Core Viewpoint - State Street (STT) is expected to report second-quarter 2025 results on July 15, with anticipated year-over-year increases in revenues and earnings [1] Financial Performance - In the last reported quarter, STT's earnings exceeded the Zacks Consensus Estimate, driven by growth in fee revenues and lower provisions, despite higher adjusted expenses and lower net interest income (NII) [2] - The Zacks Consensus Estimate for second-quarter earnings is $2.39 per share, reflecting an 11.2% increase from the previous year, while sales are estimated at $3.36 billion, indicating a 5.4% year-over-year growth [3] Key Estimates for Q2 - NII is projected to be $734 million, showing a slight year-over-year decline, while average interest-earning assets are estimated at $291.4 billion, representing an 11.3% increase from the prior year [5] - Fee revenues are expected to rise, with FX trading services income estimated at $382 million (up 13.7% year-over-year), management fees at $559 million (up 9.4%), and servicing fees at $1.29 billion (up 3.7%) [6][7][8] - Total adjusted non-interest expenses are anticipated to increase by 3.8% year-over-year to $2.36 billion due to higher information systems and communication expenses [10] Strategic Developments - In May, State Street Global Advisors formed a partnership with India-based smallcase to enhance market access for Indian investors and expand its presence in the fintech sector [11][12] Earnings Outlook - The likelihood of State Street beating the Zacks Consensus Estimate is high, supported by a positive Earnings ESP of +0.28% and a Zacks Rank of 2 (Buy) [13][14]