State Street Corp. (NYSE:STT) on Wednesday reported mixed third-quarter 2026 results.
Adjusted earnings of $3.69 per share beat the analyst consensus estimate of $3.67. However, revenue rose 13% year over year to $4 billion, slightly missing Wall Street’s estimate of $4.03 billion.
Fee revenue increased 11% year over year, supported by higher servicing and management fees and stronger foreign exchange trading activity.
Servicing fees rose 10%, while management fees jumped 20%.
State Street shares fell 0.8% to trade at $165.60 on Thursday.
These analysts made changes to their price targets on State Street following earnings announcement.
Considering buying STT stock? Here’s what analysts think:
Photo via Shutterstock