---
schema_version: "secwatch.filing_event.v1"
accession: "0000093751-23-000690"
form_type: "8-K"
ticker: "STT"
cik: "0000093751"
company_name: "STATE STREET CORP"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:18:54.818271+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# State Street Q3 GAAP EPS $1.25; adjusted $1.93; total revenue down 9% on portfolio repositioning

## Summary
- GAAP net income $422M, EPS $1.25 (down 31% YoY); excluding notable items, EPS $1.93.
- Total fee revenue up 3% YoY to $2.36B, driven by servicing fees and asset management.
- Record quarterly cash net inflows of $41B at Global Advisors; AUC/A up 12% to $40T.
- Portfolio repositioning loss of $294M ($0.68 per share after tax) to benefit NII in future periods.
- Returned $1.2B to shareholders via buybacks and dividends; CET1 ratio 11.0%.

## SEC filing metadata
- accession: 0000093751-23-000690
- form_type: 8-K
- ticker: STT
- cik: 0000093751
- company_name: STATE STREET CORP
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93751/000009375123000690/0000093751-23-000690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93751/000009375123000690/stt-20231018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093751-23-000690
- JSON: https://secwatch.observer/filing/0000093751-23-000690.json
- Plain text: https://secwatch.observer/filing/0000093751-23-000690.txt

## Key facts
- Earnings Releases
  STATE STREET CORP reported third-quarter of 2023 results: revenue $2,691, net income $422, EPS $1.25.
  - Period: third-quarter of 2023
  - Revenue: $2,691
  - Net income: $422
  - EPS: $1.25
  - Result: reported results
  source text: 2Q23 3Q22 % QoQ % YoY Income statement: Total fee revenue $ 2,361 $ 2,419 $ 2,299 (2) % 3 % Net interest income 624 691 660 (10) (5) Other income (294) — — nm nm Total revenue 2,691 3,110 2,959 (13) (9) Provision for credit losses — (18) — nm nm Total expenses 2,180 2,212 2,110 (1) 3 Net income 422 763 690 (45) (39) Financial ratios and other metrics: Diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/93751/000009375123000690/0000093751-23-000690-index.htm

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