State Street (STT) Posts Strong Q1 Earnings, Record AUC/A & AUM

Font: Financial Modeling Prep  • Apr 17, 2026

State Street Corporation (NYSE:STT) Achieves Record AUC/A and Strong Q1 Earnings Beat

State Street Corporation (NYSE:STT) achieved record Assets Under Custody/Administration (AUC/A) and Assets Under Management (AUM).

The company reported strong first-quarter earnings per share (EPS) of $2.84, surpassing analyst estimates.

Revenue reached approximately $3.80 billion, exceeding expectations and marking the fourth consecutive quarter of beats.

State Street is a leading financial services provider that offers investment servicing and management to institutional investors worldwide. The company's core activities involve safeguarding and administering financial assets. It recently achieved record levels for both its Assets Under Custody/Administration (AUC/A) and Assets Under Management (AUM), key indicators of its business volume.

On April 17, 2026, State Street reported strong first-quarter earnings results. The company announced an earnings per share (EPS) of $2.84, which successfully beat the analyst consensus estimate of $2.60. This result is also a significant increase from the $2.04 per share reported in the same quarter a year ago.

In addition to its earnings beat, State Street posted revenue of approximately $3.80 billion. This figure surpassed the estimated $3.67 billion and improved upon the $3.28 billion from the prior year's quarter. This performance marks the fourth consecutive quarter that the company has exceeded consensus estimates for both earnings and revenue.

The positive results were driven by a surge in Net Interest Income (NII) and growth in fee revenues, as highlighted by Zacks. As noted by The Wall Street Journal, higher profit was also helped by fee growth from foreign exchange trading services. However, these gains were partially offset by higher expenses and increased provisions.

From a valuation standpoint, State Street has a price-to-earnings (P/E) ratio of 14.13 over the last twelve months. The company's earnings yield, which measures earnings relative to the stock price, is 7.08%. Other metrics include a price-to-sales ratio of 1.80 and an EV-to-Sales ratio of 1.78.