State Street (STT) Q2 Earnings: What to Watch Before the Bell

State Street Corp. is releasing its second-quarter results before the market opens on July 16, 2026, giving investors an early read on how one of the world's largest custody banks performed through the spring. Custody bank stocks have been trading higher heading into the print, buoyed by optimism around two key revenue drivers: net interest income expansion and gains in asset management.

Net interest income is closely watched for custody banks because it reflects how well they can earn on the deposits and cash balances that flow through their massive back-office operations. Asset management performance, meanwhile, speaks to fee revenue tied to the scale of assets State Street oversees on behalf of institutional clients — a figure that tends to move with broader market levels.

With the report confirmed for pre-market release, traders will be parsing the numbers against those sector-wide expectations as soon as results hit. How State Street's actual figures line up with the optimism already priced into custody bank shares will set the tone for STT when the opening bell rings.