State Street (STT) Q1 2026 Profit Rises 19% to $764 Million
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowState Street (STT) reported a net profit of $764 million for Q1 2026, marking a 19% increase from $644 million in the previous year. Diluted earnings per share increased by 22% to $2.49, while revenue rose 16% to $3.7 billion. The growth was driven by stronger fee income and higher net interest income. As of the end of the quarter, investment servicing assets under custody reached $54.5 trillion, up 17% year-on-year, alongside investment management assets totaling $5.6 trillion, a 20% increase.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About State Street Corporation (STT)
State Street is a major custodian bank and asset manager behind the SPDR ETFs.
The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.
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- FlexShares' GQRE vs. State Street's RWR: A Comparative Analysis
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