Slide 1: 3Q 2026 Financial Highlights
3Q 2026 Financial Highlights NYSE: STT October 14, 2026 1
Slide 2: 3Q26 highlights
3Q26 highlights All comparisons are to corresponding prior year period unless otherwise noted. Ex-notables A 3Q26 2026 YTD Investment Services • Record AUC/A of $59.2T at quarter-end; AUC/A wins of $429B1,2 $4.0B $11.8B • Record Servicing fees of $1.5B Total revenue ▲13% ▲15% • New servicing fee rev
Slide 3: 3Q26 YTD: continued improved performance toward medium-term targets
3Q26 YTD: continued improved performance toward medium -term targets Track record of improved performanceA Key strategic pillars Delivering continued improvement Pre-tax margin (%) Medium-Term Targets 32.7% 1 Global franchises at scale 29.2% 26.4% 27.6% 35% Pre-Tax Margin FY2023 FY2024 FY2025 2026 Y
Slide 4: Summary of 3Q26 financial results
Summary of 3Q26 financial results Financial results Performance highlights Quarters %∆ All comparisons are to corresponding prior year period unless otherwise noted. See note A below for a description of non-GAAP presentations. (GAAP; $M, except EPS data, or where otherwise noted) 3Q25 2Q26 3Q26 2Q2
Slide 5: Servicing fees
Servicing fees Servicing fees ($M) 3Q26 performance Servicing fees of $1,492M up 10% YoY and 2% QoQ +10% +2% • Up 10% YoY and 2% QoQ primarily driven by organic growth and higher average market levels10 $1,388 $1,409 $1,468 $1,492 $1,357 3Q25 4Q25 1Q26 2Q26 3Q26 Performance indicators 3Q26 business
Slide 6: Management fees
Management fees Management fees ($M) 3Q26 performance +20% Management fees of $797M up 20% YoY and 3% QoQ +3% • Up 20% YoY and 3% QoQ driven by higher average market levels and quarterly long-term net inflows of $69B, partially offset by Cash net $797 outflows of $(62)B1 $717 $724 $772 $664 3Q25 4Q2
Slide 7: FX trading services and Securities finance
FX trading services and Securities finance FX trading services ($M) Securities finance ($M) +17% +9% -14% +1% $494 $150 $151 $435 $427 $138 $127 $364 $350 $116 3Q25 4Q25 1Q26 2Q26 3Q26 3Q25 4Q25 1Q26 2Q26 3Q26 3Q26 performance 3Q26 performance FX trading services of $427M up 17% YoY and down (14)% S
Slide 8: Software services
Software services 11 Software services 3Q26 performance 11 +5% Software services of $175M up 5% YoY and 5% QoQ +5% • Software and data revenue up 10% YoY driven by higher go-live $169 $175 $167 $163 $166 revenue from onboarded clients On-premises 12 8 14 16 9 21 Professional 35 35 36 services 37 30
Slide 9: Net interest income
Net interest income 7 NII ($M) 3Q26 performance +21% NII of $864M up 21% YoY and relatively flat QoQ +0% • Up 21% YoY reflecting a 16bps increase in NIM $802 $835 $860 $864 $715 – NIM increased 16bps YoY largely due to an improved funding mix and investment portfolio repricing as well as a reduction
Slide 10: Expenses
Expenses Expenses ($M) 3Q26 performance +8% Expenses of $2,620M up 8% YoY and down (1)% QoQ – Up 8% YoY primarily driven by higher revenue-related costs and -1% continued strategic investments – Down (1)% QoQ largely reflecting lower performance-based incentive $2,659 $2,620 YoY % compensation $2,43
Slide 11: Capital and liquidity
Capital and liquidity 6 Capital (%, as of period-end) Capital and liquidity metrics CET1 ratio (Standardized) 3Q25 2Q26 3Q26 Capital Return ($M) 11.3% 11.6% 10.6% 10.8% 11.0% Declared common dividends $237 $231 $251 Common share repurchases 400 400 400 Total capital return 637 631 651 Capital ($B) C
Slide 12: FY2026 updated outlook and key assumptions
FY2026 updated outlook and key assumptions July OutlookA,B FY2026 Updated OutlookA Key AssumptionsA • Global equity markets flat from current Fee levels Up ~12 – 13% YoY Up ~13 – 14% YoY Revenue • Organic growth in Investment Services and Investment Management • Broadly aligned with current forward
Slide 13: —_ STATE
—_ STATE = STREET.
Slide 14: Appendix
Reconciliation of notable items 15 Reconciliation of constant currency impacts 16 Appendix Endnotes & other information Forward-looking statements Non-GAAP measures 17 19 20 Definitions 21 14
Slide 15: Reconciliation of notable items
Reconciliation of notable items Quarterly reconciliation % Change Year-to-Date % Change 3Q26 3Q26 YTD 2026 vs. vs. vs. (Dollars in millions, unless noted otherwise) 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3Q25 2Q26 2025 2026 YTD 2025 Total fee revenue, GAAP-basis $ 2,570 $ 2,719 $ 2,829 $ 2,862 $ 2,960 $
Slide 16: Reconciliation of constant currency impacts
Reconciliation of constant currency impacts Reconciliation of Constant Currency FX Impacts % Change Constant Reported Currency Translation Impact Excluding Currency Impact Currency 3Q26 3Q26 3Q26 3Q26 3Q26 3Q26 vs. vs. vs. vs. vs. vs. (Dollars in millions) 3Q25 2Q26 3Q26 3Q25 2Q26 3Q25 2Q26 3Q25 2Q2
Slide 17: Endnotes & other information
Endnotes & other information This presentation (and the conference call accompanying it) includes certain highlights of, and also material supplemental to, State Street Corporation’s news release announcing its third quarter 2026 financial results. That news release contains a more detailed discussi
Slide 18: Endnotes & other information (cont.)
Endnotes & other information (cont.) 10. Organic growth represents growth excluding estimated market and FX impacts. 11. Software services revenue primarily includes revenue from CRD, Alpha Data Platform and Alpha Data Services. Includes Other revenue of $3-5M in each of 3Q25 through 3Q26. Revenue l
Slide 19: Forward-looking statements
Forward-looking statements This Presentation contains forward-looking statements within the meaning of United States securities laws, including statements about our goals and expectations regarding our strategy, growth and sales prospects, capital management, business, financial and capital conditio
Slide 20: Non-GAAP measures
Non-GAAP measures In addition to presenting State Street's financial results in conformity with U.S. generally accepted accounting principles, or GAAP, management also presents certain financial information on a basis that excludes or adjusts one or more items from GAAP. This latter basis is a non-G
Slide 21: Definitions
Definitions ARR Annual recurring revenue AUC/A Assets under custody and/or administration AUM Assets under management CET1 ratio Common equity tier 1 ratio CRD Charles River Development Diluted earnings per share (EPS) Net income available to common shareholders divided by diluted average common sha