Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at WisdomTree (NYSE: WT) and the best and worst performers in the custody bank industry.

Custody banks safeguard financial assets and provide services like settlement, accounting, and regulatory compliance for institutional investors. Growth opportunities stem from increasing global assets under custody, demand for data analytics, and blockchain technology adoption for settlement efficiency. Challenges include fee pressure from large clients, substantial technology investment requirements, and competition from both traditional players and fintech firms entering the space.

The 16 custody bank stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.5%.

In light of this news, share prices of the companies have held steady as they are up 4.2% on average since the latest earnings results.

WisdomTree (NYSE: WT)

Originally founded as a financial media company before pivoting to ETF management in 2006, WisdomTree (NYSE: WT) is a financial services company that creates and manages exchange-traded funds (ETFs) and other investment products for individual and institutional investors.

WisdomTree reported revenues of $159.5 million, up 47.5% year on year. This print exceeded analysts’ expectations by 1.4%. Overall, it was a strong quarter for the company with an impressive beat of analysts’ EBITDA and EPS estimates.

“This was another quarter of consistent, broad-based execution, with nearly $6 billion of net inflows and continued momentum across the business. What stands out most is the quality and breadth of those flows, with clients engaging across asset classes, geographies and use cases. That speaks to the strength of our platform and our ability to generate growth across market environments. We are not reliant on any single product or theme – our business is becoming increasingly diversified, resilient and positioned to scale.” Expand Update from Jonathan Steinberg, WisdomTree CEO

WisdomTree achieved the fastest revenue growth of the whole group. The stock is up 13.2% since reporting and currently trades at $19.25.

Read why we think that WisdomTree is one of the best custody bank stocks, our full report is free.

Best Q1: Franklin Resources (NYSE: BEN)

Operating under the widely recognized Franklin Templeton brand since 1947, Franklin Resources (NYSE: BEN) is a global investment management organization that offers financial services and solutions to individuals, institutions, and wealth advisors worldwide.

Franklin Resources reported revenues of $2.29 billion, up 8.7% year on year, outperforming analysts’ expectations by 11.8%. The business had an incredible quarter with a beat of analysts’ EPS and revenue estimates.

The market seems happy with the results as the stock is up 11.4% since reporting. It currently trades at $30.73.

Is now the time to buy Franklin Resources? Access our full analysis of the earnings results here, it’s free.

Slowest Q1: Hamilton Lane (NASDAQ: HLNE)

With over $100 billion in assets under management and supervision, Hamilton Lane (NASDAQ: HLNE) is an investment management firm that specializes in private markets, offering advisory services and fund solutions to institutional and private wealth investors.

Hamilton Lane reported revenues of $193.6 million, down 2.2% year on year, falling short of analysts’ expectations by 3.4%. It was a slower quarter as it posted a miss of analysts’ revenue estimates.

Hamilton Lane delivered the slowest revenue growth in the group. Interestingly, the stock is up 4% since the results and currently trades at $88.49.

Read our full analysis of Hamilton Lane’s results here.

Voya Financial (NYSE: VOYA)

Originally spun off from Dutch financial giant ING in 2013 and rebranded with a name suggesting "voyage," Voya Financial (NYSE: VOYA) provides workplace benefits and savings solutions to U.S. employers, helping their employees achieve better financial outcomes through retirement plans and insurance products.

Voya Financial reported revenues of $1.93 billion, up 2.3% year on year. This result surpassed analysts’ expectations by 15.4%. It was a stunning quarter as it also logged a solid beat of analysts’ revenue and EPS estimates.

Voya Financial pulled off the biggest analyst estimates beat among its peers. The stock is flat since reporting and currently trades at $82.41.

Read our full, actionable report on Voya Financial here, it’s free.

Federated Hermes (NYSE: FHI)

With roots dating back to 1955 and a pioneering role in money market funds, Federated Hermes (NYSE: FHI) is an investment management firm that offers a wide range of funds and strategies for institutional and individual investors.

Federated Hermes reported revenues of $479 million, up 13.1% year on year. This print beat analysts’ expectations by 1.2%. Overall, it was a strong quarter as it also produced a beat of analysts’ EPS and revenue estimates.

The stock is down 7.3% since reporting and currently trades at $53.85.

Read our full, actionable report on Federated Hermes here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.