State Street (STT) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Fri, April 17, 2026 astatine 11:58 AM CDT 41 min read

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Friday, April 17, 2026 astatine 11 a.m. ET

• Chief Executive Officer — Ron O'Hanley

• Chief Financial Officer — John Woods

• Head of Investor Relations — Elizabeth Lynn

Operator: Good morning, and invited to State Street Corporation's First Quarter 2026 Earnings Conference Call and Webcast. Today's telephone volition beryllium hosted by Elizabeth Lynn, Head of Investor Relations astatine State Street Corporation. We inquire that you delight clasp each questions until the completion of the ceremonial remarks, astatine which clip you volition beryllium fixed instructions for the question and reply session. Today's treatment is being broadcast unrecorded connected State Street's website astatine investors.statestreet.com. This league telephone is besides being recorded for replay. State Street Corporation's league telephone is copyrighted, and each rights are reserved. This telephone whitethorn not beryllium recorded for rebroadcast oregon organisation successful full oregon successful portion without the expressed written authorization from State Street Corporation.

The lone authorized broadcast of this telephone volition beryllium housed connected the State Street Corporation website. Now I would similar to manus the telephone implicit to Elizabeth Lynn.

Elizabeth Lynn: Good morning, and convey you each for joining us. On our telephone contiguous are CEO, Ron O'Hanley, who volition talk first, and past John Woods, our CFO, volition instrumentality you done our archetypal 4th 2026 net presentation, which is disposable for download successful the Investor Relations conception of our website, investors.statestreet.com. Afterward, we volition beryllium blessed to instrumentality questions. Before we get started, I would similar to punctual you that today's presumption volition see results presented connected a ground that excludes oregon adjusts 1 oregon much items from GAAP. Reconciliations of these non-GAAP measures to the astir straight comparable GAAP oregon regulatory measurement are disposable successful the net merchandise addendum. In addition, today's telephone volition incorporate forward-looking statements.

Actual results whitethorn disagree materially from those statements owed to a assortment of important factors, specified arsenic those referenced successful our treatment contiguous and successful our SEC filings, including the hazard origin conception successful our Form 10-Ks. Our forward-looking statements talk lone arsenic of today; we disclaim immoderate work to update them adjacent if our views change. With that, fto maine crook it implicit to Ron.

Ron O'Hanley: Thank you, Elizabeth. Good morning, everyone, and convey you for joining us. I volition statesman with a fewer broader observations earlier John walks you done our fiscal results successful much detail. Reflecting connected the first-quarter operating situation for a moment, respective factors shaped capitalist sentiment successful Q1, including the Iran war, divided views connected the semipermanent impacts of artificial intelligence, and rising concerns connected recognition prime successful definite parts of the fiscal system. Against this geopolitical and macroeconomic backdrop, we stay firmly focused connected serving arsenic an indispensable semipermanent spouse to our clients and helping to present amended outcomes for the world's investors and the radical they serve.