| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 3.5K | 2.8% | 8.8% |
| Total Income | 3.5K | 2.8% | 8.8% |
| Expenditure | 2.4K | 4.5% | 4.7% |
| PBT | 1.1K | 24.0% | 19.1% |
| Net Profit | 861.00 | 24.2% | 17.9% |
| OPM | — | ||
| NPM | 24.29% | 4.19pp | 1.89pp |
| EPS | 2.83 | 28.6% | 23.6% |
State Street Reports Q3 2025 EPS of $2.78, Revenue Up 9% YoY
04 May 2026 · 4 May, 9:01 am
Summary
State Street reported strong third-quarter results with a 9% year-over-year increase in total revenue, reaching $3.5 billion. This growth was fueled by broad-based fee revenue increases. Investment Servicing AUC/A rose by 10% to $51.7 trillion, and Investment Management AUM increased by 15% to $5.4 trillion. The company returned $637 million to shareholders through repurchases and dividends, and diluted EPS increased by 23% to $2.78.
Key Highlights
- 1
State Street's third-quarter financial results reflect strong performance, driven by disciplined execution against strategic priorities.
- 2
Total revenue increased by 9% year-over-year to $3.5 billion, supported by broad-based fee revenue increases across the franchise.
- 3
Investment Servicing AUC/A as of quarter-end increased 10% to $51.7 trillion, mainly due to higher quarter-end market levels and flows.
- 4
Investment Management AUM as of quarter-end increased 15% to $5.4 trillion, mainly driven by higher quarter-end market levels and net inflows.
- 5
The company delivered its seventh consecutive quarter of positive operating leverage, excluding notable items.
- 6
State Street returned $637 million of capital to common shareholders in the third quarter through repurchases and dividends.
- 7
Diluted earnings per share (EPS) increased by 23% year-over-year to $2.78.
Management Comments
Ron O’Hanley
"Our third-quarter financial results reflect strong performance, driven by disciplined execution against our strategic priorities. We delivered 9% year-over-year total revenue growth, supported by broad-based fee revenue increases across the franchise. The consistency of our financial performance was further underscored by our seventh consecutive quarter of positive operating leverage, excluding notable items." "We remained focused on innovation and enhancing our client capabilities, as evidenced by the advancement of our Wealth Services strategy through our recently announced partnership with Apex Fintech Solutions. Amid a record quarter of Management fee revenue, our Investment Management business continued to innovate at pace, launching 39 new products as we continue to offer differentiated client solutions across our businesses." "Our robust financial performance and strong balance sheet position enabled us to return $637 million of capital to common shareholders in the third quarter in repurchases and dividends. As previously announced, we were pleased to increase State Street’s quarterly per share common stock dividend by 11% to $0.84. Looking ahead, we believe our disciplined execution, strategic focus, and commitment to innovation position us well to sustain momentum and drive long-term growth for shareholders."
Informational and educational content only. Not investment advice.