State Street Q2 2026: EPS $3.65, revenue $4.05 billion, net income up 56.4%
State Street beat the $3.36 consensus EPS estimate, and net income rose 56.4% from a year ago to $1.08 billion. The quarter was carried by fee revenue, up 17.2%, with a 34.3% pre-tax margin and a 25.5% return on tangible common equity showing the operating leverage. The view is Bullish, because growth is now coming from fees as well as from interest rates.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $3.65 beat the $3.3633 consensus estimate by about $0.29, roughly 8.5%. Earnings per share rose 68.2% from $2.17 a year ago and 46.6% from $2.49 last quarter, helped by a 3.2% smaller diluted share count of 281.1 million. Net income of $1.08 billion was up 56.4% year over year.
Total revenue was $4.05 billion, up 17.4% from $3.45 billion a year ago and 6.6% above last quarter's $3.80 billion. Fee revenue of $3.19 billion drove the increase, up 17.2%, with management fees up 28.7% and foreign exchange trading services up 25.7%. This was the fourth straight quarterly increase, from $3.45 billion in the June 2025 quarter.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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