State Street Corp

Company facts

Industry

State Commercial Banks

Headquarters

Boston, Massachusetts

Most recent report

8-K, filed Aug 12, 2026

Incorporated

Massachusetts

Filings on record

1,004+ filings

On EDGAR

CIK 93751

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 9 sections worth reading, with 1 positive, 7 notable, and 3 negative flags.

• Management's Discussion (Item 2)

  MD&A with all Q2 2026 financial results, capital actions, and risk updates.
  Positive

  • EPS up 68% to $3.65, pre-tax margin 34.3% vs 25.8%, both strong Q2 2026 results.
  Notable

  • Issued $1.5B senior notes in April 2026 and $1.25B in July 2026 (after quarter).
  • One back-testing VaR exception in Q2 2026 vs none in Q1 2026 and Q2 2025.
  • Indemnified securities on loan rose to $395.86B from $371.97B at Dec 2025.
  Negative

  • CRE allowance up to $132M; 39% office exposure, risk of further provisions if markets worsen.

• Financial Statements (Item 1)

  Core financial statements with all Q2 2026 results, notes, and disclosures.
  Notable

  • HTM securities have $4.35B pre-tax unrealized loss; management considers it temporary.
  • Legal accruals for loss contingencies totaled $52M; reasonably possible loss up to $70M.
  • Unrecognized tax benefits of $238M as of June 30, 2026.
  • Repositioning charge of $89M recorded in Q1 2026; accrual balance reduced to $218M.
  Negative

  • $2.5B cash held in Russia subject to sanctions restrictions as of June 30, 2026.
  • If credit rating falls below investment grade, $1.36B additional collateral may be required.

What changed: Jun 2026 vs. Mar 2026

About 4% of STT's Jun 2026 10-Q is new information. 38 paragraphs were added, 326 changed, and 58 removed. Below are the most important lines SECSift identified.

• Item 2 175
• Item 1 108
• Item 6 4
• Item 4 2
• Item 5 1