Oct. 17 at 5:15 PM
$STT beats Q3 earnings expectations — what's behind the growth? 🚀
Earnings per share hit
$2.78, topping the Zacks Consensus of
$2.62, with a 23% increase driven by fee revenue growth and improvements in AUC/A and AUM balances. However, rising expenses and lower net interest income present challenges.
See the full breakdown here 👉 https://www.zacks.com/stock/news/2771407/state-street-q3-earnings-beat-on-yy-growth-in-fee-revenues?cid=sm-stocktwits-2-2771407-body-16688&ADID=SYND_STOCKTWITS_TWEET_2_2771407_BODY_16688