earnings
confidence high
sentiment positive
materiality 0.80
State Street Q4 EPS $2.46, adj. $2.60; revenue +12%; CFO departure
STATE STREET CORP
2024-FY EPS reported
$8.21
revenue$13,000,000,000
- Q4 EPS $2.46 GAAP, $2.60 ex-notables; net income $783M vs $210M a year ago.
- Total revenue $3.412B (+12% YoY); fee revenue +13%, NII +10%.
- AUC/A $46.6T (+11%), AUM $4.7T (+15%); new servicing fee wins $154M.
- CFO Eric Aboaf to depart Feb 2025; Mark Keating named interim CFO with $500K salary.
- Pre-tax margin 28.1% (30% ex-notables); ROE 12.7% (13.5% ex-notables).