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Sankey diagram of State Street Corporation. A complete text table follows the diagram.
Custody supplies the enormous institutional footprint, while foreign exchange, software and index management turn financial plumbing into higher-margin services
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All product-to-business flows and segment economics are directly reported. The $59M senior-equity allocation combines $58M preferred dividends with $1M allocated to participating securities.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Custody & fund servicing | 1 | $1.4B | $54.5T under custody/admin; +11% |
| Investment management | 1 | $724M | $5.62T managed; +23% |
| Foreign exchange services | 1 | $435M | Institutional currency execution; +29% |
| Securities finance | 1 | $116M | Lending client securities |
| Software services | 1 | $169M | Charles River and institutional workflows; +7% |
| Other fees | 1 | $107M | Ancillary institutional services |
| Client-balance net interest income | 1 | $835M | Custody deposits and securities; +17% |
| Other income | 1 | $1M | Securities-sale gain |
| Investment Servicing | 2 | $3.1B | Custody, markets, financing and software |
| Investment Management | 2 | $741M | SPDR ETFs and institutional strategies |
| Servicing pretax income | 3 | $850M | 28% margin, up from 24% |
| Servicing operations & credit | 3 | $2.2B | People, systems, processing and provision |
| Management pretax income | 3 | $249M | 34% margin, up from 28% |
| Management operations | 3 | $492M | Portfolio, distribution and product costs |
| Institutional-finance profit pool | 4 | $1.1B | Both businesses expanded margins |
| Consolidated pretax income | 5 | $969M | 25.5% pretax margin |
| Other corporate loss | 5 | $130M | Unallocated compensation and systems |
| Net income | 6 | $764M | After $205M tax |
| Income tax | 6 | $205M | 21.2% effective rate |
| Income for common shareholders | 7 | $705M | $2.49 diluted EPS |
| Preferred & participating claims | 7 | $59M | Senior equity allocations |
| From | To | Value |
|---|---|---|
| Custody & fund servicing | Investment Servicing | $1.4B |
| Investment management | Investment Management | $724M |
| Foreign exchange services | Investment Servicing | $432M |
| Foreign exchange services | Investment Management | $3M |
| Securities finance | Investment Servicing | $110M |
| Securities finance | Investment Management | $6M |
| Software services | Investment Servicing | $169M |
| Other fees | Investment Servicing | $102M |
| Other fees | Investment Management | $5M |
| Client-balance net interest income | Investment Servicing | $832M |
| Client-balance net interest income | Investment Management | $3M |
| Other income | Investment Servicing | $1M |
| Investment Servicing | Servicing pretax income | $850M |
| Investment Servicing | Servicing operations & credit | $2.2B |
| Investment Management | Management pretax income | $249M |
| Investment Management | Management operations | $492M |
| Servicing pretax income | Institutional-finance profit pool | $850M |
| Management pretax income | Institutional-finance profit pool | $249M |
| Institutional-finance profit pool | Consolidated pretax income | $969M |
| Institutional-finance profit pool | Other corporate loss | $130M |
| Consolidated pretax income | Net income | $764M |
| Consolidated pretax income | Income tax | $205M |
| Net income | Income for common shareholders | $705M |
| Net income | Preferred & participating claims | $59M |