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Compared to Estimates, State Street (STT) Q3 Earnings: A Look at Key Metrics

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State Street Corporation (STT - Free Report) reported $4 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 13%. EPS of $3.69 for the same period compares to $2.78 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $4.04 billion, representing a surprise of -0.9%. The company delivered an EPS surprise of +1.1%, with the consensus EPS estimate being $3.65.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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: 5.5% versus the three-analyst average estimate of 5.3%.
  • Net interest margin (FTE): 1.1% versus 1.1% estimated by three analysts on average.
  • Assets under Management (AUM): $6,306.00 billion compared to the $6,375.31 billion average estimate based on two analysts.
  • Average balance - Total interest-earning assets: $305.12 billion versus $305.35 billion estimated by two analysts on average.
  • Basel III Standardized Approach - Tier 1 capital ratio: 16.9% versus the two-analyst average estimate of 13.5%.
  • Total fee and other revenue: $3.14 billion compared to the $3.2 billion average estimate based on three analysts.
  • Net Interest Income - fully taxable-equivalent basis: $864 million versus $857.91 million estimated by three analysts on average.
  • Net Interest Income: $864 million compared to the $857.91 million average estimate based on three analysts.
  • Software services: $175 million versus the two-analyst average estimate of $170.68 million.
  • Other fee revenue: $98 million versus $112.65 million estimated by two analysts on average.
  • Foreign exchange trading services: $427 million versus $443.37 million estimated by two analysts on average.
  • Management fees: $797 million compared to the $811.83 million average estimate based on two analysts.

View all Key Company Metrics for State Street here>>>

Shares of State Street have returned -6% over the past month versus the Zacks S&P 500 composite's +2.1% 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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