State Street Corp NYSE:STT Price, Chart, News & Insight

State Street Falls 6.4% Despite Strong Q3 Growth as Fee Revenue Slips Sequentially

State Street (NYSE: STT) shares fell about 6.4% after the company reported third-quarter 2026 EPS of $3.69, up 33% year over year, on total revenue of $4.0 billion, up 13%. Net income increased 27% to $1.09 billion, while pre-tax margin expanded to 34.6%.

Assets under custody and administration reached a record $59.2 trillion, up 15%, while assets under management rose 16% to a record $6.3 trillion. State Street also reported $429 billion of new servicing AUC/A wins and $68 million of new servicing fee revenue wins during the quarter.

Revenue growth was broad-based. Servicing fees rose 10% year over year, management fees increased 20%, FX trading services rose 17%, and securities finance increased 9%. Net interest income climbed 21%, supported by a 16-basis-point improvement in net interest margin.

However, there were some softer sequential trends. Total fee revenue declined 2% from the second quarter, while total revenue fell 1% quarter over quarter. FX trading services also declined sequentially despite remaining higher year over year.

Expenses increased 8% year over year, reflecting higher compensation, technology spending and other strategic investments. Information systems and communications expense rose 15%, while compensation and employee benefits increased 8%.

Capital remained solid, with a CET1 ratio of 11.0%. State Street returned $651 million to shareholders during the quarter, including $400 million of share repurchases and $251 million of dividends.

The 6.4% decline appears to reflect investor concern over the sequential decline in fee revenue and total revenue, together with continued expense growth, despite strong year-over-year earnings growth, record AUC/A and AUM, and improved profitability.

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Global Finance News 10-14-26

State Street Expands MyIncome ETF Suite as Assets Surpass $1 Billion

State Street Investment Management expanded its MyIncome ETF lineup with three new actively managed target-maturity bond ETFs, extending the range across corporate, high-yield and municipal bond exposures.

The new funds are the State Street My2036 Corporate Bond ETF (MYCP), State Street My2032 High Yield Corporate Bond ETF (MYHF) and State Street My2032 Municipal Bond ETF (MYML). The products are designed to help investors build customized bond ladders while managing cash flow, interest-rate exposure and liquidity needs.

The expansion comes as assets in the MyIncome ETF suite surpassed $1 billion. State Street said the suite had $1.16 billion in assets under management as of August 31, 2026.

State Street launched the MyIncome suite in 2024 as the first actively managed corporate and municipal target-maturity bond ETFs in the U.S. market. The firm later added high-yield exposure, and the latest launches extend the maturity range available to investors.

The funds are actively managed with the goal of enhancing income while controlling liquidity, issuer concentration and broader macro risks. They are designed to distribute remaining principal and liquidate around December 15 of their target maturity year.

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The Investor 09-23-26

State Street Corporation announced plans to launch a tokenized fund servicing capability from Luxembourg by the end of 2026, expanding its digital asset infrastructure.

The new service, built on the firm’s Digital Asset Platform, will enable the issuance, administration, and custody of tokenized funds while integrating them with traditional fund structures under a unified operating model. State Street Investment Management is expected to be an early adopter.

The company said Luxembourg was chosen due to its supportive regulatory framework for digital assets, with the initiative aimed at combining traditional and digital fund operations within a consistent governance and risk framework.

Source: State Street press release, Business Wire

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The Investor 04-28-26

State Street Corporation reported a strong start to 2026, posting first-quarter earnings per share of $2.49, or $2.84 excluding notable items, alongside record revenue performance driven by broad-based growth across its businesses. Total revenue rose 16% year-over-year to $3.8 billion, supported by a 15% increase in fee revenue and a 17% rise in net interest income, while net income climbed 19% to $764 million.

The company highlighted significant expansion in its core asset base, with assets under custody and administration (AUC/A) increasing 17% to $54.5 trillion and assets under management (AUM) rising 20% to $5.6 trillion, largely reflecting favorable market conditions and net inflows. Operational momentum was also evident in new business wins, including $56 million in servicing fee revenue and $365 billion in new AUC/A mandates during the quarter.

Growth was broad across segments, with management fees up 23%, foreign exchange trading revenue rising 29%, and servicing fees increasing 11%. The firm also reported record FX trading volumes and continued gains in ETF inflows and software-related revenues. Despite a 15% increase in expenses—partly due to restructuring and investment costs—State Street maintained solid profitability, delivering a pre-tax margin of 25.5% and positive operating leverage.

CEO Ron O’Hanley emphasized the company’s resilience and diversified model, noting that continued strategic execution and client-focused operations drove the strong quarterly performance, while acknowledging ongoing macroeconomic and geopolitical uncertainties.

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European Investor 04-18-26

State Street announced it will support Dimensional Fund Advisors’ rollout of ETF share classes for U.S. mutual funds, marking the first implementation of this structure under new SEC rules.

Dimensional becomes the first U.S. asset manager to introduce ETF share classes within actively managed mutual funds, a development expected to enhance tax efficiency and reduce costs for investors.

State Street will provide full-service support, including custody, fund accounting, ETF operations, and reporting, leveraging its global ETF servicing capabilities to enable the launch.
Business Wire

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WS Investor 03-23-26

State Street Corporation (NYSE: STT) is going to announce its first-quarter 2026 financial results on Friday, April 17, 2026 at 7:30 a.m. ET. A conference call will be held at 11:00 a.m. ET.

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Global Finance News 03-19-26

State Street Investment Management launched the State Street IG Public & Private ABS ETF (PRAB), an actively managed exchange-traded fund designed to give investors broader exposure to investment-grade asset-backed securities across both public and private markets.

The fund invests in securities such as collateralized loan obligations (CLOs) and residential and commercial mortgage-backed securities, aiming to provide diversified income opportunities and potentially higher yields compared with corporate bonds of similar risk.

State Street said the ETF responds to growing investor demand for access to the global asset-backed finance market, which exceeds $20 trillion but remains underrepresented in traditional bond portfolios.
Business Wire

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The Investor 03-11-26

State Street Investment Management has expanded its MyIncome ETF lineup with the launch of five actively managed high yield corporate bond target maturity ETFs, adding to what it calls the industry’s first actively managed corporate target maturity ETF suite.

The new funds — My2027 (MYHA), My2028 (MYHB), My2029 (MYHC), My2030 (MYHD) and My2031 (MYHE) High Yield Corporate Bond ETFs — provide exposure to high yield bonds with matching maturity years from 2027 through 2031. The ETFs are designed to help investors build bond ladders that manage interest rate risk while offering predictable income and liquidity.

Managed by the firm’s fixed income team, the funds aim to maximize yield while preserving capital and managing liquidity, sector and issuer concentration risks. Each ETF is structured to distribute remaining principal and liquidate around December 15 of its respective maturity year. As of January 31, 2026, assets under management in the MyIncome suite totaled $298 million.

Source:Business Wire

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Global Finance News 02-28-26

State Street Corporation (NYSE:STT) announced a quarterly cash dividend of $0.84 per share of common stock, payable on April 13, 2026 to common shareholders of record at the close of business on April 1, 2026.

Additionally, State Street Corporation announced a cash dividend on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” “J,” and “K”

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Global Finance News 02-21-26

State Street Corporation announced that Mariner will implement Charles River’s Wealth Management Solution to streamline operations and support its expansion to **5,000 advisors**, up from more than 2,080 today.

The platform, developed by Charles River Development, will centralize portfolio management, trading, custodial data integration, and enterprise data management. The goal is to improve efficiency, reduce operational complexity, and create a scalable technology foundation without disrupting advisor or client experience.

Mariner, which advises on over **$632 billion** in assets, said the partnership supports its long-term growth strategy and modernization efforts.

As of December 31, 2025, State Street reported **$53.8 trillion** in assets under custody and/or administration and **$5.7 trillion** in assets under management.

Source: Business Wire

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European Investor 02-12-26

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