1 NYSE: STT April 17, 2025 All comparisons are to corresponding prior year period unless otherwise noted | Investment Servicing | | | | | | --- | --- | --- | --- | --- | | and AUC/A yet to be installed of $3.1T1 | • | AUC/A of $46.7T at quarter-end; AUC/A wins of $182B | | | | primarily related to back office wins2 | • | New servicing fee revenue wins of | $55M | new State Street Alpha® mandate1 | | • | Reported 1 | Business | | | | • | Prior investments provide ability to proactively address client needs w ...

Financial Data and Key Metrics Changes - In Q1 2025, fee revenue increased by 6% year over year, while total revenue rose by 5% [11] - The pre-tax margin reached 30% excluding seasonal expenses, with EPS at $2.04 compared to $1.37 in Q1 last year, marking a 21% growth year over year [12][27] - Year over year, expenses increased by just 3%, contributing to strong fee and total operating leverage [21][42] Business Line Data and Key Metrics Changes - New asset servicing AUCA wins totaled $182 billion in Q1, with new servicing fee revenue wins of $55 million [12][31] - Management fees increased by 10% year over year, despite net outflows driven by an anticipated client transition [15][34] - FX trading revenue grew by 9% year over year, while securities finance revenues increased by 19% [37] Market Data and Key Metrics Changes - Period end AUCA and AUM increased by 6% and 9% year over year, respectively, reflecting higher market levels and positive flows [28] - Daily average global equity market levels were roughly flat, while daily average FX volatility declined slightly [29] Company Strategy and Development Direction - The company is focused on creating better outcomes for investors and enhancing its investment services, markets, software, and asset management capabilities [9][10] - Strategic progress in investment management is emphasized, particularly in low-cost ETFs, with a record AUM of $256 billion in low-cost ETFs [16][18] - The company aims for $350-400 million in new servicing fee revenue wins for the year, while being mindful of market variability [14][34] Management's Comments on Operating Environment and Future Outlook - Management acknowledges notable uncertainty in the operating environment, including trade policy, taxes, and interest rates [8][24] - Despite challenges, the company expresses confidence in its strategy and ability to deliver solid financial returns [25] - The company is prepared for various scenarios and is focused on maintaining expense discipline while investing in client capabilities [22][45] Other Important Information - The company returned $320 million to shareholders through common share repurchases and dividends [20][46] - The search for a permanent CFO is advanced, with an announcement expected soon [23] Q&A Session Summary Question: How does the company view the current market volatility? - Management highlighted that the current environment presents both challenges and opportunities, emphasizing their strong capital position to support clients [19][20] Question: What are the expectations for new servicing fee revenue wins? - The company maintains its target of $350-400 million in new servicing fee revenue wins for the year, despite potential market variability [14][34]

State Street’s (STT) first-quarter 2025 earnings of $2.04 per share surpassed the Zacks Consensus Estimate of $1.98. The bottom line also increased 20.7% from the prior-year quarter.Results were aided by growth in fee revenues and lower provisions. Also, the company witnessed improvements in total assets under custody and administration (AUC/A) and assets under management (AUM) balances. However, higher adjusted expenses and lower net interest income (NII) acted as spoilsports. Shares of STT lost roughly 3% ...

For the quarter ended March 2025, State Street Corporation (STT) reported revenue of $3.28 billion, up 4.7% over the same period last year. EPS came in at $2.04, compared to $1.69 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.3 billion, representing a surprise of -0.57%. The company delivered an EPS surprise of +3.03%, with the consensus EPS estimate being $1.98.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

State Street Corporation (STT) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.03%. A quarter ago, it was expected that this company would post earnings of $2.42 per share when it actually produced earnings of $2.60, delivering a surprise of 7.44%.Over the last four quarters, the co ...

Exhibit 99.2 STATE STREET CORPORATION EARNINGS RELEASE ADDENDUM March 31, 2025 Table of Contents | GAAP-Basis Financial Information: | | | --- | --- | | 4-Year Summary of Results | 2 | | Consolidated Results of Operations | 3 | | Consolidated Statement of Condition | 5 | | Average Statement of Condition - Rates Earned and Paid - Fully Taxable-Equivalent Basis | 6 | | Selected Average Balances by Currency - Rates Earned and Paid | 7 | | Investment Portfolio Holdings by Asset Class | 8 | | Allowance for Credi ...

Analysts on Wall Street project that State Street Corporation (STT) will announce quarterly earnings of $1.98 per share in its forthcoming report, representing an increase of 17.2% year over year. Revenues are projected to reach $3.3 billion, increasing 5.2% from the same quarter last year.The current level reflects a downward revision of 2.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...

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Core Viewpoint - State Street Corporation (STT) is expected to report a year-over-year increase in earnings and revenues for the quarter ended March 2025, with a consensus outlook indicating potential stock price movement based on actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to be released on April 17, 2025, with expected earnings of $1.98 per share, reflecting a +17.2% year-over-year change, and revenues projected at $3.3 billion, up 5.2% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 2.81% lower over the last 30 days, indicating a reassessment by analysts of their initial estimates [4]. - The Most Accurate Estimate for State Street is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.21%, suggesting a bullish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - State Street currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, State Street exceeded the expected earnings of $2.42 per share by delivering $2.60, resulting in a surprise of +7.44% [12]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [13]. Conclusion - While State Street appears to be a compelling candidate for an earnings beat, it is essential to consider other factors that may influence stock performance beyond just the earnings report [14][16].

State Street (STT) is slated to report first-quarter 2025 results on April 17, before the opening bell. The company’s revenues and earnings are expected to have increased year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, STT’s earnings beat the Zacks Consensus Estimate. Growth in fee revenues and higher net interest income (NII) primarily aided results. Also, improvements in total assets under custody and assets under management (AUM) balan ...