---
schema_version: "secwatch.filing_event.v1"
accession: "0000093751-23-000550"
form_type: "8-K"
ticker: "STT"
cik: "0000093751"
company_name: "STATE STREET CORP"
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:45:22.956500+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# State Street Q1 EPS $1.52, net income down 9% YoY, NII up 50%

## Summary
- EPS $1.52 vs $1.57 YoY; net income $549M down 9% YoY; total revenue $3.1B up 1%.
- Fee revenue $2.335B down 9% YoY; NII $766M up 50% on higher rates.
- CET1 ratio 12.1%; returned $1.5B capital via buybacks and dividends.
- Provision for credit losses $44M including $29M from $1B liquidity support to a bank.
- AUC/A $37.6T down 10%; AUM $3.6T down 10%; announced acquisition of CF Global Trading.

## SEC filing metadata
- accession: 0000093751-23-000550
- form_type: 8-K
- ticker: STT
- cik: 0000093751
- company_name: STATE STREET CORP
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93751/000009375123000550/0000093751-23-000550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93751/000009375123000550/stt-20230417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093751-23-000550
- JSON: https://secwatch.observer/filing/0000093751-23-000550.json
- Plain text: https://secwatch.observer/filing/0000093751-23-000550.txt

## Key facts
- Earnings Releases
  STATE STREET CORP reported first-quarter of 2023 results: revenue $3,101, net income $549, EPS $1.52.
  - Period: first-quarter of 2023
  - Revenue: $3,101
  - Net income: $549
  - EPS: $1.52
  - Result: reported results
  source text: 1Q23 4Q22 1Q22 % QoQ % YoY Income statement: Total fee revenue $ 2,335 $ 2,364 $ 2,573 (1) % (9) % Net interest income 766 791 509 (3) 50 Other Income — — (1) nm nm Total revenue 3,101 3,155 3,081 (2) 1 Provision for credit losses 44 10 — nm nm Total expenses 2,369 2,256 2,327 5 2 Net income 549 733 604 (25) (9) Financial ratios and other metrics: Diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/93751/000009375123000550/0000093751-23-000550-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.