State Street reports record AUC/A of $51.7T at quarter end

Says Servicing Fees Business momentum includes: Record AUC/A of $51.7T at quarter-end; New 3Q25 servicing fee revenue wins of $47M, primarily driven by back office, including a strong contribution from private markets; Trailing 12-month servicing fee revenue wins of $401M; $361B in new servicing AUC/A wins in 3Q25, with the majority from Asset Owners and Asset Managers; 1 new Alpha mandate win in 3Q25; 1 Alpha mandate go-live in 3Q25; 1st third-party custodian leveraging blockchain technology to connect to a Distributed Ledger to provide custody services for digitally native fixed income instruments. Says Management Fees business momentum includes: Product innovation: 39 products launched in 3Q25, including 23 ETFs; Expanded sub-advisory model to Europe and launched AAA CLO ETF; In the U.S., launched a short duration private credit ETF; reinforced sector leadership with 11 sector premium income funds; ETF: Continued momentum and market share gains in U.S. Low Cost ETF suite; strong inflows across EMEA and U.S. Sectors, as well as Gold, supported by expanded global distribution; Institutional: Strong inflows across Index Fixed Income and Multi-Asset Solutions; Cash: Net inflows of $17B into Money Market funds, which drove increased Institutional Money Market Funds market share.Says Software and processing fees business momentum includes: 3Q25 ARR increased ~13% YoY driven by continued SaaS client conversions and implementations; Strong uninstalled revenue backlog, up 45% YoY. Comments taken from Q3 earnings conference call slides