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State Street Reports 16% Revenue Rise, $764M Profit

4/18/2026

Summary

Story summary

State Street Corporation, a financial services firm in Boston, Massachusetts, reported first-quarter profit of $764 million ($2.49 per share), up from $644 million ($2.04) last year.
The rise was driven by market volatility that increased client activity and fee revenue, with total revenue up 16% to $3.8 billion.
As of March 31, assets under custody and administration totaled $54.52 trillion, and CEO Ron O'Hanley cited macro and geopolitical uncertainty.

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Story summary

State Street Corporation, a financial services firm in Boston, Massachusetts, reported first-quarter profit of $764 million ($2.49 per share), up from $644 million ($2.04) last year.
The rise was driven by market volatility that increased client activity and fee revenue, with total revenue up 16% to $3.8 billion.
As of March 31, assets under custody and administration totaled $54.52 trillion, and CEO Ron O'Hanley cited macro and geopolitical uncertainty.