State Street falls after Q3 revenue falls short of estimate

State Street

14/10/2026 17:30

** Shares of State Street STT.N hit their lowest since June, last down 6.7% to $162.47
** The US custodian bank reports Q3 revenue of $4 bln, slightly missing analysts' estimate of $4.03 bln, according to data compiled by LSEG 
** Quarterly fee revenue of $3.14 billion also falls short of $3.17 billion estimate
** Q3 EPS $3.69 beats est $3.67 
** Stock trading at 11.49x expected EPS over the next 12 months, slightly above industry median of 11.09
** Including session's move, STT up nearly 26% YTD

 (Reporting by Jayasree Prabhu)
 ((Jayasree.Prabhu@thomsonreuters.com))