State Street (STT) News Today

State Street Corporation (NYSE: STT) saw its stock price decline today after mixed second-quarter results and projections. While the firm delivered some upside surprises, margin pressures and lower net interest income weighed on investor sentiment. Key factors driving today’s move include:

• Positive Sentiment: Non-GAAP EPS of $2.53 beat consensus by $0.17 and revenue of $3.45 billion topped estimates by $100 million, driven by robust fee growth and AUM expansion. SA: Non-GAAP EPS Beats
• Positive Sentiment: Zacks Research raised its Q1 2026 EPS estimate to $2.16 (from $2.15) and lifted its full-year EPS forecast to $9.68, highlighting improved earnings visibility. MarketBeat: Zacks EPS Upgrade
• Positive Sentiment: Management projects steady net interest income for FY 2025 alongside sustained fee-driven growth. GuruFocus: FY25 NII Outlook
• Neutral Sentiment: Analysts maintain a consensus “Hold” rating on STT, reflecting balanced views on valuation versus growth prospects. MarketBeat: Consensus Hold
• Neutral Sentiment: Portfolio adjustments include ceasing a substantial holding in Monadelphous Group and building a position in Gascoyne Resources. TipRanks: Monadelphous Exit TipRanks: Gascoyne Stake
• Negative Sentiment: GAAP EPS of $2.04 missed consensus by $0.35, as higher operating costs and margin pressures took a toll. MarketBeat: EPS Miss
• Negative Sentiment: Net interest income fell short as pricing pressure outweighed expense discipline, raising concerns about profitability. SA: Pricing Pressure
• Negative Sentiment: The stock gapped down at the open after the mixed earnings, reflecting investor caution over slowing NII and cost headwinds. MarketBeat: Shares Gap Down