State Street Q1 2026 EPS rises 22% to $2.49 as total revenue grows 16%
State Street reported first-quarter 2026 diluted EPS of $2.49, up from $2.04 a year earlier, and $2.84 excluding notable items. Total revenue rose 16% to $3.8 billion and net income rose 19% to $764 million, while notable items, mainly workforce-related repositioning charges, reduced EPS by $0.35.
Key points
- Diluted EPS was $2.49 versus $2.04 in 1Q25 and $2.42 in 4Q25; excluding notable items, EPS was $2.84.
- Total revenue was $3,796 million, up 16% year over year; total expenses rose 15% to $2,811 million.
- Notable items totaled $130 million pre-tax, including $89 million of repositioning charges and $41 million of client rescoping costs.
- The company returned $633 million to common shareholders in the quarter, including $400 million of share repurchases; standardized CET1 ratio was 10.6%, down from 11.0% a year earlier.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing 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, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.