State Street reports Q2 ex-items EPS $2.53, consensus $2.39

Reports Q2 revenue $3.45B, consensus $3.33B. Reports Q2 AUM $5.12T. Ron O’Hanley, chairman and CEO: “We delivered strong financial results and continued business momentum, all while supporting our clients and growing revenues amid heightened market uncertainty and volatility. During the second quarter, we achieved robust fee revenue growth across the franchise with total fee revenue up 11% year-over-year, and up 12%, excluding notable items, coupled with ongoing expense management.”