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Sep 30, 2023
State Street Q3 2023 Earnings Report
State Street's Q3 2023 earnings were reported with an EPS of $1.25, or $1.93 excluding notable items, and total fee revenue increased by 3%.
Key Takeaways
State Street reported Q3 2023 earnings with a diluted EPS of $1.25 ($1.93 excluding notable items). Total fee revenue increased 3% year-over-year, driven by Investment Services and asset management. The company returned $1.2 billion to shareholders through share repurchases and dividends.
Total fee revenue increased by 3% year-over-year, supported by Investment Services and asset management.
Generated strong servicing fee revenue wins of $91 million in the quarter, including the first Alpha for Private Markets mandate.
Transformation and productivity initiatives limited year-over-year expense growth.
Returned $1.2 billion to shareholders through common share repurchases and dividends.
State Street
State Street
State Street Revenue by Segment
Revenue by Segment
Servicing Fees Revenue
CapyFin.comManagement Fees Revenue
CapyFin.comFX Trading Services Revenue
CapyFin.comSecurities Finance Revenue
CapyFin.comSoftware & Processing Revenue
CapyFin.comLending & Other Fees Revenue
CapyFin.com