State Street (STT) Reports In-Line Q2 EPS
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State Street Reports Second-Quarter 2015 GAAP-Basis EPS Of $0.94, on Revenue of $2.6 Billion
July 24, 2015 7:00 AM EDTSecond-quarter 2015 operating-basis1 EPS was $1.37, down 1.4% compared to the second quarter of 2014, with a 2.1% increase in revenue to $2.7 billion
Servicing fees increased 2.9% compared to the second quarter of 2014 and increased 4.1% compared to the first quarter of 2015
BOSTON--(BUSINESS WIRE)-- In announcing today's financial results, Joseph L. Hooley, State Street's chairman and chief executive officer said, "Second-quarter 2015 results reflect the strength of our core business, as evidenced by 4% growth in servicing fees compared to the first quarter of 2015, and also reflect the benefit of seasonal securities finance... More
