STT STATE STREET CORP

Overview and Growth

Fiscal 2025 results for STATE STREET CORP included $13.94B of revenue and net income of $2.94B. Reported revenue of $13.94B establishes the scale of the bank’s recognized income for the year and provides context for comparing earnings with the financial resources employed. Compared with $13.00B in fiscal 2024, revenue recorded a 7.3% year-over-year increase. On a per-share basis, diluted EPS was $9.40, which connects the reported earnings outcome with the company’s diluted share count. The per-share result recorded a 14.5% increase from fiscal 2024 diluted EPS of $8.21. Diluted shares averaged 289.02M; this is the reported share base over which the company’s diluted per-share earnings were spread. Compared with 302.23M diluted shares in fiscal 2024, the current 289.02M base was 4.4% lower. Total assets stood at $366.05B, defining the scale of the bank’s financial balance sheet and providing the base for evaluating earnings returns, capitalization, liquidity, and its shareholder-capital buffer.

Profitability

Net income was $2.94B, providing the bank’s bottom-line earnings result for the fiscal year. The final earnings result represented 21.1% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $3.73B, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 26.8%, relating income before taxes directly to revenue. The reported income-tax provision was $786.00M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 21.1%, quantifying the portion of pre-tax earnings paid in income tax. The relationship between net income and period-end equity was 10.6%, indicating the profitability achieved on book capital. The net-income-to-assets relationship measured 0.8%, showing earnings relative to the full balance sheet. Current net income of $2.94B was above fiscal 2024 net income of $2.69B, showing the direction of the bottom-line change. The balance-sheet-intensive banking model makes net income, return on assets, and return on equity the most relevant links between earnings and financial scale. Asset-based returns show the earnings produced by the bank’s full balance sheet, while equity-based returns relate that result specifically to the shareholder-capital base and clarify the relationship between them.

Liquidity and Capital Structure

Total assets were $366.05B, supported by $338.21B of liabilities and $27.84B of shareholder equity. The company held $4.43B in cash and equivalents, a narrower liquidity measure than total current assets. Book equity represented 7.6% of total assets, quantifying the balance-sheet share supported by shareholder capital. Relative to total assets, liabilities measured 92.4%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 1.2%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 3.6% higher than fiscal 2024 assets of $353.24B, measuring the company’s own balance-sheet change. Reported equity changed 9.9% from $25.33B in fiscal 2024, placing the current capital base higher year over year. Compared with $3.15B in fiscal 2024, the current cash balance moved 41.0% and finished higher. The mix of equity and liabilities is central to a bank’s resilience because book capital provides the balance sheet’s principal loss-absorbing layer. Year-over-year movement in total assets shows whether the banking platform expanded or contracted, while the accompanying change in book equity shows how shareholder capital moved alongside that balance-sheet scale.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.