道富集团 2026年季度报告

Form10-Q MA(State or other jurisdiction of incorporation)One Congress StreetBoston, MA(Address of principal executive offices) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12months (or for such shorter period that the registrant was required to file such reports) and (2)has been subject to such filingrequirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smaller reporting company", and "emerging growth company" inRule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐SmallerreportingcompanyEmerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒The number of shares of the registrant’s common stock outstanding as of April 27, 2026 was 276,767,033. STATE STREET CORPORATIONQUARTERLY REPORT ON FORM 10-Q FOR THE QUARTERLY PERIOD ENDEDMarch31, 2026 TABLE OF CONTENTS FINANCIAL INFORMATIONManagement's Discussion and Analysis of Financial Condition and Results of Operations4General4Financial Results and Highlights8Consolidated Results of Operations9Total Revenue9Net Interest Income13Provision for Credit Losses15Expenses15Repositioning Charges16Income Tax Expense16Line of Business Information16Investment Servicing17Investment Management18Financial Condition18Investment Securities19Loans22Risk Management23Credit and Counterparty Risk Management23Liquidity Risk Management23Operational Risk Management26Information Technology Risk Management26Market Risk Management27Model Risk Management30Strategic Risk Management30Capital31Off-Balance Sheet Arrangements38Recent Accounting Developments38Quantitative and Qualitative Disclosures About Market Risk39Controls and Procedures39Financial Statements40Consolidated Statement of Income (unaudited)40Consolidated Statement of Comprehensive Income (unaudited)41Consolidated Statement of Condition42Consolidated Statement of Changes in Shareholders' Equity (unaudited)43Consolidated Statement of Cash Flows (unaudited)44Condensed Notes to Consolidated Financial Statements (unaudited)45Note 1. Summary of Significant Accounting Policies45Note 2. Fair Value46Note 3. Investment Securities49Note 4. Loans and Allowance for Credit Losses53Note5. Goodwill and Other Intangible Assets58Note6. Other Assets59 Item 3Item 4Item 1 Note 7. Derivative Financial InstrumentsNote 8. Offsetting ArrangementsNote 9. Commitments and GuaranteesNote 10. ContingenciesNote 11. Variable Interest EntitiesNote 12. Shareholders' EquityNote 13. Regulatory CapitalNote 14. Net Interest IncomeNote 15. ExpensesNote 16. Earnings Per Common ShareNote 17. Line of Business InformationNote 18. Revenue from Contracts with CustomersNote 19. Non-U.S. ActivitiesNote 20. Subsequent EventsReview Report of Independent Registered Public Accounting Firm OTHER INFORMATION PART II Unregistered Sales of Equity Securities and Use of ProceedsOther InformationExhibitsSignatures 81818283 Item 2Item 5Item 6 We use acronyms and other defined terms for certain business terms and abbreviations, as defined in the acronyms listand glossary following the consolidated financial statements in this Form 10-Q. State Street Corporation | 3 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONAND RESULTS OF OPERATIONS ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSISOFFINANCIALCONDITIONANDRESULTSOFOPERATIONS GENERAL State Street Corporation is one of the world’s leadingprovidersof financial services to institutional investors,includinginvestment servicing,markets and financingsolutionsand investment management.Our clients—asset managers and owners, insurance companies, wealthmanagers, official institutions, and central banks — rely onusto deliver solutions that support their businessobjectives across the investment life cycle. Annual Report on Form 10-K for the year ended December31, 2025 previously filed with the SEC (2025 Form 10-K).The financial information contained in this Management'sDiscussion and Analysis and elsewhere in this Form 10-Qshould be read in conjunction with the financial an