State Street said diluted EPS for Q4 2024 was $2.46, compared with $0.55 in the year-ago quarter, and total revenue of $3,412 million rose 12% from the prior-year period. Fee revenue increased 13% to $2,662 million, and net interest income rose 10% to $749 million.

1. 01

   State Street said diluted EPS for Q4 2024 was $2.46, compared with $0.55 in the year-ago quarter, and total revenue of $3,412 million rose 12% from the prior-year period. Fee revenue increased 13% to $2,662 million, and net interest income rose 10% to $749 million.

2. 02

   The company said total expenses for Q4 2024 fell 14% from the year-ago quarter, while excluding notable items they rose 8%. Total notable items on a pre-tax basis were $(58) million, which included deferred compensation expense acceleration of $79 million.

3. 03

   State Street said new servicing fee revenue wins in Q4 2024 were $154 million and new servicing AUC/A wins were $1.1 trillion. In Investment Management, the company reported total quarterly net inflows of $64 billion.

4. 04

   The company said its Standardized common equity tier 1 (CET1) ratio at the end of Q4 2024 was 10.9%, down 0.7 percentage points from both the year-ago quarter and the prior quarter. In the same quarter, State Street returned $770 million of capital to common shareholders.

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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