Robinhood, Franklin Resources, State Street Lead Finance Sector With Strong Q2 Gains

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Robinhood Markets, Franklin Resources, and State Street emerged as the top-performing finance stocks in the S&P 500 during the second quarter of 2026, as the broader finance sector surged 10.9% amid a retail trading revival and improving market conditions. Robinhood benefited from a sharp rebound in retail trading activity and the expansion of its product ecosystem, including AI-powered trading and an agentic credit card, with analysts revising its 2026 and 2027 earnings estimates upward to $1.81 and $2.45 per share, respectively. Franklin Resources saw its preliminary assets under management rise 1.9% sequentially to $1.78 trillion as of May 31, 2026, supported by $4 billion of long-term net inflows and the launch of a dedicated active digital asset management division, driving fiscal 2026 and 2027 earnings estimates to $2.79 and $3.06 per share. State Street reported record assets under custody and administration of $54.5 trillion and assets under management of $5.6 trillion in the first quarter, leading the company to raise its full-year fee revenue growth guidance to 7-9% and net interest income growth to 8-10%, with 2026 and 2027 earnings estimates climbing to $12.53 and $14.03 per share.

Impact on stocks 3

Digital Finance & Tokenization▲ · 3 stocks
Franklin Resources Inc
BEN
▲ PositiveCapitalrelevance

Preliminary AUM rose 1.9% to $1.78T with $4B net inflows and launch of digital asset division, driving upward earnings estimate revisions.

Robinhood Markets Inc
HOOD
▲ PositiveDemandrelevance

Sharp rebound in retail trading activity and expansion of product ecosystem (AI trading, agentic credit card) boosted earnings estimates.

State Street Corp
STT
▲ PositiveCapitalrelevance

Record AUM/AUC and raised fee revenue and NII guidance led to upward earnings estimate revisions.

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