State Street Corporation is one of the largest asset-servicing companies in the world. Q1 2025 earnings showed revenue up 5%, net income up 39%, and assets under custody and management growing, indicating a successful business model. Despite slower growth compared to peers, STT's stable asset servicing business and international growth opportunities make it a solid long-term investment.
STT's first-quarter 2025 earnings beat estimates on higher fee revenues and lower provisions. Yet, higher adjusted expenses and lower NII are woes.
The headline numbers for State Street (STT) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
Get a deeper insight into the potential performance of State Street (STT) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
State Street, an American global financial services company, is now a $22 billion (by market cap) financial powerhouse. To date, STT increased its dividend for 14 consecutive years, with a 10-year dividend growth rate of 9.7%. The company moved its revenue from $10.8 billion in FY 2015 to $22.1 billion in FY 2024, a compound annual growth rate of 8.3%.
State Street (STT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lower NII and fee income, along with high expenses, are likely to have hurt State Street's first-quarter 2025 earnings.
GILT wins up to $23 million U.S. DoD contract for global STT support, reinforcing its role in mission-critical SATCOM and commitment to defense excellence.
My buy rating on State Street from 2023 gets reaffirmed today as the share price took a dip in this week's tariff-driven market selloff. The stock is trading below average, and in the undervaluation range. Fundamentally, it has several growth drivers, strong credit ratings, proven dividend growth, and a positive EPS consensus.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?