BUZZ-State Street shares decline as its third-quarter revenue falls short of expectations

October 14 - ** State Street Bank (STT.N) shares fell to their lowest point since June, last quoted at $162.47, down 6.7%

** According to data compiled by London Stock Exchange Group (LSEG), the US custodian bank reported third quarter revenue of $4.0 billion, slightly below analysts’ expectation of $4.03 billion

** Quarterly fee income was $3.14 billion, also below the expected $3.17 billion

** Third quarter earnings per share (EPS) was $3.69, exceeding the forecast of $3.67

** The stock currently trades at 11.49 times the expected EPS for the next 12 months, slightly above the industry median of 11.09

** Including today's performance, STT has risen nearly 26% so far this year

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