STT State Street Corp.

US Treasury Dept proposes temp regulations to implement automatic enrollment in Trump Accounts The regulations could increase the number of children enrolled in Trump Accounts in 2026 by more than 60M The tax-deferred investing accounts include a one-time $1,000 deposit from the Treasury for kids born b/n 2025-2028 $STT $BLK $IVV $VTI $SPYM

Yesterday, 5 reports: $STT beat — $3.69 vs $3.68 est. $MS beat — $3.03 vs $2.92 est. $HOMB beat — $0.65 vs $0.64 est. $BLK beat — $15.93 vs $14.30 est. $PGR beat — $4.60 vs $4.46 est. 5 beats.

$STT (State Street, the Boston custody bank and asset manager) saw Q3 2026 total revenue slip 1% from Q2 to $4.004B, as FX trading revenue fell 14% to $427M from $494M on a lower mix of emerging-markets revenue. Market value ~$48.07B at the Oct 12 close of $174.98. Other side: Q3 EPS was $3.69, up 33% YoY, and the FY2026 outlook was raised to fee revenue up ~13-14% (from ~12-13%) and NII up ~15-16% (from ~14-15%). Call today 11am ET; $500M of 2027 notes to be redeemed Nov 18 with cash on hand.

State Street reported Q3 2026 earnings per share (EPS) of $3.69, slightly above analyst consensus estimates of approximately $3.60–$3.68. However, shares plunged 8.1% in premarket trading to $160, suggesting investors were concerned about other aspects of the results, including operating expenses, net interest income trends or management’s outlook. The selloff follows a difficult month in which the stock declined approximately 7% amid concerns that higher interest rates could pressure fee income and that rising technology and operating costs might outpace revenue growth. Truist Securities had maintained a Hold rating while lowering its price target, reflecting cautious sentiment toward capital-markets stocks ahead of earnings season. State Street’s results were released alongside those of Morgan Stanley and BlackRock, making the session an important test for the financial-services sector. $STT $MS $BLK

$STT State Street printed 3.69 dollars in Q3, basically in line with the 3.68 dollars expected, on 4.00 billion dollars of revenue, up about 13 percent YoY but a hair under the 4.04 billion dollars expected. Fees were a touch light too, 3.14 billion dollars vs 3.16 billion expected (FactSet), servicing fees 1.49 billion vs 1.51 billion expected. NII went the other way, up 20.8 percent to 864 million dollars, ahead of the 853 million expected. Assets were the strong part. AUC/A hit a record 59.2 trillion dollars, up 15 percent, and AUM rose to 6.31 trillion dollars, up 15.8 percent YoY, well ahead of expectations for a dip from Q2. Stock was down about 9 percent premarket.

$STT Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $3.69 up 32.73% YoY • Reported revenue of $4B up 12.95% YoY

$STT State Street reports before the open today, around 7:30 a.m. ET (company release, Sept. 23). Q2 set a high bar, with EPS of 3.65 dollars, revenue of about 4.05 billion dollars, and fee revenue up 17 percent. Guidance moved up in July too. Fee revenue growth is now seen at 12 to 13 percent for the year, and net interest income growth at 14 to 15 percent, both well above the prior ranges. Q3 consensus sits around 3.60 to 3.68 dollars on about 4.04 billion dollars in revenue. Assets under custody were 57.9 trillion dollars at June 30.