Core Insights - State Street's (STT) Q3 2025 earnings per share (EPS) reached $2.78, exceeding the Zacks Consensus Estimate of $2.62, marking a 23% increase from the previous year [1][10] - The company's net income available to common shareholders was $802 million, reflecting a 17.6% year-over-year increase, surpassing projections of $698.1 million [2] - Total revenues amounted to $3.55 billion, an 8.8% year-over-year increase, exceeding the Zacks Consensus Estimate of $3.47 billion [3][10] Revenue and Expenses - Net interest income (NII) was reported at $715 million, down 1.1% year over year, attributed to lower average short-end rates and deposit mix shifts, with estimates at $738.2 million [3] - The net interest margin (NIM) contracted by 11 basis points year over year to 0.96%, below the expected 0.99% [4] - Total fee revenues increased by 8.1% year over year to $2.83 billion, driven by growth in nearly all components except lending-related fees, with estimates at $2.70 billion [4] - Non-interest expenses rose to $2.43 billion, a 5.5% increase from the prior year, aligning with estimates [5] Asset Management - As of September 30, 2025, total assets under custody and administration (AUC/A) reached a record $51.66 trillion, up 10.5% year over year, driven by higher equity market levels and client flows, slightly below the projected $52.04 trillion [7] - Assets under management (AUM) increased to $5.45 trillion, a 15.1% year-over-year rise, supported by higher market levels and net inflows, also below the estimate of $5.55 trillion [7] Shareholder Actions - In the reported quarter, State Street repurchased shares worth $400 million [8] Financial Ratios - The Common Equity Tier 1 ratio stood at 11.3% as of September 30, 2025, down from 11.6% in the same period of 2024 [6] - The return on average common equity improved to 13.4% compared to 12% in the year-ago quarter [6]