State Street (STT) Q3 Earnings Impress But Stock Price Stays Cautious

State Street just posted Q3 2026 earnings that looked emphatically strong on paper while the stock barely blinked, up only 0.4% to about $167.60 after the release. The market reaction feels restrained for a custody and asset management giant that delivered about $4.0b in quarterly revenue and roughly $3.69 in earnings per share. The real story sits in profitability. Pre tax margin reached roughly 35% and return on tangible common equity hit about 25%. Those are punchy numbers for this sector,...