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State Street drops 3.5% on January 16, 2026 after Q4 beat; expense guidance worries
On January 16, 2026, State Street (NYSE: STT) fell 3.5% to $131.48 as of 10:20 AM EST, down from a $136.20 prior close, despite topping Q4 EPS and revenue estimates. Investors focused on $226 million in repositioning charges and a 2026 expense outlook of 3–4%, above Visible Alpha's 1.6% consensus, alongside a low single-digit net interest income guide.