The company said diluted earnings per share (EPS) for Q3 2024 were $2.26, net income was $730 million and total revenue was $3,259 million, up 21% from a year earlier. Excluding notable items, total revenue growth was 9%.

1. 01

   The company said diluted earnings per share (EPS) for Q3 2024 were $2.26, net income was $730 million and total revenue was $3,259 million, up 21% from a year earlier. Excluding notable items, total revenue growth was 9%.

2. 02

   State Street said total fee revenue for Q3 was $2,616 million, up 11% from a year earlier. The company explained that the increase in other fee revenue mainly reflected the gain on the sale of an equity investment by $66 million. Net interest income was $723 million, up 16%.

3. 03

   The company said Other income for Q3 was a loss of $80 million, mainly reflecting the $81 million loss on sale of securities related to the repositioning of its investment portfolio. The loss in the same line item a year earlier was $294 million.

4. 04

   The company returned a total of $674 million to common shareholders in Q3, consisting of $450 million in share repurchases and $224 million in declared dividends. Its Standardized common equity tier CET1 ratio was 11.6% at quarter-end.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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