State Street said diluted EPS for Q1 2025 was $2.04, up 49% year-over-year, and total revenue increased 5% while fee revenue rose 6%. Total expenses decreased 3% in the same period, and net income was $644 million.

1. 01

   State Street said diluted EPS for Q1 2025 was $2.04, up 49% year-over-year, and total revenue increased 5% while fee revenue rose 6%. Total expenses decreased 3% in the same period, and net income was $644 million.

2. 02

   The company said servicing fees for Q1 increased 4% year-over-year, management fees rose 10%, and securities finance increased 19%. Net interest income was $714 million, comparable to $716 million in the prior-year period.

3. 03

   State Street said AUC/A as of March 31, 2025 was $46.7 trillion, up 6%, and AUM was $4.7 trillion, up 9%. New servicing fee revenue wins in Q1 were $55 million, and new servicing AUC/A wins totaled $182 billion.

4. 04

   The company returned a total of $320 million to common shareholders in Q1, and the standardized CET1 ratio was 11.0%. State Street also notified holders on May 18, 2025 that it will redeem all $1,000,000,000 aggregate principal amount of 5.104% Fixed-to-Floating Rate Senior Notes due 2026, with the redemption to be funded using cash on hand.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.