earnings
confidence high
sentiment positive
materiality 0.85
State Street reports record Q3 EPS of $2.26; CFO Eric Aboaf to step down
STATE STREET CORP
2024-Q3 EPS reported
$5.77
revenue$9,588,000,000
- Record EPS $2.26, net income $730M (+73% YoY); total revenue $3.259B (+21%).
- Fee revenue $2.616B (+11%), NII $723M (+16%); included $81M loss from portfolio repositioning and $66M gain on equity sale.
- AUC/A $46.8T (+17%), new AUC/A wins $466B; record AUM net inflows $100B.
- Returned $674M to shareholders ($450M buybacks, $224M dividends); CET1 ratio 11.6%.
- CFO Eric Aboaf to step down in February 2025; internal and external search underway.