State Street's Q2 Earnings Top as Fee Income Rises Y/Y, Stock Down

Key Takeaways State Street posted Q2 adjusted EPS of $2.53, up 17.7% Y/Y and above the consensus estimate of $2.36. Fee revenues rose 6.8% to $2.72B, offsetting declines in NII and helping drive total revenues up 8.1% Y/Y. Expenses jumped 11.5% while provisions tripled, sending STT shares down 3.8% in pre-market trading.State Street’s (STT) second-quarter 2025 adjusted earnings of $2.53 per share surpassed the Zacks Consensus Estimate of $2.36. The bottom line also increased 17.7% from the prior-year quar ...