State Street Q2 Earnings Call Highlights

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTMarketBeatThu, July 16, 2026 at 7:03 PM GMT+2 8 min readKey PointsInterested in State Street Corporation? Here are five stocks we like better.State Street posted strong Q2 2026 results, with earnings per share of $3.65 versus $2.17 a year ago and revenue up 17% to a record $4 billion. Management highlighted record fee revenue, record net interest income, and strong performance across servicing, investment management and markets.The company raised its full-year outlook, now expecting fee revenue growth of 12% to 13% and net interest income growth of 14% to 15%. It also increased expenses guidance, but still expects about 500 basis points of positive operating leverage and a pre-tax margin near 32%.State Street set ambitious medium-term targets, including a 35% pre-tax margin and mid-20s return on tangible common equity over the cycle. Executives said growth will come from core businesses, alternatives, digital assets and wealth services, supported by a technology and AI-driven transformation program.State Street (NYSE:STT) reported sharply higher second-quarter 2026 earnings and raised its full-year outlook, as executives pointed to record fee revenue, record net interest income and continued momentum across investment servicing, investment management and markets.Chief Executive Officer Ron O'Hanley said the quarter reflected "disciplined execution, deep client engagement, and continued momentum across our businesses." The company reported second-quarter earnings per share of $3.65, up from $2.17 in the prior-year period. Excluding prior-year notable items, earnings grew 44% year over year, according to O'Hanley.→ 3 Space Stocks That Could Outshine SpaceX After Its IPOTotal revenue rose 17% from a year earlier to a record $4 billion. Chief Financial Officer John Woods said fee revenue increased 16% to $3.2 billion, while net interest income rose 18% to $860 million, supported by a 17-basis-point increase in net interest margin to 113 basis points.Expenses increased 10% year over year to $2.7 billion, excluding notable items, primarily due to higher revenue-related costs and continued strategic investments. The results lifted pre-tax margin by 470 basis points to 34%, while return on tangible common equity rose more than six percentage points to about 26%.→