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))