State Street Q4 EPS falls 2% to $2.42 as revenue rises 7% to $3.7 billion
State Street reported fourth-quarter and full-year 2025 results on January 16, 2026. Total revenue rose 7% year over year to $3.7 billion, but diluted EPS fell 2% to $2.42 and net income fell 5% to $747 million, as total expenses rose 12% including $206 million in net notable items. Excluding notable items, EPS was $2.97.
- Total revenue of $3,667 million in 4Q25, up 7% from 4Q24; total fee revenue rose 8%.
- Diluted EPS of $2.42 versus $2.46 in 4Q24; $2.97 excluding notable items.
- Net income of $747 million, down 5% year over year; pre-tax margin was 25.0% versus 28.1%.
- Repositioning charges of $226 million in 4Q25, mainly workforce rationalization and real estate footprint optimization; State Street returned $635 million to common shareholders, including $400 million of buybacks.