State Street (STT) Tops Q1 EPS by 12c

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Go back to State Street (STT) Tops Q1 EPS by 12c

State Street Reports First-Quarter 2015 GAAP-Basis EPS Of $0.90 on Revenue of $2.6 Billion

April 24, 2015 6:17 AM EDT

First-quarter 2015 operating-basis1 EPS was $1.17, up 18.2%, on revenue
of $2.7 billion, up 4.6%, compared to the first quarter of 2014

As previously disclosed, authorized to purchase up to $1.8 billion of common stock through June 30, 2016

BOSTON--(BUSINESS WIRE)-- In announcing today's financial results, Joseph L. Hooley, State Street's chairman and chief executive officer said, "We are pleased with our first-quarter 2015 results, which reflect strong fee revenue growth compared to the first quarter of 2014, continued momentum of our core business, and our focus on managing expenses. We continue to benefit from our strong... More