State Street Corporation (STT) Q4 Earnings Beat Expectations, Stock Drops 3.5%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Earnings Beat: State Street reported adjusted EPS of $2.97 for Q4, exceeding the $2.84 analyst consensus and showing growth from $2.78 in Q3 and $2.60 a year ago, indicating strong profitability.
- Significant Revenue Growth: The company achieved $3.67 billion in revenue for Q4, a 7% year-over-year increase that surpassed expectations of $3.62 billion, driven by an 8% rise in servicing fees and a 15% increase in management fees, reflecting ongoing business expansion.
- Increased Expense Outlook: Despite strong results, State Street's guidance for 2026 projects expense growth of 3-4%, significantly above the 1.6% anticipated by the market, raising investor concerns and contributing to the stock's decline.
- Strong Asset Management Performance: The company reported $5.7 trillion in assets under management, a 20% year-over-year increase, while assets under custody reached a record $53.8 trillion, showcasing its competitive position in the market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
