State Street
The Revenue Paradox: State Street’s Record Assets Met With Investor Skepticism as Costs Climb
In a striking display of the "beat-and-drop" phenomenon, State Street Corporation (NYSE: STT) reported fourth-quarter 2025 results on January 16, 2026, that highlighted a growing tension in the custody banking sector. Despite hitting record revenue of $3.67 billion—a 7.5% year-over-year increase—and reaching an all-time