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STT / Q3 2026

State Street

Reported 2026-10-14

Published forecast

Oct 11, 2026, 11:13 PM PDT

Opus 5.5 High in Shortcut

Shortcut

3.71

Shortcut normalized EPS

+0.7% vs Street

Street

3.68

Street normalized EPS

Frozen October 11 snapshot

Real

3.69

Diluted EPS excluding notable items

Shortcut loss

Shortcut off by $0.02 · Street off by $0.01.

Reported diluted EPS is $3.69. State Street confirms there were no notable items this quarter, so EPS excluding notable items is also $3.69.

Issuer earnings release ↗

USD per diluted share

Explore the model.

Open the assumptions and calculations behind this earnings forecast.

STT reviewed earnings model
Open in Shortcut ↗Download XLSX ↓

Behind the estimate.

Higher average client assets support servicing and management fees. The model offsets that growth with lower foreign-exchange trading revenue and smaller securities-finance activity.

Net interest income follows the annual guide, and expenses remain nearly flat from the prior quarter. Assumed buybacks leave normalized EPS modestly above consensus.

Forecast and independent review: Opus 5.5 High in Shortcut.

Model assumptions and review notes
  • Cash and total assets are a partial capital-return scenario. Operating cash flow, capex and issuer-defined free cash flow are unavailable rather than independently forecast.
  • The Street net-income attribution remains unverified. Some historical revenue reconciliations and FX-adjusted growth conventions are approximations.

On the record.

Reporting period
Q3 2026, ended 2026-09-30
Reporting basis
Diluted EPS excluding notable items (State Street ex-notables = normalized diluted EPS), USD per diluted common share. Income Statement!J115 = J113/J89 = NI to common ex-notables 1,031.3059 (J85 GAAP NI to common = NI 1,090.3059 - preferred 58 - participating 1; + after-tax notables 0, J102) / diluted shares 278.2369 (Share Count!J34). GAAP J91 is identical because 3Q26E notables are 0 (original judgment). No ADR or FX conversion; the TSM rules do not apply.
Published
Oct 11, 2026, 11:13 PM PDT
Model / effort
Opus 5.5 · High effort

Original forecasts, models and publication times remain on the record.

Research sources