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1、14Q and FY2025 Financial HighlightsNYSE:STTJanuary 16,202624Q25 and FY2025 highlightsA Ex-notables and some other metrics(e.g.,ROTCE)are non-GAAP presentations;refer to the Appendix for a reconciliation,and further explanations,of non-GAAP measures.See page 3 for a summary of our 4Q25 and FY2025 fin
2、ancial results,and the Addendum to these materials for a further summary of our 4Q25 and FY2025 financial results,presented on a GAAP-basis.B Represents average.Refer to the Appendix included with this presentation for endnotes 1 to 27.All comparisons are to corresponding prior year period unless ot
3、herwise noted.Record AUM of$5.7T at quarter-end with total net inflows of$85B in 4Q25 and$181B in FY20251Expanded capabilities with 37 new products launched in 4Q25,134 in FY2025Strategic investments&partnerships with Coller Capital and Groww AMC5,6Investment ManagementInvestment ServicesRecord AUC/
4、A of$53.8T at quarter-end;AUC/A wins of$2.1T in FY20251,2New servicing fee revenue wins of$87M in 4Q25,with$333M in FY202524 new State Street Alpha mandate wins in FY20251Launched Digital Asset Platform to support tokenized product development3State Street MarketsIn FY2025,strong FX trading volumes
5、up 14%,securities on loan up 17%BWealth ServicesStrategic investment and partnership with Apex Fintech Solutions4Investment Servicing4Q25FY2025Total revenue$3.7B7%$14.0B7%Fee revenue$2.9B8%$11.0B9%Total expenses$2.5B6%$9.8B5%Operating leverageFee operating leverage105bps109bps219bps396bpsPre-tax mar
6、gin30.7%29.2%ROTCE21.5%19.6%EPS$2.9714%$10.3019%Ex-notablesACapital return7Capital ratios8$2.1BTotal capital return78%Payout ratio5.5%Tier 1 leverage11.7%CET1$295BInterest-earning assetsB1.00%Net interest margin9Balance sheetPeriod-endFY20253($M,except EPS data)4Q243Q254Q25Repositioning charges(net)