MARKETS / NYSE / STT

NYSE · STATE COMMERCIAL BANKS · LARGE CAP

State Street Corp. STT

19 fiscal years on record · USD · FY2025 reported · SEC filings only

15 YEARS OF DIVIDEND GROWTH

Revenue

$13.9B

▲ 7.3% YoY

Net income

$2.9B

▲ 9.6% YoY

Free cash flow

$10.8B

In brief

What this company does

Through its subsidiaries, including principal banking subsidiary State Street Bank and Trust Company, State Street Corporation operates in more than 100 geographic markets worldwide, providing a broad range of financial products and services to institutional investors globally. As of December 31, 2025, it had consolidated total assets of $366.05 billion, consolidated total deposits of $274.35 billion, consolidated total shareholders' equity of $27.84 billion and approximately 52,000 employees. Its operations are organized into two lines of business, Investment Servicing and Investment Management, defined based on the products and services provided. Our Investment Servicing line of business provides a broad range of investment servicing and market and financing solutions to institutional clients, including mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, wealth managers, investment managers, foundations and endowments worldwide. As of December 31, 2025, it serviced AUC/A of approximately $53.80 trillion, comprising approximately $37.42 trillion in the Americas, approximately $12.92 trillion in Europe and the Middle East and approximately $3.46 trillion in the Asia-Pacific region. The Investment Management line of business provides investment management solutions and products for clients through State Street Investment Management, spanning equity, fixed income, liquidity and cash, multi-asset and alternatives strategies, delivered through products such as ETFs, custom indexed, and actively managed funds and mandates. As of December 31, 2025, State Street Investment Management had approximately $5.67 trillion in AUM. State Street Corporation was organized in 1969 under the laws of the Commonwealth of Massachusetts and is a bank holding company that has elected to be treated as a financial holding company under the Bank Holding Company Act of 1956.

Written from the business description in STATE STREET CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 13.9B

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 13.9 · Net income 2.9

Compound annual growth

Revenue

+4.7%

+3.6%

+3.0%

Net income

+2.0%

+4.0%

+4.3%

EPS, diluted

+9.3%

+8.3%

+7.7%

Dividend / share

+10.1%

+9.0%

+9.3%

+33.9%

Returned to shareholders

−2.1%

+10.6%

+0.7%

+37.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +3.6% a year over five years — but profit grew faster: net income at +4.0%, earnings per share at +8.3%.

The share count fell from 0.35B to 0.28B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

21 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 26.8% · Net 21.1%

ROE

FY2025 · ROE 11.1%

Gross margin—

Operating margin26.8%

Net margin21.1%

Return on assets0.8%

EBITDA—

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders

USD 2.3B

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2025 · FCF 10.8

Net buybacks $B Dividends $B

FY2025 · Dividends 1.1 · Net buybacks 1.2

Dividends paidUSD 1.1B

Net buybacksUSD 1.2B

Share of profit78.8%

Consecutive raises15 years

USD 1.1B in dividends and USD 1.2B in buybacks — 79% of the year's profit went back to shareholders.

Total assetsUSD 366.0B

EquityUSD 27.8B

CashUSD 4.4B

Gross debtUSD 29.0B

Net debtUSD 24.5B

DepositsUSD 274.4B

Net debt stands at 88% of equity.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	13.9	13.0	11.9	12.1	12.0	11.7	11.8	12.1	11.3	10.2	10.4	10.3	9.9	9.6	9.6	9.0	8.6	10.7	8.3
Operating income $B	3.7	3.4	2.3	3.3	3.2	2.9	2.7	·	·	·	·	·	·	·	·	·	·	·	·
EBITDA $B	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Income tax $B	0.8	0.7	0.4	0.6	0.5	0.5	0.5	0.5	0.8	−0.0	0.3	0.4	0.6	0.7	0.6	0.5	0.7	1.0	0.6
Net income $B	2.9	2.7	1.9	2.8	2.7	2.4	2.2	2.6	2.2	2.1	2.0	2.0	2.0	2.1	1.9	1.6	−1.9	1.8	1.3
Free cash flow $B	10.8	−14.1	−0.1	11.2	−7.5	3.0	5.0	9.6	6.3	1.7	−2.1	−1.0	−2.4	1.6	3.1	0.6	−4.6	−2.6	2.5
EPS, diluted $	9.40	8.21	5.58	7.19	7.19	6.32	5.38	6.39	5.19	4.97	4.47	4.53	4.43	4.20	3.79	3.09	−4.31	4.30	3.45
Dividend / sh $	3.20	2.90	2.64	2.40	2.18	2.08	1.98	1.78	1.60	1.44	1.32	1.16	1.04	0.96	0.72	0.04	0.04	0.95	0.88
Payout %	38	38	50	35	32	37	41	32	36	34	33	27	24	22	15	1	−9	22	24
ROE %	11.1	10.9	7.9	10.6	10.1	9.6	9.1	11.0	9.9	10.1	9.3	9.7	10.0	10.2	10.3	9.6	−13.8	15.0	11.2
Shares out B	0.28	0.29	0.30	0.35	0.37	0.35	0.36	0.38	0.37	·	·	·	·	·	·	·	·	·	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

State Street Corp.vsJPMorgan Chase & Co.Same industry: State Commercial Banks State Street Corp.vsBank of America Corp.Same industry: State Commercial Banks State Street Corp.vsCitigroup Inc.Same industry: State Commercial Banks State Street Corp.vsWells Fargo & CompanySame industry: State Commercial Banks State Street Corp.vsUS Bancorp \de\Same industry: State Commercial Banks State Street Corp.vsPNC Financial Services Group, Inc.Same industry: State Commercial Banks State Street Corp.vsBank of New York Mellon Corp.Same industry: State Commercial Banks

Provenance

Company facts, as filed

How we verify · 0 failures in 56 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 1 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityState Commercial Banks

Listed onNYSE

Incorporated inMassachusetts

Fiscal year endsDecember 31

Data on record since2007