1、1NYSE:STTOctober 17,20252A 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 3Q25 financial results,and the Addendum to these materials for a summary of our

2、 3Q25 and 2025 YTD financial results,presented on a GAAP-basis.B Represents average interest-earning assets.Refer to the Appendix included with this presentation for endnotes 1 to 25.All comparisons are to corresponding prior year period unless otherwise noted.See note A below for a description of e

3、x-notables presentation.Record AUM of$5.4T at quarter-end with total net inflows of$26B1Continued ETF market share gains in U.S.Low Cost ETF suite1Expanded capabilities with 39 new products launched in 3Q25,96 YTDInvestment Management$637MTotal capital returnCapital return679%Payout ratioCapital rat

4、ios7 5.6%Tier 1 leverage11.3%CET1$295BInterest-earning assetsB0.96%Net interest margin5Balance sheetInvestment ServicesRecord AUC/A of$51.7T at quarter-end;AUC/A wins of$361B1New servicing fee revenue wins of$47M21 new State Street Alpha mandate win1Strategic partnership with Apex Fintech Solutions

5、to address growing global opportunity in Wealth Services3State Street MarketsStrong trading volumes&lending balances supporting IS and IM clientsWinner of 8 categories in the Euromoney 2025 FX Awards4Investment Servicing3Q252025 YTDTotal revenue$3.5B9%$10.3B7%Fee revenue$2.8B12%$8.1B10%Total expense

6、s$2.4B5%$7.3B5%Operating leverageFee operating leverage332bps614bps258bps496bpsPre-tax margin31.1%28.7%ROTCE20.9%19.0%EPS$2.7823%$7.3421%Ex-notablesA3 Total revenue of$3.5B,up 9%Fee revenue of$2.8B,up 8%;up 12%ex-notables reflecting broad-based strength across the franchise NII of$715M,down(1)%prima