State Street Corporation (STT) Earnings Call Transcripts
State Street Corporation's Latest Earnings Call - September 14, 2026
In the third quarter of 2026, State Street Corporation (STT:US) reported strong momentum, with fee revenues expected to grow between 13% to 14%, up from the prior guidance of 12% to 13%. The company also anticipates net interest income (NII) to reach the upper end of the 14% to 15% range, indicating robust performance amid changing market conditions. Management maintained a positive outlook for the fiscal year, highlighting a potential for 500 basis points of operating leverage, reflecting continued efficiency improvements and strategic investments.
Reported metrics
| Metric | Value |
|---|---|
| Revenue Growth | 13% to 14% (beat) |
| Net Interest Income Growth | 14% to 15% (beat) |
| Operating Leverage | 500 basis points (positive) |
| Wealth Services Growth | N/A (positive) |
| Transformation Benefits | $1 billion (positive) |
| Digital Asset Platform Launch | N/A (positive) |
Guidance from management
Management raised revenue growth expectations for 2026 to 13% to 14% and indicated NII would likely reach the upper end of the 14% to 15% range. They also maintained a positive outlook for operating leverage exceeding 500 basis points for the year.
What analysts pressed on
Analysts expressed concerns regarding the sustainability of deposit growth and the impact of changing market conditions on future performance. There were also questions about the execution of the transformation program and its potential to deliver expected benefits.
Main topics on the call
- Revenue Growth Expectations — Management indicated a positive revision in revenue expectations, stating, "fee revenues... coming in basically a little better than where we had 2026 before," projecting a growth of 13% to 14%. This is an increase from ...
- Net Interest Income Performance — NII is expected to come in towards the upper end of the 14% to 15% range, driven by strong deposit growth and interest-earning asset growth. John Woods noted, "that really allows us to think about interest-earning asset ...
- Operating Leverage — State Street is on track for its 11th consecutive quarter of positive operating leverage, with expectations to exceed 500 basis points for the year. Woods stated, "very excited about that and feeling good about the outlo...
- Strategic Initiatives in Wealth Services — Management highlighted the growing momentum in wealth services, stating, "wealth is the one that is really starting to gain momentum and gain steam." They have secured a mandate from a large RIA, indicating potential for...
Read the full State Street Corporation transcript (September 14, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About State Street Corporation
State Street Corporation (STT) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 76 calls on record spanning January 17, 2020 to September 14, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 76 State Street Corporation earnings call transcripts on record, spanning January 17, 2020 to September 14, 2026. Based on this history, State Street Corporation reports quarterly. The most recent call on file is dated September 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- STT
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 76
- First call
- January 17, 2020
- Most recent
- September 14, 2026
- Reporting cadence
- quarterly