Recent updates on State Street Corporation (STT) were focused on their Q4 and full-year 2024 financial performance. In particular, STT impressed with record EPS and robust revenue growth. Despite an earnings beat, the company saw its stock slide, potentially due to a roughly flat Net Interest Income (NII) forecast for 2025. Nonetheless, their Q4 earnings and revenues surpassed estimates. In connection to this, several firms adjusted their holdings in STT. Other recent announcements from STT included the issuance of $2.25 billion and $2.3 billion in senior debt, respectively, and the appointment of Mark R. Keating as interim CFO. In terms of stock performance analysis, it displayed strong Q4 2024 earnings growth, but its CET1 ratio slightly decreased. Among other updates, STT's SWOT analysis, upcoming earnings forecasts, outlook on NII, partnerships, dividends, and strategic expansion were also reported.
State Street Corporation STT News Analytics from Wed, 10 Apr 2024 07:00:00 GMT to Sat, 18 Jan 2025 18:57:09 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -4
