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STATE STREET . Boston , MA ... October 18 , 2021 STATE STREET REPORTS THIRD QUARTER 2021 EPS OF $ 1.96 ; $ 2.00 EXCLUDING NOTABLE ITEMS ( a ) TOTAL FEE REVENUE UP 9 % STRONG SERVICING AND MANAGEMENT FEE GROWTH OF 7 % AND 10 % ACHIEVED NEW INVESTMENT SERVICING WINS OF $ 1.7 TRILLION EXPENSES UP 1 % ; FLAT EX - NOTABLES ( a ) PRE - TAX MARGIN OF 29.3 % ; 29.9 % EX - NOTABLES ( a ) ROE OF 11.6 % , UP 2.7 % POINTS FINANCIAL HIGHLIGHTS ( Table presents summary results , dollars in millions , except per share amounts , or where otherwise noted ) Income statement : Total fee revenue Net interest income Other income Ron O'Hanley , Chairman and Chief Executive Officer : " As we continued to execute against our strategic priorities , our team delivered yet another strong set of results in the third quarter across our business and made measurable progress towards our recently enhanced medium - term financial targets . Robust revenue growth , continued expense discipline and productivity management resulted in strong year - over - year pre - tax margin expansion and earnings growth . Our differentiated solutions and operational capabilities are yielding client benefits across the franchise , as evidenced by another strong quarter of AUC / A servicing wins and a record quarterly revenue performance at Global Advisors . " Total revenue Provision for credit losses O'Hanley added : " We announced in the third quarter our intention to acquire BBH Investor Services , which will further strengthen our competitive positioning and market leadership in asset servicing , deepen our international reach , propel our Alpha strategy and create long - term value for our shareholders . " Total expenses Net income Financial ratios and other metrics : Diluted earnings per share ( EPS ) Return on average common equity ( ROE ) Pre - tax margin AUC / A ( $ billions ) ( 1 ) AUM ( $ billions ) ( ¹ ) ( 1 ) As of period - end . Investor Contact : llene Fiszel Bieler +1 617-664-3477 3Q21 1 $ 2,504 487 ( 1 ) 2,990 ( 2 ) 2,116 714 $ 1.96 11.6 % 2Q21 $ 2,514 467 53 3,034 ( 15 ) 2,111 763 % changes noted below reflect year - over - year 3Q comparisons $ 2.07 3Q20 $ 2,306 478 2,784 2,103 555 $ 1.45 12.6 % 29.3 30.9 24.5 43,337 42,597 36,643 3,862 3,897 3,148 8.9 % % QOQ % 4 nm ( 1 ) State Street Corporation One Lincoln Street Boston , MA 02111 NYSE : STT www.statestreet.com ( 86.7 ) | News Release ( 6 ) 2 % ( 5 ) % ( 100 ) bps ( 160 ) ( 1 ) % YoY 9 % 2 nm 7 nm 1 29 35 % 270 bps 480 ( 2 ) See " 3Q21 Highlights " in this news release for a listing of notable items . Results excluding notable items and / or currency translation impact are non - GAAP measures . Please refer to the Addendum included with this news release for an explanation and reconciliation of non - GAAP measures . 18 % 23 Media Contact : Carolyn Cichon +1 617-664-8672