State Street(STT) ZACKS·2025-01-17 15:31Financial Performance - State Street Corporation reported $3.41 billion in revenue for Q4 2024, a 12.1% YoY increase [1] - EPS for the quarter was $2.60, compared to $2.04 a year ago [1] - Revenue surpassed Zacks Consensus Estimate by 3.17% ($3.31 billion) [1] - EPS exceeded consensus estimate by 7.44% ($2.42) [1] Key Metrics Analysis - Basel III Advanced Approaches - Tier 1 Leverage Ratio: 5.2% vs 5.3% estimate [4] - Net interest margin (FTE): 1.1% vs 1.1% estimate [4] - Average balance - Total interest-earning assets: $278.53 billion vs $265.70 billion estimate [4] - Basel III Standardized Approach - Tier 1 capital ratio: 13.2% vs 13.4% estimate [4] - Assets under Management (AUM): $4,715 billion vs $4,785.94 billion estimate [4] - Basel III Standardized Approach - Total capital ratio: 14.8% vs 14.4% estimate [4] - Assets under Custody and/or Administration (AUC/A): $46,557 billion vs $40,312.27 billion estimate [4] - Net Interest Income: $749 million vs $734.49 million estimate [4] - Total fee revenue: $2.66 billion vs $2.58 billion estimate [4] - Net Interest Income - fully taxable-equivalent basis: $749 million vs $735.50 million estimate [4] - Software and processing fees: $259 million vs $234.64 million estimate [4] - Other fee revenue: $66 million vs $50.98 million estimate [4] Stock Performance - State Street shares returned +5.3% over the past month [3] - Zacks S&P 500 composite showed -2.1% change during the same period [3] - The stock currently has a Zacks Rank 3 (Hold) [3] Market Insights - Investors focus on YoY changes in revenue and earnings to determine investment strategies [2] - Key metrics provide better insight into a company's underlying performance [2] - Comparing metrics with year-ago numbers and analyst estimates helps project stock price performance [2]