State Street Q1 EPS rises 49% to $2.04 as total revenue grows 5%
State Street reported first-quarter 2025 diluted EPS of $2.04, up 49% from a year earlier, with total revenue up 5% to $3.28 billion and fee revenue up 6%. The company also said it will redeem all $1 billion of its 5.104% Fixed-to-Floating Rate Senior Notes due 2026 on May 18, 2025, using cash on hand.
Key points
- Diluted EPS was $2.04 versus $1.37 in 1Q24 and $2.46 in 4Q24; net income was $644 million, up 39% year over year and down 18% from 4Q24.
- Total revenue was $3,284 million, up 5% year over year; total expenses fell 3% to $2,450 million.
- State Street will redeem all $1 billion of 5.104% Senior Notes on May 18, 2025 at 100% of principal plus accrued interest, funded with cash on hand.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 17, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.