UPDATE: State Street (STT) Tops Q4 EPS by 1c

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Go back to UPDATE: State Street (STT) Tops Q4 EPS by 1c

State Street Reports Fourth-Quarter 2018 EPS of $1.04; EPS $1.68 Excluding Notable Items(a)

January 18, 2019 7:30 AM EST

Net Interest Income up 13% with NIM Expansion Year-on-Year

Initiated New $350 Million Expense Savings Program

Better Positioned for CCAR 2019 Due to Balance Sheet Optimization

Full-Year 2018 ROE of 12.2%, up 1.6% Points from Full-Year 2017

BOSTON--(BUSINESS WIRE)-- In announcing today's financial results, Ronald O'Hanley, President and Chief Executive Officer, said "Over the course of 2018, I have engaged with State Streets stakeholders including our investors, clients, employees and regulators. I have also led a reexamination of our Investment Servicing and Investment Management strategies. State Street has strong... More