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Sep 30, 2024
State Street Q3 2024 Earnings Report
State Street reported record EPS and strong financial performance driven by broad-based fee growth and higher NII.
Key Takeaways
State Street reported a strong Q3 2024 with record EPS of $2.26, driven by revenue growth of 21% (9% excluding notable items) and net income increase of 73%. The company saw significant momentum across most business lines, with new investment servicing AUC/A wins of $466 billion and record Global Advisors net inflows of $100 billion.
Reported record EPS of $2.26 in Q3 2024.
Achieved new investment servicing AUC/A wins of $466 billion.
Global Advisors experienced record net inflows of $100 billion.
Revenue increased by 21%, or 9% excluding notable items.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
State Street remains focused on delivering full-year positive fee and total operating leverage through continued execution and ongoing transformation and productivity improvement, as well as returning excess capital to shareholders.
Positive Outlook
- Continued execution
- Ongoing transformation
- Productivity improvement
- Returning excess capital to shareholders
- Strong balance sheet
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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