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NYSE · Financials

STATE STREET CORP (STT)

As-reported financials and SEC filings for STATE STREET CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About STATE STREET CORP

State Street Corporation provides financial services to institutional investors worldwide, including investment servicing, markets and financing solutions, and investment management. Its clients include asset managers, insurance companies, wealth managers, official institutions, and central banks. The company operates through two main lines of business: Investment Servicing, which offers custody, fund administration, trading, and analytics services, and Investment Management, which provides investment products such as ETFs and actively managed funds.

Snapshot

Revenue
$13.94B
Revenue growth (YoY)
6.6%
Net income
$2.94B
Diluted EPS
$9.40
Gross margin
Operating margin
Net margin
21.1%
FCF margin
77.8%
ROE
10.6%
net income / fiscal-year-end equity
P/E
16.9×
trailing when available, otherwise FY EPS
Market cap
$51.59B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at State Street

  • Revenue grew 6.6% to $13.9B in FY2025, in line with the 6.9% the year before.
  • Most recent quarter Q2 FY2026: revenue $4.0B, up 17.4% from Q2 FY2025.
  • Free cash flow was $10.8B in FY2025, 77.8% of revenue.
  • Net income rose 9.6% to $2.9B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where State Street’s fundamentals sit among the 76 banks. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin21.1%
16th percentile of 76
FCF margin77.8%
98th percentile of 58
Revenue growth (YoY)+6.6%
24th percentile of 76
ROE10.6%
60th percentile of 76
P/E16.9×
92nd percentile of 75
Short interest3.34d
15th percentile of 75

State Street’s FCF margin of 77.8% ranks in the 98th percentile of the 58 banks reporting it. State Street’s P/E of 16.9 ranks in the 92nd percentile of the 75 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 6 insider sales totaling $6.7M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
5
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
6
6 trimmed, 0 exited
Combined position
$1.83B
reported long value
InvestorAs ofPosition valueSharesChange
Harris Associates (Oakmark)Q2 2026$808.2M4.8MReduced
AQR Capital ManagementquantQ2 2026$339.6M2.0MAdded
Yacktman Asset ManagementQ2 2026$156.0M919.7KAdded
Two Sigma InvestmentsquantQ2 2026$145.6M858.4KAdded
Point72 Asset ManagementquantQ2 2026$137.5M810.8KAdded
Citadel AdvisorsquantQ2 2026$83.6M492.7KReduced
D. E. ShawquantQ2 2026$82.2M484.5KAdded
Millennium ManagementquantQ2 2026$52.1M307.3KReduced
Bridgewater AssociatesQ2 2026$16.9M99.7KReduced
Dodge & CoxQ2 2026$5.7M33.3KReduced
Gotham Asset ManagementQ2 2026$4.1M24.4KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
6
$6.7M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-03
filed 2026-08-04
Schaefer ElizabethSVP, Chief Accounting OfficerSell500$181.19$91K
2026-07-24
filed 2026-07-28
Hu W. BradfordEVP and Chief Risk OfficerSell9.8K$184.52$1.8M
2026-07-21
filed 2026-07-23
O HANLEY RONALD PChairman, CEO and PresidentSell14.6K$184.17$2.7M
2026-07-21
filed 2026-07-23
Horgan Kathryn MExecutive Vice PresidentSell5.5K$184.17$1.0M
2026-06-11
filed 2026-06-15
Horgan Kathryn MExecutive Vice PresidentSell5.5K$162.78$895K
2026-06-08
filed 2026-06-09
RICHARDS MICHAEL LEVP and Chief Admin OfficerSell1.5K$162.14$243K
2026-05-26
filed 2026-05-28
O HANLEY RONALD PChairman, CEO and PresidentSell14.6K$155.35$2.3M
2026-05-26
filed 2026-05-28
Hu W. BradfordEVP and Chief Risk OfficerSell9.2K$155.35$1.4M
2026-05-13
filed 2026-05-15
Schaefer ElizabethSVP, Chief Accounting OfficerSell500$150.87$75K
2026-04-22
filed 2026-04-24
TAHIRI MOSTAPHAEVP and COOSell9.6K$152.93$1.5M
2026-04-22
filed 2026-04-24
RICHARDS MICHAEL LEVP and Chief Admin OfficerSell3.0K$153.89$462K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.6M
settled 2026-08-14
Change vs prior
-4.2%
vs previous settlement
Days to cover
3.34
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-144.6M-4.2%3.34
2026-07-314.9M-4.2%1.99
2026-07-155.1M+0.9%2.09
2026-06-305.0M-6.0%1.61
2026-06-155.3M+12.3%2.79
2026-05-294.8M+22.9%2.38
2026-05-153.9M+8.2%2.13
2026-04-303.6M+1.4%1.42

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Bank fundamentals

Regulatory detail for State Street Bank and Trust Company (Boston, MA), the insured-bank subsidiary, from its FDIC Call Report as of Q1 2026. This is what actually moves bank stocks: deposit franchise, capital, and credit quality that a standard income statement can’t show.

Total deposits
$299.6B
FDIC insured-bank
Uninsured deposits
73.2%
share of deposits
CET1 ratio
14.70%
regulatory capital
Net interest margin
1.24%
trailing
Efficiency ratio
71.0%
lower is better
Noncurrent loans
0.44%
of gross loans

Source: FDIC BankFind (Call Report). Bank-subsidiary figures, filed quarterly ~30 days after quarter-end.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$13.94B$13.08B$12.24B$12.15B$11.92B
Gross profit
Operating income
Net income$2.94B$2.69B$1.94B$2.77B$2.69B
Diluted EPS$9.40$8.21$5.58$7.19$7.19

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$4.43B$3.15B$4.05B$3.97B$3.63B
Current assets
Total assets$366.05B$353.24B$297.26B$301.45B$314.62B
Current liabilities
Long-term debt
Total liabilities$338.21B$327.91B$273.46B$276.26B$287.26B
Total equity$27.84B$25.33B$23.80B$25.19B$27.36B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$11.90B$-13.21B$690.0M$11.95B$-6.71B
Capital expenditure$1.05B$926.0M$816.0M$734.0M$811.0M
Free cash flow$10.84B$-14.14B$-126.0M$11.22B$-7.52B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$4.05B17.4%$1.08B$3.65
Q1 FY2026$3.79B15.6%$764.0M$2.49
Q4 FY2025$3.66B7.4%$747.0M$2.62
Q3 FY2025$3.54B6.1%$861.0M$2.78
Q2 FY2025$3.45B8.1%$693.0M$2.17
Q1 FY2025$3.28B4.7%$644.0M$2.04
Q4 FY2024$3.41B12.1%$783.0M$2.64
Q3 FY2024$3.34B11.9%$730.0M$2.26

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorFinancials
SIC industryState Commercial Banks
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2024
SEC CIK93751

Selected SEC filings

10-K2026-02-19
View on EDGAR →
10-K2025-02-13
View on EDGAR →
10-Q2026-07-30
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-10-30
View on EDGAR →
10-Q2025-07-31
View on EDGAR →
8-K2026-08-12
View on EDGAR →
8-K2026-08-07
View on EDGAR →

Largest bank peers

All bank stocksAll Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.