AI English summary of an SEC filing — figures as filed
State Street STTState Street said earnings per share for Q2 2025 were $2.17, up 1% compared to the same period of 2024. The company said total revenue increased 8%, primarily reflecting higher fee revenue.
Key points
AI summaryState Street said earnings per share for Q2 2025 were $2.17, up 1% compared to the same period of 2024. The company said total revenue increased 8%, primarily reflecting higher fee revenue.
State Street said the increase in earnings per share for Q2 2025 was primarily driven by higher total revenue, partially offset by higher total expenses and the net impact of notable items in the current year period, which decreased earnings per share by $0.36.
As of June 30, 2025, State Street said consolidated total assets were $376.72 billion, consolidated total deposits were $283.02 billion, consolidated total shareholders' equity was $27.31 billion, AUC/A was $49.00 trillion and AUM was $5.12 trillion.
State Street said that as of June 30, 2025, the aggregate gross pre-tax unrealized losses of $5.03 billion related to 1,447 securities were primarily related to changes in interest rates and not the result of any material changes in the credit characteristics of the securities. In Q2 2025, the company recorded no provision for credit losses and no charge-offs on HTM and AFS investment securities.
Key figures
Quarter ended June 30, 2025
- Revenue
- $3.4B
- Net income
- $693M
- EPS
- $2.17
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q2 Earnings Per Share and Total Revenue Changes
State Street said earnings per share for Q2 2025 were $2.17, up 1% compared to the same period of 2024. The company said total revenue increased 8%, primarily reflecting higher fee revenue.
Source · Based on the MD&A text of the filing
Impact of Notable Items on Earnings Per Share
State Street said the increase in earnings per share for Q2 2025 was primarily driven by higher total revenue, partially offset by higher total expenses and the net impact of notable items in the current year period, which decreased earnings per share by $0.36.
Source · Based on the MD&A text of the filing
Assets, Deposits, AUC/A and AUM as of June 30, 2025
As of June 30, 2025, State Street said consolidated total assets were $376.72 billion, consolidated total deposits were $283.02 billion, consolidated total shareholders' equity was $27.31 billion, AUC/A was $49.00 trillion and AUM was $5.12 trillion.
Source · Based on the MD&A text of the filing
Unrealized Losses on Investment Securities and Allowance for Credit Losses
State Street said that as of June 30, 2025, the aggregate gross pre-tax unrealized losses of $5.03 billion related to 1,447 securities were primarily related to changes in interest rates and not the result of any material changes in the credit characteristics of the securities. In Q2 2025, the company recorded no provision for credit losses and no charge-offs on HTM and AFS investment securities.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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