Company Analysis

State Street Corporation (STT)

NYSE: STT · State Commercial Banks · Boston, MA · filing with the SEC since 1994
Grade6.3
◀ Past 7.5● Present 5.0▶ Future 6.3

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 19, 2026Feb 13, 2025Feb 15, 2024Feb 16, 2023Feb 17, 2022Feb 19, 2021Feb 20, 2020Feb 21, 2019Feb 26, 2018Feb 17, 2017
Revenue13,94413,00011,94512,14812,02711,70311,75612,131r11,266r10,207
For lenders
Interest and dividend income11,64411,9779,1804,0881,9082,5753,9413,6622,9082,512
Interest expense on deposits and borrowings8,6849,0546,4211,544······
Net interest income2,9602,9232,7592,5441,9052,2002,5662,6712,3042,084
Provision for credit losses····-33881015210
Noninterest income10,98010,1569,4809,60610,0129,4999,1479,454r9,001r8,116
Noninterest expense10,1549,5309,5838,8018,8898,7169,0349,015r8,2698,077
Interest expense··6,4211,54433751,375991604428
Income before income taxes3,7313,3952,3163,3273,1712,8992,7123,101r2,995r2,120
Income tax expense786708372553478479470508r839r-22
Net income to non-controlling interests·······00-1
Net income2,9452,6871,9442,7742,6932,4202,2422,593r2,156r2,143
Preferred dividends226202122·······
Net income to common shareholders2,7172,4831,8212,6602,5722,2572,0092,404r1,972r1,968
Earnings per share, basic9.558.335.657.287.306.405.436.46r5.26r5.03
Earnings per share, diluted9.408.215.587.197.196.325.386.39r5.19r4.97
Weighted average shares, basic284,545297,883322,337365,214352,565352,865369,911371,983374,793391,485
Weighted average shares, diluted289,019302,226326,568370,109357,962357,106373,666376,476380,213396,090
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
us-gaap:InterestIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanAndLeaseLosses
us-gaap:ProvisionForLoanLeaseAndOtherLosses
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton STT · research, not advice