) |
| Net increase in other short-term borrowings | $551.0M | $159.0M | ($15.0M) | $4.0M |
| Proceeds from issuance of long-term debt, net of issuance costs | $1.6B | $123.0M | $4.7B | $4.7B |
| Payments for long-term debt and obligations under finance leases | ($918.0M) | ($5.0M) | ($3.6B) | ($2.3B) |
| Proceeds from issuance of preferred stock, net of issuance costs | $0 | $0 | $743.0M | $743.0M |
| Repurchases of common stock | ($800.0M) | ($400.0M) | ($800.0M) | ($400.0M) |
| Repurchases of common stock for employee tax withholding | ($107.0M) | ($85.0M) | ($87.0M) | ($71.0M) |
| Payments for cash dividends | ($584.0M) | ($293.0M) | ($824.0M) | ($549.0M) |
| Other, net | ($11.0M) | ($5.0M) | ($13.0M) | ($10.0M) |
| Net cash provided by financing activities | $44.5B | $18.6B | $14.7B | $21.9B |
| Net (decrease) increase in cash and due from banks | ($143.0M) | $2.1B | $1.6B | $875.0M |
| Cash and due from banks at beginning of period | $4.4B | $4.4B | $3.1B | $3.1B |
| Cash and due from banks at end of period | $4.3B | $6.5B | $4.8B | $4.0B |
| Interest paid | $3.7B | $1.8B | $6.8B | $4.5B |
| Income taxes paid, net | $322.0M | $92.0M | $451.0M | $369.0M |
State Street Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.