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Compared to Estimates, State Street (STT) Q2 Earnings: A Look at Key Metrics
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State Street Corporation (STT - Free Report) reported $4.05 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 17.4%. EPS of $3.65 for the same period compares to $2.53 a year ago.
The reported revenue represents a surprise of +3.95% over the Zacks Consensus Estimate of $3.89 billion. With the consensus EPS estimate being $3.30, the EPS surprise was +10.61%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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: 5.3% versus the three-analyst average estimate of 5.4%.
Net interest margin (FTE): 1.1% versus 1.1% estimated by three analysts on average.
Average balance - Total interest-earning assets: $305.41 billion compared to the $294.79 billion average estimate based on two analysts.
Basel III Standardized Approach - Tier 1 capital ratio: 13.2% versus 13.9% estimated by two analysts on average.
Assets under Management (AUM): $6,278.00 billion versus $6,182.00 billion estimated by two analysts on average.
Net Interest Income: $860 million versus the three-analyst average estimate of $833.83 million.
Total fee and other revenue: $3.19 billion compared to the $3.06 billion average estimate based on three analysts.
Net Interest Income - fully taxable-equivalent basis: $860 million compared to the $833.83 million average estimate based on three analysts.
Software services: $166 million versus $177.62 million estimated by two analysts on average.
Other fee revenue: $138 million versus the two-analyst average estimate of $116 million.
Management fees: $772 million versus the two-analyst average estimate of $747.55 million.
Servicing fees: $1.47 billion versus $1.48 billion estimated by two analysts on average.
Shares of State Street have returned +9.1% over the past month versus the Zacks S&P 500 composite's +0.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, State Street (STT) Q2 Earnings: A Look at Key Metrics
State Street Corporation (STT - Free Report) reported $4.05 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 17.4%. EPS of $3.65 for the same period compares to $2.53 a year ago.
The reported revenue represents a surprise of +3.95% over the Zacks Consensus Estimate of $3.89 billion. With the consensus EPS estimate being $3.30, the EPS surprise was +10.61%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 +9.1% over the past month versus the Zacks S&P 500 composite's +0.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.