State Street (STT) Interest Expense - Fed Funds (2017 - 2026)
State Street's Interest Expense - Fed Funds was $1 million in Q2 2026, down 97.1% from $35 million a year earlier and down 50.0% from the prior quarter.
State Street (STT) Interest Expense - Fed Funds (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, State Street's Interest Expense - Fed Funds was $12 million through Jun 30, 2026, down 92.5% year-over-year; for FY2025, it came in at $95 million, down 39.1% from FY2024.
- Interest Expense - Fed Funds shows a five-year compound annual growth rate of 88.4% (FY2020 to FY2025).
- In earlier years, Interest Expense - Fed Funds was $156 million in FY2024 (+358.8%), $34 million in FY2023 (+142.9%) and $14 million in FY2022.
- Quarterly Interest Expense - Fed Funds has moved between $1 million (Q4 2025) and $51 million (Q1 2025) over five years.
- Compared with a year earlier, Interest Expense - Fed Funds has declined for five straight quarters, with growth averaging 85.4% over the last eight quarters.
- The best year-over-year quarter for Interest Expense - Fed Funds over five years was Q4 2024 (growth of 666.7%); the worst was Q4 2025 (a decline of 97.8%).
- Per Business Quant data, STT's Interest Expense - Fed Funds in the three quarters before Q2 2026 was $2 million (Q1 2026), $1 million (Q4 2025) and $8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 1.00 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 35.00 Mn |
| Mar 31, 2025 | 51.00 Mn |
| Dec 31, 2024 | 46.00 Mn |
| Sep 30, 2024 | 28.00 Mn |
| Jun 30, 2024 | 43.00 Mn |
| Mar 31, 2024 | 39.00 Mn |
| Dec 31, 2023 | 6.00 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | 13.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 9.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Dec 31, 2020 | 1.00 Mn |
| Jun 30, 2020 | 1.00 Mn |
| Mar 31, 2020 | 2.00 Mn |
State Street Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=STT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "STT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=STT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();