State Street (STT) Tops Q1 EPS by 3c
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State Street Reports First-Quarter 2018 EPS of $1.62, up 41%, and ROE of 12.8%, up 2.9 Percentage Points, Compared to the First-Quarter of 2017
April 20, 2018 7:00 AM EDT1Q18 Revenue of $3.0 Billion, up 13% Compared to 1Q17, Reflecting Strength in Servicing Fees and Net Interest Income
Assets under Custody and Administration of $33.3 Trillion and Assets under Management of $2.7 Trillion, up 12% and 7%, Respectively, Compared to 1Q17, Driven by Strength in Equity Markets and New Business
Record $1.3 Trillion of Newly Announced Servicing Mandates
BOSTON--(BUSINESS WIRE)-- In announcing todays financial results, Joseph L. Hooley, State Streets Chairman and Chief Executive Officer, said, "First-quarter 2018 results reflect strong growth in both fee revenue and net interest income. Servicing fees... More
