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State Street (STT) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended March 2026, State Street Corporation (STT - Free Report) reported revenue of $3.8 billion, up 15.6% over the same period last year. EPS came in at $2.84, compared to $2.04 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.68 billion, representing a surprise of +3.24%. The company delivered an EPS surprise of +9.23%, with the consensus EPS estimate being $2.60.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how State Street performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Basel III Advanced Approaches - Tier 1 Leverage Ratio: 5.4% versus 5.4% estimated by three analysts on average.
Net interest margin (FTE): 1.2% compared to the 1.1% average estimate based on three analysts.
Average balance - Total interest-earning assets: $293.11 billion compared to the $295.4 billion average estimate based on two analysts.
Basel III Standardized Approach - Tier 1 capital ratio: 13.1% versus 13.8% estimated by two analysts on average.
Assets under Management (AUM): $5,620.00 billion compared to the $5,538.51 billion average estimate based on two analysts.
Net Interest Income: $835 million compared to the $783.43 million average estimate based on three analysts.
Total fee revenue: $2.96 billion versus $2.89 billion estimated by three analysts on average.
Net Interest Income - fully taxable-equivalent basis: $835 million versus $783.43 million estimated by three analysts on average.
Software services: $169 million versus the two-analyst average estimate of $227.88 million.
Other fee revenue: $107 million versus $49.23 million estimated by two analysts on average.
Management fees: $724 million versus the two-analyst average estimate of $654.27 million.
Servicing fees: $1.41 billion compared to the $1.39 billion average estimate based on two analysts.
Shares of State Street have returned +17.3% over the past month versus the Zacks S&P 500 composite's +5.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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State Street (STT) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2026, State Street Corporation (STT - Free Report) reported revenue of $3.8 billion, up 15.6% over the same period last year. EPS came in at $2.84, compared to $2.04 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.68 billion, representing a surprise of +3.24%. The company delivered an EPS surprise of +9.23%, with the consensus EPS estimate being $2.60.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how State Street performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for State Street here>>>
Shares of State Street have returned +17.3% over the past month versus the Zacks S&P 500 composite's +5.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.