State Street(US:STT)2025-01-17 16:11Financial Highlights - Full year 2024 total revenue reached $13 billion, a 9% increase year-over-year[4] - Fourth quarter 2024 total revenue was $3.4 billion, up 12% year-over-year[4] - Full year 2024 EPS was $8.21, a 47% increase year-over-year[4] - Fourth quarter 2024 EPS was $2.46, compared to $0.55 in the fourth quarter of 2023[4] Business Segment Performance - Investment Servicing fees for the full year 2024 were $5.016 billion, up 2% year-over-year[5] - Investment Management fees for the full year 2024 were $2.124 billion, up 13% year-over-year[5] - Foreign exchange trading services revenue for the full year 2024 was $1.401 billion, up 11% year-over-year[5] Assets and Flows - Assets under Management (AUM) reached $4.7 trillion at year-end 2024, with net inflows of $146 billion for the year[4] - New servicing AUC/A wins in 2024 exceeded $2.3 trillion, including $1.1 trillion in the fourth quarter[4] Expense Management - Full year 2024 expenses were $9.5 billion, down 1% year-over-year, or up 4% ex-notables[4] - The company achieved approximately $500 million in recurring savings year-over-year in 2024[4]