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.
Key points
- 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.
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 January 16, 2026.
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.