Morgan Stanley, BlackRock and State Street post Q3 2026 earnings beats amid mixed share reactions
Morgan Stanley, BlackRock and State Street reported third‑quarter 2026 results on October 14, all surpassing consensus estimates. The firms posted record assets under management and strong client inflows, but Morgan Stanley and State Street shares fell despite the beats, while BlackRock’s stock rose modestly. The earnings highlight fee‑driven growth but also underscore sensitivity to trading revenue and market rates.
Why it matters
The companies said the results confirm robust fee revenue from record AUM and inflows, yet the share price declines suggest the market had already priced in the performance. Investors should watch future trading revenue and rate‑related net interest income for both banks and custodians.
Key facts
- 1Morgan Stanley reported adjusted EPS of $3.46, beating the $2.89 expected estimate. 247wallst.com
- 2BlackRock reported adjusted EPS of $13.91, above the $12.67 consensus. 247wallst.com
- 3BlackRock’s actual EPS was $15.93 versus the $14.30 estimate. investing.com
- 4State Street posted EPS of $3.69, slightly ahead of the $3.67 estimate. investing.com
- 5Morgan Stanley’s revenue was $20.34 billion, beating the $19.96 billion consensus. investing.com
- 6BlackRock’s revenue was $7.75 billion, surpassing the $7.44 billion estimate. investing.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.