State Street Q3 EPS $3.69 Beats, Revenue Misses; Guidance Raised
STT sits 69% above its 52-week low of $104.635.
Summary
State Street reported Q3 adjusted EPS of $3.69, beating the $3.67 consensus, while revenue of $4.004B came in slightly below the $4.028B estimate. Net interest income of $864M exceeded expectations of $852.9M, and net income reached $1.09B with a 16.4% ROE. The company also raised full-year 2026 guidance across fee revenue, NII, and other metrics, following the 8-K filed this morning. This is the first detailed earnings release for Q3 and confirms continued strong performance, though the revenue miss may temper enthusiasm. State Street Q3 profit and revenue rose, but the stock was down in pre-market trading.
At the time of this announcement, STT was trading at $176.52 on NYSE in the Finance sector, with a market capitalization of approximately $47.8B. The 52-week trading range was $104.64 to $195.93. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.