PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Street Bank and Trust Company, National Association

New York, NY · Cert 24938

NC

Q2 2026

$65.2MAssets
$0KLoans
$0KDeposits
$63.9MEquity

Executive Summary

  • Earnings: ROA of 11.77%, up 1 bps year over year; NIM at 1.61%.
  • Capital: tier 1 leverage ratio of 101.58%, up 144 bps from a year ago.

Return on Assets (YTD, annualized)

11.77%+1 bps YoY

Net Interest Margin (YTD, annualized)

1.61%-25 bps YoY

Efficiency Ratio (YTD, annualized)

59.58%-630 bps YoY

Tier 1 Leverage Ratio

101.58%+144 bps YoY

NIM

2.06%Q2 ’241.85%Q2 ’251.61%Q2 ’26-10%-13%

Non-interest income vs. expense

35.76%Q2 ’2426.27%Q2 ’2522.74%Q2 ’26+38%-18%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets16.29%16.94%11.72%11.76%11.74%11.31%12.73%11.77%+1 bps
Return on Equity16.54%17.20%11.86%11.91%11.87%11.43%12.85%11.92%0 bps
Net Interest Margin1.94%1.89%1.84%1.85%1.86%1.82%1.65%1.61%-25 bps
Efficiency Ratio60.21%58.04%68.46%65.88%63.75%63.83%52.59%59.58%-630 bps
Non-Interest Burden-19.46%-19.81%-13.52%-11.75%-12.04%-11.54%-15.11%-13.82%-207 bps
Growth
Asset Growth (YoY)-12.30%18.16%17.99%38.70%35.44%32.39%34.20%12.57%-2,614 bps
Loan Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio101.52%101.94%100.20%100.14%100.92%100.88%100.87%101.58%+144 bps
Total Risk-Based Capital207%277%310%286%366%359%349%344%+5,797 bps
Equity / Assetsn/an/an/an/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a