Every material Form 8-K State Street filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
State Street reported third-quarter 2025 diluted earnings per share of $2.78, up 23% from $2.26 a year earlier, with total revenue of $3,545 million, up 9%, and net income of $861 million, up 18%. The company also returned $637 million to common shareholders in the quarter and previously announced an 11% dividend increase to $0.84 per share.
Diluted EPS was $2.78 versus $2.17 in the second quarter of 2025 and $2.26 in the third quarter of 2024.
Total revenue was $3,545 million, up 9% year over year, with total fee revenue up 8% to $2,829 million.
Total expenses rose 5% to $2,434 million, and the pre-tax margin was 31.1%.
State Street returned $637 million to common shareholders, including $400 million in share repurchases and $237 million in declared dividends.
State Street's board elected Brian J. Porter as an independent director on September 15, 2025, and appointed him to the Human Resources Committee and the Risk Committee. The filing describes his director pay as a pro rata share of a $110,000 annual cash retainer and a $235,000 common stock retainer, so the addition adds a board member with committee roles but does not change company operations.
Brian J. Porter elected independent director on September 15, 2025
Appointed to the Human Resources Committee and the Risk Committee effective on election date
Pro rata share of $110,000 annual retainer and $235,000 common stock retainer for 2025-2026
Stock award priced at the NYSE closing price on the election date
State Street reported second-quarter 2025 diluted EPS of $2.17, up 1% from a year earlier, and total revenue of $3,448 million, up 8%, driven by fee revenue growth of 11%. Net income fell 3% to $693 million, and results include a $100 million repositioning charge tied to workforce rationalization; excluding notable items, EPS was $2.53. The company also said it plans to raise its quarterly dividend 11% to $0.84 per share in the third quarter, subject to board approval.
Diluted EPS $2.17 vs. $2.15 in 2Q24; $2.53 excluding notable items
Total revenue $3,448 million, up 8%; fee revenue $2,719 million, up 11%
Net income $693 million, down 3% from $711 million; total expenses $2,529 million, up 11%
Planned quarterly dividend increase of 11% to $0.84 per share in 3Q25, subject to Board approval
State Street announced it will appoint John F. Woods, currently CFO of Citizens Financial Group, as its chief financial officer, effective no later than August 25, 2025, replacing interim CFO Mark R. Keating, who will return to his other responsibilities. Woods' pay package includes a $750,000 annualized base salary, a $6,750,000 target 2025 incentive award, and buy-out awards tied to compensation he forfeits from Citizens.
John F. Woods to become CFO, effective no later than August 25, 2025
Mark R. Keating ceases interim CFO role when Woods starts
Letter agreement dated April 24, 2025: $750,000 base salary, $1,000,000 transition payment, $6,750,000 target 2025 incentive award
Buy-out awards total $15,000,000 across cash, deferred stock and performance-based RSUs
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.
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.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every State Street filing is on SEC EDGAR ↗. 8-K briefs of other companies →