State Street (STT) reported third-quarter 2026 net income of $1.09 billion and diluted earnings per share of $3.69. Total revenue was $4.004 billion, up 13% from the prior-year quarter and down 1% sequentially.
Fee revenue increased 11% year over year to $3.14 billion, while net interest income rose 21% to $864 million. Total expenses increased 8% to $2.62 billion.
- Servicing fees rose 10% year over year, and management fees increased 20%.
- Assets under custody and/or administration reached $59.173 trillion at September 30, up 15% year over year.
- Assets under management totaled $6.306 trillion, up 16% from a year earlier.
- State Street returned $651 million to common shareholders, including $400 million of share repurchases and $251 million of declared dividends.
- The standardized CET1 ratio was 11.0% at quarter-end.
