Skip to content
AnalystLens

STATE STREET CORPSTT

Sector
Financial Services
Industry
State Commercial Banks
Exchange
NYSE

Stock Price $STT

Latest filings

You are here#40 of 58 in Financials by market cap

Filing record · 2016–202610-K1210-Q328-K196

STT filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 196 current reports (8-K) between 2016 and 2026.

  1. Restructuring8-K · Mar ’16Mar ’16
  2. FY2017 annual report10-K · Feb ’18Feb ’18
  3. Leadership change8-K · Mar ’21Mar ’21
  4. Leadership change8-K · Sep ’25Sep ’25

01—Key figures

Share Class
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  19. $13.94B
YoY changeLargest recent move+10.4%in FY17Latest +7.3%

1 older move runs past ±20% (largest +28.3%); point at, tap or drag across the bars to read one.

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All STT Financial Metrics45 metrics

Income Statement9

Balance Sheet17

Cash Flow14

Per Share5

02—Overview

STATE STREET CORP Financial Overview 2021–2025

Updated Jul 10, 2026

State Street ended FY2025 overseeing a massive $53.80 trilliona in Assets Under Custody and Administration, jumping 16% year-over-year. This immense asset base supports the core investment thesis for the stock: the company operates as an indispensable infrastructure layer for global financial markets, reliably translating raw client inflows and market appreciation into compounding fee revenue and shareholder capital returns.

Looking across the company's recent history, total revenue grew from $12.03 billion in FY2021 to $13.94 billionb in FY2025. Over this same window, Assets Under Management expanded from $4.14 trillion to $5.67 trillion. While an FDIC special assessment and portfolio repositioning charges temporarily compressed earnings to $5.58 per share in FY2023, profitability quickly recovered. By FY2025, diluted earnings per share hit $9.40, underpinned by a 26.8% pre-tax margin and an 8% expansion in total fee revenue to $10.98 billion. State Street consistently funnels this cash generation back to its investors, distributing $2.1 billion via share repurchases and dividends in FY2025. The market recognized this operational recovery at the close of FY2025, valuing the stock at $129.01, which represented a 13.7x price-to-earnings multiple.

Recent Developments (Q4 2025 and Q1 2026)

State Street accelerated its growth in Q1 2026. The company generated $3.80 billionc in total revenue, a 16% year-over-year increase. A 17% rise in net interest income and a 15% increase in fee revenue drove this result. Diluted earnings climbed 22% to $2.49 per share. Return on average common equity reached 11.6%. The company also updated its leadership by appointing C. Jack Read as Chief Accounting Officer and issued $1.5 billion in senior notes in April 2026.

Bulls will point to the revenue growth and $633 milliond distributed to shareholders during the quarter. Bears will note that total expenses increased 15%, impacted by $130 million in repositioning and client rescoping charges. At 18.4x earnings as of April 29, 2026, the stock trades at a premium to its prior-year valuation.

What to watch: expense impacts from ongoing client rescoping; net interest income trends.

03—Filings

Recent SEC Filings

  1. 8-KSTATE STREET CORP 8-K Report, Corporate Update (Oct 20, 2026)State Street Corporation (STT) has announced the successful issuance of new debt securities through two separate offerings on October 20, 2026. The parent company, State Street Corporation, raised approximately $745.6 million in net proceeds from the sale of $750 million in Fixed-to-Floating Rate Senior Notes due 2037. This offering was conducted publicly under a Form S-3 registration statement. In parallel, its wholly-owned subsidiary, State Street Bank and Trust Company, issued $1.25 billion in senior notes, comprising $500 million in Floating Rate Senior Notes due 2028 and $750 million in 5.147% Senior Notes due 2028. State Street Bank expects to receive net proceeds of approximately $1.246 billion from these notes, which were offered under an exemption from registration. These debt issuances are part of State Street's ongoing capital management and funding strategies.
  2. 8-KSTATE STREET CORP 8-K Report, Financial Results (Oct 14, 2026)State Street (STT) reported third-quarter 2026 results that were strong across the board. Total revenue rose 13% year over year to $4.0 billion, fee revenue grew 11% to $3.1 billion, and net interest income climbed 21% to $864 million. Total expenses increased 8% to $2.6 billion, producing 531 basis points of operating leverage and a pre-tax margin of 34.6%, up 3.5 percentage points. Diluted EPS was $3.69, up 33% year over year, and ROTCE was 25.1%. The company reported no notable items in the quarter, so GAAP and ex-notable figures are the same. Management highlighted record Servicing and Management fees, record FX client volumes, and an eleventh consecutive quarter of positive operating leverage. Quarter-end AUC/A reached a record $59.2 trillion and AUM a record $6.3 trillion. Capital and liquidity remained solid but showed some pressure. The standardized CET1 ratio was 11.0%, down 0.3 points year over year but up 0.2 points sequentially. State Street returned $651 million to common shareholders in the quarter, including $400 million of buybacks and $251 million of dividends. Full-year 2026 guidance was raised: fee revenue growth is now expected at roughly 13% to 14%, up from 12% to 13%, NII growth at roughly 15% to 16%, and expense growth at roughly 8% to 8.5%, with operating leverage of 500+ basis points. Other items in the filing include the election of Alexander Vollert as an independent director, a planned November 18, 2026 redemption of $500 million of 1.684% senior notes funded from cash on hand, and an announced agreement to acquire the Santander CACEIS Latam Securities Services joint venture, subject to regulatory approvals. From an investor perspective, the quarter reflects healthy operating momentum, with fee and NII growth outpacing expense growth and margins expanding toward the medium-term 35% pre-tax margin target. Watch items include the year-over-year decline in CET1, the 1-point sequential drop in net interest margin, a 29% decline in other fee revenue tied to market adjustments, and the sequential dip in FX trading revenue as emerging-market mix declined.
  3. 8-KSTATE STREET CORP 8-K Report, Executive Changes (Sep 14, 2026)State Street Corporation (STT) announced significant changes to its executive leadership team through an 8-K filing on September 14, 2026. Mostapha Tahiri, previously the Enterprise Chief Operating Officer, has been appointed President of State Street Alpha, a key growth initiative for the company. He will retain his role as Chairman of Asia Pacific, indicating continued focus on that strategic region. This move signals a strategic shift in leadership for State Street's Alpha platform, which is crucial for its future technology and service offerings. Ann Fogarty has been promoted to Enterprise Chief Operating Officer, succeeding Mr. Tahiri. Ms. Fogarty brings a wealth of operational experience, having most recently served as Chief Operating Officer of Investment Services. Her prior roles at State Street and extensive background at BNY Mellon, including leadership positions in global operations and fund administration, underscore her deep expertise. The compensation details for Ms. Fogarty's new role highlight the company's commitment to retaining and incentivizing key talent.
  4. 8-KSTATE STREET CORP 8-K Report, Corporate Update (Aug 12, 2026)State Street Corporation (STT) announced on August 12, 2026, the successful completion of a public offering of 500,000 depositary shares. Each depositary share represents a 1/100th ownership interest in the company's newly established Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L. This preferred stock has a liquidation preference of $100,000 per share, making each depositary share equivalent to $1,000. The offering, conducted under a registration statement on Form S-3, is expected to generate approximately $495.7 million in net proceeds for State Street after accounting for underwriting discounts and estimated offering expenses. This capital infusion provides State Street with additional financial flexibility and strengthens its capital base.
  5. 8-KSTATE STREET CORP 8-K Report, Rights Modification (Aug 7, 2026)State Street Corporation (STT) has filed an 8-K detailing the creation and public offering of new preferred stock. Specifically, the company amended its Articles of Organization to establish the terms of its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L. This newly created preferred stock will be offered to the public through depositary shares, with each depositary share representing a 1/100th ownership interest in a share of the Series L Preferred Stock. The offering involves 500,000 depositary shares, priced at $1,000 per share, with State Street expecting to raise approximately $495.7 million in net proceeds after deducting underwriting discounts and expenses. This strategic move indicates a focus on strengthening the company's capital structure or funding specific initiatives through equity issuance. Investors should note the perpetual nature of the preferred stock and its fixed rate reset feature, which will impact future dividend payments.
View all 8-K filings →
View all filings (10-K, 10-Q, 8-K, proxy & more) →

04—See also

Related Companies

Annual revenue over each company’s last eight fiscal years, each strip on its own scale from zero.